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| | | Online portfolio administration solution provider Multiport has unveiled a string of upgrades to its self-managed super fund (SMSF) solution in a bid to help SMSF advisers. Following the upgrade, advisers who use Multiport can get daily information ... |
| | | | ... a record loss for the December quarter, and dire news from European bank HSBC saw investors flee financial stocks. Most major markets around the world were down heavily on Monday. Oil, precious metals and copper fell, too. At 0744 AEDT on the Sydney ... |
| | | | It's not often that a highly respected investment guru such as Warren Buffett admits to making a "major mistake"- but last Saturday, he did. In his annual letter to Berkshire Hathaway shareholders, Buffett acknowledged he made a "major mistake of commission" ... |
| | | | ... bottom of the market's fall from October 2007. The Nasdaq composite index fell 13.63, or one per cent, to 1,377.84. The major indices haven't had a winning month since August. LONDON - Europe's main stock markets plunged on Friday, with London's FTSE ... |
| | | | ... the March share price index futures contract was up 22 points to 3,333 on a volume of 11,413 contracts. Consumer staple major Woolworths lost $1.39, or 4.96 per cent, to $26.61 after it announced it expects its fiscal 2009 net profit to rise by up to ... |
| | | | ... due in November this year. Public hearings are likely to start mid year. The Inquiry's speed reinforces speculation that major reforms in wealth management is likely to become a significant aspect of the Rudd Labor government's re-election platform ... |
| | | | ... the Dow Jones industrial average, coming off its lowest levels since 1997, jumped about 250 points, or 3.5 per cent. Other major stock indexes rose about four per cent. In his semiannual report to the Senate Banking Committee, Bernanke predicted the ... |
| | | | TOWER Australia has appointed Patrick O'Connor as head of distribution for the Retail Life business. O'Connor will report to the company's chief executive Retail Life, Brett Clark. O'Connor has held a number of roles within TOWER since joining the company ... |
| | | | ... week the US government, in concert with the Federal Reserve and other related agencies, announced that it would put the major US banks, such as Citi and Bank of America, through an evaluation test that would assess whether they needed additional capital ... |
| | | | Custodians can best serve their clients following last year's crisis by working more closely, over the long term, to develop custodial processes that can highlight risk management issues before they pose serious problems. Jane Perry, head of JP Morgan ... |
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