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Showing 2141 - 2150 of 2989 results for "ARRA"

New port mgr for Equity Trustees

ELISE BURGESS  |  WEDNESDAY, 25 MAY 2011
Fund manager, Equity Trustees, has announced the appointment of a new portfolio manager. John Terlikar has accepted the role as portfolio manager for the EQT Mortgage Income Fund, with a focus on mortgages. In the role, Terlikar will work with retiring ...

FPA urge Treasury to revise legis

ELISE BURGESS  |  FRIDAY, 20 MAY 2011
The Financial Planning Association (FPA) has come out in support of the banning of volume-based payments but warn that if its proceeds as currently set, it will be the end of pure platforms. While debating the prevalence of product neutral platforms ...

Planning pracs down 10pc value

ELISE BURGESS  |  TUESDAY, 17 MAY 2011
The value of financial planning practices has fallen by 10 per cent since the recent FOFA announcement, according to adviser survey results. Consulting firm, Radar Results, has released data based on the firm's valuers which have reduced EBIT multiples ...

$14 billion looking for a home

ALISON BEVEGE  |  FRIDAY, 13 MAY 2011
The biggest wave of freed-up money to hit the market in years will be looking for a home next month with $14 billion worth of bonds set to mature, a credit market expert has said. Vivek Prabhu, portfolio manager and credit analyst for Perpetual, says ...

Industry funds primed for more planning deals

MATT WOODINGTON  |  THURSDAY, 12 MAY 2011
Industry funds are expected to follow AustralianSuper's lead in forming closer alliances with financial planners, as they look to provide advice to more members. News that the $37 billion AustralianSuper will partner with six financial planning groups ...

Bans hit bad planners: ASIC

ALISON BEVEGE  |  THURSDAY, 12 MAY 2011
Three financial advisers and a financial services firm are facing work bans and prosecution after separate ASIC investigations. A former financial adviser who fraudulently withdrew $600,000 from his clients' accounts has pleaded guilty in court to six ...

Bloomberg Tradebook taps into research vein

ELISE BURGESS  |  WEDNESDAY, 11 MAY 2011
Bloomberg Tradebook has released new client-focused programs in a bid to build up its research offerings, with a focus on transparency and client access to information. Available to their Australian clients, the global agency broker has introduced an ...

Director to challenge ASIC ban

ALISON BEVEGE  |  FRIDAY, 6 MAY 2011
Financial services regulator ASIC today said it banned a director for three years from providing financial services - but the director is appealing against the decision which she called "disgraceful". Tracey Burnell, of Doncaster East, Victoria, was ...

Planners react badly to FOFA

ALISON BEVEGE  |  FRIDAY, 6 MAY 2011
Financial planners have reacted in fear to the Future of Financial Advice reforms, anticipating less pay for more work - and would pass costs on to clients, research firm CoreData has found. The independent research canvassed the views of 358 advisers ...

NAB grows FUM despite tough times

ALISON BEVEGE  |  FRIDAY, 6 MAY 2011
MLC & NAB Wealth increased their funds under management by 6.8 per cent to $121.9 billion in the year to March and added 241 financial advisers to its ever-growing network, according to half-yearly results released yesterday. The National Australia ...