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| | | The Association of Superannuation Funds of Australia (ASFA) has developed a new retirement standard, the ASFA Retirement Standard for Older Retirees, which outlines the expenditure required for Australians aged 90-95 to maintain a comfortable or modest ... |
| | | | This year has been another busy one for the financial servives industry. FoFA remained on the radar and the Financial System Inquiry has the potential to change things in a big way. The Financial Standard team takes a look at the issues that made waves ... |
| | | | Macquarie Group chief executive Nicholas Moore has topped the list of highest paid listed financial services company executive. According to figures compiled by the Australian Financial Review, Moore received a total of $13.1 million in 2014, up 48% ... |
| | | | Pension funds around the globe are going to ramp up their risk appetite, take big bets on alternatives, switch from being asset owners to asset managers and transform how they deal with external investment managers, reveals a major survey released by ... |
| | | | Brent oil up 4.0% to US$72.94 a barrel; WTI oil up 4.9% to US$69.36 a barrel. Is this it? Have we reached bottom oil? Is this the sliding slippery stuff's equilibrium price? Or just a dead feline bounce? As Bob Dylan would sing to you, "the answer my ... |
| | | | Magellan Financial Group has shifted Brett Cairns from the role of non-executive chairman to that of executive chairman, effective 1 January 2015. Cairns will also be appointed chairman of the group's main operating subsidiary Magellan Asset Management ... |
| | | | The cartel that controls 40% of oil production - the Organisation of Petroleum Exporting Countries (OPEC) - met and concluded their 166th meeting in Vienna, Australia last night. The conclusion: "...in the interest of restoring market equilibrium, the ... |
| | | | The Australian market looks set to open lower after the OPEC oil cartel decided not to cut output despite a supply gut and falling crude prices. At 0825 AEST on Friday, the December share price index futures contract was down 17 points at 5,397. Wall ... |
| | | | The Australian market looks set to open flat following a lacklustre performance on Wall Street after the release of disappointing economic data. At 0908 AEST on Thursday, the December share price index futures contract was unchanged at 5,407. The US ... |
| | | | As a student of economics, I've heard about John Maynard Keynes' 'Paradox of Thrift', David Ricardo's 'Ricardian Equivalence Theory', A Alan Greenspan's 'Interest Rate Conundrum' (which appears to be making a return performance in the US) and of course ... |
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