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SG frozen till 2021, industry 'dismayed'

JAMES FERNYHOUGH  |  TUESDAY, 2 SEP 2014
... Treasurer Joe Hockey and Finance Minister Mathias Cormann said the measure would save the budget around $50 billion over the next decade. Hockey described it as "a damn good deal for the Australian people." While the SG will be frozen for seven years ...

Financial Standard launches magazine for managed accounts professionals

STAFF WRITER  |  MONDAY, 1 SEP 2014
With adviser demand for managed accounts predicted to rise in the next three years, Financial Standard has launched a new magazine: FS Managed Accounts - The Journal for Managed Account Professionals. The magazine was unveiled at Financial Standard's ...

The certainty in a sea of uncertainties

BENJAMIN ONG  |  MONDAY, 1 SEP 2014

AFA Adviser of Year and Practice of Year semi-finalists announced

STAFF WRITER  |  FRIDAY, 29 AUG 2014
... Capital, Rising Tide Financial Services, Robina Financial Solutions and Tribeca Financial. The Semi-Finalists now proceed to the next stage of assessment, with three finalists in each award to be announced in mid-September.

Market wrap

AAP  |  THURSDAY, 28 AUG 2014
... headwinds. Worries about Europe's poorly performing economies and whether or not central bank stimulus will be announced next week is weighing on traders, along with falling commodity prices. Asian markets were falling as people remembered how ineffective ...

Hold fire: Emerging market debt set for correction

MARK SMITH  |  THURSDAY, 28 AUG 2014
... valuations tightened up, particularly in the second quarter of 2013, we have reduced our risk and anticipating a correction of the next few months," he said. The success of emerging markets is partly attributable to a combination of cheap money and quantitative ...

Market Wrap

AAP  |  WEDNESDAY, 27 AUG 2014
... high while the Dow Jones Index was just short of its closing record high. In Europe, markets firmed as they position for the next European Central Bank (ECB) announcement on economic stimulus. IG Markets strategist Stan Shamu said strong US economic ...

Heads up to where Wall Street's heading

BENJAMIN ONG  |  TUESDAY, 26 AUG 2014
... then."" ""I don't make a living forecasting market levels, but I would guess we have another 10 to 15 percent upside over the next 12 months before the going becomes more difficult," Brian Barish, who helps oversee about $11.5 billion as president of ...

Voya appoints head of emerging market debt

MARK SMITH  |  MONDAY, 25 AUG 2014
... fixed income team. Investors are thinking about the best ways to be positioned in the market, especially in light of the next moves by central banks around the world. Voya IM's active decision-making process is focused on seeking out the best investments ...

Mortgage Choice booms, invests in planners

AAP AND ALICE URIBE  |  FRIDAY, 22 AUG 2014
... Choice Financial Planning business. "The financial planning business is expected to turn a profit on a monthly basis from next financial year and we are well on track to reach our goal of 60 advisers on the ground by 30 June 2015, with 33 already in ...