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Showing 251 - 260 of 1907 results for Laura Millan

ISA voices strong opposition to "radical" super reform

LAURA MILLAN  |  MONDAY, 27 JUL 2015
Industry Super Australia (ISA) has warned that the government's proposal to remove equal representation in super fund boards "is radical" and constitutes the most significant change to the system since its inception. "There is a real risk that importing ...

Aligned execs join Fortnum in advice arm restructure

LAURA MILLAN  |  MONDAY, 27 JUL 2015
Fortnum Financial Group has restructured its financial planning business and appointed four executives from IOOF-owned Shadforth Financial Group, Commonwealth Bank and AMP-owned Genesys and Charter Financial Planning. As part of the restructure, Fortnum ...

Macquarie awarded $2bn in mandates

LAURA MILLAN  |  FRIDAY, 24 JUL 2015
Macquarie Investment Management (MIM) was awarded over $2 billion in new institutional mandates during the three months to 30 June 2015. The mandates were awarded across ten strategies in six different countries, Macquarie said during the annual general ...

Super board changes could cost funds $20m a year

LAURA MILLAN  |  FRIDAY, 24 JUL 2015
Appointing independent trustees to the boards of superannuation funds could cost about $20 million only on the first year, the Australian Institute of Superannuation Trustees (AIST) warned. "How can these costs be justified when there is no evidence ...

SMSF Association launches accreditation

LAURA MILLAN  |  FRIDAY, 24 JUL 2015
The SMSF Association has launched an accreditation program for financial services workers willing to know the basics of self-managed super funds (SMSFs). The SMSF Practitioner (SSP) program is a practical, foundation-based SMSF designation aimed at ...

Member engagement a danger to super savings

LAURA MILLAN  |  THURSDAY, 23 JUL 2015
A high level of engagement with superannuation savings can lead members to make the wrong move at the wrong time, industry execs have warned. "The joke is that often if you're disengaged with your super, ironically it can be good," State Street Global ...

Accountants flood independent licensee

LAURA MILLAN  |  THURSDAY, 23 JUL 2015
A non-aligned dealer group has seen 30 accounting practices join in the last year as the limited and full advice licenses gain momentum. GPS Wealth said that so far the limited license has been the most popular option for accounting practices joining ...

Macquarie pays $11m advice compensation so far

LAURA MILLAN  |  THURSDAY, 23 JUL 2015
Macquarie Group's comprehensive advice remediation program has paid $11 million to disgruntled advice clients a year after it was put in place. Documents made public by the group prior to the annual general meeting today reveal that, to 30 June 2015 ...

Greece, China damage global hedge fund returns

LAURA MILLAN  |  WEDNESDAY, 22 JUL 2015
Hedge fund returns have been hit by the Chinese market correction and by the Greek debt crisis, a global Eurekahedge report for June 2015 showed. After five months of consecutive gains, hedge funds posted their first monthly loss this year in June ...

Perpetual, TAL advisers join independent firm

LAURA MILLAN  |  WEDNESDAY, 22 JUL 2015
A non-aligned Sydney advice firm has hired two financial advisers who were previously at Perpetual Private and TAL. Manly Financial Services (MFS) is aiming to maintain the current client growth of 30%, following the purchase of Augeo Wealth Management ...