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Showing 1221 - 1230 of 1630 results for "Division 296"

SMA ratings bring clarity for advisers

RUTH LIEW  |  WEDNESDAY, 12 AUG 2009
Standard & Poor's has awarded inaugural ratings to six separately managed account products - a move that could help advisers make better informed decisions when selecting SMAs for clients. S&P has given four stars to the Ausbil Australia Concentrated ...

Planning firms on buying spree

RUTH LIEW  |  FRIDAY, 7 AUG 2009
While some financial planning firms hunker down for the GFC to pass, many opportunistic mid-weight planning companies are increasing their borrowing activities to buy their smaller rivals, according to a Macquarie Bank expert. Jamie Melville, national ...

ASIC approves Opes Prime settlement

ASIC RELEASE  |  WEDNESDAY, 5 AUG 2009
ASIC has welcomed yesterday's court approval of the creditors Schemes of Arrangement that will oblige ANZ and Merrill Lynch to pay $226 million to Opes Prime clients. According to a media statement by ASIC, the schemes oblige ANZ and Merrill Lynch to ...

State Street appoints sales head

COMPANY RELEASE  |  TUESDAY, 28 JUL 2009
State Street has appointed Greg O'Sullivan to a newly-created position of head of sales for State Street's Investor Services and State Street Associates' Currency Management businesses in Australia. The new position, based in Sydney, will be responsible ...

QSuper call centre wins top gong

RUTH LIEW  |  MONDAY, 27 JUL 2009
The $22 billion QSuper's contact centre has been named the top teleservices centre in an industry awards held this month, making it one of the few super funds recognised for call centre excellence. The QSuper Contact Centre won the Teleservices Centre ...

MMC Contrarian sells asset management arm

COMPANY RELEASE  |  MONDAY, 20 JUL 2009
MMC Contrarian has sold its asset management division to Valuestream Investment Management. The firm announced into a share sale and purchase agreement in MMC Asset Management shares. MMC Asset Management is the fund manager and responsible entity for ...

UniSuper activates fair value clause

RUTH LIEW  |  TUESDAY, 14 JUL 2009
The $21 billion UniSuper has initiated a clause that allows trustees to reduce defined benefit members' benefits - if necessary - following the GFC to provide fair value payments. UniSuper announced online on 7 July that it had decided to initiate "Clause ...

ING grows with self-employed advisers

COMPANY RELEASE  |  WEDNESDAY, 1 JUL 2009
ING is extending its financial planning base to include self-employed advisers. ING's financial planning division will provide self employed advisers with a succession solutions program, practice management services, access to a dedicated customer services ...

Soc Gén named best SRI brokerage firm: survey

MICHAEL HOBBS  |  TUESDAY, 30 JUN 2009
SociA(C)tA(C) GA(C)nA(C)rale, UBS and CrA(C)dit Agricole Cheuvreux have topped the list of broker firms for the work on socially responsible investment and sustainability research. The annual Thomson Reuters Extel Survey, which polled more than 1,400 ...

Towers Perrin merges with Watson Wyatt

COMPANY RELEASE  |  MONDAY, 29 JUN 2009
Towers and Perrin and Watson Wyatt merged to form Towers Watson & Co, a $4.3 billion global employee benefits firm. As a result of the deal, John Haley, chief executive at Watson Wyatt, will serve as the new company's chief executive and Mark Mactas ...