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| | | From today Australians with a life expectancy of two years or less can fully access their superannuation savings yet the country's largest industry fund has gone a step further and negotiated for the early release of life insurance benefits. AustralianSuper ... |
| | | | As Yogi Berra famously quoted, "it ain't over till it's over." Elvis is still in the building. Optimism over a Greek bailout deal has hit a roadblock (again), prompting financial markets to give up some of the gains made over the past few days. But ... |
| | | | The Tasmanian public sector superannuation fund, the Retirement Benefits Fund (RBF), has invested $100 million in the GAM Absolute Return Bond Defensive Fund. GAM's unconstrained bond strategy is a "go-anywhere" bond fund which, via the use of derivatives ... |
| | | | John Waller will retire as a National Australia Bank board member and as chairman of Bank of New Zealand and be replaced by Doug McKay. Waller has been an NAB non-executive director and chairman of its subsidiary BNZ since 2008 and will leave those ... |
| | | | Hoo-wow! Houston, we had lift-off. Yes Virginia, financial markets from New York to Rio and old London town lifted off while we slept. Equity markets jumped while bond yields dived. These, because on optimism that a Greco-troika deal would be hammered ... |
| | | | "I got chills, they're multiplying..." What's that Virginia? You're sick of hearing and reading about Greece? Not as I am about ranting about it for the umpteenth time, believe you me. Each time the Greek "crisis' re-emerges, we get this volatility ... |
| | | | The Australian stock market looks set to open higher, following strong gains on Wall Street overnight. At 0655 AEST on Wednesday, the June share price index futures contract was up 47 points at 5,574. US stocks were up 0.6 per cent, ending a two-day ... |
| | | | PPB, the liquidators assigned to the Astarra funds following the 2009 collapse of Trio Capital, have denied rumours they will deregister the Astarra Strategic Fund on June 17. The Astarra Strategic Fund was the primary vehicle, along with the ARP Growth ... |
| | | | The Australian market looks set to open slightly lower after US and European markets fell on Friday amid fears over a Greek debt default. The June share price index futures contract was down six points at 5,528. On Friday, US and European stocks fell ... |
| | | | If one were to believe in conspiracy theories, one would suspect that 'the institutions' - perhaps, even Tsipras himself -- have placed a short on Greek bonds and stocks today... and collect the windfall tomorrow. Speculations of rumours of gossips ... |
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