AMP cuts fees for its flagship MyNorth wrap platform

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AMP has announced a series of fee reductions to its flagship MyNorth wrap platform, benefiting more than 85,000 clients. The reductions will provide significant savings for existing and new superannuation,... Read more continue reading

Aussie housing wealth falls; Sydney home sales activity hits 15½-year low

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Home prices; Consumer sentiment; Reserve Bank Board minutes Home prices: The Bureau of Statistics reports that Australian home prices fell by 2.4 per cent in the December quarter to stand... Read more continue reading

Equity Trustees releases report on $87 million of giving

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Leading trustee provider of philanthropy funding, Equity Trustees, today released a much-anticipated report containing analysis of $87 million of philanthropic granting and bequests overseen by the Company in the 2018... Read more continue reading

Royal Commission Response – Claims as financial service

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The recommendation to regulate claims handling as a ‘financial service’ impacts both general insurance and life insurance, although this analysis is limited to general insurance. The change may be more far-reaching... Read more continue reading

New partners join Future IM/Pact campaign as industry rallies to boost diversity

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Future IM/Pact has signed two new partners ahead of its first major student networking events for 2019 happening in Sydney and Melbourne this week. Challenger Limited and Macquarie Securities are... Read more continue reading

Brisbane petrol prices hit 4-month highs – Diesel prices at 13-week highs

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Weekly Petrol Prices Petrol: According to data from the Australian Institute of Petroleum, the national average price of unleaded petrol rose by 4.1 cents in the past week to 134.6... Read more continue reading

Lonsec awards ‘Recommended’ rating to Allianz Retire+ Future Safe

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Independent investment research house, Lonsec, has awarded Allianz Retire+ ‘Future Safe’ a ‘Recommended’ rating*.  Future Safe is the first in a new breed of retirement solutions that will transform how advisers... Read more continue reading

Smaller companies are higher beta, but they need not be

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From time to time, the market reminds us of the inherent volatility of equities as an asset class. The December quarter of 2018 was a clear example of this, with... Read more continue reading

Pengana Private Equity Trust IPO exceeds minimum

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Pengana Capital Group Limited (ASX: PCG), is pleased to announce that the minimum offer proceeds of $100 million for the Pengana Private Trust (ASX: PE1[1] the ‘Trust’) have been surpassed... Read more continue reading

Weekly market update – week ending 15 March, 2019

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Investment markets and key developments over the past week Global share markets rose over the last week helped by benign economic data. Australian shares slipped though with consumer and financial... Read more continue reading