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Showing 261 - 270 of 368 results for "IFS"

ASIC defends AMP FP action

KATE HAGE  |  THURSDAY, 3 AUG 2006
Australian Securities and Investments Commission (ASIC) chairman, Jeffrey Lucy, defended the regulator's decision to avoid a court action in preference of handing out an enforceable undertaking to AMP Financial Planning yesterday, flagging an increased ...

Industry pleads for greater professionalism

KATE HAGE  |  THURSDAY, 3 AUG 2006
The wealth management industry is in transition and now is the time to strive for greater professionalism, said industry identities at the opening session of the IFSA annual conference yesterday. In a panel session which neatly delved into the issues ...

FinLit website goes live

ALEX DUNNIN  |  THURSDAY, 27 JUL 2006
The Financial Literacy Foundation has finally launched its long awaited UnderstandingMoney website. UnderstandingMoney.gov.au is the public face of the Financial Literacy campaign that has transfixed the financial services, and in particular superannuation ...

Industry gives new AML/CTF Bill the nod

KATE HAGE  |  FRIDAY, 14 JUL 2006
The Federal Government has released a revised version of the draft Anti-Money Laundering and Counter Terrorism Financing Bill (AML/CTF) which has been cautiously welcomed by key industry groups who are pushing for a three year transition time. The changes ...

ME-IFS merger just the end of the beginning: Weaven

ALEX DUNNIN  |  FRIDAY, 7 JUL 2006
The merger of Members Equity (ME) and Industry Funds Services (IFS) might be the beginning of the end for IFS, but for industry funds it's just the end of the beginning. Garry Weaven, IFS chair and now director of ME, said at a function marking the ...

Industry funds target top end with TV campaign part 2

KATE HAGE  |  THURSDAY, 6 JUL 2006
... final account balance of $1,117,805 while the retail member trails with a $994,446 balance. Chair of Industry Funds Services (IFS), Garry Weaven, said the campaign will target retail fund's adviser fees and commissions. "Our competitors, using armies ...

MTAA Super launches its own pension products

ALEX DUNNIN  |  WEDNESDAY, 5 JUL 2006
... MTAA Super's marketing manager. But in a significant move, even though MTAA Super is a shareholder in Industry Fund Services (IFS), it will not be using the IRIS allocated pension product. We needed our pension investment options to reflect the MTAA ...

SFE claims first ASX scalp

KATE HAGE  |  THURSDAY, 15 JUN 2006
The merger that was once touted as a fait accompli took an interesting turn yesterday as Australian Stock Exchange (ASX) shareholders moved to oust their chief executive, Tony D'Aloisio, in order to win support for what has become a stalled merger with ...

Self-congratulatory advisers still ignoring lower end market

KATE HAGE  |  FRIDAY, 9 JUN 2006
Advisers were giving themselves a pat on the back yesterday over newly commissioned research that showed consumers were satisfied with their level of advice, but many consumers say they are still left wanting for broader advice at the lower end of the ...

Govt will not ban commissions: Pearce

KATE HAGE  |  WEDNESDAY, 7 JUN 2006
The Government will not step in and ban commission-based remuneration, said the Parliamentary Secretary to the Treasurer, Chris Pearce, who urged the advisory industry to sort it out among themselves. Speaking at an Investment and Financial Services ...