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Mason Stevens signs dealer group MAs

ELISE BURGESS  |  WEDNESDAY, 23 MAR 2011
... number of different features, managed accounts platforms and a number of new initiatives that it will be launching in the next months or two. "Advisers are driving demand for more tax-efficient, transparent structures and want to move some of their clients' ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 23 MAR 2011
... hopes of robust full-year earnings growth. Most of China's 16 listed banks are due to report their 2010 results within the next two weeks. WELLINGTON - The New Zealand share market closed higher for a second straight session on Tuesday. The benchmark ...

Rising oil prices add to sovereign risk

ALISON BEVEGE  |  TUESDAY, 22 MAR 2011
... with the Financial Services Council, ASIC, and the Australian Prudential Regulatory Authority, would be finalised in the next two months. "It will start to create a broader benchmark to help fund trustees to have a benchmark against risk," she said. ...

AustralianSuper names former Hastings director as head of infra

ALISON BEVEGE  |  TUESDAY, 22 MAR 2011
... AustralianSuper has more than $5 billion in infrastructure assets and plans to increase that amount significantly over the next few years. "Jason's skills and expertise will complement those of the existing in-house team and our managers to help us achieve ...

Market Wrap - Midday

AAP  |  TUESDAY, 22 MAR 2011
... hard to get through 102 US cents, unless we get some more decisive news on the domestic economy, which is unlikely in the next few days." He expected the domestic unit to trade between parity and 101 US cents during the local session. Meanwhile, the ...

ASIC starts shadow shopping

ELISE BURGESS  |  MONDAY, 21 MAR 2011
... the current super pool is in retirement products, such as de-accumulation products, and this is likely to double over the next decade. It's critical people make good decisions about their retirement and get quality retirement advice to make the most ...

Market Wrap - Midday

AAP  |  MONDAY, 21 MAR 2011
... portfolio in Australia. Property developer Lend Lease Group reversed four cents to $8.56 as it said it expects to start work next month on a STG70 million (A$122 million) redevelopment of two secondary schools in south-west London. On Wall Street on ...

Super on table for October tax review

ALISON BEVEGE  |  MONDAY, 21 MAR 2011
... helping people retire with enough money to live a healthy lifestyle. "It will look at what are the areas to tackle over the next few years," she said. "We think it's an important forum." Richard Klipin, chief executive of the Association of Financial ...

BNP Paribas to launch fixed income SMAs

MATT WOODINGTON  |  MONDAY, 21 MAR 2011
... which will also be available to instos. The French bank will launch its Australian fixed income offering this quarter or next, adding to its exposure to the Australian equities sector. "We feel the timing is right to enter the market with capabilities ...

Equipsuper launches 'clever' insurance

MATT WOODINGTON  |  FRIDAY, 18 MAR 2011
... continuance cover, although they can opt out. For existing members, Equipsuper will roll current death and TPD cover up to the next nearest higher multiple of their salary and prior to June 1 2011, may accept applications for two additional multiples. ...

Editor's Choice

Advice veteran's exit creates $1bn Tassie wealth group

KARREN VERGARA
Mancell Financial Group (MFG) founder Peter Mancell has retired as a financial adviser after 46 years, selling the business he built to pave the way for a $1 billion wealth management firm in Tasmania.

UniSuper, Aware Super deliver positive returns

RIDDHIMA TALWANI
UniSuper and Aware Super have reported returns across all investment options for the 2025-26 financial year.

HESTA executive jumps ship to Cbus

VINNY VUCAGO
A C-suite executive from HESTA has taken on a new role as chief member officer at Cbus, effective October.

ASFA strengthens cyber security with new hire

MATTHEW WAI
The Association of Superannuation Funds of Australia (ASFA) has named its head of cyber and financial crime, bringing relevant experience from a super fund.

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