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Showing 4211 - 4220 of 5260 results for "SCA"

Ripoll defends FOFA integrity

ELISE BURGESS  |  MONDAY, 21 NOV 2011
A heated panel session between government and industry heavyweights about the FOFA reforms led to calls for a realistic debate and new government promises, with opt-in dominating the discussion. In a session at the Financial Planning Association's annual ...

AllianceBernstein awards State Street $300bn global mandate

ELISE BURGESS  |  WEDNESDAY, 16 NOV 2011
AllianceBernstein has appointed its investment operations outsourcing services, valued at over $300 billion in client assets, to State Street Corporation which will include servicing the Australian and Asian operations of AllianceBernstein. Building ...

Mid-sized licensees to disappear: CoreData

ELISE BURGESS  |  TUESDAY, 15 NOV 2011
Mid-sized financial planning firms will be "swallowed up" by opportunistic licensees as the rate of acquisition will rise while new forms of advice will reign, according to a research paper from CoreData. In its "Licensee of the Future" white paper ...

Perspective not perplexing

BENJAMIN ONG  |  TUESDAY, 15 NOV 2011
No, no, no not again! Why can't stock markets move only in the up direction? You guessed it, 'twas another down day on Wall Street and in Europe. And yes, you're right it's because of European jitters because Italy's cost of funding remains on the up ...

Market Wrap - Morning

AAP  |  TUESDAY, 15 NOV 2011
SYDNEY - The Australian market looks set to open lower, following the overnight lead of Wall Street and the European markets. Investors appear cautious, tracking Italian and Greek political developments as the eurozone debt crisis rumbles into Spain ...

Autumn Angst

BENJAMIN ONG  |  THURSDAY, 10 NOV 2011
OMG! We're really in trouble now, Italian-sized big trouble. Italy - the economy that's considered too big to bail - looks like it's gonna need one as the yield on its 10-year government bonds surged past the 7% bailout mark. Italian 10-year bonds rose ...

Arrivederci Berlusconi Ciao

BENJAMIN ONG  |  WEDNESDAY, 9 NOV 2011
Silvio Berlusconi, Italy's longest-serving post prime minister has bitten the dust. Prime Minister Silvio Berlusconi announced his resignation a day after posting on Facebook that, "Reports of my resignation are completely unfounded and I don't know ...

Paragem sells dealer services to netwealth

CLAIRE MCGREAL  |  MONDAY, 7 NOV 2011
Independent service provider Paragem has sold its dealer services arm to privately owned platform provider netwealth. The company said the sale would allow it to focus on growing Paragem Wholesale AFSL (PWA), "at a time when regulatory change is driving ...

DKN and Lonsdale heads leave and form BT advice unit

ELISE BURGESS  |  MONDAY, 7 NOV 2011
Just three weeks after leaving DKN, former chief executive Phil Butterworth, will head up a new BT advice unit along with three executives from the newly-acquired firm, including Butterworth's replacement, Mario Modica. In an email to fund managers ...

ANZ profit climbs 19% to $5.36 billion

ELISE BURGESS  |  THURSDAY, 3 NOV 2011
ANZ has recorded positive growth of 19% putting its full year statutory profit at $5.36 billion, with the bank's strategic focus on its Asian and institutional divisions. ANZ's underlying profit was up 12% to $5.65 billion for the financial year ending ...