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Young shy away from joining advice industry

LAURA MILLAN  |  MONDAY, 28 OCT 2013
... major regulatory change in the last months, coming up with new strategies to attract young people will be the industry's next challenge, AFA head of Campus Nick Hakes said. The AFA has recently appointed Kaplan as an education partner to provide post ...

Taper trap

BENJAMIN ONG  |  MONDAY, 28 OCT 2013
... in September last year. And so on and on and on we go... Perhaps the Fed will bite the bullet and start tapering in March next year (give or take) as expected. However, this doesn't preclude it from unwinding its QE unwinding should the recovery lose ...

Market Wrap AM

AAP  |  MONDAY, 28 OCT 2013
... new record on strong corporate earnings and expectations of continued loose monetary policy when the Federal Reserve meets next week. The Dow Jones Industrial Average rose 61.07 (0.39 per cent) on Friday to 15,570.28. The broad-based S&P 500 increased ...

Market Wrap

AAP  |  FRIDAY, 25 OCT 2013
... market is still quite buoyant," he said. Mr Esho said gold miners were likely to be among the strongest performers over the next week, thanks to a rising gold price. "The gold price continues to march higher and I think the Aussie gold producers are ...

Congress dysfunction hits US bond confidence

ALEX DUNNIN  |  THURSDAY, 24 OCT 2013
... meanwhile rose albeit from a low base as Jakarta's reformist governor Joko Widodo jumped to the lead in opinion polls ahead of next year's presidential election. Governor Widodo is known as a moderate pro business progressive who is an engineer by training ...

Victim of success

BENJAMIN ONG  |  THURSDAY, 24 OCT 2013
... forecasts for the nation in the October update of its World Economic Outlook Report to 1.4% in 2013 (up 0.5% from July) and 1.9% next year (up 0.4%). A victim of its own success. The bad news is that these positive developments are beginning to spark ...

Higher inflation triggered by central bank decisions

MARK SMITH  |  WEDNESDAY, 23 OCT 2013
... which manages two funds pegged to the consumer price index, expects significant growth in these types of products in the next 18 months.

Advisers, get ready to manage the baby boomer wave

LAURA MILLAN  |  WEDNESDAY, 23 OCT 2013
Advisers' next great challenge will be managing the volume and the expectations of baby boomers coming into retirement, KPMG partner and demographer Bernard Salt said. Speaking at the Financial Planning Association (FPA) Conference, Salt said that the ...

Market Wrap

AAP  |  WEDNESDAY, 23 OCT 2013
... analysts to conclude that the Federal Reserve would delay easing its $US85 billion-a-month bond buying program until early next year. IG market strategist Stan Shamu said the Australian market was responding to the jobs data. "We're really now at that ...

Brumby lauds Cbus board pay disclosure

JAMES FERNYHOUGH  |  WEDNESDAY, 23 OCT 2013
... precedent for the future. The former Labor politician, who is now chair of MTAA Super, said MTAA will follow Cbus' lead in their next annual report. "Like it, not like it, comfortable, not comfortable, this is where it's going to go. I think the benchmark ...