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Showing 2371 - 2380 of 3289 results for "Smith"

MoneySmart list of unlicensed companies approaches 700

MARK SMITH  |  FRIDAY, 17 MAY 2013
The number of unlicensed companies listed on the Australian Securities and Investments Commission (ASIC)'s online financial literacy website, MoneySmart, has grown to 696. China Environment Group Limited (CEG), based in the British Virgin Islands, has ...

Standard Life Inv Absolute Return Bond fund open to Aussie investors

MARK SMITH  |  FRIDAY, 17 MAY 2013
Standard Life Investments (SLI) is looking to build on the success of its top-selling Global Absolute Return Strategies (GARS) fund by making its Absolute Return Global Bond Strategies fund available to Australian investors. Like GARS, the Absolute ...

Govt loses, then wins vote on super legislation

MARK SMITH  |  THURSDAY, 16 MAY 2013
The House of Representatives voted in favour of Opposition amendments designed to ensure at least a third of super fund trustees have to be independent before the government regrouped to rule out the amendment. According to a statement from Opposition ...

Tax lump sums to beat longevity crisis: ASFA

MARK SMITH  |  THURSDAY, 16 MAY 2013
Imposing higher taxes on taking lump sums from superannuation will encourage members approaching retirement to opt for income streams, the Association of Superannuation Funds of Australia (ASFA) has said in a new whitepaper. Announcing it at its annual ...

Suncorp Advice appoints practice development manager

MARK SMITH  |  THURSDAY, 16 MAY 2013
Suncorp Advice has appointed Michael Frawley as practice development manager for Suncorp's self-employed advisory channel in Queensland. Based in Brisbane, Frawley is responsible for partnering with Suncorp-licensed advisers in Queensland to help them ...

Enshrinement of "financial planner" closer to becoming law

MARK SMITH  |  THURSDAY, 16 MAY 2013
The terms "financial planner" and "financial adviser" took a step closer to being enshrined in law after a Parliamentary Joint Committee (PJC) was asked to provide a report on the issue. With the Coalition confirming they would not oppose the bill ...

Advice proposition props up mortgage broker market share

MARK SMITH  |  THURSDAY, 16 MAY 2013
A focus on providing customers with tailored advice has helped the mortgage broking industry retain its market share in the face of strong competition from the lending market, according to Mortgage & Finance Association of Australia (MFAA) chief executive ...

ASIC drops charges against Westpoint directors

MARK SMITH  |  WEDNESDAY, 15 MAY 2013
Proceedings against former Westpoint directors Norman Carey and Graeme Rundle have collapsed after the regulator discovered a surprise document, two weeks into the trial. The Australian Securities and Investment Commission (ASIC) said it had disclosed ...

SMSF growth slows on low super system confidence

MARK SMITH  |  WEDNESDAY, 15 MAY 2013
A lack of confidence in the superannuation system is slowing the growth of the self-managed super fund (SMSF) market, according to Jordan George, technical development and policy manager at the SMSF Professionals' Association of Australia (SPAA). Speaking ...

Budget gets nod of approval from industry bodies

JAMES FERNYHOUGH, MARK SMITH  |  WEDNESDAY, 15 MAY 2013
Superannuation industry bodies have responded positively to last night's federal budget, generally agreeing that there were no major surprises. The Association of Superannuation Funds of Australia (ASFA) chief executive Pauline Vamos praised the government ...