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Showing 1361 - 1370 of 1894 results for "Determine"

Penalties for fund managers too lenient

MARK SMITH  |  WEDNESDAY, 10 SEP 2014
... also calls for greater collaboration between industry professionals and regulators, a re-examining of the criteria that determine sophisticated investor status and greater powers for regulators. Dr Rajapakse does warn however, that "a suitable regulatory ...

Super fees drop as fund war rolls on

LAURA MILLAN  |  MONDAY, 8 SEP 2014
... non-for-profit funds' outperforming." ANZ's Smart Choice Super has predominantly an index component and uses active management to determine the asset allocation. "In the Australian market there is not a lot of extra alpha and more money can be made by ...

Advisers use more insurers, but main provider still key: research

LAURA MILLAN  |  MONDAY, 1 SEP 2014
Advisers have expanded the number of insurers they use, but being an adviser's main insurance provider remains essential, new research by Investment Trends shows. After four years of planners consolidating insurers, advisers have increased the numbers ...

Macquarie terminates four suspended van Eyk funds

MARK SMITH  |  WEDNESDAY, 20 AUG 2014
Macquarie has shut down four funds in the van Eyk Blueprint series following the recent suspension of applications and redemptions. "Macquarie Investment Management Limited (Macquarie), as responsible entity for the van Eyk Blueprint Series, has determined ...

CBA appoints international experts to oversee advice program

LAURA MILLAN  |  MONDAY, 11 AUG 2014
... have access to a second one by an independent panel headed by High Court judge Ian Callinan. The independent panel will determine whether compensation is payable and, if so, how much. CBA chief executive Ian Narev has said that the review will "look ...

ASIC lowers wholesale investor threshold to $2.5 million

LAURA MILLAN  |  MONDAY, 11 AUG 2014
Self-managed super fund (SMSF) trustees with net assets of at least $2.5 million could be classified as wholesale investors by their financial advisers, the Australian Securities and Investments Commission (ASIC) has determined. The regulator has issued ...

Van Eyk suspends redemptions on Blueprint funds

LAURA MILLAN  |  THURSDAY, 7 AUG 2014
... schemes as defined by the Corporations Act, the company said. Van Eyk is working with Macquarie Investment Management to determine how best to implement a withdrawal offer for the funds and is seeking to resolve the matter as soon as possible. Macquarie ...

FSC bids to lead retirement income debate

MARK SMITH  |  THURSDAY, 7 AUG 2014
... develop a National Retirement Outcomes Policy," Brogden said. "This policy will form views on critical issues that will determine whether superannuation succeeds or fails as the savings vehicle for Australia's future. "The stakes are that high. "The ...

Mercer appoints two independent directors

JAMES FERNYHOUGH  |  WEDNESDAY, 30 JUL 2014
Mercer has appointed three new directors to its Australian entity boards, including two new independent non-executive directors. Melissa Babbage will join the Mercer Investments (Australia) Limited (MIAL) board, while Jan Swinhoe will join both the ...

ASIC puts hold Custom Wealth's AFSL

STAFF WRITER  |  TUESDAY, 22 JUL 2014
Brisbane-based Custom Wealth Solutions has also lost its Australian financial services (AFS) licence for three months. ASIC suspended the group's licence after it entered into receivership on June 11, 2014. The regulator has also permanently banned ...