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Showing 3071 - 3080 of 4776 results for "July 8"

FSC appoints new chairman

LAURA MILLAN  |  TUESDAY, 30 JUL 2013
The Financial Services Council (FSC) board has elected a new chairman who will take over the role on August 1. Schroders Australia chief executive Greg Cooper will replace Peter Maher, who is expected to retire as chairman of the FSC on July 31. "I ...

Govt to index military age pensions

STAFF WRITER  |  TUESDAY, 30 JUL 2013
The government has announced it will 'triple index' age pensions for retired non-veteran military personnel. The reform follows several Senate inquiries and already implemented reforms to retirement benefits for combat and disabled veterans. The Minister ...

First submissions to ASIC inquiry made public

LAURA MILLAN  |  FRIDAY, 26 JUL 2013
The first submissions to the Senate Economics Committee's inquiry into the Australian Securities and Investments Commissions (ASIC) performance have been made public. The Senate Committee has received at least four submissions and has made two of them ...

Goldman Sachs AM builds up third party distribution team

JAMES FERNYHOUGH  |  FRIDAY, 26 JUL 2013
Goldman Sachs Asset Manager (GSAM) has appointed Sam Besley as key account manager of its third party distribution business. Besley will be based in Melbourne and will manage adviser relationships within Victoria and Tasmania. He will report to GSAM ...

FoFA could lock advisers into licensees for life

LAURA MILLAN  |  FRIDAY, 26 JUL 2013
The additional Future of Financial Advice (FoFA) regulations concerning the grandfathering provision could lock advisers into their licensee's dealership for life, consultancy firm Radar Results said. Industry bodies are already lobbying for changes ...

Post-Bernanke uncertainty

BENJAMIN ONG  |  FRIDAY, 26 JUL 2013
"Facebook and BenO are now friends." This is what my 'friends' and 'friends of friends' would see on my Facebook status from this day onwards. For how could you not 'like' something that increases your wealth by as much as 31.6% in one single day? Facebook ...

BNP Paribas launches Strong Super reporting solution

JAMES FERNYHOUGH  |  WEDNESDAY, 24 JUL 2013
Global custodian BNP Paribas Securities Services has launched a solution to the reporting standards and portfolio holdings look-through requirements associated with the Stronger Super reforms. The solution will be provided by leveraging BNP Paribas' ...

AFA to release code of conduct this year

LAURA MILLAN  |  WEDNESDAY, 24 JUL 2013
The Association of Financial Advisers (AFA) will release a finalised code of conduct by the end of this year, the organisation revealed today. The AFA already released a draft code of conduct in July 2012 and has been waiting for the Australian Securities ...

The good, the good and the dollar-A

BENJAMIN ONG  |  TUESDAY, 23 JUL 2013
It's another trading day for the record books on Wall Street. And this despite last night's weak reports - existing home sales fell by 1.2% to a less than expected 5.1 million annualised rate in June and the Chicago Fed National Activity Index remained ...

Grandfathering uncertainty already affecting businesses

LAURA MILLAN  |  MONDAY, 22 JUL 2013
Dealer groups are already feeling the consequences of the uncertainty around the grandfathering provisions within the new Future of Financial Advice (FoFA) regulations with planners hesitant to change licensees until the legislation is clearer. Synchron ...