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Showing 2901 - 2910 of 4776 results for "July 8"

Whitehelm Capital appoints chief executive

MARK SMITH  |  TUESDAY, 1 JUL 2014
Whitehelm Capital has appointed Gary Withers from UK fund manager First State Investments as its chief executive officer. The appointment coincides with the merger of Challenger Limited's infrastructure division with Access Capital and the formal commencement ...

FoFA future uncertain as Palmer threatens to join opposition

LAURA MILLAN  |  MONDAY, 30 JUN 2014
The government's efforts to give financial advisers more certainty by passing some of the Future of Financial Advice (FoFA) reforms through regulations could be in vain as Clive Palmer suggested his party, Palmer United, does not support the measures. ...

Super funds procrastinate on holdings disclosure

JAMES FERNYHOUGH  |  THURSDAY, 26 JUN 2014
Super funds are not treating the looming reality of portfolio holdings disclosure as a priority, according to BNP Paribas Securities Services' chief administration officer Daryl Crich. Speaking to media this week, Crich said: "I don't think it is front ...

Treasury contemplates TASA relief for experienced advisers

LAURA MILLAN  |  THURSDAY, 26 JUN 2014
Financial planners who have had six years of experience over the past eight and belong to a professional association will not have to meet the new Tax Agents Services Act 2009 (TASA) requirements for advisers, Treasury said. The government has issued ...

SMSF members getting younger

MARK SMITH  |  TUESDAY, 24 JUN 2014
More than six in 10 self-managed super fund (SMSF) members are aged between 34 and 54 as Australian Taxation Office (ATO) data shows members are getting younger. According to the latest Trends in SMSFS report from CoreData, the age distribution of members ...

ASIC bans former PIS and AMP advisers

LAURA MILLAN  |  MONDAY, 23 JUN 2014
Former Professional Investment Services (PIS) and AMP Financial Planning advisers have been banned from financial services. The Australian Securities and Investments Commission (ASIC) took action against AMP Financial Planning adviser Roy Whye Wah Moo ...

Government to pass most FoFA changes through regulation

LAURA MILLAN  |  FRIDAY, 20 JUN 2014
The government is intending to approve most changes to the Future of Financial Advice (FoFA) law through regulation first, despite Labor and the Greens strong opposition to the amendments. Minister for Finance Mathias Cormann issued a response to the ...

Financial services falling behind in online transactions

MARK SMITH  |  FRIDAY, 20 JUN 2014
The financial services industry is lagging behind other sectors in online business transactions, according to data released this week by the Australian Bureau of Statistics (ABS). The report -- Summary of IT Use and Innovation in Australian Business ...

Key Telstra Super investment exec resigns

ALICE URIBE  |  THURSDAY, 19 JUN 2014
Telstra Super's head of fixed interest has resigned after more than six years in the role. A Telstra Super spokesperson confirmed that Chris Artis resigned earlier this week and would depart the fund on July 8. His main responsibility was the domestic ...

Xenophon rejects Senate FoFA report

LAURA MILLAN  |  WEDNESDAY, 18 JUN 2014
Independent Senator Nick Xenophon has confirmed that does not support the Senate Economics Committee report on the Future of Financial Advice (FoFA) reform. Xenophon said via his Twitter account that he does not support "the government's FoFA repeal ...