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| | | Bendigo Wealth has restructured to prepare for the future of financial advice reforms with a raft of new appointments and new products on the way. The wealth management arm of the Bendigo and Adelaide Bank, officially launched in April, has taken a ... |
| | | | Chris Selby will become Deutsche Bank's new head of private wealth management in Australia, joining from Bank of America Merrill Lynch, whose own wealth management interests were transferred to Evans and Partners last year. Selby joins Deutsche Bank ... |
| | | | AMP Capital has diversified its $5 billion Enhanced Index International Shares Fund by re-allocating $2.8 billion to two new managers. The entire $5 billion had previously been managed by Henderson Global Investors. AQR Capital Management has been apportioned ... |
| | | | The Australian stock market has received a positive lead from offshore trading, after Wall Street closed higher and commodities prices settled firmer. At 0807 AEST, the September share price index futures contract was up 34 points at 4,543 points, on ... |
| | | | Politicians are exchanging words over the move to raise superannuation guarantee (SG) from 9 to 12 per cent with assistant treasurer Bill Shorten calling the Coalition's attitude towards superannuation "belligerent". Speaking at a union's investment ... |
| | | | In case you missed it, former US Federal Reserve Alan 'el maestro' Greenspan has just declared Greece dead - well, almost. No way out. In an interview with Bloomberg TV, Greenspan declared that the "chances of Greece not defaulting are very ... |
| | | | MLC said that it hopes to add "many more" financial advisers to its ranks after Haywood Financial Management & Partners agreed to join one of its dealer groups after quitting AXA. Melbourne-based Haywood Financial, which is run by director Scott Hayward ... |
| | | | In its future of financial advice (FOFA) submission, investment research house, van Eyk has called for the disclosure of the pay for ratings research model, not currently integrated into the proposed reforms. "As part of the arrangement where a client ... |
| | | | Investment bank, Credit Suisse, has announced two major appointments this week, its new global head of commodities and head of global emerging markets for its financial institutions group (FIG). Paul Hawkins will join Credit Suisse as managing director ... |
| | | | The Government will refund the 15 per cent superannuation contribution tax from 1 July 2012 for 3.5 million Australians who earn less than $37,000, assistant treasurer and minister for financial services and superannuation, Bill Shorten, announced today. ... |
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