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28 October 2016 • By Killian Plastow • 1 min read

US equity income still attractive: SSGA

The possibility of a US rate hike in December shouldn’t deter investors from investing in high-dividend paying US equities, according to State Street ...

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New 'retirement income' role needed

Superannuation funds should create a new 'chief retirement income officer' role that focuses on the return of money to investors in retirement, argues ...

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ASIC releases report on advice 'failures'

The corporate regulator has released a report on "financial institutions' and advisers' systemic failures" to provide ongoing advice services to ...

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Challenger annuities added to AMP platforms

AMP has added Challenger's suite of annuities to its investment and administration platforms. In a statement on the ASX this morning, Challenger ...

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NAB reports $6.48bn profit, holds dividend steady

The National Australia Bank has announced cash earnings of $6.48 billion for the full year ending September 2016, as well as an unchanged ...

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Inflation numbers surprise on the upside

The September quarter inflation figures were higher than expected, which could put paid to the prospect of a Melbourne Cup day rate cut, says AMP ...

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CBA subsidiary makes hybrid security offer

The Commonwealth Bank has announced a Tier 2 capital raise for its New-Zealand based subsidiary, ASB Bank, through the release of ASB Subordinated ...

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Northern Trust hires Asia fund services head

Custodian Northern Trust has announced the appointment of Caroline Higgins to head up its global fund services business in Asia. Ms Higgins, who ...

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Investor confidence stages recovery in October

October has seen investor confidence continue its upward trend from September and is nearing a neutral level, according to the State Street Global ...

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Investor fears hampering economic growth

Global economic growth is being constrained by investors' habitual fear of another financial crisis, according to Principal Global Investors

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