Make sense of managed funds

It's an $882 billion industry with thousands of investment options, so getting started can be a daunting choice for beginners. Here's how you do it:


35,000 jobs at risk as advice reforms bite

Amid predictions of job losses in the banking industry as credit growth slows, senator Bernie Ripoll's Parliamentary Joint Committee into the Future of Financial Advice (FoFA) legislation hearing yesterday fielded protests from a number of industry b


Small-town millionaires grab attention of big brands

HNWIs are people with $1 million in investable assets. Their total wealth has climbed by more than 14 percent since 2007 despite the financial crisis in 2008. In Asia-Pacific, their ranks swelled by 9.7 percent in 2010.


Bullion updates in China

The bank's co-head of Asian economics now forecasts another three cuts to China's banking reserve requirements by July, inviting lenders to keep back less of the money they take in deposits and so boost growth in credit.


Mercer Advisors selects new portfolio accounting service partner

The synergy of the partnership will lead to a truly customized back office solution that supports Mercer Advisors' continued business growth and development. The partnership further supports future expanded collaboration between the two firms.