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| | | A sea of red swamped the world's equity markets - from New York to Rio and old London town - over the past 24 hours. As I've been warning the past few weeks, the global economy is weakening, the odds of another recession has increased and this is sapping ... |
| | | | Planners want freedom to run their own practice while dealer groups are on the attack trying to lure competitor's planners to their own ranks, according to an industry survey, which also rated planner opinions on the handling of reforms. The Midwinter ... |
| | | | Sean Carroll has been formally appointed as executive general manager of Suncorp Life Risk Australia after five months acting in the role. Carroll is moving across from New Zealand where he was executive general manager (EGM) for Suncorp Life's operations ... |
| | | | The Government has released the final details of its Stronger Super reforms policy, which could reduce the fees paid by super fund members by up to 40% with the vast majority of balances being commission free by 2017. From October 1 2013, employers ... |
| | | | ING Investment Management is cutting staff numbers in the lead up to its takeover by UBS Asset Management, with estimates at 36 staff cuts to date. Notice of potential job cuts was given back in June when news of the takeover was announced, with the ... |
| | | | The IMF's September World Economic Outlook has downgraded its global growth forecasts but has predicted that the Australian economy will grow by 3.3% in 2012, with its forecast for global advanced economies at only 1.9%. The IMF's September World Economic ... |
| | | | Independent platform provider netwealth has launched a new online service for advisers providing more efficient back office capabilities to help cater for the requirements of the Future of Financial Advice reforms. netwealth said that the 'next generation' ... |
| | | | In a study of long-only Australian equity funds, Standard & Poor's found the duration a portfolio manager remains with a fund manager is influential on the success of the fund itself, with consistent returns being a main benefit. In its report 'Portfolio ... |
| | | | Hastings Funds Management, owned by Westpac, has appointed Andrew Day as its new chief executive. Day will begin his role with Hastings on 17 October 2011 and is an experienced chief executive with a domestic and international track record. He was until ... |
| | | | It's still the word - Greece, that is. "In the face of the extensive rumbas of the last few days, it was stressed by all that Greece is an integral part of the Eurozone." This was Greek government spokesman Elias Mossialos' announcement to the world ... |
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