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Life insurance faces worst conditions in decades

LAURA MILLAN  |  TUESDAY, 5 NOV 2013
... levels as traditional banking, and indeed the banks' patience in relation to wealth and insurance may well be tested over the next few years," EY's Oceania Banking and Capital Markets Leader Paul Siviour said. EY also forecasted that "the industry will ...

Super funds 'fair game' for activist scrutiny

JAMES FERNYHOUGH  |  TUESDAY, 5 NOV 2013
... requirements, according to Peter Lewis, director of Essential Media Communications (EMC). Under current plans, within the next year funds will by law have to publicly disclose every single company in which they are invested, in look throughs that go ...

Advisers coming round to social media

JAMES FERNYHOUGH  |  TUESDAY, 5 NOV 2013
... media were, unsurprisingly, younger advisers who had been in the industry for five to 10 years. "This demonstrates that the next generation of advisers are helping shape the future of the industry through their enthusiasm and understanding of social ...

Market Wrap AM

LAURA MILLAN  |  TUESDAY, 5 NOV 2013
... after suffering selling pressure last week on expectations the European Central Bank (ECB) will cut interest rates at its next meeting on Thursday. Sydney slipped 0.38 per cent, or 20.6 points, to close at 5,390.5 and Seoul fell 0.70 per cent, or 14.25 ...

FPA to hold 2014 Congress in Adelaide

LAURA MILLAN  |  MONDAY, 4 NOV 2013
The Financial Planning Association (FPA) will hold its next annual conference on November 20 to 21, 2014, in Adelaide. The organisation said this year's conference gathered over 1,000 financial planners in Sydney. The most popular sessions were personal ...

NZICA and ICAA members approve merger plans

MARK SMITH  |  MONDAY, 4 NOV 2013

Super funds shun Aussie managers

MARK SMITH  |  MONDAY, 4 NOV 2013
... approach. What's also noticeable about the data is that the most popular fund managers vary greatly from one year to the next. In fact US fund manager Sanders Capital is the only name to feature in the top 10 in each of the last three years. "From time ...

Market Wrap AM

AAP  |  MONDAY, 4 NOV 2013
... running against the US dollar on talk of a possible cut to eurozone interest rates when the European Central Bank (ECB) meets next week - and in the wake of falling inflation across the single-currency area, analysts said. London's benchmark FTSE 100 ...

Market Wrap

AAP  |  FRIDAY, 1 NOV 2013
... program. RBS Morgans Brisbane private client adviser Alistair McCorquodale said people were waiting to see what the Fed did next. "Base metals prices were also off, particularly copper which is the biggest driver, so the miners were off in London," he ...

NAB workers demand profit share after 1172 job cuts

JAMES FERNYHOUGH  |  FRIDAY, 1 NOV 2013
... FSU national secretary Leon Carter said. A spokesperson for NAB responded: "NAB has recently commenced discussions on our next Enterprise Agreement - and has offered a competitive pay rate within the financial services market. We are offering all Group ...