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Showing 651 - 660 of 746 results for "FoFA"

SPAA calls for fraud net to be cast wider

MATT WOODINGTON  |  TUESDAY, 9 AUG 2011
... any decisions on financial advisers being included in a last resort compensation scheme should be delayed until after the FOFA reforms are finalised. The association also appealed to ASIC to do a better job of monitoring and reviewing insurance policies ...

Bendigo Wealth plays part in group profits

MATT WOODINGTON  |  TUESDAY, 9 AUG 2011
... this," he said. In June, Bendigo Wealth expanded and restructured its team with seven senior appointments in preparation for FOFA reforms and new product launches. Bendigo and Adelaide, which has around $4 billion in funds under management, has reportedly ...

FSC insurance churn action divides planners

MATT WOODINGTON  |  FRIDAY, 5 AUG 2011
... Brogden announced plans to introduce a new standard for replacement business that will be finalised in 2012 to coincide with FOFA. The key components of the standard are the removal of takeover terms for policies transferred by an adviser between insurers ...

LICs benefit from FOFA

ALISON BEVEGE  |  FRIDAY, 5 AUG 2011
The impending loss of trailing commissions for managed funds has made listed investment companies more attractive by leveling the playing field, an industry insider said yesterday. John Robinson, chairman of Global Mining Investments (GMI), a listed ...

AMP/AXA's Integra moves to MLC's Garvan

ELISE BURGESS  |  THURSDAY, 4 AUG 2011
... director, Integra, told Financial Standard. Kent said the acquisition of AXA by AMP and the proposed Future of Financial Advice (FOFA) reforms has prompted the review. "With the proposed changes under FOFA along with consumer education around fees, commissions ...

Industry looks to draw line under reforms

MATT WOODINGTON  |  THURSDAY, 4 AUG 2011
... this legislation, I wish our organisation had not paid any attention to it in the last 12 months." Whatever the outcome of FOFA and Stronger Super, the industry will be relieved to get on with business with an air of certainty. "These reforms have been ...

Government bowing to pressure on super risk commissions

MATT WOODINGTON  |  THURSDAY, 4 AUG 2011
... response to the Costello report on Stronger Super issues in the last full week of August, followed by draft legislation on FOFA next month. It also hopes to submit legislation on superannuation during the spring session of parliament this year. On the ...

BT regroups for market push

ELISE BURGESS  |  WEDNESDAY, 3 AUG 2011
... recruitment. Cooper said the rate of change facing the wealth management industry, such as the Future of Financial Advice (FOFA) reforms, meant it was time for innovation to compete effectively. "We are seeking significant growth across super, insurance ...

Industry uncertainty limits MDAs

ELISE BURGESS  |  THURSDAY, 28 JUL 2011
... Accounts Providers (IMAP) reported a rising interest in managed discretionary accounts (MDA) since the introduction of the FOFA reforms, but that this interest was hampered by a lack of understanding and clarity in the wider wealth management market. ...

ANZ restructure gathers pace with new planning head

MATT WOODINGTON  |  TUESDAY, 26 JUL 2011
... Barrett arrived from CFS in April and has set about building a new structure across the ANZ dealer groups to prepare for a post FOFA, fee for service world. ANZ Wealth confirmed that Ashley Stewart, its general manager, financial planning, is leaving ...

Editor's Choice

Federal Court calls out ASIC for re-running case on appeal

RIDDHIMA TALWANI
The Full Federal Court of Australia has criticised regulators for falling back on appeals to re-litigate cases on a different legal basis than the one run at trial.

Evergreen founder exits Ascalon Capital

KARREN VERGARA
Ascalon Capital has bid farewell to Evergreen Consultants' founder Angela Ashton, shortly after acquiring the consulting firm last year.

Powerhouse Ventures partners with European fund manager

KARREN VERGARA
ASX-listed Powerhouse Ventures has partnered with an unnamed European fund manager that will commit US$50 million to its fledgling Critical Infrastructure Opportunities (CIO) Fund.

KeyInvest unveils new investment platform, awards mandate

MATTHEW WAI
KeyInvest has launched a new investment platform to include a plethora of investment strategies ranging from private credit to global equities.

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