S&P Fund Services Rates North Protected Retirement Guarantee As 'Strong'

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S&P Fund Services has assigned its ‘Strong’ rating to the North Protected Retirement Guarantee (PRG). The rating reflects our view that the product is the superior guaranteed minimum withdrawal benefit... Read more continue reading

AFA: Sarah Riegelhuth takes on role as GenXt Chair

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The Association of Financial Advisers (AFA) has announced the 2011/2012 GenXt Committee, appointing financial adviser Sarah Riegelhuth from Wealth Enhancers as Chair. x Richard Klipin, the CEO of the AFA... Read more continue reading

S&P Assigns Three-Star Rating To MLC Global Property Securities Fund

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Standard & Poor’s Fund Services today removed from ‘On Hold’ and assigned its three-star rating to the MLC Global Property Securities Trust. We placed the fund ‘On Hold’ last year... Read more continue reading

New appointment for Lonsec’s Equity Research team

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As a result of growth in demand for specialised equity research, Lonsec has added another resource to its Equity Research team. x Nicholas Yaxley joined Lonsec in March 2011 to focus... Read more continue reading

FPA calls on Minister Shorten to recognise financial planning profession under law

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Minimum standards and legislative support benefits for all Australians x The Financial Planning Association (FPA) today called upon Assistant Treasurer and Minister for Financial Services and Superannuation Bill Shorten to... Read more continue reading

ASIC proposes major improvements in quality of prospectuses

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ASIC is proposing an overhaul of prospectuses that would make them much easier for retail investors to use and would improve the quality of information on the proposed business model and... Read more continue reading

Bendigo Wealth launched – A new era in wealth management at Bendigo and Adelaide Bank

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Bendigo and Adelaide Bank has announced the launch of Bendigo Wealth, a new wealth management division that will leverage off the bank’s high brand recognition and leading customer satisfaction ranking.... Read more continue reading

Survey supports risk-based model for property insurance for natural disasters – and some government involvement

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A survey of 420 actuaries shows that an overwhelming majority (73%) support retention of a risk-rated model for property insurance with opinion divided on whether there should be premium subsidies... Read more continue reading

Lloyds International: A global perspective on the local economy

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Lloyds chief economist on inflation, interest rates and the outlook for the Australian economy x The Australian economy will continue to grow rapidly in 2011 buoyed by the continuing resources... Read more continue reading