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Murray shuns FoFA commissions' debate

LAURA MILLAN  |  WEDNESDAY, 28 MAY 2014
Financial System Inquiry (FSI) chairman David Murray has avoided weighing in on the debate about the Future of Financial Advice (FoFA) amendments and the possibility that they could bring back commissions in advice. Speaking at the Institute of Chartered ...

Dancing with digital: MAX

STAFF WRITER  |  TUESDAY, 27 MAY 2014
Financial services marketers face the twin challenges of being relevant to the digital investor while complying with snail-mail era regulation - but there are ways to get the best of both worlds. Speakers at this year's MAX Marketing, Adverting and ...

Market wrap

AAP  |  MONDAY, 26 MAY 2014
The Australian share market has pushed above the 5,500 mark at the open on the back of a positive lead from markets in the United States last week. "We've just had a positive lead from Friday's trade. The US just kept ticking along nicely," IG market ...

Market Wrap AM

AAP  |  MONDAY, 26 MAY 2014
The Australian share market is expected to open slightly higher this week on the back of gains in global markets. AMP chief economist Shane Oliver is tipping a lift of five to 10 points at the local open. The S&P 500 finished the week above 1,900 for ...

Intra-fund advice is also a commission: FSC

LAURA MILLAN  |  FRIDAY, 23 MAY 2014
The Financial Services Council (FSC) said that asking for a ban of commissions on general advice is "hypocritical" when intra fund advice itself is "non-transparent." FSC policy and global markets director Andrew Bragg and senior policy manager Cecilia ...

Market Wrap AM

AAP  |  FRIDAY, 23 MAY 2014
The Australian share market is set to open higher after Wall Street posted modest gains overnight. The March share price index futures contract is 11 points higher at 5,499. In local economic news on Friday, the Housing Industry Assocation releases ...

Market Wrap AM

AAP  |  THURSDAY, 22 MAY 2014
The Australian share market is set for a positive start to trade, after Wall Street lifted when the US Federal Reserve confirmed no change to its interest rate plans. At 0700 AEST on Thursday, the March share price index futures contract was up 23 points ...

Blue Sky directors buy stake in Alternatives Fund IPO

LAURA MILLAN  |  WEDNESDAY, 21 MAY 2014
Three Blue Sky Alternative Investments non-independent board members will invest at least $1.35 million in aggregate through the initial public offering of the manager's Alternatives Fund. Blue Sky chairman John Kain, Alexander McNab and Andrew Champion's ...

PROFILE: netwealth head of advice Simon Micallef

LAURA MILLAN  |  WEDNESDAY, 21 MAY 2014
Business and soccer have been parallel careers for netwealth head of advice Simon Micallef, and he has been moving swimmingly from one to another. But despite his love of the worldA game, he admits to Laura Millan that Australia will get its financial ...

When Maslow's Theory and Marketing Collide

Marketing and innovation produce results; all the rest are costs." - Peter Drucker, father of modern management and marketing If marketing is so important to a business, why is it often the first thing cut when times are tough? Why chop one of two things ...