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Showing 12971 - 12980 of 18280 results for "Plan"

Advisers let down by MMs

ALEX DUNNIN  |  TUESDAY, 6 OCT 2009
Advisers have been let down by under performing multi-manager investments, putting pressure on advisers to rethink how they use their fund research. Robert McGregor, asset consultant to Astarra Funds told the AFA annual conference that "you can outsource ...

Industry funds not undermining confidence: ISN

ALEX DUNNIN  |  TUESDAY, 6 OCT 2009
Complaints by the retail fund sector that the industry fund campaign is undermining confidence in superannuation and advice have been rejected by the Industry Superannuation Network. "We were the only group that was advertising and marketing during ...

Christmas comes early for job seekers

RUTH LIEW  |  TUESDAY, 6 OCT 2009
... Investment professionals who lost their jobs last year can take some comfort in the fact that 14 per cent of Australian firms plan to take on more staff in the lead up to Christmas. Planners and fund managers who faced the axe this time last year due ...

Elders sells 51pc FP stake to Millenium3

COMPANY RELEASE  |  FRIDAY, 2 OCT 2009
Elders has signed a Heads of Agreement to sell 51 per cent of Elders Financial Planning to Millennium3 Financial Services (M3). The agreement will see the formation of a joint venture company, with Elders to own 49 per cent and M3 51 per cent. M3 is ...

Count: 13 times lucky

RUTH LIEW  |  FRIDAY, 2 OCT 2009
Countplus has settled its thirteenth acquisition - purchasing a 25 per cent share in Canberra-based advice firm, Achieve Corporation. Achieve, founded by Simon Mitchell in 2003, is a specialist payroll and advice firm and employs 23 people. There are ...

Mercer urges STP implementation

COMPANY RELEASE  |  FRIDAY, 2 OCT 2009
Mercer has called for UK defined contribution pension plan trustees to adopt straight through processing (STP) systems or risk significant financial pain. STP involves the automation of communication about investment transactions between administrators ...

FPA appoints deputy chair

COMPANY RELEASE  |  FRIDAY, 2 OCT 2009
The Financial Planning Association of Australia (FPA) has appointed Matthew Rowe, managing director at Hood Sweeney, as deputy chair of the association's board. Rowe, a member of the FPA board since last year, takes over the role from Mark Spiers, general ...

Britten to head BlackRock Global Investors in Aus

MICHELLE BALTAZAR  |  THURSDAY, 1 OCT 2009
Will Britten, the chief executive of BGI's local arm, will take over the reins at the soon-to-merge $44 billion-plus fund manager, BlackRock Global Investors in Australia, with BlackRock Australia chief executive, Maurice O'Shannassy, leaving the firm. ...

Macquarie buys investment bank FPK

COMPANY RELEASE  |  THURSDAY, 1 OCT 2009
... way" to expand the firm's financial institutions presence outside of Asia-Pacific and into North America and Europe. "We plan to develop and grow FPK's valued specialist research, execution and advice and build their underwriting capacity," said Bishop. ...

Perpetual buys Grosvenor

COMPANY RELEASE  |  THURSDAY, 1 OCT 2009
Perpetual has bought Grosvenor Financial Services - a privately-owned planning firm specialising in financial, investment and tax advice. Grosvenor has more than 200 high net worth clients in the medical, dental and legal professions. Grosvenor is based ...