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Showing 6211 - 6220 of 10557 results for "BEI"

CBA apologies again, refutes reckless culture accusations

LAURA MILLAN  |  FRIDAY, 27 JUN 2014
Commonwealth Bank has apologised again for the misconduct of its financial advisers that resulted in clients losing millions in retirement savings and has refuted accusations that its sales-based culture was "reckless." The bank has issued a statement ...

Super funds procrastinate on holdings disclosure

JAMES FERNYHOUGH  |  THURSDAY, 26 JUN 2014
Super funds are not treating the looming reality of portfolio holdings disclosure as a priority, according to BNP Paribas Securities Services' chief administration officer Daryl Crich. Speaking to media this week, Crich said: "I don't think it is front ...

Credit Suisse named best UHNW bank in Australia

MARK SMITH  |  THURSDAY, 26 JUN 2014
Credit Suisse has been named the most outstanding institution for its Ultra High Net Worth (UHNW) service offering ($50 million plus) at the Australian Private Banking Awards for the fourth consecutive year. The Australian Private Banking Awards are ...

Treasury contemplates TASA relief for experienced advisers

LAURA MILLAN  |  THURSDAY, 26 JUN 2014
Financial planners who have had six years of experience over the past eight and belong to a professional association will not have to meet the new Tax Agents Services Act 2009 (TASA) requirements for advisers, Treasury said. The government has issued ...

Momentum for mFund service gathering despite uncertainty

MARK SMITH  |  WEDNESDAY, 25 JUN 2014
Equity Trustees has said it is starting to see momentum building for investors to transact through the ASX's mFund Settlement Service. The group says applications for funds provided by two of its clients, PIMCO and Armytage Private Funds, are being ...

MySuper flips members out of millions: CSSA

JAMES FERNYHOUGH  |  TUESDAY, 24 JUN 2014
MySuper may be leaving some disengaged members with much lower life insurance cover thanks to a new form of 'flipping', the Corporate Super Specialists' Alliance (CSSA) has warned. The practice of flipping members from less expensive corporate super ...

Young adviser wins first Gwen Fletcher Memorial Award

LAURA MILLAN  |  TUESDAY, 24 JUN 2014
The Financial Planning Association of Australia (FPA) has awarded a young financial adviser the inaugural Gwen Fletcher Memorial Award. Dixon Advisory financial planner Erin Shields took out the award for being the highest achieving student in last ...

Market wrap

AAP  |  TUESDAY, 24 JUN 2014
The share market has opened weaker following mixed leads overnight from overseas markets. China's best manufacturing activity data in six months helped spark gains in Australia on Monday and in base metals, but US stocks were flat while European markets ...

Good or bad, it's all good

BENJAMIN ONG  |  TUESDAY, 24 JUN 2014
I had pancakes for breakfast. So was everyone else tuned in to overnight trading activity on Wall Street. The S&P 500 index closed flat -- ok, ok... an itsy-bitsy-teenie-weenie minus 0.01% if one must be pedantic about it -- after declining by as much ...

Super for retirement income not wealth warn Treasury, ASFA

ALEX DUNNIN  |  MONDAY, 23 JUN 2014
The superannuation system was designed to facilitate the payment of retirement income, but has been sidetracked by a disproportionate emphasis on wealth accumulation according to a key government official. Speaking at this morning's annual policy conference ...