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| | | Research house van Eyk has refused to rate several funds on the grounds that they do not contain enough active risk. In the Australian Equities Review 2013, van Eyk assessed 69 funds, granting 19 A ratings, 18 BB ratings and three B ratings. Just five ... |
| | | | The Zurich Investments Global Growth Fund is now available on all the major platforms after receiving approval from Australia's largest dealer groups. Zurich head of strategic accounts and research Tim Meggitt said support from NAB/MLC, ANZ/OnePath ... |
| | | | ... trade data and a strong profit result from Telstra. All sectors of the market finished strongly, with the big miners and major banks leading the way. The benchmark S&P/ASX200 index GAINED 53.5 points, or 1.07 per cent, to 5,064.8 points, while the broader ... |
| | | | ... the resources sector, Rio Tinto was 44 cents higher at $59.04, and BHP Billiton was 23 cents richer at $35.13. Among the major banks, ANZ found 11 cents at $29.21, Commonwealth Bank added 15 cents to $72.23, National Australia Bank lifted one cent to ... |
| | | | ... advice system via a free online trial. Prior to this the financial advice technology firm's advice tools had been used by major superannuation funds, but the company has now packaged the software into an IFA-friendly format. Cameron O'Sullivan, chief ... |
| | | | ... higher, while in Madrid, the exchange ended up 0.52 per cent. The Bank of England was also in the news after it announced a major policy shift, now targeting both unemployment and inflation. The new BoE head, Mark Carney, said the main interest rate ... |
| | | | ... fund choices and regulatory affects there is finally product and price competition in superannuation," they noted. Another major finding in the report is that over a member's lifetime more than half their total fees will be paid post-retirement. Rainmaker ... |
| | | | ... funds with MySuper licenses but only three retail groups being authorised is beginning to raise questions whether other major retail groups such as AMP, OnePath, MLC, Mercer and Russell will be ready in time to continue operating in the default superannuation ... |
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