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Market Wrap AM

AAP  |  MONDAY, 3 FEB 2014
The Australian market looks set to open lower following the lead of international markets on continued unease over emerging markets. At 0755 AEDT on Monday, the March share price index futures contract was down 23 points at 5,120. In economic news on ...

ASIC examines risks posed by complex products

MARK SMITH  |  FRIDAY, 31 JAN 2014
The Australian Securities and Investments Commission (ASIC) has released a new report examining the risks posed by complex products and how it will work to regulate them. 'Report 384 Regulating complex products' outlines sets out ASIC's recent and current ...

Retail funds close member satisfaction gap

JAMES FERNYHOUGH  |  FRIDAY, 31 JAN 2014
Industry super fund members are more satisfied with the financial performance of their funds than members of retail funds, but the gap is closing, according to a new survey released by Roy Morgan. The survey put industry funds in the top five places ...

FoFA reforms put professional standards at risk: Ripoll

LAURA MILLAN  |  THURSDAY, 30 JAN 2014
The federal opposition has concerns that the proposed changes to the Future of Financial Advice (FoFA) regime as outlined by the government yesterday may result in reduced consumer protection and a decline in professional standards. Speaking to Financial ...

Market Wrap AM

AAP  |  WEDNESDAY, 29 JAN 2014
The Australian market looks set to open flat despite a positive lead from Wall Street which withstood a poor durable goods report and a disappointing outlook from Apple that pushed the Nasdaq into the red. At 0820 AEDT on Wednesday, the March share ...

Market Wrap AM

AAP  |  TUESDAY, 28 JAN 2014
... emerging market strains, but avoided another sell-off. However, London's benchmark FTSE 100 index tumbled 1.7 per cent to close at 6,550.66 points, taking hits from sharp falls for the share prices of British energy company BG Group and mobile phone ...

Risk Premium inflows up 9.6% in 2013

MARK SMITH  |  FRIDAY, 24 JAN 2014
... saw the second highest inflows, up 19.5%, while TAL took third spot with inflows rising by 15.7%. TAL's performance saw it close the market share gap between it and top placed AMP Group. TAL's overall market share increased from 13.6% in 2012 to 14.4% ...

Market Wrap AM

AAP  |  FRIDAY, 24 JAN 2014
... ended mixed as a below-par corporate earnings season continued. Tokyo fell 0.79 per cent, or 125.07 points, on Thursday to close at 15,695.89, giving up earlier gains as the downbeat sentiment sent traders into the yen and away from the US dollar. Sydney ...

Wealth Enhancers appoints investment specialist

HARRY PAGE  |  THURSDAY, 23 JAN 2014
Wealth Enhancers have strengthened its leadership team with the appointment of former Business Spectator and Markets Spectator editor Kirstie Spicer. Prior to her work as an editor, she worked for Dixon Advisory as an investment advisor. Spicer said ...

Market Wrap AM

AAP  |  THURSDAY, 23 JAN 2014
... stock markets closed narrowly mixed, with London sliding after a bigger-than-expected drop in British unemployment takes it close to the central bank's threshold to begin raising interest rates. London's benchmark FTSE 100 ended down 0.12 per cent at ...