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Showing 13571 - 13580 of 19614 results for "RIS"

Australia ahead of pack in IT wealth spend

MATT WOODINGTON  |  FRIDAY, 22 JUL 2011
The wealth management industry in Australia and the Asia Pacific is set to outpace the rest of the world in IT investment over the next four years as the need for enhanced internet services and compliance technology fuels spending. According to technology ...

ASIC jobs cut as responsibilities rise

ALISON BEVEGE  |  FRIDAY, 22 JUL 2011
The Australian Securities and Investments Commission has axed 59 jobs in the year to May as part of 87 redundancies with a further 68 to go this financial year as part of a $10 million budget cut to the corporate watchdog, dependant on a funding review. ...

Super funds drop fees after merger

ALISON BEVEGE  |  FRIDAY, 22 JUL 2011
Superannuation funds Cuesuper and NGS Super reduced their fees in what is believed to be the first time a merger has resulted in lower costs for members. Tom Taylor, chairman of Cuesuper, speaking at the Mergers & Acquisitions for Super Funds 2011 in ...

AMP embeds AXA management into new structure

MATT WOODINGTON  |  FRIDAY, 22 JUL 2011
AMP again vowed to put quality financial advice at its heart after establishing a new eight division business structure for AMP Financial Services (AFS). AMP has put a new management team in place, effective August 1, ahead of its results announcement ...

New tool launched to gear SMSFs into property

ALISON BEVEGE  |  FRIDAY, 22 JUL 2011
Self-managed super administration provider Multiport has launched a new package to help SMSF trustees gear property into SMSFs and invited financial planners to a roundtable discussion debating the merits of property in super. At the luncheon in Sydney ...

Zurich launches program to match demographic trends

ELISE BURGESS  |  FRIDAY, 22 JUL 2011
Zurich has kick-started the new financial year, releasing a fully formed insurance offering designed for greater client retention and hybrid policy cover, with plans for new applications within weeks. Assessing its policyholder trends, Zurich found ...

Investor eyes fixing on fixed interest

ALEX DUNNIN  |  THURSDAY, 21 JUL 2011
Demand for investments that deliver stable reliable income streams will push demand for inflation linked bonds, said a fixed interest manager trying to cash in on the sector. Omega Global Investors, a boutique manager part owned by the Macquarie group ...

A minute to midnight sees super funds merge

ALISON BEVEGE  |  THURSDAY, 21 JUL 2011
What difference can a midnight minute make to a merger? Do you combine your super funds at 12.01am on July 1? Or 11.59pm on June 30? Those vital 60 seconds were pondered during an afternoon talk by Graeme Russell, chief executive officer of First Super ...

No alarms as Bell profits fall

MATT WOODINGTON  |  THURSDAY, 21 JUL 2011
Bell Financial Group attributed a 24% dip in after tax net profit to one-off non-cash losses associated with the disposal of options held within subsidiary Southern Cross Equities. Bell reported unaudited net profit after tax of $6.3 million for the ...

Advisers demand platform opt-in support

ELISE BURGESS  |  THURSDAY, 21 JUL 2011
Independent and bank-aligned financial advisers want platform costs to be lowered and have high expecations of support from providers once opt-in reforms are implemented, an industry survey has found. The annual CoreData Platform Study reported that ...