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Market Wrap

AAP  |  THURSDAY, 10 MAY 2012
... while Germany attracted safe haven flows, driving its borrowing rate to record lows. London's benchmark FTSE 100 index of top companies lost 0.44 per cent to end the day at 5,530.05 points. In Frankfurt, the DAX 30 dropped 0.47 per cent to 6475.31 points ...

SMSFs face fire-sales of illiquid assets

BEN COLLINS  |  TUESDAY, 8 MAY 2012
In the rush to purchase property assets, SMSF trustees may not be considering how these 'lumpy' holdings will be sold after their death, according to an SMSF advice and training provider. The consequences of this oversight could be the fire-sale of ...

Cbus board moves for greater disclosure

MELANIE TIMBRELL  |  FRIDAY, 4 MAY 2012
... disclosure of director attendance at Board meetings and committee meetings and a bolstered investment listing, including the top 20 Australian share holdings, top 20 international share holdings and information on currency strategy across all investment ...

China's consumption underestimated

BEN COLLINS  |  FRIDAY, 4 MAY 2012
... said Tan, investment manager for Treasury Asia Asset Management. "It's actually fairly easy [to gauge], you just take the top 500 S&P companies and ask them how much of their sales come from China, then you multiply that by their market share and you ...

Insurance bonds back in favour

LINDA HAUSKEN  |  FRIDAY, 4 MAY 2012
... the fourth installment of Financial Standard's Technical Services Forum in Sydney yesterday. With insights from some of the top technical minds working in the industry, the Forum looked at some of the benefits of insurance bonds, including estate planning ...

Market Wrap

AAP  |  FRIDAY, 4 MAY 2012
... but gave no indication of when or if it may give the eurozone economy a further boost. London's benchmark FTSE 100 index of top companies edged up 0.15 per cent to close up 5,766.55 points on Thursday, while in Paris the CAC 40 slipped 0.09 per cent ...

Market Wrap - Morning

AAP  |  THURSDAY, 3 MAY 2012
... with the Nasdaq index ending in the black while the Dow closed with a minimal loss. The Dow Jones Industrial Average of 30 top blue chips ended down 10.75 points, or 0.08 per cent, at 13,268.57. The Standard & Poor's 500-stock index fell 3.51 (0.25 per ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 2 MAY 2012
The Australian dollar has risen slightly after weakness following the Reserve Bank of Australia's official interest rate cut. The Australian market looks set to open higher, following the lead of Wall Street which rose on the back of better-than-expected ...

AFA launches revamped website

BEN COLLINS  |  TUESDAY, 1 MAY 2012
The Association of Financial Advisers has launched a revamped website to better connect members, following development of its multi-platform social media presence. "We've completely rebuilt the website from the ground-up, with the intention of providing ...

FOFA will not be delayed: Minter Ellison

BEN COLLINS  |  TUESDAY, 1 MAY 2012
... also suggested that a fee-for-service model poses the risk of producing tired advice for customers who don't fall into the top-end bracket. "Advice, whether it's over the internet or over the phone, is about not asking too many questions. As soon as ...