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Showing 591 - 600 of 1102 results for Elise Burgess

IOOF moves for 100pc DKN shares

ELISE BURGESS  |  TUESDAY, 14 JUN 2011
IOOF Holdings has moved to dramatically increase its shares in DKN Financial Group from 18.49 per cent interest to 100 per cent for a complete acquisition of the firm. IOOF, which has held shares since DKN listed in 1989, said the relatively illiquid ...

Equipsuper builds intra-fund advice

ELISE BURGESS  |  TUESDAY, 14 JUN 2011
Equipsuper is building on its intra-fund advice model, creating the Member Adviser service where super members can seek limited financial advice and a statement of advice for a one-off fee of $75. Equipsuper's 54,000 members can now access general ...

SMSF trustees pile $69.5m in US property

ELISE BURGESS  |  TUESDAY, 14 JUN 2011
Dixon Advisory has raised more than double its target from SMSF trustees in a fund IPO backed by US residential property, including assets in New York The Australian-listed fund sought a minimum of $30 million in the IPO, instead receiving $69.5 million ...

DKN acquires 25pc in Godfrey Pembroke firm

ELISE BURGESS  |  FRIDAY, 10 JUN 2011
DKN Financial Group has acquired a 25 per cent stake in former Godfrey Pembroke licensee, StrategyOne Advice Network, to provide compliance, professional development, research and platform administration services to its advisers. The move is inline ...

Advisers and super key to underinsurance: AFA

ELISE BURGESS  |  FRIDAY, 10 JUN 2011
The AFA claims industry research validates its stance that the ban of commissions inside super will negatively impact consumers but the super and advice industries can work together against underinsurance. In the third tranche of research from the Association ...

Direct insurance secures major player status

ELISE BURGESS  |  THURSDAY, 9 JUN 2011
Direct insurance occupies 17.8 per cent of new sales market, securing its place in the insurance industry and as a real competitor to advisers and group insurance alike. According to latest figures from Rice Warner Actuaries' latest Direct Life Insurance ...

Plum lands $300m Lend Lease super mandate

ELISE BURGESS  |  WEDNESDAY, 8 JUN 2011
Plum Financial Services has secured management of property group Lend Lease Corporation's $300 million superannuation fund, which will move from its own fund management to Plum's master trust. This is the seventh fund to transition across to Plum's ...

Shorten ups Trio super levy to $750,000

ELISE BURGESS  |  WEDNESDAY, 8 JUN 2011
APRA regulated superannuation funds will pay a maximum $750,000 under the compensation levy being introduced to recoup the lost $55 million for the victims of failed investment firm, Trio Capital. Under new regulations announced, Assistant Treasurer ...

MLC MasterKey platform revamped

ELISE BURGESS  |  WEDNESDAY, 8 JUN 2011
MLC has made changes to its MasterKey platform based on feedback including external asset reporting, more investment choice and switching strategy options. Advisers using the MasterKey platform now have access to new online and product upgrades. NAB ...

Advisers to decide opt in: AusFIN

ELISE BURGESS  |  TUESDAY, 7 JUN 2011
Strong protests against opt in has opened the door for discussions on how advisers can avoid it through their own actions, said network of consumer, welfare, union and industry super fund groups, AusFIN. Since the Future of Financial Advice (FOFA) proposals ...