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Showing 3141 - 3150 of 4839 results for "EAC"

Auscoal, AMIST and CGS get MySuper authorisations

ALEX DUNNIN  |  THURSDAY, 6 JUN 2013
Three more MySuper product authorisations have been announced this week by the Australian Prudential Regulation Authority (APRA) taking the total number to 38, but it's still way down on expectations. The new authorisations are AUSCOAL, Australian Meat ...

Legg Mason $100m mandates add to IOOF value approach

MARK SMITH  |  WEDNESDAY, 5 JUN 2013
IOOF's decision to award Legg Mason $100 million across two mandates was based on a desire to differentiate its offering from other manager and supplement existing out-of-favour value strategies, said IOOF chief investment officer Steve Merlicek. IOOF ...

Planning firms mispriced on knowledge blacks spots

MARK SMITH  |  MONDAY, 3 JUN 2013
A lack of knowledge among vendors is leading to disparities in the prices being paid for planning practices and client books, according to Chris Wrightson, director of specialist business adviser and broking firm Centurian Market Makers. According to ...

CAMAC recommends charitable trust audits

LAURA MILLAN  |  FRIDAY, 31 MAY 2013
The Corporations and Markets Advisory Committee (CAMAC) has recommended that charitable trusts managed by licensed trustee companies (LTC) be audited in a new report. CAMAC's 'Administration of charitable trusts' report said that there is a deficit ...

Wellington Capital to take PIF case to High Court

LAURA MILLAN  |  FRIDAY, 31 MAY 2013
Wellington Capital has said it will take the Premium Income Fund (PIF) case to the High Court after the Federal Court ruled that distribution of PIF shares to Asset Resolution Limited (ARL) was invalid. The rule overturns an early decision of the same ...

Adviser "enshrinement" bill passes through lower house

ALICE URIBE  |  WEDNESDAY, 29 MAY 2013
The House of Representatives has passed the Corporations Amendment (Simple Corporate Bonds and Other Measures) Bill 2013 with amendments to enshrine the terms 'financial adviser' and 'financial planner' in law. Currently under the C orporations Act ...

Planners must advise people, not portfolios

LAURA MILLAN  |  TUESDAY, 28 MAY 2013
Financial planners need to focus on their soft skills to address clients' problems, as they keep in mind that they servicing not just portfolios, but people, trusted advisers say in new research. The research by the Association of Financial Advisers ...

Direct insurance not a competitor of retail: Zurich

LAURA MILLAN  |  TUESDAY, 28 MAY 2013
Direct insurance is offering a different product than advised insurance and is not competing directly for its market share, according to Zurich Life head of Marketing Richard Dunkerley. "The statement that direct insurance is cheaper than retail insurance ...

MFAA offers new SMSF training programs

JAMES FERNYHOUGH  |  MONDAY, 27 MAY 2013
The Mortgage & Finance Association of Australia (MFAA) will launch three new self-managed superannuation fund (SMSF) training programs for credit advisers. The programs aim to improve participants' understanding of their role in setting up Limited Recourse ...

EQT gives more time to The Trust Company

LAURA MILLAN  |  MONDAY, 27 MAY 2013
Equity Trustees (EQT) is giving The Trust Company shareholders more time to consider its offer, which will now close on July 31, 2013. In a letter to The Trust Company shareholders, EQT asked them to ignore the Perpetual offer to buy 100% of the shares. ...