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Showing 3901 - 3910 of 6264 results for "DET"

Super squabble beyond the joke: Taxpayers Australia

MARK SMITH  |  FRIDAY, 17 OCT 2014
The infighting between bodies representing the retail and industry sides of superannuation is detrimental to members' interests, according to Taxpayers Australia. The not-for-profit advocacy group said the battle "would be amusing if the consequences ...

ISA proposes new restrictions on retail super

JAMES FERNYHOUGH  |  THURSDAY, 16 OCT 2014
Retail funds should be banned from providing default super to employers who bank with them, according to Industry Super Australia (ISA) chief executive David Whiteley. He also argued they should also be banned from paying shareholder dividends until ...

NAB confirms final pricing for Great Western IPO

MARK SMITH  |  THURSDAY, 16 OCT 2014
National Australia Bank (NAB) has announced the final pricing of the initial public offering (IPO) of its US-based subsidiary Great Western Bank (GWB). The offer comprises 16 million shares or 27.6% of GWB's outstanding common stock at a price of US$18 ...

AFA questions ASIC life report

LAURA MILLAN  |  TUESDAY, 14 OCT 2014
AFA chief executive Brad Fox raised concerns over the methodology of Australian Securities and Investments Commission's (ASIC) report on life insurance advice that was released last week. He told the media that there were questions over the methology ...

Real return funds growing in stature

MARK SMITH  |  TUESDAY, 14 OCT 2014
Real return strategies which aim to produce above-inflation performance irrespective of market conditions are becoming a big hit with investors, according to research and ratings house Zenith. The company has given 11 funds a rating, including six new ...

BT launches 'ground-breaking' advice register

JAMES FERNYHOUGH  |  TUESDAY, 14 OCT 2014
BT Financial Group has launched an online advice register listing every adviser on its network, and providing details of their qualifications, customer ratings and feedback. Dubbed 'Adviser View' and described by BT's general manager of advice Mark ...

Tax cap reform bill released

ALEX DUNNIN  |  TUESDAY, 14 OCT 2014
The government has released for public comment its draft legislation regarding its budget measure to address what it says are inadvertent breaches of the contribution caps. In a statement accompanying release of the bills and explanatory memorandum ...

CBA receives 4200 requests for advice review

JAMES FERNYHOUGH  |  MONDAY, 13 OCT 2014
Approximately 4,200 customers of Commonwealth Financial Planning (CFP) and Financial Wisdom have applied to have advice they received reviewed by the Commonwealth Bank's (CBA's) Open Advice Review program. This figure represents around 1% of customers ...

Matrix shareholders approve ClearView acquisition

MARK SMITH  |  MONDAY, 13 OCT 2014
ClearView Wealth has received 100% approval from Matrix shareholders for its acquisition of the planning group. All conditions of the offer had been met or waived and the offer closes successfully today. ClearView managing director Simon Swanson said ...

Upfront commissions linked to bad advice

JAMES FERNYHOUGH  |  FRIDAY, 10 OCT 2014
Advisers remunerated solely through upfront commissions appear to be statistically more likely to provide non-compliant advice, according to the Australian Securities and Investments Commission (ASIC). While 80% of the risk advice examined in the study ...