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Showing 1331 - 1340 of 2989 results for "ARRA"

JANA selects data solutions provider

KARREN VERGARA  |  TUESDAY, 18 JUL 2017
Investment consultant JANA has announced the appointment of a new data management provider. Melbourne-based Curium Data Systems will provide greater control and oversight across JANA's operational and investment data. This will enable JANA's operational ...

Advice licensees hit with $1500 levy

EMMA RAPAPORT  |  MONDAY, 17 JUL 2017
ASIC has introduced a $1500 fixed levy on authorised financial advice licensees to cover the price tag of its costs recovery framework. The graduated levy for licensees comes off the back of the ASIC Supervisory Cost Recovery Levy Bill, a law which ...

Government cracks down on salary sacrifice loophole

EMMA RAPAPORT  |  FRIDAY, 14 JUL 2017
The Federal Government will take action to close a loophole that allowed employers to short-change employees who chose to make salary sacrifice contributions to their superannuation accounts. The move follows the release of a Superannuation Guarantee ...

Aussie agriculture reaches new highs

EMMA RAPAPORT  |  TUESDAY, 11 JUL 2017
Agriculture Census data from the Australian Bureau of Statistics highlights opportunities for institutional investors as the total value of Australia's agriculture production continues to rise. During 2015-16, the gross value of Australian agriculture ...

Midwinter recruits to strengthen cyber security strategy

JAMIE WILLIAMSON  |  TUESDAY, 11 JUL 2017
Financial services technology provider Midwinter appointed a head of cyber security to assist in launching its new service providing cyber health checks to financial advisers and accountants. Joining from Commonwealth Bank, Edward Li will be responsible ...

Fortnum inks advice fintech deal

ALEX BURKE  |  TUESDAY, 4 JUL 2017
Fortnum Financial Advisers is partnering with a provider of real-time data, budgeting and reporting software to augment its client engagement strategy. Under the new partnership, Fortnum will distribute MoneySoft's cashflow and budgeting tool through ...

Disengaged members vulnerable in super

EMMA RAPAPORT  |  MONDAY, 3 JUL 2017
A review by ASIC into member experience with superannuation has highlighted a number of key vulnerabilities for consumers. The report, which mapped three stages of the superannuation lifecycle - joining a fund, participating in a fund, and changing ...

Argo LIC shakes up investment mandate

ALEX BURKE  |  THURSDAY, 29 JUN 2017
Argo Investments' Argo Global Listed Infrastructure company is seeking shareholder approval to make a key change to its investment mandate. Under the current arrangement, the infrastructure LIC has a possible allocation of up to 20% in fixed income ...

Zurich awards two equities mandates

ALEX BURKE  |  WEDNESDAY, 28 JUN 2017
Zurich Investment Management has awarded two Australian equities mandates following a review of existing arrangements. The mandates will go to Nikko Asset Management and will be managed by Nikko AM head of Australian equities Brad Potter and portfolio ...

ASIC bans ex-AMP adviser

KARREN VERGARA  |  TUESDAY, 27 JUN 2017
ASIC permanently banned a Perth-based financial adviser for acting dishonestly and breaching his best interest duties in providing superannuation and insurance advice. David Fong was an authorised representative of AMP Financial Planning between January ...