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| | | The share market is expected open lower on a negative lead from Wall Street and weaker commodity prices. On the Sydney Futures Exchange, the September share price index contract was down 11 points at 4,977. Today, News Corporation, Commonwealth Bank ... |
| | | | The wealth management industry is in transition and now is the time to strive for greater professionalism, said industry identities at the opening session of the IFSA annual conference yesterday. In a panel session which neatly delved into the issues ... |
| | | | AMP Financial Planning (AMPFP) has been pulled up by the regulator for giving 300 clients unnecessary or inadequate super switching advice and having inadequate conflicts of interest procedures in place. Only months after the regulator's shadow shopping ... |
| | | | ING owned multi-manager OptiMix has lost a portfolio manager, with Gavin Shepherd leaving the group to work with IAG Asset Management. Shepherd, portfolio manager and chief investment officer Emmanuel Caligeris' second in charge, has departed to take ... |
| | | | Chief executive officer of FuturePlus, Brett Westbrook, announced that he will step down from his position as head of the $12 billion co-owned fund of the Local Government Superannuation Scheme and the Energy Industries Superannuation Scheme. Westbrook ... |
| | | | Two New South Wales directors have been disqualified from acting as company directors by the Australian Securities and Investments Commission (ASIC) after their involvement in failed companies. ASIC has banned Craig West, a certified practicing accountant ... |
| | | | Credit Suisse has announced the appointment of a new director, channel management and direct sales in asset management. Craig Mowll will step into the position and, along with the head of the institutional sales business, John Maragiannis, will spearhead ... |
| | | | Perth based financial planning group Plan B has refuted "first mover" claims made by MLC's high end financial planning group Godfrey Pemboke, who last week touted their switch to a purely fee for service remuneration model as a first in the industry. ... |
| | | | Adelaide Bank is to create a separate company board to oversee its now $2.3 billion managed funds business. Adelaide Bank said it would establish the independent board for its funds management, to be called Adelaide Managed Funds. The bank said it more ... |
| | | | Define high conviction. To Peters MacGregor it means holding just eight stocks but backing your positions with more than 60 per cent of your total capital. Peters MacGregor chief executive officer, James Craigie, explained that to his team a high conviction ... |
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