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| | | Bennelong Australian Equity Partners (BAEP) has won a $10 million mandate with the Guardian Benefits Fund Trust. The trust is a joint venture between the Over Fifty Group and InvoCare. Sean Webster, investment manager of the Over Fifty Group, said the ... |
| | | | S&P's decision to withdraw its application for a retail AFSL, effectively pulling its credit ratings from the retail market, could increase retail investors' exposure to risk and lead to a tightening of planners' approved product lists. S&P announced ... |
| | | | Commission-based financial advice may not necessarily lead to real conflicts of interest but even 'perceived' conflicts threaten to undermine the industry's future, said Chris Bowen, the minister for financial services and superannuation. Addressing ... |
| | | | Seven of the country's largest fund managers, including AMP, BT and CFS, have ratified a bold, new IFSA Superannuation Charter - heralding a new culture where consumers, not the planners, dictate the fees paid on superannuation advice. More than 135 ... |
| | | | The Australian stock market was higher at noon after strength in the resources sector offset losses in financial stocks. At 1200 AEDT, the benchmark S&P/ASX200 index was up 12 points, or 0.25 per cent, at 4,767.2, while the broader All Ordinaries had ... |
| | | | Solaris Investment Management has been awarded a mandate by Colonial First State's (CFS) FirstChoice Boutique Australian Share Fund. The mandate takes Solaris's funds under management to $3.4 billion since inception in January 2008. Denis Donohue, managing ... |
| | | | The $13 billion Construction & Building Industry Super (Cbus) is starting to include environmental, social and governance (ESG) issues in the fund's Investment Management Agreements (IMAs) when appointing fund managers. Trish Donohue, executive manager ... |
| | | | Christian Super seeds the AMP Capital Investors Responsible Investment Leaders Diversified Fixed Income Fund with a $50m mandate. The fund invest in a blend of government and credit Australian fixed interest securities, global government bonds and global ... |
| | | | Walt Disney lives up to its reputation - that of cheering up depression. But is Wall Street now playing with Mickey Mouse Money? Walt Disney, with a little help from its friends - JC Penney and Abercrombie & Fitch Co -brightened Wall Street's sombre ... |
| | | | Australia's growing current account deficit will inevitably lead to further policy action to increase national savings and the super industry will play a key role, said David Morgan, former chief executive of Westpac. Morgan told the ASFA conference ... |
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