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Showing 451 - 460 of 670 results for Hamish Madden

MTAA speeds past $4bn

HAMISH MADDEN  |  FRIDAY, 1 SEP 2006
The Motor Trades Association of Australia Superannuation Fund (MTAA Super) has just broken through the $4 billion mark in funds under management, with $1 billion tumbling into the coffers in just the last year. The steep ramp up in funds under management ...

Industry funds warn on master trust switching

HAMISH MADDEN  |  THURSDAY, 31 AUG 2006
Industry Funds Services (IFS) has warned Australians to carefully check their super fees after changing jobs and to be on the lookout in case their new employer signs them on to a higher fee master trust. IFS highlighted the trend where some employees ...

UniSuper revises major mandates

HAMISH MADDEN  |  THURSDAY, 31 AUG 2006
UniSuper has announced sweeping changes to its public markets portfolio on the back of a detailed review of major asset classes. Head of public markets, Paul Laband, headed a specialist team responsible for reviewing the key listed asset classes of ...

Financial mentor to be wound up

HAMISH MADDEN  |  THURSDAY, 31 AUG 2006
A Brisbane financial mentoring operation will be wound up after The Australian Securities and Investments Commission (ASIC) obtained court orders to proceed with liquidation. The Supreme Court of Queensland also ruled that director Andrew Carr had carried ...

AXA makes billing easier for advisers

HAMISH MADDEN  |  THURSDAY, 31 AUG 2006
AXA's Fee4Advice electronic billing service has been branded a success by the organisation after a survey of advisers revealed widespread satisfaction with the improved tools. Launched in May in partnership with listed e-commerce provider CommSecure ...

AMP FP patches up the cracks

HAMISH MADDEN  |  WEDNESDAY, 30 AUG 2006
AMP Financial Planning (AMP FP) has been in the headlines for all the wrong reasons of late, but behind the hype they have been toiling in earnest to make their business regulator-safe while remaining adamant that the quality of AMP planner advice is ...

Jailed super fraudsters forfeit nearly $6m

HAMISH MADDEN  |  WEDNESDAY, 30 AUG 2006
A father and son, currently serving 18 months in jail for promising clients a 'superannuation cashback' arrangement as part of an illegal scheme, have been ordered to forfeit millions of dollars in holdings and assets. Following an Australian Securities ...

Macq Wrap clocks up $20bn

HAMISH MADDEN  |  WEDNESDAY, 30 AUG 2006
Macquarie has announced that its Macquarie Wrap has swollen to $20 billion in funds under administration on the back of $2 billion in growth over the past six months. Director of Macquarie Adviser Services, Giulio Russo, was pleased with the recent ...

AXA hits $10bn on platform but continues to build

HAMISH MADDEN  |  TUESDAY, 29 AUG 2006
AXA's Summit platform has ridden a tide of strong sales and continued support from advisers past its milestone of $10 billion in funds under administration (FUA). June and July saw AXA record all time record sales, taking FUA past the $10 billion mark ...

Perpetual chief signs on to bigger pay deal

HAMISH MADDEN  |  TUESDAY, 29 AUG 2006
Perpetual chief executive officer and managing director, David Deverall, has renewed his contract, securing significant increases to remuneration and bonus structures. Changes to Deverall's previous employment contract include an increase in the notice ...