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Showing 1961 - 1970 of 3554 results for "October 2002"

Nikko downgrades equities stance

MARK SMITH  |  FRIDAY, 2 OCT 2015
Nikko Asset Management has downgraded its house view on global equities from overweight to neutral to reflect stock prices reaching what it believes to be fair value, particularly in the US. The global fund manager has been positive on stocks since ...

AFA Rising Star finalists announced

ALEX BURKE  |  FRIDAY, 2 OCT 2015
The Association of Financial Advisers and ANZ Wealth have announced the finalists for its 2015 Rising Star award. Peel Wealth Financial Planning's Katherine Cairns, Mr Insurance's Declan Doolan, Harvest Wealth's Kylie George, AP Financial Solutions' ...

ASIC hits advice firm with more licence conditions

ALEX BURKE  |  FRIDAY, 2 OCT 2015
ASIC has increased its surveillance activity on Total Financial Solutions Australia advisers, following compliance concerns. The surveillance commenced in October 2014 and focused on TFSA product advice, which ASIC identified as having a "one-size-fits-all ...

Link Group announces plans for float

MARK SMITH  |  WEDNESDAY, 30 SEP 2015
Superannuation administration company Link Group is targeting a valuation of up to $2.6 billion in an initial public offer expected to take place on 27 October. Details in the prospectus reveal the company aims to raise between $879.2 million and $946.5 ...

New laws define inactive super members

DARREN SNYDER  |  WEDNESDAY, 30 SEP 2015
The federal government has released draft legislation aiming to reduce red tape for superannuation funds and individuals by streamlining lost and unclaimed super administrative arrangements. Under the new laws a super member will be considered inactive ...

Comparative advantage

BENJAMIN ONG  |  TUESDAY, 29 SEP 2015
Aren't you glad I didn't lift? This must be what's in Janet's head as she scours the global economic and financial market landscape and saw that it wasn't good. Yes folks, financial markets were doing backflips again overnight on concerns over dropping ...

Treysta moves $200 million funds under advice into managed accounts

MICHELLE BALTAZAR  |  MONDAY, 28 SEP 2015
The next generation of financial advisers are in an enviable position to offer investment solutions that have long eluded their predecessors. Mark Nagle, executive director at Treysta Financial Life Management, explains how managed accounts have transformed ...

ASX to set up shop in Hong Kong

STAFF WRITER  |  FRIDAY, 25 SEP 2015
ASX will open a local office in Hong Kong's financial district to better service its customer base in the Asian region. The office will open on 1 October and will be headed by Asian business development manager James Keeley. The move coincides with ...

AMP China Fund changes "too weak": unit holders

LAURA MILLAN  |  FRIDAY, 25 SEP 2015
The largest independent unit holder of the China Growth Fund (AGF) has labeled AMP Capital's effort to reduce the discount "extremely disappointing and too weak." LIM Advisors is directly contacting other unit holders of the fund as it considers that ...

Many APLs still block managed account usage

STAFF WRITER  |  WEDNESDAY, 23 SEP 2015
Despite the rise and rise of managed accounts, financial advisers still report that APL and AFSL restrictions are the main blockage on more of them getting on board with this new way of administering investments. Financial Standard has just completed ...