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Showing 1241 - 1250 of 1728 results for "Provisio"

HIP Super enters advice partnership

MELANIE TIMBRELL  |  TUESDAY, 12 JUN 2012
Health Industry Plan (HIP) has formed a strategic partnership with IOOF subsidiary, Bridges Financial Services for fee-for-service, flexible and scalable advice. According to HIP, transparency of cost structures and the provision of single and multi-issue ...

Investors missing the eurozone silver lining

BEN COLLINS  |  FRIDAY, 1 JUN 2012
In the steady stream of bad news flowing out of the eurozone, investors might not be looking for the silver lining, said senior investment heads at Franklin Templeton. "From a bottom-up standpoint, we believe significant investment opportunities still ...

ASIC highlights CFD compliance issues

BEN COLLINS  |  FRIDAY, 1 JUN 2012
The Australian Securities & Investments Commission review of client money handling and reconciliation practices has shown non-compliance by a number of issuers of over-the-counter contracts for difference and margin FX derivatives. The Australian Securities ...

Coalition clears up FOFA questions

MELANIE TIMBRELL  |  MONDAY, 28 MAY 2012
With FOFA legislation due for debate in the Senate next month, the Opposition's spokesperson on Financial Services has provided details on what FOFA would look like under a coalition government. Speaking at an Association of Financial Advisers Budget ...

APRA empowered to chase rogue superfund directors

BEN COLLINS  |  THURSDAY, 24 MAY 2012
The Lower House of Parliament has passed legislation that will give the Australian Prudential Regulation Authority greater powers to pursue "rogue superfund directors". The Superannuation Legislation Amendment (Trustee Obligations and Prudential Standards) ...

Financial adviser sentenced on fraud charges

LINDA HAUSKEN  |  WEDNESDAY, 23 MAY 2012
James Patrick Hobson, a former senior financial adviser has been convicted and sentenced on fraud charges in the Sydney District Court, following an ASIC investigation. Hobson was a senior financial adviser employed by Binma which operates the North ...

Low cost pensions to shake-up UK market

ALEX DUNNIN  |  TUESDAY, 22 MAY 2012
The UK pension fund market is in for a shake-up with a new breed of low cost operators entering the fray with fees from 0.3% pa plus a weekly admin charge. Attracting their interest is that the UK is already the world's largest annuity market, accounting ...

AIST warns MySuper deadline tight

BEN COLLINS  |  FRIDAY, 18 MAY 2012
The Australian Institute of Superannuation Trustees MySuper third tranche submission has warned that the July1 2013 deadline for the disclosure of MySuper comparisons on a product dashboard is very tight, urging the Government to move quickly to provide ...

Research: Australian private banks fall behind

MELANIE TIMBRELL  |  THURSDAY, 17 MAY 2012
Australian private banks have fallen behind the UK in satisfaction levels, according to research from CoreData. A quarterly survey of 1,722 Australians with more than $1 million excluding residence and superannuation found that only 33.1% currently ...

CBA platforms report solid performance

LINDA HAUSKEN  |  THURSDAY, 17 MAY 2012
The Commonwealth Bank has reported growth in its funds under administration in the first quarter of 2012, with strong net flows into its FirstChoice and Custom Solutions platforms. Improved investment markets and performance saw funds under administration ...