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Rubik partners with Stargate on integration interface

JAMES FERNYHOUGH  |  FRIDAY, 14 FEB 2014
Rubik Financial Limited has launched an interface integrating its wealth planning software COIN with Stargate Technologies'A loan management tool, SymmetryCRM. Rubik said this would allow financial planners using COIN and brokers using Symmetry to push ...

Market Wrap

AAP  |  FRIDAY, 14 FEB 2014
The Australian share market has opened half a per cent higher after Wall Street shrugged off disappointing retail sales figures. US stocks ended higher despite data showing the country's retail sales unexpectedly fell 0.4 per cent in January, the second ...

Blame it on the boogie

BENJAMIN ONG  |  FRIDAY, 14 FEB 2014
It's the weather, stupid! This was how Wall Street interpreted last disappointing data on retail spending and weekly jobless claims. 'Twas a convenient excuse (rationale?), particularly last night when a skyful of snow dropped on the East Coast about ...

Phones and tablets take over online broking

LAURA MILLAN  |  THURSDAY, 13 FEB 2014
... share investors holding an account with CommSec remained largely steady, as some clients shifted their trading, but did not close their account with CommSec. The Investment Trends report is a study on Australian online share investors' attitudes and ...

Confusing versus credible

BENJAMIN ONG  |  THURSDAY, 13 FEB 2014
So what happened? Why did the previous day's Yellen yay turned into a Yellen yawn last night? Profit-taking?A Perhaps. Then again, why oh why? Why wouldn't the denizens of Wall Street lighten up their risks portfolios just a day after assured you, I ...

Market Wrap AM

AAP  |  WEDNESDAY, 12 FEB 2014
... Federal Reserve's new head to discover her plans for its stimulus program. Sydney rose 0.62 per cent, or 32.4 points, to close at 5,254.5 and Seoul added 0.46 per cent, or 8.76 points, to 1,932.06. Hong Kong jumped 1.78 per cent, or 383.72 points, to ...

FSC slams 'closed shop' super awards rules

JAMES FERNYHOUGH  |  TUESDAY, 11 FEB 2014
The Financial Services Council (FSC) has urged the government to take superannuation out of modern awards, arguing that the Fair Work Commission (FWC) has no role in determining which funds can be default employer funds. Under the current system, super ...

Market Wrap AM

AAP  |  TUESDAY, 11 FEB 2014
The Australian market looks set to open slightly higher following a mixed performance on Wall Street ahead of new Federal Reserve head Janet Yellen's first testimony to Congress. At 0832 AEDT on Tuesday, the March share price index futures contract ...

SMSFs poised to boost infrastructure investing

LAURA MILLAN  |  MONDAY, 10 FEB 2014
... September 2013, according to the Australian Taxation Office (ATO). "We believe that this predisposition for SMSFs to hold close to one third of their assets, or a current aggregate of $172 billion, in low-risk assets means that SMSFs would have an appetite ...

AFA to lobby on FoFA through grassroots campaign

LAURA MILLAN  |  MONDAY, 10 FEB 2014
... during the GenXt National Roadshow on the amendments and the legislative framework. Submissions to the FoFA amendments will close on February 19th.