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Showing 2091 - 2100 of 2989 results for "ARRA"

Industry funds not our focus: Cormann

ELISE BURGESS  |  WEDNESDAY, 26 OCT 2011
Opt-in, best interest duty and the renewed call for pressure on public policy were under the spotlight as advisers gathered to hear from the Opposition on the introduction of reforms in the advice industry. Senator and shadow assistant treasurer, Mathias ...

Butterworth to leave DKN

ELISE BURGESS  |  THURSDAY, 20 OCT 2011
Phil Butterworth, chief executive of financial service provider DKN, will leave the group this Friday just weeks after it successfully merged with IOOF. The merged group said Butterworth was leaving of his own accord to pursue new opportunities, his ...

CHOICE, ISN hit back at associations aspersions

ELISE BURGESS  |  MONDAY, 17 OCT 2011
CHOICE chair and AUSfin member, Jenni Mack, has responded to financial planning association remarks about the parliamentary FOFA Bill on Friday and said they were aware of the disclosure provision and should instead move on as the rest of the industry ...

Alphington targets younger HNW investors with wealth service

MATT WOODINGTON  |  TUESDAY, 11 OCT 2011
Alphington Private Investor Services has changed its business model and licensing arrangements to provide broad wealth management services to the retail space and typically younger clients. The Melbourne based firm will continue to target higher end ...

IOOF seals DKN takeover

MATT WOODINGTON  |  TUESDAY, 4 OCT 2011
IOOF Holdings has completed its acquisition of DKN Financial Group after gaining approval from the Supreme Court of Victoria. IOOF said in a statement to the ASX that it would now acquire all of the fully paid ordinary shares in DKN that it does not ...

Government confirms ban on commissions

MATT WOODINGTON  |  THURSDAY, 29 SEP 2011
The Government's release of the second tranche of its Future of Financial Advice Reforms has provided few surprises, reinforcing plans to ban conflicted remunerations and soft dollar arrangements. Given the level of fanfare that has surrounded the entire ...

IOOF takeover receives 99% approval

ELISE BURGESS  |  WEDNESDAY, 28 SEP 2011
Eligible DKN shareholders have expressed full support for the proposed takeover by IOOF Holdings, voting 99% in favour of the move. In a shareholder meeting to vote on the proposed Scheme of Arrangement, 98.2% of DKN shareholders registered their vote ...

Banned adviser faces jail term

ELISE BURGESS  |  TUESDAY, 27 SEP 2011
Banned South Australian financial adviser, Trevor Wayne Carll, is facing 28 charges from ASIC, including deception, with a possible jail time of ten years for each offence. Carll, of Port Pirie, South Australia, was banned from the industry in February ...

Family office aligns with hedge fund

ELISE BURGESS  |  TUESDAY, 27 SEP 2011
Hedge fund, Signature Capital Investments, has partnered up with a Sydney-based family office. The strategic alliance between Signature Capital Investments (SGI) and with AR Management (ARM) was made official on September 26. ARM is the management and ...

New online super tracking portal

ELISE BURGESS  |  MONDAY, 26 SEP 2011
The Federal Government has announced plans for a new online lost super tracking system, to relocate 5.8 million lost Australian superannuation accounts holding $18.8 billion. In a bid to make super consolidation an easier process, the Australian Taxation ...