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Daily Economic Update

... confidence and stronger exports prompted the Ifo Economic Research Institute to raise its German GDP growth forecast for next year from 1.2 per cent to 1.7 per cent. The increased forecast adds to signs that growth in Europe has recovered from a slowdown ...

Franklin Templeton ushers 2006 with new chief

... Investments Australia managing director John Gall will hand over the reins to Maria Wilton from BT Financial when he retires early next year. Wilton will succeed Gall who became managing director of Franklin Templeton Investments (FTI) in 2001. Prior ...

Easy gains over and volatility ahead, warns Oliver

... very potent weapon in interest rates. It saw that earlier this year, and that will make them more cautious of doing it again next year."

IFSA get set to push product rationalisation

Product rationalisation is high on the agenda for IFSA next year, with estimates that if the reforms it suggests are successful it will save the industry between $120 million and $350 million a year in compliance costs. IFSA's December 2005 report outlines ...

Zurich to launch Life Risk Factory

... McKee declined to give further comment on the proposed platform due to commercial sensitivities but said it will be available next year. Called the 'Life Risk Factory', McKee described the platform as having "the right products, the right distribution ...

Aon first diversified group to get RSE

... first Australian group to be granted an RSE licence from APRA's diversified institutions group, ahead of the June deadline next year. Aon's managing director in Australia, Stewart Fotheringham, said the licensing underscores their ability to manage a ...

Hall Chadwick passes the baton

... association Hall Chadwick announced that current national chairman Geoff McDonald is to hand over the chair role to David Kenney next year. Kenney is a tax and corporate partner for Hall Chadwick with a strong property and international client base. ...

Super splitting to go ahead in new year

... four years ago, with many superannuation funds well prepared to accommodate member's taking up the measure from January 1 next year. "Many of our members are well advanced in preparation to make super splitting available in the new year." The new legislation ...

Future Fund open to alternatives

... conflicting views about the risk, return and transparency characteristics of the industry. Ivey said AIMA will hold a forum next year designed to address just that and debunk commonly held misconceptions.

Art of giving high on the agenda

Philanthropy consultant Enrich Australia is to launch 'Profitable Giving' early next year, an educational guide that gives financial planners a roadmap on philanthropy, now a $5 billion a year industry. The group will also run a series of workshops ...