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Showing 6281 - 6290 of 10557 results for "BEI"

Managed accounts take-up jump 63%: survey

STAFF WRITER  |  TUESDAY, 6 MAY 2014
Rainmaker's 2013 survey of adviser groups found that 26 adviser groups have reported being associated with a managed account, up 63% from the 16 who reported a similar association in 2008. While this may be considered a relatively small number, the ...

'Choice' dashboard, portfolio disclosure delayed to 2015

ALEX DUNNIN  |  TUESDAY, 6 MAY 2014
The government has announced that the start date for the product dashboard for 'choice' super funds and introduction of the portfolio holdings disclosure regime will be delayed 12 months to July 2015. Rollout of the MySuper product dashboard is unaffected ...

Market Wrap AM

AAP  |  TUESDAY, 6 MAY 2014
The Australian market looks set to open higher after Wall Street gained despite continuing concern over escalating tension in Ukraine and poor industrial data from China. At 0805 AEST on Tuesday, the June share price index futures contract was up nine ...

New reports to stir financial planning perfect storm

LAURA MILLAN  |  MONDAY, 5 MAY 2014
New information about the sales-driven culture inside the Commonwealth Bank's financial planning unit has prompted the Financial Planning Association (FPA) to leap to advisers' defense. Tonight's airing of 'Banking Bad' on the ABC's Four Corners program ...

Platform error forces NAB to pay further compensation

LAURA MILLAN  |  MONDAY, 5 MAY 2014
A review of NAB Wealth's Navigator platform has revealed that the bank made a mistake when calculating compensation to 43,000 clients in 2012. NAB Wealth expects the compensation to be less than $200,000, which adds to the $1.9 million that the bank ...

Custodians fight hard for big super deals

JAMES FERNYHOUGH  |  MONDAY, 5 MAY 2014
Custodians are fiercely competing to win the business of Australia's largest superannuation funds, with some trading in short-term commercial gain in exchange for strategic long-term deals. One method of doing this is by offering so-called 'fee holidays' ...

Super on track for double-digit year

ALEX DUNNIN  |  MONDAY, 5 MAY 2014
The SelectingSuper Workplace rolling 12 month default option index dampened slightly during March to return 12.6%, pointing to 2013-14 being on-track to be another double-digit performance year. The March 12 month performance figure is, however, down ...

Growth of institutional infrastructure demand revealed

MARK SMITH  |  FRIDAY, 2 MAY 2014
Global institutional investors have plunged $439 billion into direct infrastructure projects in the last four years, according to research from alternatives research house Preqin. Preqin's latest research estimates that institutions have invested directly ...

ANZ wealth division profits up 11%

MARK SMITH  |  THURSDAY, 1 MAY 2014
An 11% increase in ANZ's global wealth division's profit has contributed to the banking group's strong overall half-year result. In an announcement on the Australian Securities Exchange (ASX), the group reported a 15% climb in statutory profit to $3.4 ...

Defence Bank unveils pension product

STAFF WRITER  |  WEDNESDAY, 30 APR 2014
The Defence Bank has launched a new product designed for members in either the accumulation or the retirement stage of life. Defence Bank Super is a "Tier 1" product, meaning members can get information about it from one of the Defence Bank's retail ...