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Showing 1761 - 1770 of 2989 results for "ARRA"

Advisers applaud "historic" ban on commissions

LAURA MILLAN  |  FRIDAY, 20 JUN 2014
Financial advice associations and the Financial Services Council (FSC) have applauded the "historic" ban on commissions in general advice and welcomed the government's changes to the Future of Financial Advice (FoFA) law. "We are extraordinarily pleased ...

Government to pass most FoFA changes through regulation

LAURA MILLAN  |  FRIDAY, 20 JUN 2014
The government is intending to approve most changes to the Future of Financial Advice (FoFA) law through regulation first, despite Labor and the Greens strong opposition to the amendments. Minister for Finance Mathias Cormann issued a response to the ...

SPAA voices concern over conflicted remuneration

LAURA MILLAN  |  THURSDAY, 19 JUN 2014
The SMSF Professionals' Association of Australia (SPAA) expressed concern at the Senate Economics Committee decision to back the government's amendments to the Future of Financial Advice (FoFA) law on conflicted remuneration. The organisation also said ...

AFA launches 2014 mentoring program

MARK SMITH  |  MONDAY, 16 JUN 2014
The Association of Financial Advisers (AFA) has launched its 2014/15 mentoring program, an annual initiative aimed at promoting professional standards and giving advice to young advisers. AFA GenXt National chair Fraser Jack said the mentoring program ...

UBS adviser banned from financial services industry

STAFF WRITER  |  WEDNESDAY, 11 JUN 2014
Former UBS financial adviser was banned from the financial services industry for engaging in misleading and deceptive conduct. Sebastian Konjevic was a client adviser of UBS AG holding an Australian Financial Services (AFS) licence from September 2005 ...

Federal Court finds S&P guilty in landmark ruling

MARK SMITH  |  FRIDAY, 6 JUN 2014
A landmark ruling by the Federal Court against ratings agency Standard & Poor's, ABN AMRO and Local Government Financial Services (LGFS) could have implications across the world. The Federal Court ruled in favour of 12 NSW local councils who lost millions ...

'Weaven model' would get best infra deals: IFM

JAMES FERNYHOUGH  |  THURSDAY, 5 JUN 2014
Infrastructure projects would get better deals on debt finance, construction and facilities management under the inverted bid model recommended by Industry Super Australia (ISA), according to IFM Investors executive director, debt investments Scott ...

SSgA appoints head of intermediary business

STAFF WRITER  |  WEDNESDAY, 4 JUN 2014
State Street Global Advisors (SSgA) has appointed James MacNevin as head its intermediary business group for the Asia Pacific region, to lead the firm's expansion in this channel. SSgA's intermediary business group, which partners with financial intermediaries ...

AusSuper grants London property mandate

JAMES FERNYHOUGH  |  WEDNESDAY, 4 JUN 2014
AustralianSuper has appointed TIAA Henderson Real Estate (TH Real Estate) to manage its London office property investment strategy. TH Real Estate, which is 60% owned by TIAA-CREF and 40% by Henderson Global Investors, already manages AustralianSuper's ...

NAB arranges NEXTDC corporate bond issuance

JAMES FERNYHOUGH  |  TUESDAY, 3 JUN 2014
National Australia Bank (NAB) will become the sole arranger and bookrunner for a $30 million corporate bond issuance by data centre provider NEXTDC Limited, the first of its kind to be arranged by NAB. The five-year senior unsecured notes offer a coupon ...