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Showing 2271 - 2280 of 2989 results for "ARRA"

ASIC a step closer to Storm resolution

ASIC RELEASE  |  FRIDAY, 19 MAR 2010
ASIC has completed a major phase of its investigation into failed Storm Financial and is entering the next part of its investigation, aimed at achieving a commercial resolution for investors. The next phase will now take place until the end of May 2010 ...

Cbus Connect merger heralds investment changes

RUTH LIEW  |  FRIDAY, 19 MAR 2010
Cbus is in merger talks with electricity fund CONNECT - a move that could see changes in overlapping mandates and a face off between each fund's asset consultant, Frontier Investments and JANA. Cbus, the industry fund for the construction, building ...

Instos gain Asian dark pool market

COMPANY RELEASE  |  THURSDAY, 18 MAR 2010
Fund managers and institutional investors could save money on their Asia-based share trading after Investment Technology Group (ITG) launched enhanced dark pool market place. ITG has combined the institutional liquidity from POSIT, the firm's crossing ...

Admins team up for rollover revolution

RUTH LIEW  |  FRIDAY, 12 MAR 2010
Three of the country's biggest administrators - AAS, Pillar Administration and Superpartners - are joining forces to set up a standard of protocols for fund rollovers. In a move in line with the Government's initiative to use Medicare as a small business ...

Changes to borrowing brings peace of mind

MICHAEL HOBBS  |  THURSDAY, 11 MAR 2010
The government's proposal to bring certain borrowing arrangements under the Corporations Act means shonky promoters will be shut out of the market and self managed super fund (SMSF) trustees can have peace of mind when using the products. Chris Bowen ...

Military Super reforms under senate scrutiny

RUTH LIEW  |  WEDNESDAY, 3 MAR 2010
The senate is holding an inquiry into military and civilian superannuation reforms proposed by the Federal Government - including the management merger of civilian and military schemes. The shadow minister for veterans' affairs, Louise Markus, and the ...

Multiport upgrades UMA service

COMPANY RELEASE  |  WEDNESDAY, 3 MAR 2010
Multiport has improved its unified managed account offer by upgrading its model portfolio management system - allowing SMSFs to use model portfolios alongside their direct investments on the same Multiport service. The move allows dealer groups to operate ...

J.P. Morgan hires 50 for custody business

MICHAEL HOBBS  |  TUESDAY, 2 MAR 2010
J.P. Morgan's custody business has hired 50 executives across taxation, business analytics and client servicing in the past four months to cope with client demand. Bryan Gray, managing director of sales & client relationship management at J.P. Morgan ...

ESI Super targets younger members on advice

RUTH LIEW  |  TUESDAY, 2 MAR 2010
Gen Y super fund members are a fickle lot - a trend ESI Super recognises and is hoping to change by engaging younger members with its new financial planning strategy. Robyn Petrou, chief executive of the $2.8 billion fund, is looking to ramp up ESI ...

Russell wins OneSteel mandate

COMPANY RELEASE  |  MONDAY, 22 FEB 2010
Russell has snagged one of the biggest master trust mandates when OneSteel outsourced its $1.1 billion corporate fund to the Russell Super Solution Master Trust (SSMT). The OneSteel superannuation fund has almost 11,000 members. Russell Investments ...