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Showing 3871 - 3880 of 6884 results for "Act2"

GFC drove advisers to managed accounts

ALEX BURKE  |  THURSDAY, 8 OCT 2015
The GFC was a defining chapter in the growth of managed accounts, according to panelists at the 2015 Financial Standard Best Practice Managed Accounts Forum. Speaking on a panel chaired by managedaccounts.com.au chief executive David Heather, Paradigm ...

ASIC hits advice firm with more licence conditions

ALEX BURKE  |  FRIDAY, 2 OCT 2015
ASIC has increased its surveillance activity on Total Financial Solutions Australia advisers, following compliance concerns. The surveillance commenced in October 2014 and focused on TFSA product advice, which ASIC identified as having a "one-size-fits-all ...

Elliott new CEO at ANZ

DARREN SNYDER  |  THURSDAY, 1 OCT 2015
ANZ will ring in the New Year with Shayne Elliott as its chief executive after the bank announced Mike Smith is stepping down in December. Elliott has been ANZ's chief financial officer for more than three years and is considered to be the right person ...

ASIC bans ex-Genesys adviser

ALEX BURKE  |  THURSDAY, 1 OCT 2015
ASIC has banned a former Genesys financial adviser. Lukas Zelka was an authorised representative of AMP-owned Genesys Wealth Advisers from 2009 to 2011; after working at Jigsaw Support services for a year, he moved to another AMP licensee, Charter Financial ...

New laws define inactive super members

DARREN SNYDER  |  WEDNESDAY, 30 SEP 2015
The federal government has released draft legislation aiming to reduce red tape for superannuation funds and individuals by streamlining lost and unclaimed super administrative arrangements. Under the new laws a super member will be considered inactive ...

S&P warns banks on cyber risk

ALEX BURKE  |  WEDNESDAY, 30 SEP 2015
Standard & Poor's has warned the global banking industry that it may soon factor cyber-security risk into its credit rating services. In a new report, the researcher and index provider highlighted the rising threat of cyber-attacks on banks, which it ...

Comparative advantage

BENJAMIN ONG  |  TUESDAY, 29 SEP 2015
Aren't you glad I didn't lift? This must be what's in Janet's head as she scours the global economic and financial market landscape and saw that it wasn't good. Yes folks, financial markets were doing backflips again overnight on concerns over dropping ...

CIO says low bond market rates to continue

DARREN SNYDER  |  MONDAY, 28 SEP 2015
Western Asset Management chief investment officer Ken Leech believes the bond market will have reasonably low rates for longer than market participants thought at the beginning of 2015. Leech said the normalising of interest rates by the US Federal ...

FEATURE: Inflation plus investing

LAURA MILLAN  |  FRIDAY, 25 SEP 2015
In a world where beating the benchmark is not enough, investors need to target returns above inflation. Laura Millan asks industry leaders how to succeed in the current economic environment. There was a time when investing was a matter of coming up ...

AMP China Fund changes "too weak": unit holders

LAURA MILLAN  |  FRIDAY, 25 SEP 2015
The largest independent unit holder of the China Growth Fund (AGF) has labeled AMP Capital's effort to reduce the discount "extremely disappointing and too weak." LIM Advisors is directly contacting other unit holders of the fund as it considers that ...