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Showing 391 - 400 of 472 results for "Article 27"

Mandatory trustee pay disclosure draws debate

MICHELLE BALTAZAR  |  FRIDAY, 30 JUL 2010
Proposed trustee governance reforms will fix many of the regulatory gaps in the system, but Cooper Review panelist Sandy Grant questions adopting 'listed company' type governance measures, such as mandatory pay disclosure, just for the sake of having ...

Coalition details stance on commissions

MICHAEL HOBBS  |  THURSDAY, 29 JUL 2010
Luke Hartsuyker, shadow minister for financial services and superannuation, said the Coalition won't dictate how a financial planning client has to pay for advice but said it would not support all types of commission payments. "I believe that trailing ...

Seven US banks close in a week

RUTH LIEW  |  MONDAY, 26 JUL 2010
SouthwestUSA Bank in Las Vegas, Sterling Bank in Florida and Home Valley Bank in Oregon were among seven banks that were closed last week alone in the US - suggesting the troubles in the US banking system are far from over. According to the Federal ...

Advice goes direct to retail shopfronts

From super funds to banks and financial planning groups, the industry is divided between those that are pinning their future growth and consumer engagement strategy through walk-in financial advice shops and those that are sticking with a more traditional ...

Pause

BENJAMIN ONG  |  THURSDAY, 15 JUL 2010
h no! Wall Street has run out of puff. Wall Street ended flat overnight after seesawing for much of the trading day. In case you start getting an attack from the jitterbug once again, have no fear... nothing much has really changed. After six days of ...

Central plank of Cooper Review is MySuper

MICHELLE BALTAZAR  |  MONDAY, 5 JUL 2010
Following a year-long study on the efficiency of the superannuation system, the Cooper Review panel recommended the Government introduce a new default fund option for the masses to be called 'MySuper', a simple solution with dramatic consequences. The ...

ITM and Sequential partner for service

PRESS RELEASE  |  TUESDAY, 22 JUN 2010
Independent Transition Management (ITM) and Sequential Project Services have partnered to provide an enhanced service for wealth management firms looking to consolidate systems or products or outsource administration. ITM is a data specialist that assists ...

BDO Wealth Mgmt signs Instreet

MICHELLE BALTAZAR  |  THURSDAY, 27 MAY 2010
BDO Wealth Management (Vic) joins the throng of financial advisory firms taking more control over their product lineup, enlisting the help of boutique fund Instreet and consultancy firm Terboven in its structured product offering for clients. Under ...

Alliance Bernstein loses staff from Aus Equity Growth and Ind'l funds

MICHAEL HOBBS  |  MONDAY, 10 MAY 2010
Johan Carlberg, portfolio manager of AXA Australia's wholesale Australian Equity Growth and Industrials funds, and three analysts, have left the firm, prompting a 'sell' rating from S&P on both products. Standard & Poor's said the loss of Carlberg and ...

Macq wealth mgmt post strong returns

RUTH LIEW  |  FRIDAY, 30 APR 2010
Macquarie's funds management, banking and financial services arms reported strong numbers for 2009, powered by overseas acquisitions, higher revenues and a strong cash management business. Assets under management (AUM) for Macquarie Group at 31 March ...