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Showing 7601 - 7610 of 10560 results for "BEI"

SMSFs given leeway on property assets

MATT WOODINGTON  |  WEDNESDAY, 14 SEP 2011
Self managed super fund trustees will be allowed to make improvements to property assets under a proposed new ruling from the Australian Taxation Office, which has also relaxed its interpretation of single acquirable assets. The ATO's draft ruling on ...

ASIC surveillance sharpens focus on AFS licensees

MATT WOODINGTON  |  TUESDAY, 13 SEP 2011
Financial services licensees must effectively monitor business models for possible conflicts of interest and prioritise training and supervision of advisers, said ASIC, as part of plans to raise standards in the advice industry and hold gatekeepers ...

Perpetual outsources central data hub

ELISE BURGESS  |  TUESDAY, 13 SEP 2011
Perpetual has selected a global EDM specialist to run its central data hub to replace its inhouse system. Going live today, Perpetual selected the Cadis enterprise data management (EDM) platform after a two week proof of concept test which assessed ...

Mandiri open for Australian insto business

ALEX DUNNIN  |  MONDAY, 12 SEP 2011
Investors looking to Asian opportunities invariably focus almost exclusively on China but Indonesian investment managers are making a case that their country is in an early phase of the economic development cycle and represents opportunities just as ...

Market Wrap - Morning

AAP  |  MONDAY, 12 SEP 2011
US stocks plunged on Friday, with the Dow Jones Industrial Average sliding more than 300 points, as global stock markets were stung by fresh anxiety in the eurozone over Greece's bailout. The Dow fell 303.68 points (2.69 per cent) to close at 10,992.13. ...

Sustainability already impacting investments

ELISE BURGESS  |  THURSDAY, 8 SEP 2011
Australian investment will feel the impact of sustainability within five years with risks and opportunities to impact, according to Jane Goodland, global head of sustainability at Towers Watson. Macro trends including demographic changes such as ageing ...

Omega bond launch timed for asset allocation shift

MATT WOODINGTON  |  THURSDAY, 8 SEP 2011
Omega Global Investors launches a new bond fund tomorrow, positioning itself to benefit from an expected shift from equities to fixed interest in the institutional and retail market. The fund is being seeded with $200 million and will offer investors ...

AXA winds up billion dollar funds

ELISE BURGESS  |  WEDNESDAY, 7 SEP 2011
AXA Australia is in the process of winding up seven funds, including a $1.06 billion mortgage fund, with a withdrawal offer available on two others. An AXA spokesperson confirmed to Financial Standard yesterday that AXA had completed a review of its ...

Littler departure puts CFSGAM fund on hold

MATT WOODINGTON  |  WEDNESDAY, 7 SEP 2011
Martin Littler, the senior portfolio manager of Colonial First State Global Asset Management's core Australian equities team, will retire on September 16. In February this year Littler handed over the leadership of the team to Matthew Reynolds, who ...

Retail super fund commissions revealed

MATT WOODINGTON  |  TUESDAY, 6 SEP 2011
Retail super fund members paid almost $3 billion in commissions during 2010, according to new Rainmaker research. The fee study, commissioned by Industry Super Network, shows that members parted with $1.9 billion in payments linked to super investments ...