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| | | Uh-oh, we're in trouble now - really big trouble -- or so they say. No use pretending not to know what I'm talking about, it's splattered all over the weekend news. S&P has dropped one A from the USA's AAA. I must admit, I too didn't know what to think ... |
| | | | The impending loss of trailing commissions for managed funds has made listed investment companies more attractive by leveling the playing field, an industry insider said yesterday. John Robinson, chairman of Global Mining Investments (GMI), a listed ... |
| | | | Integra Financial Services has changed licensees, swapping AMP/AXA for MLC, citing a better business model as the driving force behind their decision. Integra has joined MLC owned dealer group, Garvan Financial Planning after 14 years with dealer group ... |
| | | | The government looks set to revoke plans to altogether ban commissions on risk insurance within superannuation as it prepares to submit draft legislations on the future of financial advice in September. Speaking at the Financial Services Council conference ... |
| | | | The reorganised BT Financial Group will go head to head with the newly merged AMP/AXA and focus on its insurance and super products, developing a new platform and adding planners to its advice business. Brad Cooper, chief executive, BT Financial Group ... |
| | | | Michael Bargholz, chief executive of AllianceBernstein Australia, announced his resignation from the firm, also stepping down from his role as director at the Financial Services Council. Bargholz has been with AllianceBernstein Australia (ABAL) for ... |
| | | | Fee structures for financial advisers was a hot topic at a national roadshow in Sydney yesterday with revelations that asset-based fees could not be charged on geared clients. Stewart Bell, executive consultant from Elixir Consulting, gave a detailed ... |
| | | | Super Choice legislation enabling consumers to choose their superannuation fund has made little impact on the way Australians choose superannuation, a report has found. The Roy Morgan Superannuation and Wealth Management in Australia report for July ... |
| | | | What's the final deal going to be? Will they, won't they? Sorry Virginia, not talking about the grand theatrics that is the US debt ceiling negotiations this time. Today, I refer these questions to our very own Reserve Bank of the Advance Australia ... |
| | | | The Australian stock market was lower at noon, extending losses from the morning as investors fretted over worries a potential US default. At 1206 AEST, the benchmark S&P/ASX200 index was down 41.7 points, or 0.91 per cent, at 4,561.2 points, while ... |
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