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Avoid AMP Aussie shares fund: Morningstar

RUTH LIEW  |  THURSDAY, 9 DEC 2010
... team this year with several new appointments, and is planning to announce another senior investment professional to the team next month. Morningstar said overall the long-term performance of the fund has been good, with the strategy being counted in ...

AIA wins $160m Sunsuper mandate

RUTH LIEW  |  THURSDAY, 9 DEC 2010
... premium buying an average 38 per cent extra death and disability cover," he said. The new arrangements will be effective July next year, and is expected to general annual insurance premiums of around $160 million per year. The win places AIA in the top ...

Count sees earnings up 20pc next year

JOHN MCDULING  |  THURSDAY, 9 DEC 2010
Planning group Count Financial has issued strong guidance for the next financial year, expecting its earnings per share to rise by some 20 per cent. The numbers look even better once the impact of a one-off revaluation of its holding in soon-to-be listed ...

Praemium plans Australian Sharia service

ELISE BURGESS  |  THURSDAY, 9 DEC 2010
Praemium will launch an Australian Sharia-compliant service in the next quarter after working with the Islamic Bank of Britain to introduce the UK's only Sharia-compliant retail Discretionary Portfolio Service. Praemium, a financial portfolio administration ...

Mercer outlines top trends for 2011

JOHN MCDULING  |  THURSDAY, 9 DEC 2010
... dollar, and more demand for retirement products are just some of the themes Mercer expects to occupy the minds of investors next year. Many of the themes Mercer outlines overlap with its predictions from this time last year. The asset consultant reiterated ...

Adviser Toolbox free for planners

ELISE BURGESS  |  THURSDAY, 9 DEC 2010
... 500 advisers registered to use the service currently. "As it is free, we expect a larger number of advisers to join in the next few months as it has been only up and running for a little while now," said the spokesperson.

Insurance platforms highly preferred: report

ELISE BURGESS  |  THURSDAY, 9 DEC 2010
... life insurance premium per adviser climbed a significant 32 per cent this year. "Advisers are optimistic about growth in the next twelve months regardless of forthcoming regulatory changes," said Tim Cobb, the Investment Trends advisory board, adding ...

Grinch vs Santa

BENJAMIN ONG  |  THURSDAY, 9 DEC 2010
... lowering borrowing costs. Both rationales are perfectly rational. It just depends on the timeframe. Short-term, that is over the next year or two, the US economy could not help but respond positively to the monetary and fiscal stimuli being doled out ...

Market Wrap - Morning

AAP  |  THURSDAY, 9 DEC 2010
... lower from an almost one month high after the Federal Treasurer pledged to release banking competition measures within the next week. The benchmark S&P/ASX200 index declined 26.9 points, or 0.57 per cent, to close at 4,699.9 on Wednesday, while the broader ...

Transition mgmt takes centre stage

JOHN MCDULING  |  WEDNESDAY, 8 DEC 2010
... sweeping through the not-for-profit superannuation sector is putting transition management firmly back in the spotlight for next year. Last month, Health Super announced that talks were underway with First State Super to create a $28 billion fund with ...