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Showing 5331 - 5340 of 6605 results for "Future2"

Dealer groups miss commissions

ALISON BEVEGE  |  THURSDAY, 28 APR 2011
Dealer groups today welcomed the future of financial advice reforms - but unanimously disapproved of the banning of life insurance commissions within superannuation funds. MLC & NAB Wealth, AMP and AXA, and BT Financial Group said they were happy the ...

Opposition attacks opt-in concession

ALISON BEVEGE  |  THURSDAY, 28 APR 2011
Minister for Financial Services Bill Shorten has eased reforms on financial planners by extending the opt-in period but the Opposition has attacked, saying it would still cost an average firm $50,000. Adviser groups have lobbied hard against the opt-in ...

New super products and mergers may result - insurers

ELISE BURGESS  |  THURSDAY, 28 APR 2011
Life insurers predict dealer groups will create their own super products or be taken over by wealth managers while direct insurance will get a boost from new FOFA reforms. Life insurers and financial planners alike have responded with mixed reactions ...

Certitude eyes liquidity boost

MATT WOODINGTON  |  WEDNESDAY, 27 APR 2011
Increased investment in managed accounts has enabled fund manager Certitude Global Investments to lift liquidity restrictions on its HFA Diversified Investments Fund (DIF) as of June 30 2011. Certitude will remove all remaining restrictions on the $350 ...

Market Wrap - Midday

AAP  |  WEDNESDAY, 27 APR 2011
The Australian share market was lower at noon on Wednesday as concerns over weaker metals prices and caution ahead of a key press conference by the United States' central banker outweighed a positive lead from offshore. At 1200 AEST, the benchmark S&P/ASX200 ...

Super funds turn to dark pools

ALISON BEVEGE  |  WEDNESDAY, 20 APR 2011
Large superannuation funds are talking to bulk share-trading venue provider Liquidnet Australia to quietly deal in large blocks of equities, the broker said yesterday. At a press luncheon at Sydney's upmarket Rockpool restaurant, Liquidnet Australia ...

Market Wrap - Midday

AAP  |  TUESDAY, 19 APR 2011
The Australian dollar was almost a US cent lower at noon, after minutes from the central bank's April board meeting confirmed that it was in no hurry to raise rates. At 1200 (AEST) on Tuesday, the local unit was trading at 104.63 US cents, down from ...

Advisers fear super fund competition

ALISON BEVEGE  |  TUESDAY, 19 APR 2011
Financial planners are worried that low-cost advice from superannuation funds will hurt their businesses in the future and say it is unfair competition as the fees are hidden. At a recent Financial Planners Association luncheon in Sydney, advisers made ...

Perpetual to debut global resources

MICHELLE BALTAZAR  |  FRIDAY, 15 APR 2011
Fund manager Perpetual is going to the market this year with a new global resources fund, which has beaten its benchmark by a mile since its incubation four-and-a-half years ago. The new fund, Perpetual Global Resources, is managed by James Bruce, who ...

Planners needle minister over FOFA

ALISON BEVEGE  |  THURSDAY, 14 APR 2011
Financial Services Minister Bill Shorten fielded prickly questions from financial planners after giving a speech on the Future of Financial Advice reforms at a luncheon gathering yesterday. Minister Shorten told the Financial Planning Association (FPA) ...