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Showing 3421 - 3430 of 5260 results for "SCA"

ISA voices strong opposition to "radical" super reform

LAURA MILLAN  |  MONDAY, 27 JUL 2015
Industry Super Australia (ISA) has warned that the government's proposal to remove equal representation in super fund boards "is radical" and constitutes the most significant change to the system since its inception. "There is a real risk that importing ...

Independent dealers in M&A mode

ALEX BURKE  |  MONDAY, 27 JUL 2015
Recent high-profile mergers and acquisitions of aligned advisers by independent groups are a sign of a growing trend. In the past three months, former ANZ managing director of advice and distribution Paul Barrett's firm AZ Next Generation Advisory (AZ ...

Advisers to remain at centre of CBA: Narev

MARK SMITH  |  WEDNESDAY, 22 JUL 2015
Commonwealth Bank chief executive Ian Narev has insisted that despite the challenges the bank has faced in its financial advice business and in spite of widespread digitisation, face-to-face planners will remain at the heart of the company's business ...

Large institution acquires SMSF admin firm

LAURA MILLAN  |  FRIDAY, 17 JUL 2015
One of Australia's largest financial institutions has acquired a self-managed super fund (SMSF) administration business with over 1,000 funds under administration. AMP SMSF has bought Justsuper, which will continue to operate under its own brand name ...

BTIM share offer oversubscribed

ALEX BURKE  |  THURSDAY, 16 JUL 2015
Westpac Group announced the sale of 27 million BT Investment Management shares had been oversubscribed at $8.20 per share. This follows Westpac's announcement in June that it was selling part of its stake in BTIM; the offer opened on 22 June and closed ...

Fidante buys UK alternatives manager

LAURA MILLAN  |  WEDNESDAY, 15 JUL 2015
Challenger's boutique funds management arm, Fidante Partners, has acquired a European alternative investments manager based in London. The buyout of Dexion Capital Holdings adds to Fidante's other UK-based managers, which include global infrastructure ...

Lift-off on Carney's mind

BENJAMIN ONG  |  WEDNESDAY, 15 JUL 2015
It's now safe to go back in the waters... This, perhaps, was what's in Bank of England (BOE) governor Mark Carney mind when, a day after news of the Greek deal, he told the UK Treasury select committee that: "The point at which interest rates may begin ...

Strong passive flows force managers to lower fees

LAURA MILLAN  |  TUESDAY, 14 JUL 2015
Flows into passive strategies have forced active fund managers to lower their fees, global research by US-based management consultant Casey Quirk has found. Passive strategies accounted for 93% of total net new flows at registered products in the United ...

Adviser input key to super fund switch: report

LAURA MILLAN  |  THURSDAY, 9 JUL 2015
Financial planner input has become essential for a third of superannuation fund members who want to change funds, the latest Roy Morgan research revealed. The proportion of super fund members who seek advice from financial planners to switch their superannuation ...

AMP Capital to acquire Danish infra company

DARREN SNYDER  |  WEDNESDAY, 8 JUL 2015
AMP Capital and 3i Infrastructure are partnering to acquire Esvagt, a Danish company that provides emergency services to the offshore oil and gas industry. The joint venture will acquire 100% of Esvagt from conglomerate Maersk Group; AMP Capital will ...