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BENJAMIN ONG  |  TUESDAY, 29 MAY 2012
Think somebody forgot to remind the Australian stock market that we're still in May. Sell, sell, sell in May remember? The All Ordinaries index jumped just a few points shy of a full percent yesterday despite a negative lead in the final day of trading ...

Coalition clears up FOFA questions

MELANIE TIMBRELL  |  MONDAY, 28 MAY 2012
With FOFA legislation due for debate in the Senate next month, the Opposition's spokesperson on Financial Services has provided details on what FOFA would look like under a coalition government. Speaking at an Association of Financial Advisers Budget ...

AIA innovates around adviser feedback

BEN COLLINS  |  MONDAY, 21 MAY 2012
Life insurance specialist AIA Australia has enhanced its Priority Protection product, expanding the product range to include a superannuation income protection option that will allow advisers to offer clients insurance within super. The new Super IP ...

Investors set to remain cautious: Franklin Templeton

BEN COLLINS  |  MONDAY, 21 MAY 2012
Global investment opportunities will be approached with caution over the next decade, according to a Franklin Templeton Global Investor Sentiment Survey. The 2012 Franklin Templeton Global Investor Sentiment Survey, which includes responses from 20,623 ...

VIX says nearly shopping time

BENJAMIN ONG  |  MONDAY, 21 MAY 2012
Armageddon. Catastrophe. Lehman Bros moment. GFC mark II. Game over. Funny but... haven't I heard all this before? Let me think. Yeah right. That's it. "Twas about four years ago when Lehman bit the dust. Remember how you - and your neighbours -- felt ...

AIST warns MySuper deadline tight

BEN COLLINS  |  FRIDAY, 18 MAY 2012
The Australian Institute of Superannuation Trustees MySuper third tranche submission has warned that the July1 2013 deadline for the disclosure of MySuper comparisons on a product dashboard is very tight, urging the Government to move quickly to provide ...

FOFA misses the mark on investment fraud

RACHEL DAVIS  |  FRIDAY, 18 MAY 2012
A finance industry lawyer has warned that the FOFA regulations will not prevent Trio, Storm and Westpoint-type disasters from occuring in the future. "There has been no real change to rules making early detection and pre-emptive enforcement easier against ...

Deposits the battleground for margins

LINDA HAUSKEN  |  THURSDAY, 17 MAY 2012
Bank deposits are on the rise as challenging global economic conditions increase competition for more diversified and cheaper funding options. Ernst & Young analysed the 2012 half-year results of Australia's largest banks and found that deposits are ...

Retail funds in ACTU's sights

MELANIE TIMBRELL  |  WEDNESDAY, 16 MAY 2012
Superannuation funds would be forced to reveal related party fee details if a union push on disclosure succeeds, in a move likely to hit bank-aligned retail funds. The policy on retirement income and superannuation, due to be signed off at the ACTU ...

ASIC moves on insider trading

MELANIE TIMBRELL  |  WEDNESDAY, 16 MAY 2012
Insider trading and market manipulation charges are on the rise, according to ASIC, which gets 200 trade surveillance alerts indicating unusual trading activity each day. Deputy chairman of the Australian Securities and Investments Commission, Belinda ...