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ANZ provides banking services to DomaCom

LAURA MILLAN  |  TUESDAY, 23 APR 2013
... focus on obtaining the regulatory approvals and completing the commercialisation funding to be placed with investors over the next few months.

Guardian Advice boosts team with 5 appointments

LAURA MILLAN  |  TUESDAY, 23 APR 2013
... will develop the management of an equity partnership model, a strategic area that Guardian Advice will focus on over the next year. Kevin was previously NSW/ACT manager of Partnering and Advice Strategy at IPAC. Guardian Advice also appointed Jennifer ...

Three arrows hitting the spot

BENJAMIN ONG  |  TUESDAY, 23 APR 2013
... more confidence to conduct monetary policy appropriately...We will continue our qualitative and quantitative easing for the next two years." That's one of the arrows - super aggressive monetary policy - that appears to have already struck at the hearts ...

HOSTPLUS awards custody tender to Citi, gets MySuper licence

ALICE URIBE  |  TUESDAY, 23 APR 2013
... the tender after an 18-month process. "Citi is the service provider that can support our strategic ambitions. What's coming next is going to be a game-changer," Sicilia said. The new contract will involve a solution for "big data" and provide efficient ...

Challenger appoints Clarke as insto general manager

MARK SMITH  |  MONDAY, 22 APR 2013
... year to 31 March we generated more than $6 billion in institutional flows and look forward to growing this figure over the next twelve months," Rogan said.

CFS first retail fund to win MySuper approval

MARK SMITH  |  MONDAY, 22 APR 2013
... the 22 nd fund to be granted permission from APRA following approvals for REST and First Super last week. "MySuper is the next generation default super arrangement for those members who don't make an investment choice enabling members to compare funds ...

State Street beefs up data storage with new division

LAURA MILLAN  |  FRIDAY, 19 APR 2013
... comprehensive look-through of their portfolio across all security types and investment structures as less than good. "Over the next three years, 63% of asset owners surveyed expected their data management challenges to increase," Global Exchange director ...

Market Wrap

AAP  |  FRIDAY, 19 APR 2013
... debt woes could last for another 10 years. "Overcoming the crisis and the crisis effects will remain a challenge over the next decade," Weidmann told the Wall Street Journal. WELLINGTON - New Zealand shares closed lower on Thursday. The NZX 50 Index ...

Deferred annuity tax reforms safeguard retirees

MARK SMITH  |  THURSDAY, 18 APR 2013
... across the developed world, which are putting an increasing strain on retirement funding. Towers Watson says that in the next 20 years, around 5.5 million Australians will reach age 65, and their combined superannuation assets at retirement will be around ...

Advice practice profitability drops by 50%: survey

LAURA MILLAN  |  THURSDAY, 18 APR 2013
... but this was down to 4.6 in 2012. According to Business Health, practices should have an effective business plan for the next 12 months, should seek regular feedback from the client, apply client segmentation and prepare a transition plan. "There is ...