Gen Ys most keen on intra-fund advice

The 2014 CoreData Member Engagement Report revealed that more than one in three of total respondents (36.4%) have not used their fund's advice services, but plan to reconsider this.


UBS eyes $23b capital hit to big banks

In more bad news for the major banks, UBS says David Murray’s financial system inquiry will likely force them to raise a substantial $23 billion of new common equity tier-one capital