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Showing 11821 - 11830 of 18276 results for "Plan"

Countplus float buoys half-year profits

ALISON BEVEGE  |  TUESDAY, 22 FEB 2011
Financial planning group Count Financial has more than doubled its net profit for the half-year to December thanks to the recent float of Countplus, it announced today. Count Financial's net profit after tax (NPAT) grew by 212 per cent on the previous ...

Bennelong shuts global equities fund

MATT WOODINGTON  |  TUESDAY, 22 FEB 2011
... leaving the Bennelong SGI Global Equities Fund redundant. The fund was suspended on February 10 while Bennelong considered a plan for investors. "Following an efficient review of the Trust's position and consideration of the uncertainty surrounding the ...

ANZ nabs Paul Barrett from CFS

ELISE BURGESS  |  TUESDAY, 22 FEB 2011
... management for Fiducian Portfolio Services. Barrett will report to ANZ Wealth Managing Director John Van Der Wielen. "We plan to aggressively grow our wealth business in Australia so it's pleasing to appoint somebody of Paul's calibre to lead advice ...

Proposed reforms could hurt insurance levels: AFA

ALISON BEVEGE  |  TUESDAY, 22 FEB 2011
The Association of Financial Advisers (AFA) has called on Federal Finance Minister Bill Shorten to consider the impact of proposed financial reforms on life insurance levels. Richard Klipin, chief executive, AFA, said research had shown that if adviser ...

Adviser banned for life

ALISON BEVEGE  |  TUESDAY, 22 FEB 2011
A financial adviser has been banned for life after using a retired faming couple's savings to fund a margin loan, ASIC said yesterday. Trevor Wayne Carll of Port Pirie, South Australia, worked for local planning business Bruce McDonald Investment Services ...

Paraplanners master SoAs with COIN

MATT WOODINGTON  |  TUESDAY, 22 FEB 2011
Financial planning software provider COIN has launched training courses for paraplanners, which could go some way to increasing the upskilling in the profession. The three-day courses, Paraplanning Fundamentals, are run in conjunction with outsourced ...

Bloomberg opens doors to Islamic finance

MATT WOODINGTON  |  TUESDAY, 22 FEB 2011
Bloomberg is increasing its commitment to the Islamic finance market with the launch of a tailored investing platform and a Malaysian benchmark index, answering calls for more sophistication in the market. The Bloomberg Islamic Finance Platform (ISLM) ...

AUI signs up fixed income veteran

MATT WOODINGTON  |  MONDAY, 21 FEB 2011
Australian Unity Investments (AUI) has created a new fixed income team through a joint venture with experienced fund manager Bill Bovingdon. Former Aberdeen CEO Bovingdon set up a boutique funds management business called Altius Asset Management, focusing ...

Poor advice fine to reach $200k

ELISE BURGESS  |  MONDAY, 21 FEB 2011
Financial advisers who break the law could face up to five years in jail and up to $200,000 in fines, based on proposed changes to industry laws. Currently a financial adviser that is found guilty of breaching their fiduciary duty could be charged a ...

Super stoush over opt-in scheme

ALISON BEVEGE  |  MONDAY, 21 FEB 2011
A super industry stoush is brewing over annual opt-in fees proposed under the Future of Financial Advice (FoFA) reforms. The Industry Super Network (ISN) has come out in favour of the yearly renewal framework while the Financial Services Council (FSC) ...