Friday 30 Jul, 2010Today's News

Millennium3 withdraws FPA membership

09:55 AM | ANZ-owned dealer group Millennium3 Financial Services has withdrawn its principal membership of the Financial Planning Association.


Industry funds acknowledge collateral damage

09:50 AM | Several industry fund executives have acknowledged the industry fund's war on commissions has caused collateral damage to financial advice and hurt the ability of super funds to promote in-house advice to members.



Macquarie Group cautious on outlook

09:45 AM | Macquarie Group has hinted at market caution following the publication of its June 2010 quarter results.


Experts claim double-dip scenario unlikely

09:40 AM | The world economy is not expected to experience a double-dip recession, but is likely to hail a new period of low global growth, according to investment experts Paul Taylor from Fidelity International and UBS Wealth Management's George Boubouras.


Hanrahan appointed ASIC's regional commissioner for Queensland

09:35 AM | Dr Pamela Hanrahan has been confirmed as the Australian Securities and Investments Commission's (ASIC's) newly appointed regional commissioner for Queensland.


Choose India over China, says Ferguson

09:30 AM | Renowned Harvard-based economic historian Niall Ferguson believes Western investors are far better off spending in India than China, in terms of market sustainability and social structure stability.


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Product News

Free IBISWorld Industry Report

22 July 2010 | How is your industry tipped to perform this financial year? What about the industries you’re investing in? To help you get in the KNOW, IBISWorld is offering Money Management subscribers the chance to download an in-depth IBISWorld Industry Report – valued at $795 – for FREE.


Commonwealth Bank Protected Loans. Take margin calls out of the equation.

15 June 2010 | Help your clients invest in the share market, with the added security of capital protection. Not only will your clients enjoy the confidence of never receiving a margin call, they’ll also benefit from significant tax advantages and a product that’s flexible to their needs.


May 2010 Asteron Lifeguard update

3 June 2010 | Life insurance specialist, Asteron, announces a world insurance first for healthy lives and a range of enhancements designed to help advisers grow their business and provide real value to their clients. - Healthy Plus Option - Loyalty Funeral Benefit


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