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| | | Superannuation funds need to readjust their view of fixed interest to see its potential as a pre-retirement asset class and its complexities. Dr Doug McTaggart, chief executive of QIC, said that rather than super funds thinking about fixed interest ... |
| | | | Australian stocks have opened flat, in defiance of a positive finish on Wall Street. At 1029 AEDT, the benchmark S&P/ASX200 index was up 3.6 points, or 0.08 per cent, at 4,281.4 points, while the broader All Ordinaries index had risen 4.7 points, or ... |
| | | | As the dust settles on yesterday's FOFA start date announcement, the financial planning industry has pledged to keep pushing for changes to elements of the planned legislation. Leading the charge from the Opposition benches is shadow assistant Mathias ... |
| | | | ... benefit significantly from their experience and understanding of the investment environment and trends that affect fixed interest as well as investment markets generally," said Bill Bovingdon, chief investment officer, Altius. Stammer was previously ... |
| | | | They just keep on coming. One after another, they're rolling in. Exactamondo Virginia! More upside surprises came out of Uncle Sam's country last night. Better days are getting happier. Happy days are getting better. Wall Street is happy and it knows ... |
| | | | Global investment banking giant Goldman Sachs has hit back at the views of former executive director Greg Smith, who slammed the firm in a strongly worded resignation letter published in the New York Times. The former head of US equities in Europe ... |
| | | | The Senate Economics Legislation Committee has released its report on the future of financial advice bill recommending passage subject to nine recommendations. The report was tabled in Parliament yesterday, with the House of Representatives debate due ... |
| | | | Unions and super associations have responded to comments from Opposition leader Tony Abbott who blasted union involvement in industry super funds. According to The Australian, Tony Abbott reportedly called industry super funds gravy trains for union ... |
| | | | ... and with the SMSF industry continuing to grow it makes sense to expect that managed accounts will increasingly gather interest from investors, especially among those who are planning for retirement," said Stewart. Damian Graham, head of Macquarie Private ... |
| | | | ... elements of the legislation, including retrospective additional disclosure statements. "We believe it is in the best interest of consumers and planners not to rush the reforms through and to have a sensible implementation timeframe and we're still calling ... |
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