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Showing 1891 - 1900 of 2989 results for "ARRA"

Industry welcomes grandfathering extension

LAURA MILLAN  |  WEDNESDAY, 3 JUL 2013
The Association of Financial Advisers (AFA) has welcomed the Senate approval of the grandfathering regulation, one of the last pending aspects of the Future of Financial Advice (FoFA) regulation. The Senate vote has given the industry 12 more months ...

Super industry leaders weigh up Rudd's new cabinet

JAMES FERNYHOUGH  |  TUESDAY, 2 JUL 2013
Following the announcement of Prime Minister Kevin Rudd's new cabinet yesterday, Shadow Minister for Financial Services and Superannuation Mathias Cormann claimed Rudd was "downgrading" the superannuation portfolio. However, Pauline Vamos, chief executive ...

Platforms to explain choice of investment products

LAURA MILLAN  |  MONDAY, 1 JUL 2013
The Australian Securities and Investments Committee (ASIC) has updated its platform guidance to require platform operators to explain how they choose the products on offer to investors. The new requirements follow the last review of the sector, which ...

Rubik launches COIN app

LAURA MILLAN  |  THURSDAY, 27 JUN 2013
Technology provider Rubik Financial has launched an iPad application that allows financial planners to access clients' portfolios directly from COIN software. Advisers can also update the personal details of existing clients, create new client groups ...

Russell appoints three to actuarial team

MARK SMITH  |  TUESDAY, 25 JUN 2013
Russell Investments has expanded its actuarial consulting team with three new senior appointments. Louise Campbell has been promoted to director and head of actuarial, while new hires Bill Buttler and Margaret O'Halloran join as director and senior ...

AIST employee to take legal action over workplace dispute

MARK SMITH  |  FRIDAY, 21 JUN 2013
The Fair Work Commission gave the green light for an Australian Institute of Superannuation Trustees (AIST) employee to take legal action against the industry body after she claimed to have been constructively dismissed. IT systems administrator Hanina ...

Elana Rubin nabs property board appointment

ALICE URIBE  |  FRIDAY, 21 JUN 2013
Former AustralianSuper chair Elana Rubin has been appointed to the Qualitas Property Partners' (Qualitas) advisory board. Qualitas was established in 2008 and is a real estate principal investment group that invests and manages both institutional capital ...

Challenger stages lifetime annuities comeback

MARK SMITH  |  WEDNESDAY, 19 JUN 2013
Lifetime annuities could be staging a dramatic comeback with Challenger targeting sales of $240 million in the 2013 financial year. According to figures from Plan For Life, the industry has not seen demand of that size since 2004, when the top six companies ...

FIIG appoints joint heads of intermediaries

JAMES FERNYHOUGH  |  WEDNESDAY, 19 JUN 2013
Fixed-income investment specialist FIIG Securities(FIIG) has appointed Emma Jenkin and Cathryn Gross as joint heads of Intermediaries under a part-time job share arrangement. Jenkin, who will be based in Melbourne, worked for eight years at investment ...

Customised portfolios ease FoFA burden

MARK SMITH  |  TUESDAY, 18 JUN 2013
Customised multi-asset portfolios regulated under unit trust schemes can help advisers comply with the new FoFA regime coming into force on 1 July. Select Asset Management (Select) has urged Australian financial advice firms to review the underlying ...