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| | | ... Commission (SEC) announced civil fraud charges on Goldman. The tech-rich Nasdaq composite did not manage to make it out of the red, declining 1.15 points (0.05 per cent) to 2,480.11. The broad-market Standard & Poor's 500 index gained 5.39 points (0.45 ... |
| | | | Rainmaker Research has found that $1.3 billion of workers funds were redirected to financial planners in the form of commissions, including $550 million from compulsory (SG) super. Rainmaker, which owns Financial Standard, also reported that $6.48 billion ... |
| | | | The $12 billion New Zealand Superannuation has terminated its global equity, non-US small-cap equity and multi-strategy equity mandates managed by GMO. The guardians of New Zealand Superannuation made the announcement today, and said GMO Renewable Resources ... |
| | | | ... broader All Ordinaries index fell 16.8 points, or 0.33 per cent, to 5,007.3 points. NEW YORK - US stocks plunged into the red on Friday after blue ribbon investment firm Goldman Sachs was charged with misleading investors in the sale of a complex mortgage ... |
| | | | ... batted off concerns about Greece's debt woes and an unexpected rise in US jobless claims. After spending much of the day in the red, the Dow Jones Industrial Average rose 21.46 points (0.19 per cent) to 11,144.57 at the close. The tech-rich Nasdaq composite ... |
| | | | Australia's superannuation market will be closed to new entrants under proposals by the Super System Review (SSR) that could effectively shut down competition, entrench incumbents and force small funds to merge. The proposals are in the review's MySuper ... |
| | | | Relentless tinkering in superannuation rules has made the art of saving through super more like rocket science, driving many investors to make choices that could damage their financial health. Bryan Ashenden, head of technical consulting at Westpac-owned ... |
| | | | A recent ruling by the US Federal Reserve has seen a spike in international inquiries for technology solutions created by Australian financial technology company, Payment Adviser. Payment Adviser's technology is used to enable global wire services to ... |
| | | | ... eurozone bailout for debt-ridden Greece overshadowed Wall Street's close at an 18-month high, leaving most Asian stocks in the red on Tuesday. Dealers pulled back a day after a regional rally that was sparked by news of a massive rescue package for Athens ... |
| | | | HFA Asset Management is set to re-open its flagship $565 million Diversified Investments Fund to new investment as early as July this year - more than a year since it was forced to suspend redemptions due to the liquidity crisis. The decision to re-open ... |
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