Risk averse retirees could face the sobering prospect of running out of money before they die given the current low returns on conservative assets.
The present ‘close to zero’ returns on cash in the US and UK means many retirees who are now consuming their nest eggs with …
Financial planning dealer groups have had a tough time over the past year, with adviser funds under advice dropping as quickly as a skydiver, but licensees have since become very adept at performing back flips.
AMP, a staunch defender of commissions for many years, recently told fund managers …
In the good times, the strength of the City of London, and in particular the banking sector, was seen as a positive.
Now, with the UK still, according to recent official statistics, mired in recession and negative growth, many fear that banking problems are holding the UK back.…
Industry gossip in Australia indicates the Rudd Labour Government has declared it wants a significant win in the financial services industry this year after a series of high profile collapses and other misdemeanours.
The consensus among the prognosticators is K-Rudd doesn’t care much about what the win is, …
The Australian banking and regulatory system is the envy of the Western world, some say, yet pundits argue that the big four banks are anti-competitive due to their market share levels.
The ACCC had little choice during the global crisis to allow two of the big banks to …
With Britain’s national debt interest ticking over at a rate of £6,017 per second the political agenda ahead of the upcoming general election is sharpening on cost cutting.
Traditionally political parties prefer to talk about spending rather than cuts – yet the national debt is so colossal that …
