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Showing 1641 - 1650 of 2989 results for "ARRA"

Advisers and mortgage brokers joining forces

ALEX BURKE  |  TUESDAY, 26 MAY 2015
Increasing numbers of adviser practices are seeking partnerships and joint ventures with mortgage brokers rather than referral arrangements. Centrepoint Lending Solutions general manager Kevin Frost noticed this trend after advisers started looking ...

QIC inks $1bn infrastructure deal with CalPERS

MARK SMITH  |  THURSDAY, 21 MAY 2015
QIC has formed a $1 billion Asia-Pacific infrastructure partnership with the California Public Employees' Retirement System (CalPERS), one of the largest public pension funds in the United States. Under the terms of the arrangement, QIC will source ...

BNP appoints OneVue as unit registry provider

ALEX BURKE  |  WEDNESDAY, 20 MAY 2015
BNP Paribas Securities Services has appointed OneVue to provide unit registry services for five years. BNP's unit registry clients will be migrated to OneVue over 18 months by a team led by OneVue chief operating officer Richard Stevens. "This arrangement ...

DST partners UK wealth manager

DARREN SNYDER  |  TUESDAY, 19 MAY 2015
UK wealth manager Old Mutual Wealth will be consolidating multiple websites and microsites onto DST's Opendoor front-office platform, providing a single customer view for institutions, superannuation funds, and third-party administrators. Old Mutual ...

New SIV rules target smaller companies boost

DARREN SNYDER  |  MONDAY, 18 MAY 2015
From July new Significant Investor Visa (SIV) applicants must invest a minimum of $5 million across three complying arrangements after new rules were formally announced by the federal government. To comply with an SIV, applicants will have to place ...

ASIC seeks more bans in SMSF advice crackdown

ALEX BURKE  |  FRIDAY, 15 MAY 2015
ASIC is seeking banning orders ranging from 7.5 years to permanent for individuals participating in providing unlicensed advice to SMSF investors. The regulator has provided submissions to the Federal Court, specifically mentioning property developer ...

CML launches $25m corporate bond issue

LAURA MILLAN  |  THURSDAY, 7 MAY 2015
Finance and employment services company CML group has launched a $25 million unrated bond issue targeting private investors, self-managed super funds (SMSFs) and advisers. The corporate bond issue is arranged by FIIG Securities and has a minimum initial ...

NAB appoints new chair

ALEX BURKE  |  THURSDAY, 7 MAY 2015
NAB has appointed Ken Henry AC as its new chairman. Henry will succeed Michael Chaney AO, who will retire at the bank's annual general meeting in December. Henry has been on NAB's board since November 2011. Previously he was Secretary of the Commonwealth ...

Gearing for SMSFs won't be significant: Colley

DARREN SNYDER  |  WEDNESDAY, 6 MAY 2015
A potential property gearing announcement in the federal budget for self-managed super funds is unlikely to impact funds as much as people expect, according to the SMSF Association's Graeme Colley. The association technical director told a recent event ...

Advice industry faces insurance quandary

ALEX BURKE  |  MONDAY, 4 MAY 2015
The advice industry is divided over how to fund an insurance scheme to compensate clients who receive bad advice. A rise in professional indemnity premiums is only compounding the problem. Senators Nick Xenophon and Sam Dastyari proposed a statutory ...