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| | | The AFA claims industry research validates its stance that the ban of commissions inside super will negatively impact consumers but the super and advice industries can work together against underinsurance. In the third tranche of research from the Association ... |
| | | | The Productivity Commission will in 2012 review how default funds are appointed to Industrial Awards, said superannuation minister Bill Shorten, just one day after APRA released figures showing that the retail sector has again under performed the not-for-profit ... |
| | | | The Australian market again has received negative leads from offshore trading overnight, with Wall St and European markets ending lower while oil bounced higher. Precious metals fell, and base metals were mixed. At 0719 AEST on the ASX 24, the June ... |
| | | | Responding to planner concerns over FOFA and opt-in, IRESS has incorporated opt-in capabilities in to its next XPLAN update. The opt-in period is still to be finailsed with Independent MP, Rob Oakeshott, last week re-igniting the debate.Planners are ... |
| | | | The Australian market has received negative leads from offshore trading overnight, with Wall St closing lower, along with oil, while precious metals rose. At 0700 AEST on the ASX 24, the June share price index futures contract was 31 points lower at ... |
| | | | Financial planners could face a tougher regulator, if changes to ASIC's powers go ahead. Currently under review by the Treasury, proposals include strengthened authority to ban advisers. The reforms in question propose that harsher penalties should ... |
| | | | Chi-X owner, Instinet, has launched its first dark pool product for Australian equities, at a time when regulator ASIC is looking to review the trading industry. Instinet launched its Instinet BLX Australia yesterday, which will collect multiple orders ... |
| | | | Colonial First State Global Asset Management (CFSGAM) has strengthened its investment solutions business in Asia and Australia, responding to increasing demand for multi asset funds. CFSGAM has appointed three Dutch senior investment professionals from ... |
| | | | Opponents of elements of the Future of Financial Advice have come in for a drubbing from key figures in the financial services industry in the wake of intense lobbying of the independents by financial planners. Financial advisers were instructed by ... |
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