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| | | Super fund members run the risk of being given the wrong information about the performance of their funds, according to a recent analysis by the Actuaries Institute. Recommendations, prepared for the actuarial profession and financial regulators, outline ... |
| | | | Instreet has launched YIELD, a three-year income investment product which aims to balance higher yield against risk by being linked to a basket of Australia's big four banks and delivering quarterly fixed income payments at 11% a year. Instreet managing ... |
| | | | Australian Securities & Investments Commission action has resulted in Neil William King, formerly of Brighton, Victoria, being removed from the financial services industry for six years. In proceedings brought by Australian Securities & Investments ... |
| | | | The Council of Financial Regulators has recommended a preference for market-led solutions, in part driven by appropriate regulatory incentives to comply with a G20 commitment on OTC derivatives. The Government released the consultation paper yesterday ... |
| | | | CBA boss Ian Narev has committed to retaining local staff and not moving offshore, despite pressures from customer preferences, instead promising to simplify products. Speaking in a shareholder briefing yesterday, Narev said the Commonwealth Bank of ... |
| | | | M&A activity in Asia, on the back of economic growth in the region, accounted for $10 billion in deals in the last three months alone, despite this activity being in a dip. "Southeast Asian M&A rebounded 50.5% in Q1 2012 after a lacklustre last quarter ... |
| | | | One step forward, two steps back. Two steps forward, one step back. Buy. No, sell. Sell. Wait, wait, buy! Tough, ain't it Virginia? Tough-er if you're trying to put food on the table by making sense of the daily ups and downs and ups... and downs in ... |
| | | | First home buyers are already being squeezed out of the market by investors and, as residential investment becomes attractive to self-managed super funds, fears are growing the squeeze will get even tighter. John McGrath, a real estate and investment ... |
| | | | MLC has continued its spree of asset allocation changes with news of two new strategies for four of its MLC Horizon Series, including allocations to three managers and limiting its exposure to global shares. MLC has made an allocation to a multi-asset ... |
| | | | World economies have reacted to news the US has retained its hold of the presidency of the World Bank following a vote. The executive directors of the World Bank Group voted Dr. Jim Yong Kim as president for a five-year term beginning on July 1, 2012. ... |
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