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STAFF WRITER  |  MONDAY, 26 AUG 2013
In the latest edition of Financial Standard we look at how the spike in lapse rates and an increasing number of people claiming total and permanent disability (TPD) may lead to an overhaul of products and a surge in premiums. We also take a closer look ...

IOOF remains confident after reporting growth

LAURA MILLAN  |  FRIDAY, 23 AUG 2013
IOOF has reported a $108.8 million underlying net profit after tax (NPAT) for financial year 2013 and remains confident that the business will keep growing despite regulatory changes and business uncertainty. The underlying NPAT grew 13% in financial ...

Demographic megatrends drive earnings well into the future

MARK SMITH  |  FRIDAY, 23 AUG 2013
A focus on demographic megatrends makes it possible to make earnings forecasts beyond investment analysts' typical three-year horizon, creating opportunities to take advantage of mispriced stocks, according to Fidelity portfolio managers Hilary Natoff ...

Market Wrap AM

AAP  |  FRIDAY, 23 AUG 2013
The Australian market looks set to open higher following gains on Wall Street despite a three-hour shutdown of the Nasdaq market that disrupted trade on other exchanges as well. US markets' rise followed news that eurozone business activity picked up ...

Investor confidence drives advice growth

LAURA MILLAN  |  WEDNESDAY, 21 AUG 2013
The recovery of investor confidence after the global financial crisis is benefiting the financial planning space, which has seen a surge of clients looking for advice. An Investor Trends Planner Business Model Report for May 2013 found that new client ...

Strong credit-based strategies contenders in 2013 Hedge Fund Award nominations

ALICE URIBE  |  MONDAY, 19 AUG 2013
The nominees for the 2013 Australian Hedge Fund Awards have been revealed with last year's winner BlackRock being nominated again for the Fund of the Year along with Laminar and Whitehaven. BlackRock has been nominated for the Multi Opportunity Fund ...

SMSF contributions down 25%, AMP survey finds

JAMES FERNYHOUGH  |  MONDAY, 19 AUG 2013
Self-managed superannuation fund (SMSF) contributions fell by $12,300 the 2012-13 financial year, according to the Multiport SMSF Investment Patterns Survey June 2013. Multiport, an SMSF administrator and subsidiary of AMP, surveyed 1,950 of its client ...

BOQ to fork out $46 million over interest rate botch

JAMES FERNYHOUGH  |  THURSDAY, 15 AUG 2013
Bank of Queensland (BOQ) will refund $34.5 million to members after an internal review found it had applied incorrect interest rates and fees. BOQ said it will also incur additional remediation costs of $11.5 million, bringing the total loss to about ...

Study shows dark pools benefit markets at low volumes

MARK SMITH  |  WEDNESDAY, 14 AUG 2013
Low levels of trading in dark pools actually improve market quality, according to a new study by Capital Markets Cooperative Research Centre (CMCRC). The independent academic centre for capital market research's findings follow concerns from some traders ...

Twitter usage on the rise

ALEX DUNNIN  |  WEDNESDAY, 14 AUG 2013
Social media is now used by 72% of online adults in the US and Twitter usage has almost doubled, with usage among young people growing the fastest. The results are part of the latest research to come out of US Pew Research Center's Internet and American ...