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ISA proposes new restrictions on retail super

JAMES FERNYHOUGH  |  THURSDAY, 16 OCT 2014
Retail funds should be banned from providing default super to employers who bank with them, according to Industry Super Australia (ISA) chief executive David Whiteley. He also argued they should also be banned from paying shareholder dividends until ...

Smileys Scholarship applications close tomorrow

STAFF REPORTER  |  THURSDAY, 16 OCT 2014
... 2014 Financial Standard Social Media Influence, Leadership + Excellence Scholarship 2014 application (or "the Smileys") close tomorrow, October 17. The scholarship is designed to support financial advisers in Australia who are lifting the standards in ...

Volatile like its 2011

BENJAMIN ONG  |  THURSDAY, 16 OCT 2014
Talk about being careful... for they might come true. 'Twas not so long ago that Janet Yellen, the Federal Reserve Bank of San Francisco (FRBSF) and the IMF worried about complacency in the financial markets as indicated by low, down on the ground ...

Market Wrap AM

AAP  |  THURSDAY, 16 OCT 2014
... Wednesday closed higher on expectations Beijing will roll out more economic stimulus measures after Chinese inflation fell close to a five-year low. The benchmark S&P/ASX200 index was up 38.2 points, or 0.73 per cent, to 5,245.6 points. The broader All ...

Market wrap

AAP  |  WEDNESDAY, 15 OCT 2014
The Australian share market is higher at noon as bargain hunters step in amid stronger iron ore prices and a solid production report from Rio Tinto. CMC Markets analyst Ric Spooner said the Australian market was performing well, considering the lacklustre ...

The good oil

BENJAMIN ONG  |  WEDNESDAY, 15 OCT 2014
... "U.S. Stock Rebound Fades as Energy Shares Drop With Oil". The fade whittled the S&P 500's gains down to a mere 0.2% at the close and the Dow to small negative. Oil prices are dropping and are expected to keep on going down, down should the International ...

Labor considers ban on insurance commissions

LAURA MILLAN  |  TUESDAY, 14 OCT 2014
The Labor Party will consider introducing a ban on life insurance adviser commissions into its policy platform in response to last week's damning report on life risk advice from the Australian Securities and Investments Commission (ASIC). Speaking at ...

Janus plays first hand in ETF game

MARK SMITH  |  TUESDAY, 14 OCT 2014
... which focus on managing risk. The deal includes an initial upfront cash consideration of $30 million and is expected to close in the fourth quarter of 2014, subject to regulatory approval. "This acquisition positions Janus within the rapidly growing ...

Kate McCallum wins AFA Female Excellence in Advice Award

LAURA MILLAN  |  TUESDAY, 14 OCT 2014
... partnership with TAL, seeks to focus attention on financial advice as an excellent career pathway for women as well as to close the advice gap that exists between the willingness of Australian women to seek financial advice compared to that of men. "I've ...

Un-taper re-reflate

BENJAMIN ONG  |  TUESDAY, 14 OCT 2014
... the US economy... Fostering healthy growth and job creation is a shared responsibility of all economic policymakers, in close cooperation with the private sector."