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| | | Panicked bear-phobic investors and a dodgy database sent our market half way to a crash just before 2pm yesterday in one of its biggest losses in seven years. Not officially a Bear market, yesterday's mauling still managed to erase all of the gains ... |
| | | | Thanks to recent changes in superannuation laws, 55 per cent of all self managed super fund (SMSF) trustees now use planners, up from a third in December 2005, according the latest AMP/Investment Trends Self Managed Super Funds: Investor and Planner ... |
| | | | Commonwealth Bank is reviewing plans for the transformation of CommSec, its equity and funds brokerage business, into a full service financial institution. CommSec is one of the jewels in the crown at CBA, a point underlined by its strong contribution ... |
| | | | The extra tax burden of active investing could cost up to $38,000 for a top marginal tax bracket investor with $500,000 in investments, according to Vanguard research. Vanguard's head of retail Robin Bowerman said that while super funds enjoyed concessional ... |
| | | | The Australian market is expected to open with sharp losses, as weak base metal prices and the slide on Wall Street take their toll. At 0700 AEST, on the Sydney Futures Exchange, the September Share Price Index was down 79 points at 5702. In Economic ... |
| | | | Planners dreading the logistical nightmare of providing a fee-for-service option to clients can rest easy after IT services provider DMS developed what it claims is the first ever software solution that fully automates fee-for-service payments. It took ... |
| | | | Despite continuing market turbulence, there are no fasten safety belts signs to observe as Australia's economic and corporate performance indicators remains strong. CommSec is optimistic regarding this reporting season, "Certainly in a big picture sense ... |
| | | | Industry reaction to the recent joint parliamentary committee report on the superannuation industry has been mixed, with shelf space fee-charging operators against the proposals while others sided with the report. Doug Chang, head of product at Macquarie ... |
| | | | Citi and JPMorgan have launched new products designed for retail investors who want to continue buying equities, despite the ongoing credit-led market fallout, as long as their initial capital is protected from any further market downswing. Citi has ... |
| | | | Nothing like a good cash injection to stabilise ailing equity markets, or in the Bank of England's case, offering the patient a drip but at a price. Equity markets suffered another bumpy ride on Friday night with the Dow roller coasting again, dropping ... |
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