Reserve Bank keeps powder dry

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Reserve Bank Board meeting The cash rate has left at a record low of 2.25 per cent. The door has been left open to another rate cut. What does it... Read more continue reading

Local Government Super appoints new Chair and two new Directors

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Local Government Super (LGS) has appointed Craig Peate as the Chair of the Board, replacing Bruce Miller following the conclusion of his two-year term. Mr Peate, an existing Director, brings... Read more continue reading

Weekly market update – week ending 2 April, 2015

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Investment markets and key developments over the past week Share markets were messy and mixed over the last week with US shares down on some soft economic data, Australian shares... Read more continue reading

Reserve Bank keeps powder dry

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Reserve Bank Board meeting The cash rate has left at a record low of 2.25 per cent. The door has been left open to another rate cut. What does it... Read more continue reading

Aussie equities manager says limiting volume of inflows essential to ensure ongoing outperformance

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Boutique Australian equities fund manager, Hyperion Asset Management, announced that it will close its institutional business to new inflows. In addition, Hyperion will soft close its retail funds – meaning... Read more continue reading

Financial services sector in transition prompts spike in demand for M&A skills

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Sweeping legislative change, rising equity markets and interest from US private equity groups has seen ownership structures in Australian financial services in a state of flux, with the effect felt... Read more continue reading

Westpac launches Australian ‘first’ – fingerprint sign-in for iPad banking app

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Westpac customers will be able to use fingerprint sensor, known as Touch ID, to securely sign in to Westpac’s new digital banking platform Westpac Live on their iPads – an... Read more continue reading

Senior industry figures join Findex Group investment committee

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The Findex Group, one of Australia’s largest financial services and accounting groups, announced the appointment of two senior industry figures to the Group’s investment committee, which independently mandates the Group’s... Read more continue reading

What is risk in investing?

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Key points Risk is often portrayed as just market volatility when in reality it’s a whole lot more, notably: the risk of capital loss; the risk of not having enough... Read more continue reading

Lonsec launches game-changer tools for advisers

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Leading research house Lonsec yesterday launched a new series of financial product ratings tools called BIOmetrics, which will allow financial advisers to better select and manage financial products to suit consumers’... Read more continue reading