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| | | A report stating a quarter of financial advisers would be wiped from the industry and fee revenue halved by 2024 is alarmist, the Association of Financial Advisers said today. The report by research house Rice Warner Actuaries stated the figures in ... |
| | | | The Australian stock market is tipped to open higher, following a strong US lead, before slipping back into the red as the high Australian dollar continues to put a dampener on local trade. At 0730 AEST on the ASX 24, the June share price index futures ... |
| | | | 1.00,1.03,1.05,1.08,1.10,1.20 - no these are not random numbers. These are the numbers marking the Australian dollar's recorded fresh - and fresher - after-float highs against its big brother, the US dollar. The last time I wrote about the value of ... |
| | | | Self-managed super fund trustees risk being hit by tax and forced liquidations in the pensions phase if they don't plan ahead, financial services firm HLB Mann Judd has warned. Michael Hutton, head of wealth management at the firm, said self-managed ... |
| | | | Uh-oh, this is the last day for equity investors to decide whether or not to "sell in May and go away". An article Reuters published on 27 April reminded me so. In it, Reuters wrote, "Jeffrey Hirsch, publisher of the Stock Trader's Almanac, offers some ... |
| | | | Minister for Financial Services Bill Shorten has eased reforms on financial planners by extending the opt-in period but the Opposition has attacked, saying it would still cost an average firm $50,000. Adviser groups have lobbied hard against the opt-in ... |
| | | | While banning group insurance commissions from retail super funds seems a big deal, reality seems to be that most advisers don't make their living selling this type of insurance as they prefer traditional insurance sold outside super funds. According ... |
| | | | The outlook is positive for the Australian market on Thursday, with strong leads from Wall Street and European equities markets overnight, and higher prices in oil and precious metals. At 0711 AEST on the ASX 24, the June share price index futures contract ... |
| | | | Active fund managers found it very difficult to beat benchmark performance indexes after fees in the first quarter, research house Morningstar has revealed. Managers investing in large-cap Australian shares were evenly split between those that beat ... |
| | | | Aren't we, Australians all, just lucky? We come back from loooong holiday and then wake up to another big move higher on Wall Street. If we, Australians all, came back to work a day earlier we would have felt differently about today for apart from watching ... |
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