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| | | Financial Services and Superannuation Minister, Bill Shorten, has released exposure draft legislation on income tax relief for merging superannuation funds for public comment. The draft legislation takes into account several of the issues raised by ... |
| | | | The key to a successful volatility strategy is active management as long-only positions can lead to losses, said a recently released paper by van Eyk. van Eyk's research tested a number of different investment portfolios, which combined varying amounts ... |
| | | | The increasing popularity of term deposits among SMSF trustees indicates a broader shift in attitude from viewing cash in terms of liquidity to viewing it as an investment, according to RaboDirect. Recent research conducted by the online bank revealed ... |
| | | | "I know I'm just a fool who's willing to sit around and wait for you But baby can't you see, there's nothin' else for me to do, I'm hopelessly devoted to you..." - Olivia Newton John Yes, yes yo Virginia. After only a day of making their disappointments ... |
| | | | A new initiative has been unveiled that will see financial advisers repay their entire commissions on life insurance if a policy lapses in the first year. The Financial Services Council (FSC) will spearhead the claw-back system, which could see advisers ... |
| | | | Mathias Cormann, Shadow Assistant Treasurer and Shadow Minister for Financial Services and Superannuation, came out swinging yesterday, accusing the Federal government of implementing "chaotic and unpredictable" regulations. Cormann swore a "blood oath ... |
| | | | Life annuities sales have increased rapidly following the GFC's onslaught on retirement assets, but investors and advisers are still wary about what happens to their capital if they don't live long enough to exhaust the annuity. "We now sell in a month ... |
| | | | ... offshore leads were mixed, with US stocks lower but bourses in London and Paris higher. Wall Street equity markets closed in the red for a third straight day, with the Dow Jones Industrial Average 32.55 points, or 0.25 per cent, lower at 12,976.13. The ... |
| | | | ... 1,375.32 and the tech-rich Nasdaq dropped 19.31 (0.66 per cent) to 2,920.21. Wall Street equity markets have closed in the red for three straight days. LONDON - European stock markets closed mixed Wednesday and the euro climbed, with all eyes on central ... |
| | | | ... action, then we could see a bit of a sell off later in the week." US stocks closed lower and European markets fell into the red as investors awaited the outcome of the Federal Reserve's two-day monetary policy meeting. The Dow Jones Industrial Average ... |
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