Principal Global Investors appoints Peter Smyth as Chief Operating Officer and Head of Product

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Principal Global Investors, LLC, a leading global asset manager and a member of Principal Financial Group®, today announced the appointment of Peter Smyth as Chief Operating Officer and Head of... Read more continue reading

Reserve Bank exhibits quiet confidence

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The Reserve Bank Board has left the official cash rate at 3.50 per cent for the second straight month. The variable housing rate is applying modest stimulus to the economy... Read more continue reading

ASIC to launch consumer and financial literacy package for primary teachers

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ASIC will join teachers and education leaders this week for the launch of the MoneySmart Teaching Primary professional learning package – a new resource to help teachers deliver consumer and... Read more continue reading

The CommSec iPad Index: Aussie dollar too dear?

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Over time we have modified the index to keep pace with changes in products such as the iPod touch, iPad2 and the “new iPad”. This update looks at the pricing... Read more continue reading

SPAA holds firm on SMSF legal options and overselling claims

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Recent allegations that trustees of self managed super funds (SMSFs) have no recourse against fraud and theft are simply not true, says the SMSF Professionals’ Association of Australia (SPAA).  SPAA... Read more continue reading

Volatility needs active management to avoid lower returns

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Volatility strategies designed to combat the gyrations in equities markets need to be actively managed to ensure investors can reduce their losses when markets fall without sacrificing overall returns, van... Read more continue reading

Newton looks to the emerging markets for equity income

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There are now more dividend-paying companies in the emerging markets than there are in developed markets, says Newton’s Sophia Whitbread  The dividend pay-out ratio in emerging markets has proved to... Read more continue reading

Weekly economic & market update

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Both the Fed and the ECB disappointed markets with a lack of immediate action. However, both promise of action to come if needed, so its not nearly as bad as... Read more continue reading

AFA: a solid first step – FSC Life Insurance Framework

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The Association of Financial Advisers (AFA) thanks the Financial Services Council (FSC) for raising the issue of a sustainable insurance industry with the delivery of a life insurance framework. “A... Read more continue reading

Performance over time will still beat market volatility

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Investors’ continuing focus on short-term market volatility is bound to hurt their long-term wealth creation strategies, says Shaun Manuell, chief investment officer at Equity Trustees Limited (EQT).  “It is disconcerting... Read more continue reading