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Showing 4591 - 4600 of 6605 results for "Future2"

John Hewson calls for overhaul of superannuation system

MARK SMITH  |  TUESDAY, 17 SEP 2013
Former Liberal Party leader and chairman of Shartru Wealth Management John Hewson wants the new government to conduct an overhaul of the superannuation system to loosen the Labor Party's grip on the sector. The former politician and economist told Financial ...

AXA fined for poor advice in the UK

LAURA MILLAN  |  MONDAY, 16 SEP 2013
The UK Financial Conduct Authority (FCA) has imposed AXA a financial penalty for giving poor investment advice to NAB-owned banks in the UK. AXA will have to pay a fine of more than A$3 million to customers of NAB-owned Clydesdale Bank and Yorkshire ...

Hedge fund maestro Hintze voices concern over regulation

MARK SMITH  |  THURSDAY, 12 SEP 2013
Tighter regulation poses the greatest challenge to the hedge fund industry, according to Australian industry legend Sir Michael Hintze. Speaking at the Alternative Investment Management Association's Hedge Fund Forum in Sydney this week, Hintze said ...

Accounting and advice practices likely to increase mergers

LAURA MILLAN  |  WEDNESDAY, 11 SEP 2013
Recent regulatory changes that allow accountants to provide financial advice under a limited licence are likely to increase the appetite for mergers and acquisitions between accounting and advice practices. "The accounting industry's foray into the ...

FSC anticipates different role for Senator Cormann

MARK SMITH  |  WEDNESDAY, 11 SEP 2013
The Financial Services Council (FSC) believes Senator Mathias Cormann is unlikely to maintain the same portfolio combination he has held in opposition when Prime Minister elect Tony Abbot announces his government. Speaking at the Alternative Investment ...

Industry backs Cormann as Superannuation Minister

LAURA MILLAN  |  MONDAY, 9 SEP 2013
Major financial services bodies are throwing their support behind Mathias Cormann, asking for him to be appointed Minister of Superannuation and Financial Services in the new Government. "I've only ever asked one thing of Tony Abbott and Joe Hockey ...

Australian pension fund growth outstrips global average

MARK SMITH  |  MONDAY, 9 SEP 2013
Australian pension fund growth was twice the global average in 2012, according to a global survey of the world's 300 largest funds conducted by US newspaper Pensions & Investments and Towers Watson. While total assets of the world's largest 300 pension ...

Advisers to justify platform choice under best interest

LAURA MILLAN  |  FRIDAY, 6 SEP 2013
Financial planners will have to justify platform choice under the best interest duty provision within the Future of Financial Advice (FoFA) regulation. The Australian Securities and Investments Commission (ASIC) has raised the issue that platform operators ...

AVCAL chief executive resigns

JAMES FERNYHOUGH  |  FRIDAY, 6 SEP 2013
Katherine Woodthorpe has announced she will step down as chief executive of the Australian Private Equity and Venture Capital Association (AVCAL) after seven years in the role. Woodthorpe made the announcement last night, and her resignation will be ...

ETF market closes in on $9 billion milestone

MARK SMITH  |  FRIDAY, 6 SEP 2013
Australia's exchange traded product (ETP) market has expanded rapidly in 2013, reaching a record $8.8 billion in assets according to the latest ASX Funds Monthly Update. The report shows Australia's ETP industry, has grown by 61% in the 12 months to ...