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12 June 2014 • By Tim Stewart • 1 min read

Life insurance profits slump

The beleaguered life industry registered a net profit of $2 billion for the year to 31 March, down more than one third on the previous year, according ...

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Mining employers back FSC campaign

The Resource Industry Employer Group has joined the Financial Services Council’s (FSC’s) campaign to have default superannuation removed from modern ...

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Hyperion cautions investors on IPOs

Investors must focus on fundamental analysis when investing in initial public offers (IPOs) and avoid getting “carried away with positive market ...

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Bloomberg to offer Morningstar ratings

Morningstar’s credit research and ratings can now be accessed through the Bloomberg professional service. Subscribers to the Bloomberg Professional ...

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Market-cap index ‘too easy’ for active funds

The capitalisation-weighted index as a comparison for actively managed funds is “too easy” in periods where the average stock outperforms the market, ...

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DEXUS appoints non-executive director

Dexus Property Group has appointed Penny Bingham-Hall as a non-executive director to the board of Dexus Funds Management. Ms Bingham-Hall spent 20 ...

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Big data to take centre stage: Rubik

Better integration of big data, social networking and individual practice websites will form the future of financial services software, according to ...

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There are 'limits to regulation', says RBA

While financial regulation is increasing in the wake of the global financial crisis, that does not equate to "a desire to eliminate all risk", says ...

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Australian funds 'not attractive' overseas

The Australian financial services industry must align its compliance and tax regimes with international practice to capitalise on its reputation in ...

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Bridges picks up CUA financial planning arm 

Credit Union Australia’s financial planners will be brought under the IOOF umbrella, as aligned licensee Bridges Financial Services agrees to purchase ...

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