TAL delivers solid performance

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Life insurance company TAL Ltd (formerly known as TOWER Australia) delivered a solid performance over the year to 31 March 2012. In statements released by TAL’s ultimate Japanese parent, Dai-ichi... Read more continue reading

ASIC provides update on Trio

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ASIC has provided an update on the work relating to the collapse of Trio Capital. Enforcement ASIC has taken enforcement action on Trio against a range of gatekeepers. This includes directors... Read more continue reading

AFA: Cracking the Code of Consumer Confidence

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As the industry moves towards an era of greater professionalism, robust Codes of Ethics and higher educational standards are only the beginning, according to the Association of Financial Advisers (AFA).... Read more continue reading

Reserve Bank opts for actions over words

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The Reserve Bank Board cut the official cash rate by 25 basis points (quarter of a percentage point) to 3.50 per cent. The cash rate is at the lowest level... Read more continue reading

S&P rates BTIM’s Global Fixed Interest Fund as Four-Stars ‘NEW’

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Standard & Poor’s Fund Services today released its four-star ‘NEW’ rating on the BT Global Fixed Interest Wholesale Fund, managed by BT Investment Management (BTIM). The fund is rated in... Read more continue reading

Record cutback in investment plans

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New business investment rose 6.1 per cent in the March quarter, ahead of forecasts centred on a rise of 3 per cent. Spending on buildings rose by 10.5 per cent... Read more continue reading

Convincing case to cut rates again

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There’s not a lot of good news in the economy at present. The latest data showed profits, job ads and tourist arrivals all fell. The main piece of good news... Read more continue reading

Aussie Government bond yields at 64-year lows

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Australian 10-year bond yields fell to 2.848 per cent last night – the lowest yields since 1948.  What does it all mean? The last time that Australian long-term government bond... Read more continue reading

Forex and CFD traders should be concerned over Australian client money procedures

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ASIC has revealed that there is a large percentage of OTC derivative providers who are not following appropriate client money procedures. It is time to adopt more stringent rules which... Read more continue reading

Lonsec changes research process for index funds

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Lonsec will now rate index funds – including index managed funds and index-based Exchange Traded Funds – using a separate research process from that used to assess actively managed funds.... Read more continue reading