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| | | Self managed super fund trustees will be allowed to make improvements to property assets under a proposed new ruling from the Australian Taxation Office, which has also relaxed its interpretation of single acquirable assets. The ATO's draft ruling on ... |
| | | | Financial services licensees must effectively monitor business models for possible conflicts of interest and prioritise training and supervision of advisers, said ASIC, as part of plans to raise standards in the advice industry and hold gatekeepers ... |
| | | | Perpetual has selected a global EDM specialist to run its central data hub to replace its inhouse system. Going live today, Perpetual selected the Cadis enterprise data management (EDM) platform after a two week proof of concept test which assessed ... |
| | | | Investors looking to Asian opportunities invariably focus almost exclusively on China but Indonesian investment managers are making a case that their country is in an early phase of the economic development cycle and represents opportunities just as ... |
| | | | US stocks plunged on Friday, with the Dow Jones Industrial Average sliding more than 300 points, as global stock markets were stung by fresh anxiety in the eurozone over Greece's bailout. The Dow fell 303.68 points (2.69 per cent) to close at 10,992.13. ... |
| | | | Australian investment will feel the impact of sustainability within five years with risks and opportunities to impact, according to Jane Goodland, global head of sustainability at Towers Watson. Macro trends including demographic changes such as ageing ... |
| | | | Omega Global Investors launches a new bond fund tomorrow, positioning itself to benefit from an expected shift from equities to fixed interest in the institutional and retail market. The fund is being seeded with $200 million and will offer investors ... |
| | | | AXA Australia is in the process of winding up seven funds, including a $1.06 billion mortgage fund, with a withdrawal offer available on two others. An AXA spokesperson confirmed to Financial Standard yesterday that AXA had completed a review of its ... |
| | | | Martin Littler, the senior portfolio manager of Colonial First State Global Asset Management's core Australian equities team, will retire on September 16. In February this year Littler handed over the leadership of the team to Matthew Reynolds, who ... |
| | | | Retail super fund members paid almost $3 billion in commissions during 2010, according to new Rainmaker research. The fee study, commissioned by Industry Super Network, shows that members parted with $1.9 billion in payments linked to super investments ... |
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