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Showing 251 - 260 of 594 results for "MCG"

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 ...

Franklin Templeton plans retail growth

CLAIRE MCGREAL  |  THURSDAY, 8 MAR 2012
Franklin Templeton Investments plans to significantly expand its retail presence in Australia this year, potentially through platforms, dealer groups and new appointments. The Australian arm of the global Franklin Templeton Group currently manages around ...

Total super industry assets grow to $1.31 trillion: APRA

CLAIRE MCGREAL  |  THURSDAY, 8 MAR 2012
Total assets in the super industry, including SMSFs and balance of life office statutory funds, increased by $15.8 bn to $1.31 trillion in the year ending December 31, 2011. Latest quarterly super performance figures from APRA show an increase of $23.8 ...

APRA accepts EU from former Trio director

CLAIRE MCGREAL  |  WEDNESDAY, 7 MAR 2012
APRA has accepted an enforceable undertaking from a sixth former director of Trio Capital. John Godfrey was a non-executive director of Trio between February 2005 and June 2007, as well as being chair of the board from June 2005 to February 2007. Godfrey ...