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Showing 1051 - 1060 of 1727 results for "Provisio"

Administrators fined over 'free ' SMSF set up claims

STAFF WRITER  |  TUESDAY, 12 AUG 2014
The Australian Securities and Investments Commission (ASIC)A has ordered a self-managed superannuation fund (SMSF) administration service provider to pay an infringement notice penalty after claiming its service was free. Your Super Accountant has paid ...

Bravura promotes exec to CIO role

MARK SMITH  |  TUESDAY, 12 AUG 2014
Bravura Solutions has promoted head of IT and hosting services Terry McCann to the role of chief information officer (CIO) with a global remit. The company said the move follows increased interest in its managed service offering from across the Asia ...

Future Fund posts 13.9 pct return

STAFF WRITER WITH AAP  |  MONDAY, 4 AUG 2014
The Future Fund, the sovereign fund set up to pay future commonwealth public servant superannuation liabilities has topped $100 billion and declared its long term investment returns. The Future Fund's provisional results for the 2013-14 financial year ...

Brogden rejects cross-selling enticement fears

JAMES FERNYHOUGH  |  TUESDAY, 29 JUL 2014
Banks would not legally be able to offer incentives to business bank clients to entice them into their MySuper products, the Financial Services Council has said. The statement came in response to claims from Industry Super Australia that, in the event ...

Regulators relaxed about social media: IOSCO

STAFF WRITER  |  FRIDAY, 25 JUL 2014
The International Organsation of Securities Commissions (IOSCO) has just released research into how regulators around the world are permitting the use of social media as part of the advice channel. The survey was conducted during 2013 and focused heavily ...

Government succeeds in securing final FoFA changes

LAURA MILLAN  |  WEDNESDAY, 16 JUL 2014
The government's deal with the Palmer United Party (PUP) means that the proposed changes to the Future of Financial Advice (FoFA) legislation are set to go through. The final changes include the removal of the opt-in requirement, which asked clients ...

Demographic shift injects growth into healthcare property investment

MARK SMITH  |  FRIDAY, 11 JUL 2014
Hospitals, medical centres and aged care facilities are proving an attractive means for investors to benefit from Australia's ageing demographic story, according to Australian Unity Investment's general manager Mark Pratt. The property expert, who is ...

Intra-fund advice exemptions in doubt

JAMES FERNYHOUGH  |  TUESDAY, 8 JUL 2014
Industry super funds could face stricter rules around block charging members for financial advice if the Senate blocks the amendments to the Future of Financial Advice (FoFA) reforms, Finance Minister Mathias Cormann has said. Singling out exemptions ...

EQT completes ANZ Trustees acquisition

STAFF WRITER  |  MONDAY, 7 JUL 2014
Equity Trustees (EQT) has completed the acquisition of ANZ Trustees for $150 million, which has boosted ET's total funds under management to $40 billion. As part of the agreement, EQT and ANZ have entered into a strategic relationship for five years ...

ISA FoFA report sparks industry outrage

LAURA MILLAN  |  MONDAY, 7 JUL 2014
Industry Super Australia (ISA) report 'Commissions by Another Name' has sparked outrage among some industry stakeholders, which have labelled it as wrong, inaccurate and misleading. "Consumers are being misled by a scare campaign on [the Future of Financial ...