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Adviser numbers to remain stable post FOFA: Rice Warner

CLAIRE MCGREAL  |  MONDAY, 6 FEB 2012
... 2026, from 2,130 in 2011-12 to $1,118, with national super and other savings expected to rise by up to $130 billion over the next 14 years. The average yearly adviser income is likely to grow in real terms from $182,000 to $260,000 in 2026, notwithstanding ...

Financial services digging deep for FICAP

RACHEL DAVIS  |  FRIDAY, 3 FEB 2012
... Financial Industry Community Aid Programme (FICAP) has signed up another three platinum sponsors for its charity concert next month. ANZ, Colonial First State and RNC Global Projects have joined returning sponsors BT Financial Group and Perpetual in ...

Bonds, tailored equities and income top ETF picks

ELISE BURGESS  |  FRIDAY, 3 FEB 2012
... according to Russell Investments, who has picked bonds, international equities and income as the best buys for growth for next 12 months. The Australian exchange-traded fund (ETF) market has reached $5 billion in assets under management over the past ...

Bold predictions of US recovery

MELANIE TIMBRELL  |  THURSDAY, 2 FEB 2012
... year it will be driven by manufacturing, the economist maintained. "Companies are moving back to the country to build their next plant or expand production in the United States. If that indeed happens we look for the dollar to continue to strengthen ...

Retail advice industry needs new models

MELANIE TIMBRELL  |  WEDNESDAY, 1 FEB 2012
... to June last year, 10 per cent of superannuation fund products that switched to industry funds came through a planner. The next step then is to link the statement of advice (SOA) software and the transaction system of the platform for implementation. ...

Benchmarked inflation protection doesn't stack up

MELANIE TIMBRELL  |  WEDNESDAY, 1 FEB 2012
... expecting and in that case you would expect inflation pricing to increase. Probably at the same time at some point over the next two to three years bond yields will also rise, which means that a dynamic approach to managing the inflation and the interest ...

Market Wrap

AAP  |  WEDNESDAY, 1 FEB 2012
... Investors are also cautious ahead of trading updates from the banks, including National Australia Bank and Macquarie Group next week, and ahead of the NAB business survey for December. "With a second RBA (Reserve Bank of Australia) cut occurring in December ...

REST and AAS sign five year deal

CLAIRE MCGREAL  |  WEDNESDAY, 1 FEB 2012
... well as introduce measures to provide greater feedback from members and employers. Other initiatives on the cards over the next 12-18 months include increasing staff training, implementing new systems and applying new governance standards. "We look forward ...

Nikkei not nice

BENJAMIN ONG  |  WEDNESDAY, 1 FEB 2012
... projections. The BOJ have revised its economic forecasts to show a 0.4% contraction in real GDP when Japan's fiscal year ends next month, down from the 0.3% positive growth it predicted only last October. This is not a good omen for the Nikkei.

OnePath advisers receive online inforce book

ELISE BURGESS  |  TUESDAY, 31 JAN 2012
... marketing and reinsurance. "An example of this is that advisers can now view a list of all the clients who are renewing in the next month, and provides an opportunity to proactively invite those clients in for a review." OnePath said OneView Life is ...