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Showing 6141 - 6150 of 10557 results for "BEI"

Folkestone acquires land for planned community

STAFF WRITER  |  TUESDAY, 5 AUG 2014
Listed real estate funds manager Folkestone has entered into a joint venture with ID_Land to establish the Folkestone Truganina Development Fund. The Fund has acquired an 80% interest in a 52.5 hectare residential master planned community in Melbourne's ...

Consumer awareness of vertical integration plummets

LAURA MILLAN  |  TUESDAY, 5 AUG 2014
The number of consumers unaware that their financial adviser works for a dealer group aligned with the big institutions has significantly increased over the past year. In 2013, 51% of the clients using Commonwealth Bank-owned Financial Wisdom thought ...

AustralianSuper, HOSTPLUS launch own-brand debit cards

JAMES FERNYHOUGH  |  TUESDAY, 5 AUG 2014
Industry superannuation giants AustralianSuper and HOSTPLUS are offering members branded debit cards in association with the bank they collectively own, ME Bank. Members of the two funds can sign up to receive a debit card branded with the super fund's ...

Chumbawamba rules

BENJAMIN ONG  |  TUESDAY, 5 AUG 2014
Ho-hum. It's now so predictable that it's become so triple ho-hum boring. Yes folks, "Chumbawamba" still rules on Wall Street - it gets knocked down but it gets up again, nothing's ever going to keep it down. Only yesterday, I listed the list of crises ...

SFGA shareholders approve IOOF acquisition proposal

ALICE URIBE  |  MONDAY, 4 AUG 2014
SFG Australia (SFGA) shareholders have voted in favour of IOOF's Scheme of Arrangement to acquire 100% of ordinary shares in SFGA. SFGA will now seek orders from the Federal Court of Australia for the approval of the Scheme at the second court hearing ...

Claims against advice arm have no factual basis: Macquarie

LAURA MILLAN  |  MONDAY, 4 AUG 2014
Macquarie Group has denied recent media reports claiming its advisers cheated on competency tests and exposed clients to high-risk investments, saying that it would refer the matter to the Australian Press Council (APC). In a statement on its website ...

ASIC announces National Financial Literacy Strategy

HARRY PAGE  |  FRIDAY, 1 AUG 2014
The Australian Securities and Investments Commission (ASIC) has released its National Financial Literacy Strategy 2014-2017, which is aimed at helping Australians become more financially secure. Over the past 12 months, ASIC has compiled the key priorities ...

Super fund trustees say manager fees too high

MARK SMITH  |  FRIDAY, 1 AUG 2014
More than 40% of super fund investment trustees believe fund managers will need to trim their fees to remain competitive. A However, just 6% of managers agree. The figures came from two corresponding surveys conducted by Frontier Advisors. The consultant ...

Default pensions 'very logical' solution: Brogden

JAMES FERNYHOUGH  |  THURSDAY, 31 JUL 2014
A MySuper-style default retirement product could be "a very logical" way to encourage retirees to take income streams rather than lump sums, according to Financial Services Council (FSC) chief executive John Brogden. Brogden's comments came in response ...

Unmet SMSF advice needs a boon for advisers

ALICE URIBE  |  THURSDAY, 31 JUL 2014
More than 286,000 self-managed super funds (SMSFs) have unmet advice needs, representing a huge opportunity for financial advisers, according to new research from Investment Trends. SMSFs who say they have unmet advice needs are prepared to pay up to ...