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Market Wrap - Morning

AAP  |  THURSDAY, 7 APR 2011
... see how higher prices for oil, gas and other raw materials are affecting corporate profits. They'll get their first glimpse next Monday, when Alcoa Inc. reports its first-quarter earnings, providing the unofficial start of earnings season. More than ...

Board seats open for Women in Super

MICHELLE BALTAZAR  |  WEDNESDAY, 6 APR 2011
... empower more female financial services professionals through WIS' regular lunch briefings with the industry's who's who. The next lunch briefing is on June 28 with guest Elana Rubin, the chair of AustralianSuper, the largest super fund in the country ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 6 APR 2011
... earlier in the day, Apple Inc regained most of its losses. Nasdaq OMX Group Inc announced a rebalancing of the Nasdaq-100 Index next month that will cut Apple's weighting in the index from 20 per cent to 12 per cent. That will likely force some money ...

UniSuper second global tech mandate

ELISE BURGESS  |  TUESDAY, 5 APR 2011
... nature." The super fund will be continuing down this path with possibly two more mandates in the global tech space within the next three months. "We were very impressed by the quality of the managers in the sector, and the RCM team have been together ...

AFA prep advisers for FOFA

MICHELLE BALTAZAR  |  TUESDAY, 5 APR 2011
... changes. The FOFA reforms will be tabled in parliament by spring this year and subject to changes, should become law by July next year. Among the reforms are the proposed ban on advice commissions, the introduction of an 'opt-in' advice scheme and restrictions ...

Accounting group hires 'transformer'

ALISON BEVEGE  |  TUESDAY, 5 APR 2011
... stock exchange. "Mr Lombard was a standout candidate... with his leadership, WHK is well positioned to continue with its next phase of growth, with ongoing focus on organic growth," the company said in a statement. "Mr Lombard has over 20 years experience ...

North opens Bluedoor to bright future

ALISON BEVEGE  |  TUESDAY, 5 APR 2011
... over the past 18 years since compulsory super was introduced. "We're going through that generational change," he said. "The next 18 years are going to be quite different in their requirements," he said.

Market Wrap - Morning

AAP  |  TUESDAY, 5 APR 2011
... reaching a 30-month high of $US108 a barrel, some investors are waiting for Alcoa Inc to report its first quarter earnings next Monday, the unofficial start of the earnings season, before making any big moves. Traders are hoping to see how rising gas ...

Insurance bodies tackle longevity risk

ELISE BURGESS  |  MONDAY, 4 APR 2011
... development of our North products, the need to address longevity risk is one of the key challenges this industry faces over the next 30 years," said Stephen Rosengren, AXA head of individual life insurance. Changes include having an additional benefit ...

ANZ appoints head of super

MATT WOODINGTON  |  FRIDAY, 1 APR 2011
... record in managing large-scale technology and business change will be a valuable asset for ANZ as we develop and implement next generation investment and platform solutions for our customers," said Van Der Wielen. Brackenrig has over 25 years of financial ...