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Showing 5251 - 5260 of 8592 results for "SIM"

Managed accounts take-up jump 63%: survey

STAFF WRITER  |  TUESDAY, 6 MAY 2014
Rainmaker's 2013 survey of adviser groups found that 26 adviser groups have reported being associated with a managed account, up 63% from the 16 who reported a similar association in 2008. While this may be considered a relatively small number, the ...

'Choice' dashboard, portfolio disclosure delayed to 2015

ALEX DUNNIN  |  TUESDAY, 6 MAY 2014
The government has announced that the start date for the product dashboard for 'choice' super funds and introduction of the portfolio holdings disclosure regime will be delayed 12 months to July 2015. Rollout of the MySuper product dashboard is unaffected ...

New entrants drive growth in global equities sector

STAFF WRITER  |  MONDAY, 5 MAY 2014
Over the past 12 months the global equities sector has seen the highest number of new entrants since before the onset of the global financial crisis, a report by investment research house Lonsec Research (Lonsec) has revealed. Lonsec's Global Equities ...

Industry asks for long-term, comprehensive approach to Age Pension

LAURA MILLAN  |  FRIDAY, 2 MAY 2014
The financial services industry has asked the government to take a long-term, comprehensive approach to any changes to the Age Pension and to the superannuation preservation age, following the release of the National Commission of Audit report. The ...

YBR adds 13 branches to its network

LAURA MILLAN  |  THURSDAY, 1 MAY 2014
Yellow Brick Road (YBR) has increased its distribution footprint to 197 branches across Australia, with 13 new additions in the first quarter of 2014. The group signed its first agreement in the Northern Territory and opened a retail branch in Melbourne ...

BetaShares passes $1bn milestone

MARK SMITH  |  THURSDAY, 1 MAY 2014
ETF provider BetaShares has surpassed $1 billion in funds under management (FUM), three and a half years after launching its first products in the Australian market. Reaching the milestone cements the firm as Australia's fourth largest ETF manager by ...

New fund to give retail investors access to volatility index

LAURA MILLAN  |  WEDNESDAY, 30 APR 2014
Grant Samuel Funds Management and Triple3 will launch the Triple3 Volatility Advantage Fund, which will give retail investors exposure to options on the VIX Index. The fund to launch next week and requires a minimum investment of $25,000. "We are hoping ...

Industry responds to super fees study

JAMES FERNYHOUGH  |  TUESDAY, 29 APR 2014
Superannuation industry bodies have responded to the Grattan Institute's report on super fees, arguing that fundamental change is not necessary. Tom Garcia, chief executive of the Australian Institute of Superannuation Trustees (AIST), said that the ...

Macquarie appoints Bell Direct as online broker

MARK SMITH  |  TUESDAY, 29 APR 2014
Bell Financial Group (BFG) has signed a deal with Macquarie to enable its online broking arm to provide services to the bank. BFG executive chairman Colin Bell said that the firm's online broking business, Bell Direct, had been chosen by the Macquarie ...

Australia signs FATCA agreement with US

MARK SMITH  |  TUESDAY, 29 APR 2014
The Australian government has signed an inter-governmental agreement with the United States to implement the US Foreign Account Tax Compliance Act (FATCA) in a bid to improve international tax compliance. The agreement, together with relevant enabling ...