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| | | Australia's funds management market climbed 2 per cent in the September quarter to reach $1.374 trillion, but over the year it grew only 1 per cent, reveals analysis by Rainmaker. This lacklustre growth in FUM contrasts with the 8 per cent growth in ... |
| | | | Superannuation assets climbed 8 per cent in the year to end September, more than twice the pace of returns over the same period reflecting a recovery in contribution levels. Super assets climbed $55 billion in the September quarter to reach 1.280 trillion ... |
| | | | A report commissioned by the WA Treasurer into the GESB demutualisation said the proposal was not in members interests and recommends major changes to WA public sector superannuation arrangements. In July 2009, the WA Treasurer appointed Rod Whithear ... |
| | | | The New Zealand Retirement Commissioner has recommended an increase in the country's retirement age to 67 but the proposal has been rejected by Prime Minister John Key. The recommendation was made in the three-yearly Retirement Income Policy Review ... |
| | | | AMP's decision to strengthen wealth management, not banking, should it merge with AXA just made the government's task of bringing more competition in banking that much harder. Craig Dunn, AMP managing director, told ABC television yesterday that the ... |
| | | | Super fund returns for the year to October have recovered to an average 6.6 per cent but it's the small funds and not the majors leading the way. SelectingSuper's latest performance survey found funds have recovered half of what they lost, since at ... |
| | | | Former prime minister Paul Keating entered the debate over increasing SG to 12 per cent, arguing that it will help the Reserve Bank manage aggregate demand without raising interest rates. Keating, speaking on ABC television's Lateline program last night ... |
| | | | China and Russia will cease using the US dollar as the basis of their intercountry trade in reaction to the greenback's instability and sliding relevance. "About trade settlement, we have decided to use our own currencies," Russian president Vladimir ... |
| | | | ... Professor, University of New South Wales Richard Klipin, CEO, Association of Financial Advisers Jenni Mack, Chair, Choice Alex Malley, CEO, CPA Australia Rod Masson, National Director, Financial Sector Union Mark Rantall, CEO, Financial Planning Association ... |
| | | | Australia's recovering commercial property market fuelling the bounce back in the direct property sector, combined with share returns turning south, has dented the retail super surge and put industry funds back in the market lead. CB Richard Ellis has ... |
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