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20 August 2012 • By Samantha Hodge • 1 min read

APA raises bid on Hastings fund

APA has raised its bid on Hastings Diversified Utilities Fund and is prepared to waive a number of initial conditions.APA Group has increased its ...

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Longevity/annuities, poised for take-off

Increased life expectancy and the shift of baby boomers into retirement means the risk of investors outliving their fund has become a very real danger

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ASIC bans Lion Advantage chief executive

Financial services organisation Lion Advantage has had its AFS licence taken away by ASIC.ASIC has revoked the Australian financial services (AFS) ...

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Planning business numbers will fall: Centurion

Financial planning business numbers are expected to fall leading up to FOFA implementation, as smaller players merge with multi-ownersThe number of ...

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AMP posts $383m profit, expands footprint

Growth in profit and adviser numbers will allow AMP to further expand its advice footprint.AMP Limited's positive first half 2012 ...

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Investors treat alternative funds equally

Investors do not fully understand the alternative investment space and are relying on historical returns to pick funds.Australian investors are ...

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Managers prospect for shale returns

Fuel-hungry markets boost shales, but report warns on fugitive emissions.Fund managers are bullish on shale oil and gas, but an economist has warned ...

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Asset consultants lack risk skills: Milliman

Poor risk management skills demonstrated by asset consultants have been unhelpful to Australians entering retirement.Australians approaching ...

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BTFG addressing top adviser concerns

BTFG is focused on equipping its advice businesses for the post-FOFA world, its general manager of advice says.BT Financial Group (BTFG) is continuing ...

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SMSF innovation must cater to choice, control

Technological innovation in the SMSF market will be driven by the need for choice and control.The superannuation industry needs to quickly adapt to ...

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