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Showing 2051 - 2060 of 2989 results for "ARRA"

ASIC tackles platform industry

CLAIRE MCGREAL  |  TUESDAY, 13 MAR 2012
ASIC is set to review its regulatory approach to platforms as part of its broader shake-up of the financial services industry. Plans include a requirement that platform operators disclose how they choose financial products for their investment menus. ...

MLC MasterKey gives advisers more investment options

CLAIRE MCGREAL  |  MONDAY, 12 MAR 2012
Three new funds have been added to the MLC MasterKey Fundamentals investment menu. The options include Antares Elite Opportunties fund, the Antares Elite Growth Shares fund and the Altrinsic Global Equities fund. MLC MasterKey said the additions were ...

Russell completes Prime Super transition

MELANIE TIMBRELL  |  FRIDAY, 9 MAR 2012
Russell Investments is urging super funds to reconsider outsourcing administration arrangements following the announcement of the successful transition of industry fund Prime Super members to Russell's administration platform in January this year. The ...

APRA accepts EU from former Trio director

CLAIRE MCGREAL  |  WEDNESDAY, 7 MAR 2012
APRA has accepted an enforceable undertaking from a sixth former director of Trio Capital. John Godfrey was a non-executive director of Trio between February 2005 and June 2007, as well as being chair of the board from June 2005 to February 2007. Godfrey ...

Adviser banned for chasing commissions

ELISE BURGESS  |  WEDNESDAY, 7 MAR 2012
ASIC has permanently banned a Sydney financial adviser after it was found she falsified more than 60 insurance policies in order to collect the consequent commissions. Susan Heathwood, of Randwick, was an authorised representative of GuardianFP from ...

ATO warns SMSFs on property transfers

ALEX DUNNIN  |  TUESDAY, 6 MAR 2012
The Australian Taxation Office has warned self managed super fund trustees about inappropriate property transfers into super funds, signalling a crackdown into the practice. "The only real estate you can transfer into your SMSF is business real property. ...

ASIC wants more pay disclosure

MELANIE TIMBRELL  |  THURSDAY, 1 MAR 2012
Companies need to up their game on executive and director remuneration disclosure, according to the Australian Securities and Investments Commission. A review of 50 remuneration reports from 300 of Australia's largest companies for the year ended June ...

MLC shakes up portfolio allocations

ELISE BURGESS  |  TUESDAY, 28 FEB 2012
MLC has shifted its Australian share strategy manager allocations for its major portfolios to add passive allocations to its investment strategy, replacing Concord Capital with Vanguard Investments among other changes. The MLC Horizon Series of portfolios ...

Cost cutting key for Perpetual in 2012

CLAIRE MCGREAL  |  THURSDAY, 23 FEB 2012
Cost reduction is a key priority for Perpetual Limited this year, with the group hiring an international consulting firm to review where savings can be made straight away. In its half yearly results released today, the financial services firm posted ...

Beware the traps in aged care advice

ELISE BURGESS  |  WEDNESDAY, 22 FEB 2012
Discussing the differences between retirement income and aged care strategies, speaker Crissy DeManuele, technical manager for Strategy Steps told of the technical traps involved in this area for advisers during the Financial Standard Technical Services ...