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Showing 2801 - 2810 of 4013 results for "Accounts"

US delays tax avoidance law by 6 months

MARK SMITH  |  MONDAY, 15 JUL 2013
... Tax Compliance Act (FACTA) requires foreign banks, insurance companies and asset managers to report information about accounts with more than $50,000 to the US Internal Revenue Service. The Treasury Department said the delay was put in place to help ...

US regulator lifts hedge fund advertising ban

MARK SMITH  |  FRIDAY, 12 JUL 2013
... public transparency regarding the hedge fund industry and enhance capital markets. The US hedge fund industry reportedly accounts for US$2 trillion in assets. The head of the online private marketplace SecondMarket Barry Silbert told Reuters that he ...

Super syphons savings from banks

JAMES FERNYHOUGH  |  THURSDAY, 11 JUL 2013
... productive use of their money. However, "professional managers will not leave lazy balances in deposit and transaction accounts and work as a force to increase the return paid on 'deposit' monies. "This observation highlights the importance of contrasting ...

LGS takes stand on Bangladesh, gains MySuper licence

ALEX DUNNIN, JAMES FERNYHOUGH  |  THURSDAY, 11 JUL 2013
... to offer MySuper products now represent $400 billion in superannuation asset under management and 12.4 million member accounts, according to analysis by Rainmaker.

Advisers hitting SMSF service targets

LAURA MILLAN  |  THURSDAY, 11 JUL 2013
... driver of satisfaction. "Advisers are telling us what is most important to them is the ability to easily open and manage accounts, which means providing them with solutions that help them to change account details and process withdrawals in a timely ...

SMSFs urged to consider transparent alternatives to managed funds

JAMES FERNYHOUGH  |  WEDNESDAY, 10 JUL 2013
... delegate management, but also wanting to keep tabs on their investments, are being urged to consider separately managed accounts (SMAs) and managed discretionary accounts (MDAs). SMSF solution provider Xpress Super announced yesterday that it had added ...

ASIC slaps permanent ban on insurance claim manager

MARK SMITH  |  WEDNESDAY, 10 JUL 2013
... May 2012. He received a total of $1,224,936.15 in fraudulent claims. The misappropriated funds were sourced from trust accounts held by ATC on behalf of ATC's underwriters. ASIC's investigation established that $967,221.74 was directed to Loys' bank ...

Former Deutsche AM CEO joins Brookvine

JAMES FERNYHOUGH  |  WEDNESDAY, 10 JUL 2013
... after that of Natalie Hall, who was promoted to client services director, and of Alison Stauss, who was made strategic accounts and research manager. Like O'Brien, Stauss was formerly at Deutsche Asset Management. Steven Hall said: "We're broadening ...

BT insurance available on Asgard

LAURA MILLAN  |  FRIDAY, 5 JUL 2013
... first time with the launch of BT life insurance through its platform. BT Protection Plans can be accessed through super accounts on Asgard's platforms, BT Wrap as well as off-platform. "We want to make life insurance easy for customers and give them ...

AIA Priority Protection added to Asgard

MARK SMITH  |  MONDAY, 1 JUL 2013
... anticipates further growth with the move onto the broader Asgard platform, including eWrap, Infinity eWrap, Asgard Super Accounts and Elements. Mu added that there were no plans to slow the move onto new platforms. "We're seeing a shift in the way platform ...