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'Funding Australia's growth' top priority for Murray Inquiry

JAMES FERNYHOUGH  |  MONDAY, 2 DEC 2013

Market Wrap

AAP  |  MONDAY, 2 DEC 2013
... cents to $66.42. Iron ore miner Fortescue was up 3.5 cents at $5.71 and gold miner Newcrest was 26 cents higher at $7.95. The big four banks were mixed on Monday, with Westpac down 1.5 cents to $32.86 and Commonwealth eight cents lower at 77.74, but ...

Latest Financial Standard issue available on the iPad app

STAFF WRITER  |  MONDAY, 2 DEC 2013
In the latest edition of Financial Standard we cast our eyes back and revisit some of the biggest trends affecting the worlds of advice, investment and superannuation this year. We've also rounded up 2013's best quotes from the many of the financial ...

ISA and FSC clash over super in awards debate

JAMES FERNYHOUGH  |  FRIDAY, 29 NOV 2013
... argument that industry funds will not have the resources to compete with bank-owned retail funds was "naA-ve". He said that big industry funds spend a lot on advertising, and cited the recent launch of The New Daily as evidence that they have equally ...

Market Wrap

AAP  |  FRIDAY, 29 NOV 2013
... things - other than selected situations - but nor do they feel like getting out." Financial stocks were weaker led by the big banks. Commonwealth Bank had fallen 45 cents to $77.57, Westpac had dropped 17 cents to $32.83, National Australia Bank shed ...

Performance, fees still major retention risk

ALEX DUNNIN  |  FRIDAY, 29 NOV 2013
Dissatisfaction with performance and fees is still the biggest risk to member retention for retail funds while for industry funds changing employers is the biggest risk to retention, reveals the latest Roy Morgan Research's superannuation and wealth ...

Governor Carney is no monkey

BENJAMIN ONG  |  FRIDAY, 29 NOV 2013

AustSuper denies member exploitation of group insurance

JAMES FERNYHOUGH  |  WEDNESDAY, 27 NOV 2013
AustralianSuper chief executive Ian Silk has denied that 'automatic acceptance' to the fund's group life insurance offering is being exploited. AustralianSuper's insurer, TAL, recently announced that its profits were down by almost 60% from the same ...

Market Wrap

AAP  |  WEDNESDAY, 27 NOV 2013
Australian stocks have opened virtually flat amid weakness in resources stocks and moderate gains for the big four banks. Morgans senior private client advisor Bill Chatterton said the market had started Wednesday with a slightly negative tone following ...

Market Wrap AM

AAP  |  WEDNESDAY, 27 NOV 2013
... meetings scheduled. In Australia, the market on Tuesday closed higher for the third straight day, driven by gains among the big banks. The benchmark S&P/ASX200 index was up 4.5 points, or 0.08 per cent, higher at 5,350.6. The broader All Ordinaries index ...