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Showing 151 - 160 of 382 results for Chris Nicholls

Funds SA puts faith in property

CHRIS NICHOLLS  |  TUESDAY, 28 AUG 2007
Funds SA has increased its non-core unlisted mandate with Russell Investment Group's real estate division to $112 million. Funds SA chief executive, Richard Smith, said the increase reflected their confidence in the global property market and Russell's ...

Dazza is a dud: FPA survey

CHRIS NICHOLLS  |  TUESDAY, 28 AUG 2007
Despite initial claims of success with consumers, almost two-thirds of Financial Planning Association (FPA) members believe the Value of Advice 'Dazza' advertising campaign has been a flop. First aired on national TV in October 2005, and backed up by ...

CSRF doubles international equity holding

CHRIS NICHOLLS  |  TUESDAY, 28 AUG 2007
The Catholic Superannuation and Retirement Fund (CSRF) has announced it will double its emerging market holdings in international equities after a portfolio re-weighting. The move will take its exposure from 3 to 6 per cent in international equities ...

Centric buys PKF

CHRIS NICHOLLS  |  MONDAY, 27 AUG 2007
Centric Wealth has made its final pre-listing acquisition, purchasing planner group PKF Financial Services. The company conducts PKF's financial planning business in Sydney and Brisbane and has approximately $400 million in assets under advice across ...

Labor supports financial services export push

CHRIS NICHOLLS  |  MONDAY, 27 AUG 2007
The Shadow Minister for Trade and Regional Development, Simon Crean, has announced the Labor party's support for the Investment and Financial Services Association (IFSA) May discussion paper on exporting Australia's financial services. Speaking at an ...

BNP thaws out frozen funds

CHRIS NICHOLLS  |  MONDAY, 27 AUG 2007
BNP Paribas has announced it will re-open three hedge funds frozen earlier this month as a result of the US sub-prime crisis. The BNP Paribas ABS Euribor and BNP Paribas ABS Eonia funds will re-open to subscriptions and redemptions tomorrow, while the ...

ASIC to tighten debenture regulations

CHRIS NICHOLLS  |  FRIDAY, 24 AUG 2007
The Australian Securities and Investments Commission (ASIC) has released a consultation paper proposing tighter regulation of the unlisted, unrated debenture market following the collapse of companies like Westpoint and ACR. The paper, unlisted, unrated ...

Shorter PDSs are go

CHRIS NICHOLLS  |  FRIDAY, 24 AUG 2007
... 'incorporation by reference' product disclosure documents (PDSs), introduced in April by the Parliamentary Secretary to the Treasurer Chris Pearce, have come into force today. Originally introduced as part of a wider reform package, the industry welcomed ...

BT cuts wrap prices

CHRIS NICHOLLS  |  THURSDAY, 23 AUG 2007
BT Financial Group has announced a new relationship pricing program to lower the cost of investing for BT Wrap and BT SuperWrap customers. The new related account pricing scheme reduces tiered account-keeping fees for balances under $100,000 from 0.79 ...

AMP chief executive steps down

CHRIS NICHOLLS  |  THURSDAY, 23 AUG 2007
AMP chief executive officer Andrew Mohl has resigned after five years at the helm of one of the largest financial services group in the country. Speaking at AMP's 2007 interim results press conference, Mohl said he would leave towards the end of the ...