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ANZ profit on the rise in first quarter

AAP  |  WEDNESDAY, 12 FEB 2014
... its three rivals. The fall in bad loans was viewed as a positive economic indicator, signalling businesses were keeping on top of debt repayments due to low interest rates. Morningstar analyst David Ellis said the result showed the economy was still ...

Market Wrap AM

AAP  |  WEDNESDAY, 12 FEB 2014
... Nasdaq Composite Index added 42.86 (1.03 per cent) at 4,191.03. Appearing in her first congressional hearing since taking the top post at the US central bank, Yellen said she expects to continue predecessor Ben Bernanke's plan to scale back stimulus ...

Latest Financial Standard issue available on the iPad app

JAMES FERNYHOUGH  |  MONDAY, 10 FEB 2014
In the latest edition of Financial Standard, we sit down with Assistant Treasurer Arthur Sinodinos to discuss his career to date and find out what he hopes to achieve in office. In particular, Senator Sinodinos reflects on the thinking behind the proposed ...

A third of Australians expect major shortfall in retirement

LAURA MILLAN  |  MONDAY, 10 FEB 2014
... that 31.7% think they will have a major shortfall, while a further 25% expect to experience "a shortfall to some extent." The top three barriers to sufficient retirement savings continue to be major health issues, loss of employment and lack of formal ...

Excuses, excuses

BENJAMIN ONG  |  MONDAY, 10 FEB 2014
... and they didn't really have to create excuses for the good they saw and heard looks and sounds good - and that is while the top line numbers disappointed, the devil's details point towards a steadily improving jobs market.

Mercer wins Mercy Super admin gig

JAMES FERNYHOUGH  |  MONDAY, 3 FEB 2014
... engage with their members in a tailored and meaningful way and to further improve the experience and outcomes for members. "Our top priority in superannuation administration is delivering the highest standard of customer service to members. We provide ...

Brookvine inks US micro cap deal

MARK SMITH  |  FRIDAY, 31 JAN 2014
... that company size matters. Over a full market cycle a well diversified portfolio of high quality micro cap companies run by top quality management teams should significantly outperform large stock portfolios of similar quality. The US is the deepest ...

Retail funds close member satisfaction gap

JAMES FERNYHOUGH  |  FRIDAY, 31 JAN 2014
... retail funds, but the gap is closing, according to a new survey released by Roy Morgan. The survey put industry funds in the top five places, with ESSSuper head and shoulders above the rest with a satisfaction rate of 79.6%. Second place Catholic Super ...

Federation platform adds Pengana Aussie Equities Fund

LAURA MILLAN  |  THURSDAY, 30 JAN 2014
... allows it to hold up to 100% in cash if suitable investments can't be found and a concentrated portfolio of 20-25 stocks. The top five holdings as at December 2013 were DUET Group, ANZ Bank, Telstra, Resmed and National Australia Bank. "The interest ...

Half of Australians not confident managing money

LAURA MILLAN  |  THURSDAY, 30 JAN 2014
... segment, with an average value of $2,000, with 41.3% feeling confident. However, the highest confidence, 61.7%, was among the top segment of Australians managing an average value of $573,000. But when it comes to taking time to learn about finance, the ...