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Showing 81 - 90 of 260 results for Claire McGreal

Intersuisse/ Austock securities buyout goes ahead

CLAIRE MCGREAL  |  FRIDAY, 10 FEB 2012
Singapore- backed Intersuisse Holdings has successfully purchased the securities arm of the Austock Group after nearly two months of talks, resulting in a number of management changes. Austock Group chief executive and former head of Bank of America-Merill ...

Best interest to put focus on risk: Instreet

CLAIRE MCGREAL  |  FRIDAY, 10 FEB 2012
The contentious best interest clause in the FOFA legislation will place more of an onus on advisers to prove they are experts on the products they recommend to clients. That's according to asset management firm Instreet Investment, which has developed ...

Trio super victims receive compensation

CLAIRE MCGREAL  |  WEDNESDAY, 8 FEB 2012
More than $54 million in compensation is set to be pumped into the super accounts of over 5,000 people whose retirement savings were defrauded in the collapse of Trio Capital from today. The government is granting the financial assistance to members ...

New tax proposals aim to consolidate lost super

CLAIRE MCGREAL  |  WEDNESDAY, 8 FEB 2012
New tax laws being recommended to Parliament look set to benefit people who have rediscovered lost super balances in various funds. The House of Representatives economics committee is urging MPs to adopt the bill, aimed at simplifying super consolidation ...

Credit Suisse asset management appoints new recruit

CLAIRE MCGREAL  |  WEDNESDAY, 8 FEB 2012
Evan Reedman has been appointed Credit Suisse's new head of consultant relationship for asset management in Asia Pacific based in Melbourne. Reedman comes from QIC where he was director, lifecycle strategies and also worked at JANA Investment Advisers ...

Colley departs OnePath for SPAA

CLAIRE MCGREAL  |  WEDNESDAY, 8 FEB 2012
OnePath's head of technical sales strategy Andrew Lowe will cover the position of national technical manager Graeme Colley following his departure, the company has told Financial Standard. Colley is leaving OnePath after more than 10 years to take up ...

Cutting super tax breaks unwise: SPAA

CLAIRE MCGREAL  |  TUESDAY, 7 FEB 2012
The Self Managed Super Fund Professionals' Association of Australia has weighed into the industry debate on the Greens' call to raise the superannuation tax for high income earners. Green leader Bob Brown yesterday proposed a scaled tax on super contributions ...

CFSGAM secures $1.3 billion UniSuper mandate

CLAIRE MCGREAL  |  TUESDAY, 7 FEB 2012
Colonial First State Global Asset Management has been chosen by UniSuper to manage its $1.3 billion domestic fixed interest portfolio. The mandate is made up of government and semi-government bonds and was secured by competitive tender. Colonial First ...

FOFA debate due after PJC report: Shorten

CLAIRE MCGREAL  |  MONDAY, 6 FEB 2012
Assistant Treasurer Bill Shorten has confirmed FOFA legislation won't be debated by MPs until after the Parliamentary Joint Committee has delivered its report and recommendations on the bill. Opposition spokesman on Financial Services Mathias Cormann ...

Adviser numbers to remain stable post FOFA: Rice Warner

CLAIRE MCGREAL  |  MONDAY, 6 FEB 2012
Adviser numbers are set to remain steady post FOFA, with average adviser income expected to rise to $260,000 per year by 2026, according to the latest research from Rice Warner. The report, commissioned by the Industry Super Network, is the updated ...