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Former NSW Treasury deputy secretary to head RBF-Tas

RUTH LIEW  |  THURSDAY, 8 APR 2010
... management and maintenance at the Department of Education in Tasmania. He will return to Tasmania to take up his new post next Monday. RBF chairman Damian Egan said Mussared is "committed and enthusiastic about all of RBF's business plans". Prior to ...

Temasek invests $50m in renewable fuels

MICHAEL HOBBS  |  THURSDAY, 8 APR 2010
... funding when it started in 2003. According to the company's website, it hopes to start selling its renewable energy products by next year. John Melo, who previously worked as president fuels operations in the US for British Petroleum (BP), founded the ...

Planning firm to drop commission-based insurance advice

MICHELLE BALTAZAR  |  WEDNESDAY, 7 APR 2010
... said the group is running a transition program to help advisers make the necessary changes within their business over the next 18 months. This program will also be available to new businesses joining Godfrey Pembroke. "Our goal is to be a 100 per cent ...

How high and how long

BENJAMIN ONG  |  WEDNESDAY, 7 APR 2010
... last year, even though the effects of earlier expansionary policy measures will be diminishing." You got that? Output growth next year is likely to exceed last year's despite the diminishing effects of earlier expansionary measures. Hence, "The Board ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 7 APR 2010
... whether the market could continue its upward march. Companies will begin reporting earnings for the January-March quarter next week so traders will have a better sense of whether the recent climb in stocks is justified. The Dow fell 3.56, or less than ...

Perpetual Select Super to slash insurance premium by 40pc

RUTH LIEW  |  TUESDAY, 6 APR 2010
... waiting and benefit periods. According to a spokesperson, the new levels of cover came into effect last Wednesday. Over the next month, Perpetual Private Wealth will be communicating the changes to its members.

Infocus plans further expansion

RUTH LIEW  |  THURSDAY, 1 APR 2010
... Management is on track to recruit 20 new adviser offices this financial year and looks to add another 20 by the end of June next year. Darren Steinhardt, managing director of Queensland-headquartered Infocus Wealth Management, said the growth strategy ...

Iffy

BENJAMIN ONG  |  WEDNESDAY, 31 MAR 2010
... It was again an "iffy" performance on Wall Street overnight. Wall Street will see share prices rise - at least until the next equity unfriendly news hit - iffy this weekend's US Non-farm Payrolls comes in better than market expectations. Share prices ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 31 MAR 2010
... window dressing or trades intended to boost returns on reports sent to shareholders, was expected to influence trade over the next two days. After opening in positive territory, the three main indices slid into the red then staged a late rally to finish ...

Asgard spends big on platform upgrades

MICHAEL HOBBS  |  FRIDAY, 26 MAR 2010
... and renovation," he said. As a result, Asgard is moving from three standalone platforms to one administration platform by next year so financial advisers can access all products and services the business provides. These enhancements come after financial ...