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BENJAMIN ONG  |  TUESDAY, 7 JUN 2011

Asgard upgrades eWrap

Asgard has released an extensive range of new features for its eWRAP platform designed to drive greater productivity and profitability by helping advisers to deliver more customised advice for more clients in less time. The enhancements include simplified ...

Sunsuper awards $700m mandate

MATT WOODINGTON  |  FRIDAY, 3 JUN 2011
Sunsuper has undergone a slight re-weighting of its Australian Equities portfolio, handing a new $700 million mandate to Vinva Investment Management. The Vinva mandate, which went live last week, is part of a wider reallocation of funds in Sunsuper's ...

Market Wrap - Midday

AAP  |  FRIDAY, 3 JUN 2011
Australian shares were slightly lower at noon as investors sit back after Thursday's worst one-day performance in a year. At 1200 AEST the benchmark S&P/ASX200 index was down 6.7 points, or 0.15 per cent, to 4,593.7 points, while the broader All Ordinaries ...

Market Wrap - Morning

AAP  |  TUESDAY, 31 MAY 2011
... stocks closed lower as weakness among finance-linked companies due to offshore worries dragged the broader market into the red. The benchmark S&P/ASX200 index finished down 16.5 points, or 0.35 per cent, at 4,667.5, while the broader All Ordinaries index ...

Telstra Super slash fees

ELISE BURGESS  |  FRIDAY, 27 MAY 2011
Telstra Super to cut retail member fees by two-thirds in the new financial year as the fund continues its campaign to broaden member benefits. Starting from July 1 this year, Telstra Super Personal Plus members administration fees will be cut from 0.6 ...

Oakeshott won't back FOFA

ALEX DUNNIN  |  THURSDAY, 26 MAY 2011
... proposal to force people to keep re-signing contracts with their financial advisers was bad policy which would add unnecessary red tape, increasing costs for both small business financial advisers and their clients", he said. A government spokesperson ...

Perpetual chief ushers in new era

ELISE BURGESS  |  THURSDAY, 26 MAY 2011
New executives, flexible cost base, greater discipline and over 100 staff cuts make up the first of three initiatives planned by Perpetual as it fights to rebuild its focus and performance. Just one day after news that its star fund manager and head ...

Diversified pension policy is best: OECD

ALEX DUNNIN  |  WEDNESDAY, 25 MAY 2011
National pension policy is a balancing act between adequacy and sustainability, a balancing act that G20 countries are finding increasingly difficult to maintain, reveals a major OECD report. Restoring this balance is forcing countries to adopt policies ...

Market Wrap - Midday

AAP  |  TUESDAY, 24 MAY 2011
... $21.75. ANZ was outperforming its peers, having declined nine cents, or 0.41 per cent, to $21.93. The major miners were in the red amid weaker commodities prices overnight. BHP Billiton was off 13 cents at $43.16, while Rio Tinto had slipped 25 cents ...