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Showing 1251 - 1260 of 1729 results for "Provisio"

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 ...

Research houses to step up transparency

BEN COLLINS  |  MONDAY, 14 MAY 2012
There have been calls for more transparency and accountability in response to ASIC's consultation paper on the regulation of research report providers and research houses. Released in November last year, Consultation Paper 171, 'Strengthening the regulation ...

Insurance lapses impact on NAB Wealth results

BEN COLLINS  |  THURSDAY, 10 MAY 2012
National Australia Bank has released its 2012 Half Year Results, with NAB Wealth's cash earnings before IoRE down $10 million or 3.7% compared to March 2011, predominantly the result of an increase in insurance lapses. Compared to the September 2011 ...

Market Wrap

AAP  |  THURSDAY, 10 MAY 2012
The Australian market looks set to open lower after the US and European bourses fell as investors sought shelter from strains in the eurozone driven by political upheaval in France and Greece. At 0855 AEST on Thursday, the June share price index futures ...

Clarity needed for FOFA opt-in exemption

RACHEL DAVIS  |  FRIDAY, 4 MAY 2012
The recent announcement that financial planners operating under codes of conduct approved by ASIC will be exempt from opt-in requirements has created further confusion in an already uncertain environment, according to Minter Ellison. Advisers who choose ...

ASIC warns industry about misusing term independent

LINDA HAUSKEN  |  THURSDAY, 3 MAY 2012
ASIC has warned the industry that misuse of the term independent will result in strong action by the regulator, including publicly naming companies found to be in breach. In a recent surveillance project, Australian Securities and Investments Commission ...

APRA releases draft MySuper authorisation form

MELANIE TIMBRELL  |  THURSDAY, 3 MAY 2012
APRA today released a discussion paper for consultation covering arrangements to authorise MySuper products, including a draft application form. A draft prudential standard on MySuper transition that sets out requirements for trustees moving member ...

S&P Indices expands fixed income

MELANIE TIMBRELL  |  WEDNESDAY, 2 MAY 2012
S&P Indices has expanded its S&P/ASX fixed income series and introduced intraday pricing to the Australian market. The government inflation-linked bond index carries capital inflation linked bonds with principal adjusted by trailing Australian CPI each ...

Hedge fund investors win in fees makeover

LINDA HAUSKEN  |  WEDNESDAY, 2 MAY 2012
Only around one-third of outperformance from skill should go to hedge fund managers in the form of fees, with the rest going to the investor according to new research from Towers Watson. In the research, 'Hedge fund investing - opportunities and challenges' ...

MySuper consultation draws focus on divisions

MELANIE TIMBRELL  |  MONDAY, 30 APR 2012
Tranche three of draft MySuper legislation has raised the stakes in super governance, but the industry is looking to the consultation process to remedy long-held concerns over inequalities between the not for profit and retail sectors. The draft legislation ...