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Showing 4161 - 4170 of 6884 results for "Act2"

MDAs allow small players to act as large instos

LAURA MILLAN  |  WEDNESDAY, 27 AUG 2014
The technology behind managed discretionary accounts (MDA) allows small investment players to act as if they had the scale of the industry's large institutions, SS&C Technologies head of Australia and New Zealand Nadine Moore said. Speaking at the inaugural ...

CBA looks for plaintiffs to assist in remediation process

LAURA MILLAN  |  MONDAY, 25 AUG 2014
Commonwealth Bank (CBA) is in advanced discussions with a number of plaintiff law firms that will act as independent consumer advocates in the Open Advice Review program to compensate victims of poor financial advice. CBA is expecting to announce the ...

Market Wrap AM

AAP  |  FRIDAY, 22 AUG 2014
The Australian market looks set to open higher, following solid gains on Wall Street overnight. At 0658 AEST on Friday, the September share price index futures contract was up 10 points at 5,615. In Australia, company earnings season continues with ...

AMP half year profit falls 3%

LAURA MILLAN  |  THURSDAY, 21 AUG 2014
AMP has reported a net profit of $382 million for the half year to June 30, 2014, down 3% from the same period last year. Underlying profit was $510 million, compared with A$440 million for 1H 13, up 16% half on half. AMP wealth management net cash ...

Adviser jailed for blowing client funds on fast cars

MARK SMITH  |  THURSDAY, 21 AUG 2014
An adviser who defrauded investors out of $1 million to rent sports cars and buy a house has been jailed for more than five years following an investigation by the Australian Securities and Investments Commission (ASIC). Carlo Cini, a former director ...

Macquarie terminates four suspended van Eyk funds

MARK SMITH  |  WEDNESDAY, 20 AUG 2014
Macquarie has shut down four funds in the van Eyk Blueprint series following the recent suspension of applications and redemptions. "Macquarie Investment Management Limited (Macquarie), as responsible entity for the van Eyk Blueprint Series, has determined ...

Advisers to study for 200 hours under TASA

LAURA MILLAN  |  WEDNESDAY, 20 AUG 2014
... education requirements under TASA, the TPB proposed in two exposure drafts on education requirements under the Tax Agent Services Act (TASA) 2009. The TPB considered the minimum education standards for financial advisers to be insufficient and noted ...

Maurice Blackburn mulls class action against Macquarie

LAURA MILLAN  |  MONDAY, 18 AUG 2014
Maurice Blackburn is considering starting a class action against Macquarie in light of the growing number of disgruntled Macquarie Private Wealth customers approaching the litigator. Maurice Blackburn head of the financial disputes department John Berrill ...

FEATURE: Have we reached the tipping point for managed accounts?

MARK SMITH  |  FRIDAY, 15 AUG 2014
In the first of a two-part special report on the sector, Mark Smith explores why after a series of false starts, industry experts are saying now is the time for managed accounts to live up to their billing as the next big thing in client portfolio management. ...

Allan Gray funds to access mFund through OneVue

STAFF WRITER  |  FRIDAY, 15 AUG 2014
Two Allan Gray funds will be the first OneVue clients to list on the recently-launched Australian Securities Exchange (ASX) mFund. Investors will be able to access the Allan Gray Australia Equity Fund and the Allan Gray Australia Opportunity Fund. The ...