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The Australian market looks set to open lower following falls on Wall Street overnight amid warnings of weaker company profits. At 0756 AEST on Wednesday, the September share price index futures contract was down 19 points at 5,041. In economic news ...

Let 'em rip

BENJAMIN ONG | TUESDAY, 6 AUG 2013

Industry asks for stronger consultation after elections

LAURA MILLAN | MONDAY, 5 AUG 2013

The financial services industry welcomed September 7 as the date for the federal elections, and has asked for stronger and more transparent consultation process once the result no matter what the result is. The Institute of Chartered Accountants Australia ...

Election too close to call

MARK SMITH | MONDAY, 5 AUG 2013

With Treasurer Chris Bowen's campaign influencing declaration that a re-elected Labor government wouldn't make any significant changes to policy affecting the nation's superannuation savings still being digested by conference delegates, the Financial ...

Perpetual not concerned about ACCC initial report

LAURA MILLAN | FRIDAY, 2 AUG 2013

Perpetual is not concerned about the Australian Competition and Consumer Commission (ACCC) preliminary views, which suggested that Perpetual's takeover bid for The Trust Company could harm market competition. "This is a natural step of the process," ...

Market Wrap AM

AAP | FRIDAY, 2 AUG 2013

The Australian market looks set to open substantially higher after sharp rallies on Wall Street following strong economic data from China, Europe and the US. A battery of better-than-expected headlines included data showing strong manufacturing activity ...

Advice firms start to launch in post-FoFA regime

LAURA MILLAN | THURSDAY, 1 AUG 2013

The financial services industry is starting to see the first advice firms launching after the start of the Future of Financial Advice (FoFA) regulation and while the process is more rigorous now, newcomers have the advantage of being fully-compliant ...

Perpetual encourages women writers

LAURA MILLAN | THURSDAY, 1 AUG 2013

Perpetual has awarded Australian women writers through the Kibble Awards, an initiative managed by its charitable trust that consolidates its position after 20 years in the philanthropy space. Perpetual Philanthropic Services recently announced that ...

Regulator taking a "facilitative" approach to change

ALICE URIBE | THURSDAY, 1 AUG 2013

The Australia Securities and Investments Commission (ASIC) chairman Greg Medcraft reiterated his support to the financial services industry as it grapples with the implementation of regulatory changes, saying that the regulator would take a "facilitative" ...

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Mercer Super chief executive steps down

RIDDHIMA TALWANI | 12:01PM

Mercer Super chief executive Claire Ross is departing after almost 17 years in senior leadership roles at the retail super fund.

AusFood Super looks to revitalise member engagement

MATTHEW WAI | 11:30AM

The $3.5 billion super fund has partnered with InvestStream to launch RetireSmart+, becoming the first super fund to bring an AI-powered engagement experience to some 66,000 members.

L1 Group posts 'marked recovery' in June quarter

RIDDHIMA TALWANI | 12:13PM

L1 Group has reported a marked recovery in investment performance in the June quarter.

European PE firm mandates Apostle with Australian distribution

RIDDHIMA TALWANI | 11:50AM

Apostle Fund Management has been appointed by European investment firm Triton Partners for the distribution of its credit strategies in Australia and New Zealand.

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