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Showing 3491 - 3500 of 6251 results for "December 29"

IFM reveals start date for fee reduction

ALICE URIBE  |  MONDAY, 22 JUL 2013
Industry Funds Management (IFM) has set January 2014 as the start date for its expected, wide-ranging fee reduction. The fund manager which oversees $44 billion in assets first announced the Global Pricing Review in November 2011 and had planned to ...

UBS fined $30,000 for decimal point mistake

MARK SMITH  |  FRIDAY, 19 JUL 2013
UBS Securities Australia has paid a fine of $30,000 after a misplaced decimal point caused the price of a BetaShares ETF to fall by 99%. Markets Disciplinary Panel (MDP) issued an infringement notice for the breach of market integrity rules. On 16 December  ...

PIS appoints PwC as independent expert

LAURA MILLAN  |  THURSDAY, 18 JUL 2013
PriceWaterhouseCoopers (PwC) will monitor independent dealer group Professional Investment Services (PIS) for the next nine months after an order was issued yesterday by the Australian Securities and Investments Commission (ASIC). PwC will report back ...

ASIC orders further PIS scrutiny over compliance concerns

LAURA MILLAN  |  WEDNESDAY, 17 JUL 2013
Professional Investment Services (PIS) will be subject to a monitoring program by an independent expert to ensure that its advice processes meet the standards set out in a major enforceable undertaking (EU). The EU came to an end on March 2012 and PIS ...

BNP Paribas MD departs, successor announced

JAMES FERNYHOUGH  |  WEDNESDAY, 10 JUL 2013
BNP Paribas Securities Services managing director, Australia and New Zealand, Pierre Jond will return to Paris at the end of 2013. He will be succeeded by Peter Baker, currently head of client strategy and communication at BNP Paribas. BNP Paribas has ...

ASIC bans Gateway Financial adviser permanently

LAURA MILLAN  |  MONDAY, 8 JUL 2013
The Australian Securities and Investments Commission (ASIC) has permanently banned a former Gateway Financial adviser, which is an authorised representative of Titanium Planners. Joshua John Doyle from Bradbury, New South Wales, has been permanently ...

APRA accepts enforceable undertakings from five former Trio directors

ALICE URIBE  |  THURSDAY, 4 JUL 2013
The Australian Prudential Regulation Authority (APRA) has accepted enforceable undertakings from former Trio Capital Limited (Trio) directors Cameron Anderson, Michael Anderson, Terrence Hallinan, Lorenzo Macolino and John Harte. Trio was formerly the ...

Last-minute Stronger Super reprieve averts "ludicrous situation"

JAMES FERNYHOUGH  |  THURSDAY, 4 JUL 2013
While the majority of the Stronger Super reforms now apply, the government has deferred two of its last-minute measures, after many in the industry said it was impossible to comply. The first measure to be deferred is the product dashboard for MySuper ...

Allianz appoints COO

LAURA MILLAN  |  MONDAY, 1 JUL 2013
Allianz Australia has appointed a new chief operating officer and a new chief general manager of Workers Compensation, both effective in September. Current Allianz chief general manager of Workers Compensation David Krawitz will take over the role of ...

Mirvac sells 50% stake in Sydney CBD office to AMP

LAURA MILLAN  |  MONDAY, 1 JUL 2013
AMP Capital Wholesale Office Fund (AWOF) has bought a 50% stake in the land and development of 200 George Street, in Sydney CBD from Mirvac Group (Mirvac). The AMP Capital fund has paid Mirvac $317 million for the 50% interest in the Sydney city centre ...