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| | | The current Financial Ombudsman Services (FOS) model is in need of major changes in order to meet industry and consumer expectations, an independent review found. The review conducted by Cameron Ralph Navigator (CRN) is the first independent review ... |
| | | | ... "There is rising interest from financial advisers as they realise how ETFs can be used to help their clients gain access to major asset classes," Lonsec investment adviser Geoff Beeston said. "Typical ETF investors hold financial products for over 18 ... |
| | | | ... gained a quarter of a cent to 92.25 cents. Most other sectors of the market were lower, including the financials. Among the major banks, Westpac had lost 42 cents to $33.87, Commonwealth Bank was down 36 cents at $75.89, ANZ had dropped 26 cents to $32.08 ... |
| | | | ... investment at Hinsdale Associates, said investors saw little reason to make big bets either way given Tuesday's dearth of major economic news. Peter Cardillo, chief market economist at Rockwell Global Capital, said the market drifted lower in the absence ... |
| | | | ... cents lower at $36.76, Rio Tinto had sagged $2.29 to $62.65, and Fortescue Metals was off 27.5 cents at $5.155. Among the major banks, National Australia Bank had lifted two cents to $34.76, ANZ had edged up one cent to $32.59, Westpac had firmed two ... |
| | | | Media Super has become the latest industry superannuation fund to announce it will introduce a member direct investment (MDI) option. Media Super chief executive Graeme Russell said the decision to introduce an MDI was made at the board meeting in December ... |
| | | | ... than the previously reported 0.3 per cent. Russian gas giant Gazprom's threat to cut off supplies to Ukraine, which is the major transit country for the rest of Europe, also put the chill on stocks. In local economic news on Tuesday, the Australian Bureau ... |
| | | | ... shareholder Hochtief made a $1.15 billion conditional bid to increase its stake in the Australian construction group. Among the major banks, National Australia Bank had dropped 16 cents to $34.58, ANZ had lost 22.5 cents to $32.355, Westpac had shed ... |
| | | | ... cents lower at $36.76, Rio Tinto had sagged $2.29 to $62.65, and Fortescue Metals was off 27.5 cents at $5.155. Among the major banks, National Australia Bank had lifted two cents to $34.76, ANZ had edged up one cent to $32.59, Westpac had firmed two ... |
| | | | The Asia Funds Passport will never get off the ground because the majority of fund managers in the region are already aligning their products with European UCITS standards, according to EY Asia-Pacific and EMEIA asset management leader Roy Stockell. ... |
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