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| | | QIC has appointed former Australian Ambassador to China, Geoff Raby, to help win more mandates from Asian institutional investors. Raby retired from the Department of Foreign Affairs and Trade earlier this month after five years as Ambassador to China ... |
| | | | ANZ Wealth is rolling out phone-based advisers who will contact clients on behalf of advisers to assist in opt-in requirements and scalable advice pressures, with plans to raise planner numbers significantly. ANZ Wealth, which has the third largest ... |
| | | | In a month characterised by global economic doom and gloom, Australia has just received a very welcome fillip - trade mark applications by Australian businesses are up-to pre GFC levels and have broken through the 69,000 barrier. Even better news is ... |
| | | | Prime Minister Julia Gillard spoke of the importance of Australia's super industry as an "anchor" for the economy and the changes ahead in an address to over 600 wealth management professionals in Sydney this morning. In a 30-minute speech discussing ... |
| | | | World equity markets hold only $57 trillion, one-third less than the $90 trillion in world bond markets, so it might be time we paid a bit more attention to where the real money is. Like how despite the frenzy for more debt as governments scrambled ... |
| | | | The much anticipated proposed regulations for the financial advice industry have been announced with opt-in, the banning of commissions, new powers for ASIC and a consultation paper on the term 'financial planner' outlined in the first tranche of draft ... |
| | | | Until the US housing market starts to right itself it's unlikely US consumers are going to gain too much confidence and without confidence the chance of economic recovery will remain a forlorn dream. House prices are still down 32% from their 2006 peak ... |
| | | | The Association of Superannuation Funds of Australia has appointed QSuper CIO, Brad Holzberger to their board, replacing Michele Dolin who stepped down as GESB CEO earlier this year. Holzberger has over 20 years experience in the financial services ... |
| | | | The New Zealand Government is proposing to automatically enrol about 1 million employees into their de facto national superannuation scheme Kiwisaver, for an estimated cost to taxpayers of A$600 million. The A$7 billion Kiwisaver scheme that makes up ... |
| | | | The Australian share market was higher at noon, led by company results as reporting season continues. At 1200 AEST, the benchmark S&P/ASX200 index was up 39.8 points, or 0.95 per cent, at 4,207.4, while the broader All Ordinaries index was up 39.8 points ... |
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