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Showing 231 - 240 of 594 results for "MCG"

FSC: Government drops opt-in requirement

CLAIRE MCGREAL  |  THURSDAY, 22 MAR 2012
The Financial Services Council has accused the government of "walking away" from the "centrepiece" of the FOFA reforms by dropping the opt-in requirement for advisers. The FSC said it was responding to FOFA amendments tabled in parliament today, maintaining ...

Former Count boss made SPAA director

CLAIRE MCGREAL  |  THURSDAY, 22 MAR 2012
Former Count Financial chief Andrew Gale has been appointed as a director on the board of the Self- Managed Super Fund Professionals' Association of Australia. Gale was managing director and chief executive of Count Financial before it was taken over ...

AFA hits out at ISN over deal allegations

CLAIRE MCGREAL  |  THURSDAY, 22 MAR 2012
The AFA has weighed into the debate over allegations a deal had been struck between the FPA and Industry Super Network on opt-in and the use of the term "financial planner". National media reported this week that the Financial Planning Association (FPA) ...

PJC releases MySuper report

CLAIRE MCGREAL  |  WEDNESDAY, 21 MAR 2012
The PJC is recommending the government redraft the MySuper Bill to clarify the clause relating to large employers and the provision of tailored MySuper products. In its 102-page report released this week, the Parliamentary Joint Committee (PJC) on Corporations ...

Praemium board restructure

CLAIRE MCGREAL  |  WEDNESDAY, 21 MAR 2012
Financial portfolio administrator Praemium has made a number of changes to its board, which includes the resignation of non-executive director and former chair Don Stammer. Stammer was chair from the time the company was first listed on the ASX in July ...

ASFA, FSC applaud passing of SG rise

CLAIRE MCGREAL  |  TUESDAY, 20 MAR 2012
Super industry bodies have heralded last night's passing of the mining tax legislation, which paves the way for the gradual SG rise to 12 %, as an "historic" day for Australians. The legislation also provides for a super tax rebate for low-income earners ...

FIRST Super invites Tony Abbott to board meeting

CLAIRE MCGREAL  |  TUESDAY, 20 MAR 2012
Industry fund FIRST Super has extended an olive branch to Tony Abbott, inviting the Opposition leader to their next board meeting. The invite comes in the wake of Abbott's scathing criticism last week of the way industry super fund boards are run. According ...

Match making service launched for advisers

CLAIRE MCGREAL  |  TUESDAY, 20 MAR 2012
Pinnacle Practice has launched a new service for advisers and licensees, aimed at helping them find the most compatible match for their businesses. The My Dealer Group service offers independent licensee/adviser compatibility assessments. "In many respects ...

Five Oceans wins global equities mandate

CLAIRE MCGREAL  |  MONDAY, 19 MAR 2012
Australian international equities manager Five Oceans Asset Management has been chosen to run Skandia Investment Group's US$350 million global equity fund. Until now the fund had been managed by JP Morgan Asset Management. "Five Oceans Asset Management ...

FSC urges Senate to vote for SG rise

CLAIRE MCGREAL  |  MONDAY, 19 MAR 2012
The Financial Services Council is urging Senators to pass legislation to increase the superannuation guarantee, tabled for today, saying Australians would benefit to the tune of $184bn as a result. New research carried out by Rice Warner Actuaries for ...