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| | | The Australian share market remained in the red at noon with the financial and resources sector both making losses. At 1200 AEDT, the benchmark S&P/ASX200 had fell 45.5 points, or 1.24 per cent, at 3,626.8, while the broader All Ordinaries dropped 40 ... |
| | | | Commonwealth Bank of Australia subsidiary, Bankwest, is to shed around 400 employees from the bank's operations but confirms the financial planning arm will not be affected. The bank is planning on making 250 redundancies in Western Australia and 150 ... |
| | | | It is not quite as revolutionary as teleporting but advances in video conferencing has now made it possible for fund managers to hold life-like video meetings, a major leap from the days of delayed broadcast, blurry video images and dropped-out calls. ... |
| | | | 2009 will be the Year of Africa if Pope Benedict the XVI has his way. Chances are, given the way the global community is now suffering from its greed-infected wounds, he may not have long to wait. Despite all the technological advances, medical discoveries ... |
| | | | Nine out of ten major super funds have changed or plan to review their investment mandates to reflect climate change issues, a survey found. An Australian Institute of Superannuation Trustees (AIST) and Climate Institute survey found 95 per cent of ... |
| | | | The $223 million OAMPS Super has slashed its overall fees and implemented a new "tiered" structure that lowers fees as the balance of members' super accounts grow. OAMPS Super, which is part of the larger OAMPS group that has operations in Australia ... |
| | | | Vanguard Investments Australia has announced it will launch Exchange Traded Funds (ETFs) for Australian investors. The Vanguard Group is already a leading manager of ETFs in the US. Vanguard entered the US ETF market in 2001 and at the end of 2008 ... |
| | | | One of the country's largest super funds, AustralianSuper, is raising its admin fees by 50 per cent and is broadening its insurance cover, all in a bid to improve member services. All of the fund's members' accounts are now being charged $1.50 per week ... |
| | | | 'Under these circumstances, it's hard to understand how derivative traders at A.I.G. warranted any bonuses at all, much less US$165 million in extra pay. How do they justify this outrage to the taxpayers who are keeping the company afloat?' US President ... |
| | | | Lights out, please - Colonial First State is once again sponsoring Earth Hour as part of its commitment to being a sustainable company. CFS has been a key sponsor of the event since inception. As part of this year's Earth Hour exercise, the fund manager ... |
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