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Showing 1971 - 1980 of 2989 results for "ARRA"

Accountants to deliver advice under new regime

LINDA HAUSKEN  |  MONDAY, 15 OCT 2012
Approximately 75% of accountants who took part in an MLC survey plans to deliver advice to their clients under the new proposed licensing regime. Out of the 200 accountants MLC surveyed at its Accountant Seminar Series last week, 67% would like to deliver ...

PC hands down final default super report

ALEX DUNNIN  |  MONDAY, 15 OCT 2012
The Productivity Commission has handed down its report into default superannuation arrangements, coming down largely in favour of the status quo but supplemented with improvements to the selection process and competition between funds. Its core recommendation ...

We'll hunt down commission 'work around': FSA

ALEX DUNNIN  |  FRIDAY, 12 OCT 2012
The UK financial services regulator has warned wealth groups to not try to get around the commissions ban with 'work around' fixes. Commissions and all payments from platforms to financial advisers will be banned in the UK wealth management market from ...

NSW and CFS partner in first gov retail annuity bond

MARK STORY  |  FRIDAY, 5 OCT 2012
Colonial First State (CFS) and the NSW Government have announced a new arrangement that will see the NSW Waratah Annuity Bond offered on the CFS FirstWrap, one of the fastest growing platforms in the industry. The NSW Waratah Annuity Bond, developed ...

ASIC bans two advisers

MELANIE TIMBRELL  |  TUESDAY, 25 SEP 2012
ASIC has banned two advisers from providing financial services following breaches including unlawful early release of superannuation benefits. Simon Turudia, formerly an authorised representative of AMP Financial Planning was found to have arranged ...

Who you know overshadows rules: Freehills view on Asia

ALEX DUNNIN  |  MONDAY, 24 SEP 2012
Australian institutional investors eyeballing Asian investment opportunities need to understand not only their investment markets, but how different Asian business networks and regulatory systems are to Australian systems. Catching out novice Australian ...

Financial Simplicity boosts managed accounts offering

LINDA HAUSKEN  |  FRIDAY, 21 SEP 2012
Financial Simplicity has upgraded its managed accounts offering to include a personalised multi-tax wrapper rebalancing to model portfolios for its wealth management clients. This new functionality has been added to enable wealth managers to calculate ...

Outsourcing risk worries APRA

BEN COLLINS  |  FRIDAY, 21 SEP 2012
Concern over banks increasing their use of overseas outsourcing without appropriate due diligence, has been flagged by the Prudential Regulation Authority in its Insight paper, published earlier in the week. A focus on cost control by Australian deposit ...

Vermilian joins forces with Data Action

MARK STORY  |  THURSDAY, 20 SEP 2012
Banking technology supplier Vermilian Pty Ltd has just signed a Memorandum of Understanding for a cooperative working arrangement with core banking platform provider Data Action Pty Ltd. The arrangement is expected to see the two companies bring more ...

BlackRock to focus on model-based fixed income inv

LINDA HAUSKEN  |  TUESDAY, 18 SEP 2012
Multinational fund manager BlackRock is increasingly focusing on a model-driven approach of fixed income investing for its clients in Australia and overseas, as it believes this is the method of the 21 st century. BlackRock describes model-based fixed ...