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Showing 1081 - 1090 of 2042 results for "EIT"

Advice demand up as direct investment grows

LAURA MILLAN  |  WEDNESDAY, 8 JUL 2015
A growing number of direct investors will drive an increase in demand for financial advice, the latest ASX Share Ownership Study revealed. The study showed that Australians continue to be among the world's largest share owners, with 36% or 6.48 million ...

PROFILE: Stanford Brown chief executive Jonathan Hoyle

ALEX BURKE  |  THURSDAY, 2 JUL 2015
There are two things that arguably led Jonathan Hoyle to where he is now: Michael Lewis's autobiography, Liar's Poker, and the sight of fresh blood. The chief executive of Stanford Brown was 20 years old and studying biochemistry when he picked up a ...

Forward-thinking advisers benefit from opt-in deadline

ALEX BURKE  |  WEDNESDAY, 1 JUL 2015
ASIC's "facilitative approach" to the Future of Financial Advice (FoFA) opt-in and fee disclosure statement requirements ends today, but forward-thinking practices have nothing to worry about. The deadline was originally June 30, 2014, but it was extended ...

Spring FG adds DomaCom to APL

STAFF WRITER  |  WEDNESDAY, 1 JUL 2015
DomaCom has been added to Spring Financial Group's approved product list (APL), which will allow advisers access to its property fund. "The DomaCom Fund is an innovative solution that opens property investing to a wide audience of investors who either ...

An ordinary trading day on D-day

BENJAMIN ONG  |  WEDNESDAY, 1 JUL 2015
D-day 30 June 2015. It came, it went... but just like the "end of the world" prophesied by every other religious sect (almost forever) the sky did not fall on this day as financial markets did 'not' fear. Yes Virginia, did NOT fear. Despite the 'chicken ...

NAB Wealth appoints Apogee GM

DARREN SNYDER  |  TUESDAY, 30 JUN 2015
The new general manager of Apogee Financial Planning will be Brendan Johnson, NAB Wealth confirmed today. Johnson brings 17 years of experience across financial planning, practice management and compliance fields. Since joining MLC in 2002, Johnson ...

Investors pretending there's value in the market

MARK SMITH  |  FRIDAY, 19 JUN 2015
Investors are wrongly convincing themselves there is still value in an overpriced equity market, a top performing fund manager says. Ben Leyland, senior fund manager at BT Investment Management-owned investment house J O Hambro and manager of the London-based ...

Westpac to raise capital by divesting BTIM stake

LAURA MILLAN  |  TUESDAY, 16 JUN 2015
Westpac Group will sell half of its stake in BT Investment Management (BTIM) to institutional and retail investors in a move that will raise up to $700 million and bolster its capital position. Westpac will reduce its stake in the funds management business ...

Trio liquidators deny deregistering fraud fund

ALEX BURKE  |  MONDAY, 15 JUN 2015
PPB, the liquidators assigned to the Astarra funds following the 2009 collapse of Trio Capital, have denied rumours they will deregister the Astarra Strategic Fund on June 17. The Astarra Strategic Fund was the primary vehicle, along with the ARP Growth ...

Almost everyone got a bonus this year, report reveals

MARK SMITH  |  THURSDAY, 11 JUN 2015
Asset managers and insurance professionals were most pleased with their bonuses in 2014/15, according to the recently published Morgan McKinley's Bonus Survey. Almost all financial services professionals received a bonus in 2014/15, with 41% getting ...