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| | | AMP has announced that director and AMP Bank chair Paul Fegan will retire from his positions. In his stead, Wesfarmers non-executive director Vanessa Wallace will join the AMP board on March 1, 2016. Wallace has also held positions at Booz & Company ... |
| | | | ... Ordinaries index - up 1.8%. As the Sydney Morning Herald (SMH) puts it, "Australian shares rallied strongly despite falls on Wall Street, fresh lows in iron ore, disappointing Chinese economic data and the Reserve Bank keeping rates on hold" to which ... |
| | | | ... past. "We have to lift the fear and smother the greed. White-collar criminals are scared of going to jail. I had 10 years on Wall Street and going to jail is the thing that scares them most. When they come up to the 18th floor and they put people in ... |
| | | | ... the global pension summit and said the Australian pension system would be in the top three for the "Mirror Mirror on the Wall Award" but self-beauty would be of benefit in the longer-term. He said Australia has some of the best pension ideas in the world ... |
| | | | Financial planners need to see robo-advice as a friendly, helpful tool, such as Pixar's WALL-E, rather than as the destructive machine pictured in Terminator. The rise of technological tools that automate some parts of financial advice was one of the ... |
| | | | 'Twas the month before lift-off, when all through Wall Street not a creature was stirring, they do not weep." My apologies to Clement Clarke Moore for butchering his immortal poem but I find his words fitting - with a few adjustments - during this time ... |
| | | | ... didn't. Will this time be different? The VIX index says yes it will. It dropped by 10.6% to a reading of 16.85 overnight. Wall Street says yes it will. The S&P 500 index rallied 1.6% overnight and yield on 10-year US Treasuries increased only slightly ... |
| | | | Properly calibrating the superannuation system is the most important policy change from the Murray review of the financial system. Super could be sharper, leaner and easier to understand. That's why the Murray proposals to define the objective of superannuation ... |
| | | | ... carried away with "All 4 One's" tune. What I meant to type is, I swear this has happened once before. You know, the time when Wall Street "rejoiced" at the more likely than not prospect of a lift-off... and soon. Yes Virginia, there were no surprises ... |
| | | | ... investments, for the scale of investment seeking exposure to Australian assets," Lyon said. "Finance is not the problem. There is a wall of money wanting to invest in Australia, we just need to get the structures right." |
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