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Showing 521 - 530 of 621 results for "MEC"

Commissions by another name

ALEX DUNNIN  |  WEDNESDAY, 28 APR 2010
Luke Hartsuyker, opposition spokesperson for superannuation and corporate law, has labelled fee-for-service advice fees no better than commissions and said they wouldn't fix conflicts of interest. Hartsuyker made the statements while attempting to attack ...

Rules, rules, rules

BENJAMIN ONG  |  THURSDAY, 22 APR 2010
Do you know what Moses did when God handed him the Ten Commandments? He squatted beside the burning bush, placed both hands on his face and cried, "Rules, rules, rules... too many rules!" But unlike Moses, America's biggest banks are not squatting and ...

Planner fees for super advice cost $1.3bn

ISN PRESS RELEASE  |  MONDAY, 19 APR 2010
Rainmaker Research has found that $1.3 billion of workers funds were redirected to financial planners in the form of commissions, including $550 million from compulsory (SG) super. Rainmaker, which owns Financial Standard, also reported that $6.48 billion ...

Market Wrap - Morning

AAP  |  TUESDAY, 13 APR 2010
The Australian has received generally positive leads from overnight trading offshore, with Wall Street up marginally, precious metals higher, and European markets flat to higher. Oil and base metal copper were lower, however. On the Sydney Futures Exchange ...

Can fee-for-service insurance advice work?

MICHELLE BALTAZAR  |  MONDAY, 12 APR 2010
It is still too early to conclude that commissions-based insurance advice is affordable for the general public but two planning groups show that it can work for certain segments of the market. This month, MLC-owned planning group Godfrey Pembroke announced ...

Flip-flop

BENJAMIN ONG  |  FRIDAY, 26 MAR 2010
Aren't you getting tired of this? Sick and tired of how Greek will be saved one day and left in ruins the next? It's come to such a confused state that the flip-flopping of news reports gives substance to the phrase, "it's all Greek to me!" Flip. Greek ...

PIMCO Australia draws record $30bn FUM

MICHELLE BALTAZAR  |  WEDNESDAY, 24 MAR 2010
PIMCO Australia posted its biggest year ever in 2009, with funds under management (FUM) up 36 per cent to $30 billion - but with the higher FUM comes the onus to better navigate sovereign risk. Peter Dorrian, PIMCO's head of global wealth management ...

ETS collapse threatens ESG

MICHAEL HOBBS  |  MONDAY, 15 MAR 2010
Collapsing political support for climate change action has led to a policy vacuum on emissions trading - prompting concerns among environmental, social and governance (ESG) investment strategists that the market is losing momentum. The new Liberal Party ...

HOSTPLUS promotes Sullivan to exec manager

COMPANY RELEASE  |  WEDNESDAY, 10 FEB 2010
Former Sunsuper marketing executive Wayne Sullivan has been promoted to the role of executive manager, marketing at HOSTPLUS following the departure of Umberto Mecchi. Sullivan has 25 years experience in financial services marketing and communication ...

Super funds back trustee pay disclosure

MICHELLE BALTAZAR  |  WEDNESDAY, 16 DEC 2009
Three leading super funds have supported calls for the industry to disclose executive pay the same way listed companies do, following the release of the Cooper report that asked whether super funds should adopt the same corporate governance rules as ...