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Showing 251 - 260 of 597 results for "MCG"

Take advantage of current concessional caps: OnePath

CLAIRE MCGREAL  |  WEDNESDAY, 14 MAR 2012
Advisers should urge their clients to take advantage of current super concessional caps, with legislative uncertainty surrounding contribution limits for the over 50s from July 1. That's according to Andrew Lowe, head of technical sales strategy at ...

Gonski appointed new chair of Future Fund

CLAIRE MCGREAL  |  WEDNESDAY, 14 MAR 2012
David Gonski will resign as chair of the ASX Group to replace former CBA boss David Murray as the new chair of the Future Fund, in charge of nearly $90bn in assets. The government has also appointed Morgan Stanley Australia head, Steven Harker, to the ...

Gen Y aiming high: REST

CLAIRE MCGREAL  |  TUESDAY, 13 MAR 2012
The majority of Gen Ys have high aspirations for their futures, with two thirds expecting to work as hard, if not harder than their parents to achieve their desired lifestyle. A new survey by REST Super looks at the "wealth style" of 600 18 to 30 year ...

ASIC tackles platform industry

CLAIRE MCGREAL  |  TUESDAY, 13 MAR 2012
ASIC is set to review its regulatory approach to platforms as part of its broader shake-up of the financial services industry. Plans include a requirement that platform operators disclose how they choose financial products for their investment menus. ...

BetaShares launches High Interest cash ETF

CLAIRE MCGREAL  |  MONDAY, 12 MAR 2012
BetaShares has launched the first in a range of cash exchange traded funds due on the Australian Securities Exchange in the coming weeks. The Australian High Interest Cash exchange traded fund (ETF) will hold Australian dollars in bank deposit accounts ...

MLC MasterKey gives advisers more investment options

CLAIRE MCGREAL  |  MONDAY, 12 MAR 2012
Three new funds have been added to the MLC MasterKey Fundamentals investment menu. The options include Antares Elite Opportunties fund, the Antares Elite Growth Shares fund and the Altrinsic Global Equities fund. MLC MasterKey said the additions were ...

Schroders board shake-up

CLAIRE MCGREAL  |  MONDAY, 12 MAR 2012
Global asset manager Schroders has made a number of board changes and announced that its chief investment officer will stand down after seven years. Chair Michael Miles will leave after the company's Annual General Meeting (AGM) in May to be replaced ...

Australian Capital Reserve directors sentenced

CLAIRE MCGREAL  |  FRIDAY, 9 MAR 2012
The former directors of Australian Capital Reserve have been given prison sentences on ASIC charges of false or misleading statements in the company's accounts and a prospectus. The three directors will serve their terms through Intensive Correction ...

New St George and Westpac New Zealand CEOs appointed

CLAIRE MCGREAL  |  FRIDAY, 9 MAR 2012
Rob Chapman is stepping down as chief executive of the St George Banking Group to be replaced by Westpac New Zealand boss George Frazis, with senior Westpac executive Peter Clare taking over in New Zealand. Chapman has been at the helm of St George ...

AFA urges Independents to help change FOFA

CLAIRE MCGREAL  |  THURSDAY, 8 MAR 2012
The Association of Financial Advisers has written to Independents and other MPs urging their support to change certain elements of the planned FOFA legislation. Issues outlined by the association include the removal of retrospective fee disclosure requirements ...