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Showing 1451 - 1460 of 2198 results for "In March"

ASIC seeks to wind up of LM mortgage income fund

MARK SMITH  |  FRIDAY, 19 JUL 2013
... decide the future of the multi-million LM First Mortgage Income Fund (FMIF), following the collapse of the fund manager in March. Court proceedings were started by two FMIF investors seeking orders for the appointment of Trilogy Funds Management Limited ...

PIS appoints PwC as independent expert

LAURA MILLAN  |  THURSDAY, 18 JUL 2013
... 559 advisers, according to the latest Rainmaker Advantage Report from March, 2013. The dealer group had 1,257 advisers in March 2011, but the numbers fell to 753 in 2012 and again to 559 this year. PIS has also seen a restructure of its management roles ...

FIIG to manage $30m bond issue for listed childcare company

MARK SMITH  |  THURSDAY, 18 JUL 2013
... issue. The bond issue follows similar moves led by FIIG to raise $50 million in capital for sugar miller Mackay Sugar in March 2013 and $30 million for Silver Chef in August 2012. The full terms are still being finalised and will be lodged with the Australian ...

PIS sees dramatic drop in adviser numbers

LAURA MILLAN  |  WEDNESDAY, 10 JUL 2013
... 559 advisers, according to the latest Rainmaker Advantage Report from March, 2013. The dealer group had 1,257 advisers in March 2011, but the numbers fell to 753 in 2012 and again to 559 this year. The largest independent dealer group in Australia could ...

Life insurance risk sees downfall in sales

LAURA MILLAN  |  TUESDAY, 9 JUL 2013
... and OnePath 10.2%. AMP Group is still the largest insurance provider, but its market shared has decreased from 15.7% in March 2012 to 15.1% in March 2013. MLC Group has lost it's second position on the ranking of providers by market share and TAL, with ...

Fidelity set to expand Australian presence

MARK SMITH  |  MONDAY, 8 JUL 2013
... director of Fidelity's Australian business last week following the departure of previous country head Gerard Doherty in March. "I've been really impressed by Fidelity's research footprint. There are 380 investment professionals outside of the US and ...

Industry welcomes grandfathering extension

LAURA MILLAN  |  WEDNESDAY, 3 JUL 2013
... remuneration obligations, including grandfathering. "A draft regulation, changing the impact of grandfathering, was released in March 2013, however this was not finalised until the very last minute," AFA chief executive Brad Fox said. "The finalised ...

Platforms surpass pre-GFC levels

LAURA MILLAN  |  MONDAY, 1 JUL 2013
... baby-boomers ageing and seeking advice for their retirement," she said. Platform funds under advice (FUA) were of $428 billion in March 2013 and are up 11%. FUA are now tracking at their highest levels, since before the GFC, in September 2007, the latest ...

Fidelity appoints new country head

MARK SMITH  |  THURSDAY, 27 JUN 2013
... takes up his new position immediately. Bargholz's appointment follows the departure of former country head Gerard Doherty in March. Bargholz joined Fidelity in February as senior investment director after a lengthy career with AllianceBernstein, where ...

ASIC far too slow to act on misconduct: Senator

LAURA MILLAN  |  FRIDAY, 21 JUN 2013
... December to February, 2014, after which the Committee will present its conclusions and recommendations to the Senate in March 21.