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Showing 211 - 220 of 461 results for "Investment Services"

ASIC orders further PIS scrutiny over compliance concerns

LAURA MILLAN  |  WEDNESDAY, 17 JUL 2013
Professional Investment Services (PIS) will be subject to a monitoring program by an independent expert to ensure that its advice processes meet the standards set out in a major enforceable undertaking (EU). The EU came to an end on March 2012 and PIS ...

Super fund mergers pose capacity problem

MARK SMITH  |  MONDAY, 15 JUL 2013
... Australian equity managers and I think that's about 100 too many," Trafford-Walker said. Towers Watson Australia investment services director Graeme Miller agreed. He said that shaking a group of asset managers out of the industry could also result in ...

Morningstar investment advice subsidiary makes four appointments

MARK SMITH  |  WEDNESDAY, 10 JUL 2013
... Jackson and Brent Finneran have joined as relationship associates, and Amanda Freeman has come on board as investment services associate. All four report to head of distribution Matthew Esler. "Their appointments signal our clear commitment to providing ...

PIS sees dramatic drop in adviser numbers

LAURA MILLAN  |  WEDNESDAY, 10 JUL 2013
Independent dealer group Professional Investment Services (PIS) has experienced a significant drop on adviser numbers in the last two years. PIS has seen its advisers drop by more than half in the last two years and it now has 559 advisers, according ...

Stronger Super look-through requirements may erode competitive edge

JAMES FERNYHOUGH  |  FRIDAY, 5 JUL 2013
... confidentiality agreements and erode members' returns, according to Graeme Miller, Towers Watson's director of investment services Australia. The new standards will require super funds to disclose every single security holding that they have in every ...

Last-minute Stronger Super reprieve averts "ludicrous situation"

JAMES FERNYHOUGH  |  THURSDAY, 4 JUL 2013
... Authority on Sunday night detailing which reforms her fund was unable to comply with. Graeme Miller, director of investment services Australia at Towers Watson, said: "I certainly can't recall a time when the legislative burden has been quite as fatiguing ...

Platforms surpass pre-GFC levels

LAURA MILLAN  |  MONDAY, 1 JUL 2013
... hand, independently owned adviser groups represent 28% of all advisers and 17% of adviser FUA. Professional Investment Services (PIS) is the largest independent dealer group and it has seen its market share reduced by 1% in the last year, from 4.1% in ...

Robbie Bennetts takes stake in Beacon

MARK SMITH  |  THURSDAY, 27 JUN 2013
Former Professional Investment Services (PIS) managing director Robbie Bennetts will take a stake in recently formed independent dealer group Beacon Financial Group. He will provide the firm access to tools developed by his consultancy business Robbie ...

Centrepoint set to complete full AAP acquisition

LAURA MILLAN  |  WEDNESDAY, 26 JUN 2013
... transaction to be completed on August 30, 2013. Correction: a previous version that stated that Professional Investment Services (PIS) would acquire AAP. PIS is also a subsidiary company of Centrepoint.

FIIG appoints joint heads of intermediaries

JAMES FERNYHOUGH  |  WEDNESDAY, 19 JUN 2013
... designed to address the business needs of professional women. FIIG's intermediaries team provides fixed-income investment services to financial planners, family offices and private banks. In their new roles managing the team, Jenkin and Gross will focus ...