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Showing 1651 - 1660 of 2989 results for "ARRA"

Legalsuper finds savings in manager reshuffle

MARK SMITH  |  MONDAY, 4 MAY 2015
Industry super fund legalsuper has replaced a number of high profile fund managers in its investment manager line-up. Perennial (cash and enhanced cash), Colonial First State (global credit), Integrity (Australian equities), Platinum (overseas equities) ...

OneVue announces management, strategy changes

ALEX BURKE  |  FRIDAY, 1 MAY 2015
OneVue has announced changes in its management team, custodial arrangements and digital strategy in its March quarter update. Current chief financial officer Brett Marsh will be replaced by Ashley Fenton, previously CFO at executive recruitment company ...

Frydenberg to decide on advice standards in June

LAURA MILLAN  |  THURSDAY, 30 APR 2015
Assistant Treasurer Josh Frydenberg is expected to release a final document outlining the measures to improve professional standards for financial advisers at the end of June. The Association of Financial Advisers (AFA) chief operating officer Phil ...

PIMCO appoints Bernanke to advice role

LAURA MILLAN  |  THURSDAY, 30 APR 2015
PIMCO has appointed former chairman of the United States Federal Reserve Ben Bernanke as senior adviser. Bernanke will contribute his economic expertise and insights to the firm's investment process and periodically engage PIMCO's clients, the bond ...

Advisers Register hits 22k

DARREN SNYDER  |  WEDNESDAY, 29 APR 2015
Within a month of being launched the Financial Advisers Register has added about 3,000 advisers to its list, now providing consumers with an ability to search more than 22,000 in the industry. Australian Securities and Investments Commission (ASIC) ...

FEATURE: Where next for risk advice?

ALEX BURKE  |  TUESDAY, 28 APR 2015
Assistant Treasurer Josh Frydenberg says the clock is ticking for the industry to implement the recommendations in the Trowbridge report. Alex Burke investigates what that might mean for risk advice. "It is up to the industry now to restore public confidence ...

New law to add clarity to business sales

LAURA MILLAN  |  FRIDAY, 24 APR 2015
Draft legislation released by the Federal Government is expected to end uncertainty around business sale transactions. The exposure draft would give effect to the Government's announcement on 14 December 2013 that this measure, originally announced ...

BNP becomes UniSuper master custodian

LAURA MILLAN  |  TUESDAY, 21 APR 2015
BNP Paribas will replace NAB Asset Servicing (NAS) as UniSuper custodian following a tender review process. NAS was UniSuper custodian for 23 years, but Australia's third largest superannuation fund determined that "BNP Paribas was best placed to meet ...

Grattan issues new report on super fees

ALEX BURKE, ALEX DUNNIN  |  MONDAY, 20 APR 2015
Following on from its controversial "Super Sting" report in 2014, Grattan Institute has released a new report that continues to argue Australia's superannuation industry has excessive costs. The report, titled " Super Savings ", reiterates Grattan's ...

FOS decries unpaid compensation

DARREN SNYDER  |  TUESDAY, 14 APR 2015
The Financial Ombudsman Service believes a limited compensation scheme is the missing piece from regulatory discussions and suggested improvements in Australia's financial system. The call comes as part of the service's submission to the Financial System ...