AustralianSuper welcomes launch of MoneySmart.gov.au

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Website will support consumers to make better financial decisions AustralianSuper today announced its support for ASIC’s new personal finance website MoneySmart, launched this afternoon by the Prime Minister, Julia Gillard. MoneySmart aims to help people make good financial decisions by providing free, independent and unbiased information, tools and motivation and is a key part of […]

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Credit: How Irish is Australia?

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Summary Ireland has gone from financial market darling to a challenging credit in the space of three years. With a similar concentrated banking system that has a high exposure to the property market, could Australia become another Ireland? The rapid rating decline of Ireland has various lessons for investors: not to rely on ratings; and […]

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White Paper: How important is Currency?

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Currency Background Currency markets are one of the largest and most liquid in the world. Economic variables like interest rates, economic growth, inflation and productivity are some of the drivers of currency movements making predicting currency difficult.  Extreme fluctuations in currency can have a meaningful impact on client returns and can also impact the ability […]

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‘Next Generation’ of financial advice shows industry the way ahead

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Leading wealth advisory firm Centric Wealth today announced an integrated new portfolio management approach that represents a step change in the delivery of professional financial advice in Australia. Years in development, the ‘Next Generation’ approach combines a robust investment philosophy and framework with quality advisers, expert research, investment personnel and strong supporting technology and systems. […]

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Super balances up but Australians remain cautious

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Superannuation balances are higher than peak 2007 levels for the first time, increasing 11.4% from $40,132 to $44,690, according to the latest AMP Retirement Adequacy Index. The AMP Retirement Adequacy Index used data for the six months to June 2010 from more than 328,000 AMP corporate superannuation customers. While overall super balances are up, reflecting […]

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What do financial planners want from industry reforms?

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It seems the people most effected by the proposed reforms of the financial advice industry have had very little say in what reforms are needed and how they should be implemented. Of course I am talking about the financial planning practitioners themselves. However, parties who’s sole interest is in seeing the destruction of the financial […]

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Life touches on the general

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The bad news was that my dishwasher broke down the other day. The motor went. The good news was that general insurance covers motor failure in fridges and dishwashers and the like. The really bad news was that my policy did not cover motor breakdown. The good news is that now I know, and now […]

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AvSuper sets new member service and engagement standards with end to end financial technology

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Member centric online calculator raises the bar for super industry Boutique super fund AvSuper has unveiled a sophisticated online calculator that sets new standards in member service and engagement via an intuitive and richly functional online tool. In the first three days of release, more than 10% of the Fund’s members had immediately logged on […]

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AMP technology makes risk easier for IFAs

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AMP has launched a new online risk premium quoting tool, easyquote, for independent financial advisers (IFAs) available through AMP’s Adviser Online service at www.adviseronline.amp.com.au. Easyquote will support all contemporary AMP retail risk products from 21 February 2011. Advisers will also soon be able to validate risk premium estimates for AMP products provided by XPLAN’s Risk […]

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Back to black: survey supports move to teach financial literacy in schools

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With financial literacy being added to the national school curriculum this year, RaboDirect’s nationwide survey of more than 2,000 people, confirms Australians have been heard when it comes to the need for early financial education.  According to the RaboDirect National Savings and Debt Barometer, 73% of Australians agree teaching financial planning in schools is a […]

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