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Showing 3541 - 3550 of 4761 results for "July 2011"

FOFA: Government extends soft-dollar benefit ban to non-super risk insurance

ALISON BEVEGE  |  MONDAY, 29 AUG 2011
The Federal Government has extended its ban on soft-dollar benefits under the Future of Financial Advice draft legislation announced today. It will now include risk insurance outside of superannuation. The ban, scheduled to go live on July 1, 2012 ...

FOFA divides on commission

ELISE BURGESS  |  MONDAY, 29 AUG 2011
The Government's stance on the banning of commissions has proven to be a contentious issue, attracting quick responses from industry heavyweights after today's release of draft legislation of the Future of Financial Advice reforms. Despite hinting that ...

Media Super $30m alpha mandate

ELISE BURGESS  |  FRIDAY, 26 AUG 2011
Media Super has awarded Aurora Funds Limited a $30 million mandate as the super fund pursues a more suitable strategy for the modern, volatile market. The mandate was invested in the Aurora Fortitude Absolute Return Strategy, which Media Super selected ...

Market Wrap - Morning

AAP  |  THURSDAY, 25 AUG 2011
The Australian dollar was mostly flat after better than expected US data overnight and as speculation eased that the US central bank will launch a third round of economic stimulus. At 0700 (AEST) on Thursday, the Australian dollar was trading at 104.76 ...

Van Der Wielen heads to UK group Friends Life

ELISE BURGESS  |  MONDAY, 22 AUG 2011
Just 12 months and three weeks after taking the top job, John Van Der Wielen has resigned from ANZ Wealth as managing director to move to UK group, Friends Life. Friends Life brings together the UK operations of Friends Provident and the life assurance ...

Willing America into a dip

BENJAMIN ONG  |  MONDAY, 22 AUG 2011
Are we there yet? This question seems to be in everyone's mind at the moment. There here means an American recession and perhaps a European one. I must admit that despite checking up on the indicators that the US National Bureau of Economic Research ...

Super funds need modern platforms to disclose holdings

ALISON BEVEGE  |  FRIDAY, 19 AUG 2011
Superannuation funds worried about the cost of disclosing their portfolio holdings need to ditch their old legacy platforms, one of the world's biggest platform providers said yesterday. The Australian Securities and Investments Commission (ASIC) this ...

PIS names new CEO

ELISE BURGESS  |  FRIDAY, 19 AUG 2011
Peter Walther has landed the top job at Professional Investment Services, starting on Monday as chief executive officer of the independently-owned financial advice business, three weeks after founder, Robbie Bennetts, moved into a part-time role. Professional ...

Market Wrap- Morning

AAP  |  FRIDAY, 19 AUG 2011
A slew of bad news from Europe and poor economic data from the US prompted the Australian dollar to tank almost one US cent overnight. At 0700 AEST on Friday, the Australian dollar was trading at 103.89 US cents, down from 104.83 US cents on Thursday. ...

...AMP planner numbers on the increase

ELISE BURGESS  |  THURSDAY, 18 AUG 2011
Despite industry talk that advisers were deserting, AMP Financial Planning adviser numbers are stronger than ever, while the majority of AXA advisers have pledged commitment to the brand. The numbers, as part of the half yearly results announced this ...