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Showing 12241 - 12250 of 22163 results for "Tim"

Government could force QIC to fund Queensland infra

LAURA MILLAN  |  WEDNESDAY, 15 JUL 2015
The Labor government in Queensland could force QIC to reduce its international and cash exposure to allocate more funds to the State's infrastructure. Queensland Treasurer Curtis Pitt said in his first budget speech that over the next six months the ...

Advisers should beware industry "frenemies"

ALEX BURKE  |  WEDNESDAY, 15 JUL 2015
Advisers should master digital communications channels before they lose business to other industries, according to Association of Financial Advisers chief executive Brad Fox. Speaking in Sydney at the launch of the AFA/Zurich/Beddoes Institute white ...

Australian funds turning to bourgeoning Asian REITs

MARK SMITH  |  WEDNESDAY, 15 JUL 2015
A growing market and attractive returns are seeing Australian institutions take an interest in the burgeoning Asian REIT market, according to one specialist in the asset class. Before 2000 it was all but impossible to invest in real estate investment ...

Perpetual sheds $3 billion

MARK SMITH  |  WEDNESDAY, 15 JUL 2015
Perpetual's funds under management (FUM) have fallen almost $3 billion in the three months to 30 June. Total FUM fell from $33 billion to $30.2 billion during the period. The fund manager attributed around half the fall ($1.6 billion) to depreciating ...

Chartered accountants' response 'clumsy'

AAP  |  WEDNESDAY, 15 JUL 2015
The New Zealand Institute of Chartered Accountants was unused to competition and made a "clumsy response" to new rival CPA Australia, a court has heard. In the High Court at Wellington on Tuesday, Bruce Gray QC defended NZICA's marketing campaign and ...

ASIC bans auditor and adviser

ALEX BURKE  |  WEDNESDAY, 15 JUL 2015
ASIC has permanently banned an insurance adviser and disqualified an SMSF auditor. Abhinav Gupta provided insurance advice via ACE Insurance's Victorian Combined Insurance division from October 2013 to May 2014. He was not a salaried employee of Combined ...

AFA awards deadline looms

ALEX BURKE  |  TUESDAY, 14 JUL 2015
The Association of Financial Advisers (AFA) has called for submissions for its Adviser and Practice of the Year awards before the July 17 deadline. The Adviser of the Year award is based on adviser performance, practice business performance, professionalism ...

Rice Warner highlights $1.8trn insurance gap

ALEX BURKE  |  TUESDAY, 14 JUL 2015
There is a $1.8 trillion underinsurance gap in Australia, according to Rice Warner's Underinsurance in Australia report. The report is based on levels of life insurance, total and permanent disability (TPD) and income protection as at June 30, 2014. ...

LaSalle sells interest in Sydney office building

LAURA MILLAN  |  TUESDAY, 14 JUL 2015
LaSalle Investment Management has sold its 100% interest in a Sydney office building for $91.9 million. LaSalle sold the investment property on behalf of its LaSalle Asia Opportunity Fund IV (LAOF IV) to a client of UBS Grocon. The asset was acquired ...

Strong passive flows force managers to lower fees

LAURA MILLAN  |  TUESDAY, 14 JUL 2015
Flows into passive strategies have forced active fund managers to lower their fees, global research by US-based management consultant Casey Quirk has found. Passive strategies accounted for 93% of total net new flows at registered products in the United ...