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Showing 2841 - 2850 of 3940 results for "USI"

Super funds to provide standard risk measure

MATT WOODINGTON  |  MONDAY, 1 AUG 2011
Under new guidelines announced by the Association of Superannuation Funds of Australia and the Financial Services Council, super funds will provide a 'standard risk measure' as of June 22, 2012. The standard measure estimates the number of negative ...

Agreement reached on debt ceiling

ALISON BEVEGE  |  MONDAY, 1 AUG 2011
The US has reached a last-minute agreement to raise its debt ceiling, narrowly averting what might have become a global economic disaster. US President Barack Obama announced that Democrat and Republican Party leaders in both the House of Representatives ...

Consumers flex social media muscle

ELISE BURGESS  |  MONDAY, 1 AUG 2011
In under 24 hours, over 4,000 people signed up to an online Big Bank Switch campaign by consumer group, CHOICE, reflecting the increasing power of social media as a form of communication. The big four banks, the main target of the campaign, were also ...

Lonsec casts eye over fund fee structures

ALISON BEVEGE  |  FRIDAY, 29 JUL 2011
Ratings agency Lonsec has analysed the fee structures of fund managers in its Australian Equities Long/Short peer group and discovered two funds that employ a performance hurdle of 0%. While the performance fee hurdles employed by most managers in the ...

Adviser fee structures hit the spotlight

ALISON BEVEGE  |  THURSDAY, 28 JUL 2011
Fee structures for financial advisers was a hot topic at a national roadshow in Sydney yesterday with revelations that asset-based fees could not be charged on geared clients. Stewart Bell, executive consultant from Elixir Consulting, gave a detailed ...

One year jail for Opes Prime directors

ELISE BURGESS  |  THURSDAY, 28 JUL 2011
Former directors of failed business Opes Prime Stockbroking have received jail terms for their part in the stockbroker's infamous collapse. Lirim (Laurie) Emini and Anthony Blumberg were charged following an extensive Australian Securities and Investment ...

Industry uncertainty limits MDAs

ELISE BURGESS  |  THURSDAY, 28 JUL 2011
Lack of compliance understanding and industry-wide consensus is hindering advisers from using managed discretionary accounts to their full potential, but new reforms may soon push them into the spotlight, said Institute of Managed Accounts Providers. ...

New tool launched to gear SMSFs into property

ALISON BEVEGE  |  FRIDAY, 22 JUL 2011
Self-managed super administration provider Multiport has launched a new package to help SMSF trustees gear property into SMSFs and invited financial planners to a roundtable discussion debating the merits of property in super. At the luncheon in Sydney ...

Commonwealth Private access IRESS

ALISON BEVEGE  |  THURSDAY, 21 JUL 2011
The private banking arm of the Commonwealth Bank has become the latest big-name client for financial technology firm IRESS Market Technology, giving their advisers access to new tools. IRESS spent six months working with Commonwealth Private, which ...

Opes Prime directors admit guilt

MATT WOODINGTON  |  WEDNESDAY, 20 JUL 2011
Lirim Emini and Anthony Blumberg, the former directors of Opes Prime Stockbroking (OPSL), pleaded guilty to charges related to the collapse of the company in 2008, which left around $630 million owed to creditors. Facing charges brought by ASIC in front ...