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Showing 3401 - 3410 of 6264 results for "DET"

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 26 AUG 2016
Australia managed funds The Australian Bureau of Statistics (ABS) released data showing that funds under management in the managed fund industry rose by 3.0% to A$2,721.6 billion in the June quarter from A$2,646.7 billion in the previous three-month ...

ASIC bans former Macquarie advisers

JAMIE WILLIAMSON  |  THURSDAY, 25 AUG 2016
ASIC has banned two former Macquarie advisers from providing financial services. Anthony Jason Sourris and Sarah Kate Gardner have been banned for two and a half years and one year respectively after ASIC found they were both involved in, and lied to ...

Investors Mutual readying income focused LIC

MARK SMITH  |  THURSDAY, 25 AUG 2016
Investors Mutual (IML), the boutique Australian equity fund manager founded by Anton Tagliaferro, has flagged its intention to launch a new income focused listed investment company (LIC). The investment strategy of the new vehicle will replicate the ...

LICG will fight on after failing to trigger AFA constitution talks

JAMIE WILLIAMSON  |  THURSDAY, 25 AUG 2016
The Life Insurance Customer Group (LICG) has failed to trigger an extraordinary general meeting of the Association of Financial Advisers (AFA) to explore a change to the body's constitution after nearly half of the submissions it sent requesting one ...

MLC extends Rio Tinto insurance partnership

DARREN SNYDER  |  WEDNESDAY, 24 AUG 2016
Members in the accumulation division of the Rio Tinto Staff Superannuation Fund (RTSSF) were recently moved to new insurance arrangements following MLC winning a market tender. The accumulation division was previously under self-insurance arrangements ...

Sentry Group slams LICG's "opportunistic attack"

ALEX BURKE  |  WEDNESDAY, 24 AUG 2016
Sentry Group chief executive and chair Murray Hills has criticised the Life Insurance Consumer Group's "attack" on the Association of Financial Advisers in an open letter. Directed to the financial services industry, the letter admitted that Sentry ...

ASIC cancels 133 SMSF auditor registrations

KERRIE SYDEE  |  TUESDAY, 23 AUG 2016
ASIC has cancelled the registration of 133 approved self-managed superannuation fund auditors who failed to lodge their annual statements. The cancellation follows a final warning issued on 28 July to 185 approved SMSF auditors which had outstanding ...

Northern Trust wins two NZ Super mandates

MARK SMITH  |  MONDAY, 22 AUG 2016
Northern Trusts Asset Management has been handed two new factor investing mandates by The Guardians of New Zealand Superannuation. The mandates - each for NZ$300 million ($286 million) - will distribute funds Northern Trust already invests passively ...

Read the data not the Fed's lips

BENJAMIN ONG  |  MONDAY, 22 AUG 2016
Yes, no, maybe, I don't know. Sit down, buckle up and hang on Virginia for we're heading into the 'Hole' - Jackson Hole, that is. There'll be to-ing and fro-ing aplenty leading up to Janet's homily at 'The Hole' this coming Thursday and Friday and perhaps ...

Treasurer flags super cap exemptions

DARREN SNYDER  |  FRIDAY, 19 AUG 2016
Treasurer Scott Morrison has flagged that lottery wins and inheritances are unlikely to be included as exemptions around the $500,000 cap on post-tax superannuation contributions. Speaking with Sky News yesterday, Morrison said although inheritances ...