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Showing 1401 - 1410 of 1729 results for "Provisio"

Lessons learned from Opes Prime

RUTH LIEW  |  TUESDAY, 24 NOV 2009
From selling sophisticated products to retail investors to ineffective disclosure, the Ripoll Inquiry has investigated the factors that fuelled the failure of Opes Prime - and outlined what needs to be done to prevent future disasters. One of the biggest ...

Adviser recruitment plagues super funds

RUTH LIEW  |  THURSDAY, 12 NOV 2009
One of the major hurdles facing super funds in the post intra-fund advice relief era is attracting and maintaining qualified advisers, said an industry expert. David Anderson, business leader of Mercer's outsourcing business for Asia Pacific, told an ...

Plum wins NAB Super mandate

RUTH LIEW  |  TUESDAY, 3 NOV 2009
Plum Financial Services' assets under administration are set to reach $11.2 billion after the $2.9 billion NAB Group Superannuation Fund subcontracted its administration services to Plum. According to a fund statement, National Australia Bank had elected ...

PIS to pay $5.9m to Westpoint investors

ASIC RELEASE  |  MONDAY, 2 NOV 2009
The Federal Court of Australia has approved the settlement of an ASIC-initiated compensation claim to PIS clients who were advised to invest in failed Westpoint Group - ordering PIS to pay $5.9 million to these clients. The court approved a distribution ...

Premium eyes more practices

MICHAEL HOBBS  |  MONDAY, 26 OCT 2009
Premium Wealth Management is in talks with a dozen practices to join its ranks and is also looking at ways to access separately managed account (SMA) technology. Chris Saunders, chief executive at Premium Wealth Management, said the business is talking ...

Fund calculator rules to be relaxed

ALEX DUNNIN  |  THURSDAY, 22 OCT 2009
ASIC has proposed a relaxation of the advice rules around superannuation benefit calculators for super funds, allowing them to more easily give their members indications about whether their super savings are on track.The regulatory relief proposals ...

Simple advice at GESB

COMPANY RELEASE  |  WEDNESDAY, 7 OCT 2009
WA-based super fund GESB has launched a free Simple Advice service to boost its financial planning services to its 310,000 members. Providing easy access to advice over the phone, Simple Advice enables GESB to improve the financial well-being of its ...

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 ...

MLC wins Sisters of Mercy mandate

COMPANY RELEASE  |  TUESDAY, 22 SEP 2009
The Sisters of Mercy Staff Superannuation Scheme has appointed MLC Group Insurance as its new insurer. The scheme, which had $372 million at the end of June last year, will see MLC provide upgrades to benefits and cover for members. "When we put our ...

Playing chicken with tyres

BENJAMIN ONG  |  TUESDAY, 15 SEP 2009
Don't look now but the debate as to what letter of the alphabet the global recovery will take - U, V or W - could all turn out to be wrong. It could be an L with the horizontal part of the letter longer and downward sloping. Trust politicians to try ...