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Sinodinos hints at relaxing conflicted remuneration rules

MARK SMITH  |  THURSDAY, 14 NOV 2013
Assistant Treasurer Arthur Sinodinos has suggested that some forms of remuneration currently regarded as conflicted may be allowed under the government's amendments to the Future of Financial Advice (FoFA) reforms. In a pre-recorded interview with Association ...

Market Wrap AM

AAP  |  THURSDAY, 14 NOV 2013
... 14,567.16 after running up healthy gains in the previous two sessions, while Sydney fell 1.37 per cent, or 73.9 points, to close at 5,319.2. Seoul dropped 1.60 per cent, or 31.92 points, to 1,963.56. Shanghai gave up 1.83 per cent, or 38.83 points, to ...

Feds speak Fedspeak yet again

BENJAMIN ONG  |  WEDNESDAY, 13 NOV 2013

Market Wrap AM

AAP  |  WEDNESDAY, 13 NOV 2013
... cent, to 5,393.1. The broader All Ordinaries index added six points, or 0.11 per cent, to 5,386.8. NEW YORK - US stocks have close mostly lower amid renewed speculation about the Federal Reserve's intentions to reduce its massive monetary stimulus. The ...

Industry leaders urge Abbott to keep super rebate

MARK SMITH  |  TUESDAY, 12 NOV 2013
... should be prioritised, as it benefits a third of the Australian workforce and is a crucial policy initiative in working to close the gap in retirement savings between men and women

Sunsuper names new CEO

JAMES FERNYHOUGH  |  TUESDAY, 12 NOV 2013
Sunsuper has named former National Australia Bank (NAB) executive Scott Hartley as its new chief executive. Hartley takes over the top job at the $25 billion industry fund from previous chief executive Tony Lally. Hartley's most recent role was as executive ...

Market Wrap AM

AAP  |  TUESDAY, 12 NOV 2013
... China, and take their cue from more record gains on Wall Street. London's benchmark FTSE 100 index climbed 0.30 per cent to close at 6,728.38 points on Monday, Frankfurt's DAX 30 added 0.33 per cent to 9,107.86 points, and the CAC 40 in Paris rose 0.70 ...

Electronic reports signify Stronger Super milestone

MARK SMITH  |  MONDAY, 11 NOV 2013
Forty seven superannuation funds representing over 4 million members have for the first time lodged electronic reports to the Australian Prudential Regulation Authority (APRA) as part of the new standards outlined in the Stronger Super reforms, marking ...

Market Wrap AM

AAP  |  MONDAY, 11 NOV 2013
... Jones Industrial Average surged 167.80 points (1.08 per cent) to 15,761.78 on Friday, topping the blue-chip index's record close two days ago. The broad-based S&P 500 Index advanced 23.46 (1.34 per cent) to 1,770.61, while the tech-rich Nasdaq Composite ...

Market Wrap AM

AAP  |  FRIDAY, 8 NOV 2013
... biggest economy grew a stronger-than-expected 2.8 per cent in the third quarter while weekly jobless claims fell slightly. At close, London's benchmark FTSE 100 index fell 0.66 per cent to 6,697.22 points, while the CAC 40 in Paris fell 0.14 per cent ...