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Showing 241 - 250 of 433 results for "Financial advisor"

Trio investor secures damages from adviser

BEN COLLINS  |  FRIDAY, 8 JUN 2012
... their financial adviser, but that's only an option if there has been some form of misconduct on the part of the financial advisor." Investors and self funded retirees lost approximately $180 million in the Trio fraud. Only those who invested in Trio ...

Consortium buys Challenger Infrastructure Fund assets

BEN COLLINS  |  TUESDAY, 5 JUN 2012
Challenger Infrastructure Fund has sold half of its asset base for $A286.79 million to a consortium which includes Australian super funds and a Dutch pension fund. Challenger Infrastructure Fund (CIF) has entered into a binding sale agreement for its ...

$10bn in Asia M&A deals so far in 2012

ALEX DUNNIN  |  THURSDAY, 19 APR 2012
M&A activity in Asia, on the back of economic growth in the region, accounted for $10 billion in deals in the last three months alone, despite this activity being in a dip. "Southeast Asian M&A rebounded 50.5% in Q1 2012 after a lacklustre last quarter ...

Hyperion restructures, names new MD

MELANIE TIMBRELL  |  TUESDAY, 17 APR 2012
Boutique Australian equities fund manager Hyperion Asset Management has named Tim Samway new managing director following the decision to establish a private equity business. Samway is currently Hyperion's institutional business director and a founding ...

Alphington wins corporate super mandate

ELISE BURGESS  |  WEDNESDAY, 4 APR 2012
Alphington Private Wealth is the corporate super adviser for SMEC Super Fund, after being awarded a $45 million mandate. Under the mandate, Alphington will work with SMEC Super Fund staff and management to deliver wealth management, consulting and financial ...

Macquarie sees managed accounts surge

ELISE BURGESS  |  THURSDAY, 15 MAR 2012
Macquarie Private Portfolio Management has signed white label and co-branded product agreements to provide individually and separately managed accounts to two groups with its distribution now reaching over 30 financial advisory dealer groups. The managed ...

FOFA provisions will go ahead: PJC

ELISE BURGESS  |  THURSDAY, 1 MAR 2012
The date is set for FOFA to start on July 1 this year with the Parliamentary Joint Committee releasing its report, complete with 15 new recommendations. In its 220-page report, the Parliamentary Joint Committee (PJC) noted that despite industry calls ...

Super contributions break through $1 trillion

ALEX DUNNIN  |  THURSDAY, 1 MAR 2012
In the past 13 years, $1 trillion has been contributed into superannuation funds while the proportion of benefits paid as lump sums has plummeted. The Australian Prudential Regulation Authority has just released its Annual Superannuation Bulletin for ...

Mercer appoints outsourcing head for Aust/NZ

ELISE BURGESS  |  FRIDAY, 10 FEB 2012
Ben Walsh has been appointed as the outsourcing market business leader for Australia and New Zealand, responsible for administration and services such as Mercer Super Trust, corporate stand-alone clients and industry and public sector funds. Mercer's ...

Issues beyond the FOFA horizon

ELISE BURGESS  |  WEDNESDAY, 18 JAN 2012
The Parliamentary Joint Committee submissions continue at a rapid pace with the Government receiving opinions both for and against the FOFA reforms package, yet a recent industry panel session looked at the issues facing the advice industry beyond FOFA ...