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| | | Australian stocks were firmer at noon, with strong gains among financial and resources companies leading the broader market higher. At 1203 AEST, the benchmark S&P/ASX200 index was up 64.3 points, or 1.47 per cent, at 4,444.6 points, while the broader ... |
| | | | Commissions should be banned on all insurance products in super, including group risk and personal insurance, according to the Cooper Review's final report. Members can generally access insurance through super, and they continue to have cover without ... |
| | | | The weekend's G-20 Summit in Toronto is done, but is it dusted? Their communiquA(C) had something for everyone - it contained a framework for strong, sustainable and balanced growth, something on financial sector reform, a bit on financial institutions ... |
| | | | AMP has appointed former ING head of sales Kevin Canning and former authorised rep for Millenium 3 Financial Services to join the group's Queensland operations. Canning joins as regional leader, business development manager, Queensland and Reece Foster ... |
| | | | WA dealer group Addwealth is aiming to more than triple its funds under advice (FUA) to reach $1 billion in three years, as part of its expansion plans to the Eastern seaboard. Paul Foster, chief executive of Addwealth, said he is looking to grow the ... |
| | | | The government will pump up to $25 million over four years into a new centre that will teach and train the next generation of financial regulators in Australia while building ties with the regulatory powers-that-be in Asia. Speaking at a post-Budget ... |
| | | | The Australian share market has received strongly positive leads from offshore trading overnight, as markets rebounded on optimism following the European rescue plan. At 0657 AEST on the Sydney Futures Exchange, the June share price index contract was ... |
| | | | The $146 billion New York State Common Retirement Fund has pumped $564 million into Fannie Mae mortgages in New York to help stabilise mortgage lending in the state. According to a press statement by state comptroller Thomas DiNapoli, the $564 million ... |
| | | | The government's proposed reforms to compulsory super give financial planners more reason to look after their next generation of clients. The recommended SG lift from 9 per cent to 12 per cent by 2019/20 will, unfortunately, mean little for those who ... |
| | | | "It was the best of times, it was the worst of times..." These words from Charles Dickens' novel, A Tale of Two Cities, have again been brought to life by two opposing monetary prescriptions by two central banks - further interest rate hikes for the ... |
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