AMP’s new wealth protection offer digs deep for miners

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AMP has announced upgrades to its award winning insurance offer, Elevate, with a focus on improvements for people working in the mining industry.  The enhancements, which go live on 21... Read more continue reading

S&P places Three-Star ‘NEW’ rating on Swita International Asset Allocation Fund

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Standard & Poor’s Fund Services today announced its three-star ‘NEW’ rating on the Swita International Asset Allocation Fund. The strategy is rated in the S&P Alternatives Multi-Asset Multi Strategy peer... Read more continue reading

AMP Bank reduces interest rates across all variable rate home loans

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AMP Bank has reduced its interest rates for new and existing customers across all variable rate home loans by 35 basis points. The AMP standard variable home loan interest rate... Read more continue reading

Door opens for Chinese stimulus

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Chinese consumer prices fell by 0.1 per cent in April, dragging annual inflation down from 3.6 per cent to 3.4 per cent. Producer prices rose by 0.2 per cent in... Read more continue reading

Lighthouse Partners fund awarded top place in its category

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Lighthouse Partners’ HFA International Shares Fund (ISF) took out the top spot in the long/short category at the 2012 Money Management/Lonsec Fund Manager of the Year awards. Commended for its... Read more continue reading

Weekly economic & market update

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The “risk off” tone in global financial markets continued over the last week following swings to the left in French, Greek and even German (regional) elections and worries that Spain’s... Read more continue reading

Australia outperforms the world

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What a sweet set of numbers! Back to back monthly job gains and the unemployment rate sliding to a one-year low. The latest employment figures provide a great deal of... Read more continue reading

AMP Limited reports first quarter cashflows and AUM

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AMP Limited has reported cashflows for AMP Financial Services (AFS) and AMP Group assets under management (AUM) for the first quarter to 31 March 2012. AFS net cash outflows were $292... Read more continue reading

S&P removes from ‘On Hold’ & rates three OnePath Australian Equities Trusts

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Standard & Poor’s Fund Services has announced ratings for three OnePath Trusts previously rated ‘On Hold’. The OnePath Australian Shares Trust and the OnePath Select Leaders Trust were assigned four-star ‘NEW’... Read more continue reading

Budget fails to incentivise Aussies to save: savings tax scrapped

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Aussies looking for a reason to save have been dealt another blow with last night’s budget, which failed to deliver the savings tax windfall promised two years ago. Savers were... Read more continue reading