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| | | QIC, Australia's third largest institutional fund manager with over $58 billion in funds under management, has appointed David Usasz and Grant Murdoch to its board. QIC's Chairman, Peter Young AM, said the new directors had been carefully selected to ... |
| | | | Independent financial planning group, Premium Wealth Management, has said that while it is confident about the future of independent financial advice, it fears consolidation in anticipation of the FOFA reforms is creating a conflict of interest between ... |
| | | | Count Financial shareholders have overwhelmingly embraced the takeover offer from CBA, the vote passing with almost 100% support on November 25 said chief executive Barry Lambert. Announced in Count Financial's Annual General Meeting this morning, Lambert ... |
| | | | The FOFA Tranche 2 reforms were tabled in parliament this morning, gaining industry support and reinforcing the Government's speed to move these reforms through both houses. Included in the Tranche 2 Future of Financial Advice (FOFA) reforms are the ... |
| | | | rmg financial services has completed its third acquisition this year after joining with fellow Perth-based practice, Piersbridge Consultants, taking its adviser numbers to 15. rmg, which now has around $660 million in funds under advice, said the acquisition ... |
| | | | Leading superannuation bodies have welcomed the passage of the mining tax package through the lower House, which paves the way for the Superannuation Guarantee hike from 9 to 12 %. The 30 % tax on coal and iron ore profits, which successfully made it ... |
| | | | The Volcker rule intended to be help protect banks from future failure is being torn between critics who think it will gut the US corporate bond market and Congressmen who think it still contains too many loopholes. Meanwhile, former US Treasury Secretary ... |
| | | | AustralianSuper has awarded a $440 million mandate to Australian equity manager, Alleron Investment Management. Established in 2004, Alleron is a Sydney-based boutique investment firm, with around $2 billion in funds under management, and uses a long ... |
| | | | 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 ... |
| | | | The FPA Best Practice award winners are also those leading way in FOFA-compliant practices, with the association awarding those at the forefront of their industry. Speaking with Financial Standard after their win, Pippa Elliot, CFP, of WA planning firm ... |
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