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NZ planners regs improve fee transparency

... advisers will now be required to provide up-front disclosure of fees and remuneration, including commission, from February 29 next year. Over the period, the Securities Commission will implement its education program targeted at investment advisers. ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 5 DEC 2007
... slashed its earnings outlook for Wall Street banks. Investors turned cautious as the focus shifts to the Federal Reserve's next rate-setting policy meeting on December 11. At the close, the Dow Jones industrial average was down 60.07 points, or 0.48 ...

Market wrap - midday

AAP  |  TUESDAY, 4 DEC 2007
... CMC Markets senior dealer Dominic Vaughan said the market would continue to be subdued and relatively nervous until early next week as it awaits the release of key economic data. Today, the Reserve Bank of Australia is meeting to discuss interest rates. ...

ANZ appoints ex-MLC as FP chief

MICHAEL HOBBS  |  TUESDAY, 4 DEC 2007
... havenoregrets.com.au to encourage more Australians to proactively manage their finances. Logan starts his role in January 7 next year.

AMP grants $100,000 to Future2

MICHAEL HOBBS  |  MONDAY, 3 DEC 2007
... foundations to complement their efforts. Future2 announced two $10,000 grants to Queensland and Victoria that will come into effect next year. The Queensland based Search Light project, Future2 Financial Success, aims to develop financial and life skills ...

Fujitsu spices up competition

Fujitsu Consulting has flagged plans to become a major player in the financial services sector next year, following its acquisition of local consulting business Chartres Business Solutions. As part of its expansion, the group has appointed ex Gartner ...

The golden age of SMSFs

MICHAEL HOBBS  |  FRIDAY, 30 NOV 2007
The post retirement sector is expected to grow at 27 per cent in the next five years, with the self managed super funds (SMSF) sector set to grow at nearly twice that rate, according to Andrew Gale, partner at Trowbridge Deloitte. Speaking at the Financial ...

iMap spearheads MA education

... 2008. Speaking at the final briefing session this year, iMap member Adam Dawes outlined an education program due to begin next year that is designed to help financial advisers understand and incorporate managed accounts (MA) in their client's portfolio. ...

Market wrap - midday

AAP  |  THURSDAY, 29 NOV 2007
... there have rallied by almost three per cent on expectations the Federal Reserve will move to cut rates again in the US in the next month," Ms Saly said. "We had triple digit gains on our market at open. "We're seeing good gains across the whole board ...

Christian Super appoints chief

... Christian Super in June this year citing career reasons. Taking on his role is Peter Murphy, who will start work in February next year. Murphy spent his early work life within the funds management team at Macquarie Bank where he looked after investment ...