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Showing 2991 - 3000 of 4761 results for "July 2014"

Magellan High Conviction fund 'Recommended' by Zenith

MARK SMITH  |  THURSDAY, 31 OCT 2013
The Magellan High Conviction Fund has received a 'Recommended' rating from Zenith. Managed by Hamish Douglass, the fund provides investors with a highly concentrated exposure to the international equity market. It was launched in July 2013. The fund ...

MyState appoints new chairman

MARK SMITH  |  WEDNESDAY, 30 OCT 2013
MyState Limited has appointed Miles Hampton as chairman after Dr Michael Vertigan AC stepped down, the company announced at its annual general meeting yesterday. Hampton is currently chairman of the MyState Limited Board's Group Risk Committee and is ...

Direct investment growth changes landscape

MARK SMITH  |  FRIDAY, 25 OCT 2013
A steady rise in the number of consumers investing directly signals the emergence of a new investment landscape for wealth managers to tap into, according to a CoreData report. CoreData said the growth in the segment poses both challenges and opportunities ...

Govt confirms SG delay, kills LICS

MARK SMITH  |  FRIDAY, 25 OCT 2013
The Government has confirmed it will delay the increase in the compulsory superannuation contributions to 12% and that it will abolish the Lower Income Contribution Scheme. Details of the government's plan to stall the lift in the superannuation guarantee ...

HOSTPLUS targets SMSFs with direct infra option

JAMES FERNYHOUGH  |  THURSDAY, 24 OCT 2013
Industry super fund HOSTPLUS has said it will introduce a direct infrastructure investment option aimed at attracting investment from self-managed superannuation funds (SMSFs). HOSTPLUS chief executive David Elia said the infrastructure investment option ...

Aged care costs to rise as complexity increases

LAURA MILLAN  |  THURSDAY, 24 OCT 2013
The aged care reform due to start from July 1, 2014, is likely to increase the complexity of the sector's rules, which will raise the costs of aged care services and put further financial strain on families. Advisers will as a result need to take legislative ...

SIFMA talks up Wall Street cyber defences

ALEX DUNNIN  |  WEDNESDAY, 23 OCT 2013
The US Securities Industry and Financial Markets Association (SIFMA) has released its assessment report of their Wall Street cyber attack simulation and while it confirms their protocols performed adequately, it was the soft attack weapons that were ...

Market Wrap AM

AAP  |  MONDAY, 21 OCT 2013
The Australian market looks set to open higher following strong gains on Wall Street that took the S&P 500 to a new all-time high and gave the Nasdaq a 1.3 per cent gain. At 0805 AEDT on Monday, the December share price index futures contract was up ...

Grandfathering pushes self-licensing

LAURA MILLAN  |  THURSDAY, 17 OCT 2013
Uncertainty around the grandfathering provision of the Future of Financial Advice (FoFA) regulations has made a self-license more appealing for advisers looking to leave their dealer group. "Lots of licensees have restrictions in place that might not ...

Time to be fearful?

BENJAMIN ONG  |  WEDNESDAY, 16 OCT 2013
Shutdown: Day 15 and counting...2 days to go till the US debt hits the ceiling. So what else is new? True to form...and recent history, it looks like the political powers in Washington will again take it to the limit. US President Obama must be wishing ...