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| | | The largest pension fund in the US, CalPERS, will not pay the pensions of certain City of Bell staff following investigations into salary corruption among some of the city's top officials. The California Public Employees' Retirement System said it would ... |
| | | | Damned if they didn't, damned now that they did! Wall Street is behaving just like any four-year old these days. A four-year old who gets a present, he eagerly opens it, eyes beam, plays with it for about... maybe a week, then discards and wants something ... |
| | | | Insurance giant Suncorp has given further detail on its plans to simplify its operational structure, in a move that it hopes will boost transparency and keep it ahead of the regulatory curve. In a statement to the ASX, Suncorp said that by restructuring ... |
| | | | Financial planning network Infocus Money Management has acknowledged its top advisers at its annual conference and gala awards held 28 October. The awards, presented in front of delegates from Queensland, NSW, Victoria, South Australia and Western Australia ... |
| | | | The latest AMP Poll has highlighted the issue of division within the financial planning industry between risk management specialists and those who see it as an add-on. The poll reported that the majority of financial planners believe that the cost of ... |
| | | | While super funds focus their anger on investment management fees, they may be overlooking hidden transaction costs that can also detract significantly from returns, according to experts. The list of grievances super funds have on investment fees is ... |
| | | | Whoa boy! Hold your horses! QE2 expectations are going out of hand. It started with just over a couple of billions and then grew, and grew, and grew. Just two days ago, I wrote about St. Louis Federal Reserve Bank Director of Research Christopher Waller ... |
| | | | Freeze frame. Wall Street has frozen with excitement. Disappointing US third quarter earnings releases last night didn't matter -majority of companies still beat expectations anyway. Data on US house prices didn't matter - they don't know where they're ... |
| | | | Heard at the G-20 gabfest at Gyeongju: blah, blah, blah... and more blah, blah, blah. As it always is when top authorities of the top nations meet, there's going to be too much chatter and too little done. Financial markets were right to expect that ... |
| | | | Financial advisers will be unleashing their inner wordsmith at a conference that starts this weekend, with the chance to win an iPhone and the bragging rights of saying something profound (or witty) in less than 140 characters. This year, the Association ... |
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