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Showing 7211 - 7220 of 10560 results for "BEI"

UK to ban platform payments

ALEX DUNNIN  |  THURSDAY, 28 JUN 2012
Payments to platforms from service providers are set to be banned in the UK by the Financial Services Authority (FSA), triggering reactions that the reforms would shift $30 million in costs directly onto consumers. The proposals are contained in a discussion ...

AMP to acquire Cavendish

MELANIE TIMBRELL  |  WEDNESDAY, 27 JUN 2012
AMP Limited is to acquire Australia's largest SMSF administrator Cavendish Group as part of plans to establish an SMSF dedicated business unit under Paul Sainsbury. The new unit aims to capture a greater position for AMP in the $440bn self-managed super ...

Go ahead Europe, make my day

BENJAMIN ONG  |  WEDNESDAY, 27 JUN 2012
Stop right there. If you believe that last night's reversal of fortune on Wall Street was really, truly because of "improved data on the US housing market" as the Australian Financial Review puts it or "as Home Data Tempers Economic Concern," as per ...

China manuf growth figures being misread

MELANIE TIMBRELL  |  TUESDAY, 26 JUN 2012
HSBC's flash China Purchasing Managers' Index result released last week is being read as further evidence of a broad-based manufacturing slowdown, but this misinterprets what's going on in the sector, said Premium China Funds Management. The common ...

Cold calling scammer gets 10 year ban

LINDA HAUSKEN  |  TUESDAY, 26 JUN 2012
Australian Securities & Investments Commission has banned City Index Australasia and its director, Blair Jason Travers, from the financial services industry for 10 years after being found guilty of a cold calling scam. Australian Securities & Investments ...

Super funds drive M5 infra investment deal

BEN COLLINS  |  TUESDAY, 26 JUN 2012
Several superannuation funds will help finance the widening of Sydney's M5 motorway through investment in the road's operator Interlink Roads Pty Ltd. Financial Standard understands that the finance will be provided by AMP capital, Industry Funds management ...

North American Endowments bullish on PE

LINDA HAUSKEN  |  MONDAY, 25 JUN 2012
Endowment funds in the US have increased their allocations to private equity by 50% over the past five years, according to a report from alternatives investments researcher Preqin. Endowments are the fourth largest institutional grouping in the US. ...

SMSFs should pay SuperStream levy: AIST

ALEX DUNNIN  |  FRIDAY, 22 JUN 2012
Self-managed super funds are the biggest superannuation sector by dollars and will be major beneficiaries of the SuperStream reforms and so should contribute to the levy being imposed on other fund members, argues the AIST. Australian Institute of Superannuation ...

Borland heads to CS Singapore

ALEX DUNNIN  |  FRIDAY, 22 JUN 2012
Karla Borland has been appointed as head of mutual funds & ETFs Asia for Credit Suisse Singapore following the appointment of Joost Bilkes to relationship manager at the Taiwanese desk in the same ofice. Lars Kalbreier, spokesperson for Credit Suisse ...

FOFA passes as industry backs professionalism

MELANIE TIMBRELL  |  THURSDAY, 21 JUN 2012
Industry bodies have broadly welcomed yesterday's passage of the FOFA legislation through the Senate, with the focus on codes of conduct effectively setting up the industry for self-regulation amid the push towards professionalism and better consumer ...