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Tax reforms bolster local funds management
MEDIA RELEASES  |  THURSDAY, 20 JAN 2011
Fund managers praise the Government's move to align Australia's tax treatment of investment income of foreign funds alongside international practices. The minister for financial services, Bill Shorten said the changes will make it more likely ...
AUI increases redemption levels for mortgage fund
MEDIA RELEASES  |  FRIDAY, 27 AUG 2010
Australian Unity Investments has increased the regular monthly withdrawal facility of the AUI Mortgage Income Trust, offering 3 per cent of the trust for withdrawals each month. The increase is effective from 25 August 2010 and investors can set up ...
CommInsure and Zurich win insurance awards
MEDIA RELEASES  |  FRIDAY, 13 AUG 2010
CommInsure has won 'Life Insurance Company of the Year' award while Zurich Financial Services Australia won the 'Treasurer's Award for Good Governance and Practice' at the 2010 Australia and New Zealand Insurance Industry Awards. The awards, in its ...
AFAC and APESB launch fresh debate on fiduciary duty
MICHELLE BALTAZAR, MEDIA RELEASES  |  MONDAY, 19 JUL 2010
... who use financial advisers want choice on how they remunerate their planner. "In fairness to the APESB, I think we should have that discussion directly with them rather than going through the issues and the arguments on the media front," he said.
Jana and Frontier add to ranks
MEDIA RELEASES  |  TUESDAY, 29 JUN 2010
Asset consultants Frontier Investment Consulting and Jana Investment Advisers have added new staff, including specialists and consultants, to their investment teams. Frontier Investment Consulting has appointed two more analysts to its consulting ...
ACCC blocks NAB bid for AXA, backs AMP
MEDIA RELEASES  |  TUESDAY, 20 APR 2010
The Australian Competition and Consumer Commission (ACCC) has blocked the NAB bid, citing concerns about competition between retail investment platforms if NAB and AXA merged, but said it won't oppose the AMP bid. "At the heart of the ACCC's ...
Storm enters liquidation
MEDIA RELEASES  |  FRIDAY, 27 MAR 2009
Worrells Solvency and Forensic Accountants starts the process of recovering money on behalf of Storm Financial creditors after the Federal Court placed the firm into liquidation. Following yesterday's decision Storm Financial's appointed ...
Boutiques hire ex-Macq BDMs
MEDIA RELEASES  |  MONDAY, 16 FEB 2009
Boutique firms Instreet and Integrity Investment Management have appointed ex-Macquarie Bank business development managers to similar roles in their respective businesses. Instreet hired Gabriel Carey and Susanne Bransgrove as senior business ...
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