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Showing 7671 - 7680 of 8595 results for "SIM"

Principal buys $16.5b value fund

Principal Global Investors (PGI) has acquired Morley Financial Services, a value asset manager with around $16.5 billion (US$14 billion) in funds under management, for $88.8 million (US$75 million). PGI Australia's chief executive Grant Forster said ...

ATO launches SMSF info service

ALEX DUNNIN  |  TUESDAY, 26 JUN 2007
The BetterSuper inspired push for self-managed super funds (SMSF) has prompted the Australian Taxation Office (ATO) to launch a regular newsletter service to alert trustees about upcoming management and legislation issues that will affect them. "We ...

Genesys chooses preferred insurers

HAMISH MADDEN  |  TUESDAY, 26 JUN 2007
Genesys Wealth Advisers has partnered with four preferred group insurers - Aviva, CommInsure, Macquarie and TOWER - in a bid to leverage improved outcomes for all parties. Genesys head, Andrew Creaser, said the preferred supplier relationships would ...

Success of planners a double-edged sword

CHRIS NICHOLLS  |  MONDAY, 25 JUN 2007
Promoting financial planning may be the next big challenge for the industry, but it will also expose a chronic shortage of planners, according to AMP Financial Planning managing director Michael Guggenheimer. While the industry definitely needed to ...

Industry cheers red tape cuts

The Simpler Regulatory Bill passed last week will reduce the compliance burden and costs associated with advice for investments or superannuation amounts under $15,000, a move welcomed by the Financial Planning Association (FPA) and the Institute of ...

GS JBWere appoints new equity derivatives MD

CHRIS NICHOLLS  |  MONDAY, 25 JUN 2007
Goldman Sachs JBWere today announced former UBS executive Rob Price has joined as managing director and head of equity derivatives. Price will be responsible for leading the strategy of Goldman Sachs' equity derivatives and structured products sections ...

AMP NZ shifts passive portfolio to 100% active

The largest fund manager in NZ, AMP Capital Investors, has moved its entire global equities portfolio from 80 per cent passively managed and 20 per cent actively managed to 100 per cent actively managed to take advantage of new rules that will come ...

Mercer appoints alternatives specialist

HAMISH MADDEN  |  FRIDAY, 22 JUN 2007
Mercer Investment Consulting has appointed a new senior investment consultant and alternative asset specialist to its Melbourne team. David Lee joins Mercer as senior investment consultant, bringing with him industry experience that includes time spent ...

Equipsuper offering members full service advice

HAMISH MADDEN  |  THURSDAY, 21 JUN 2007
Equipsuper, in conjunction with Health Super Financial Services, has launched Equipsuper Financial Planning, a full service advice business operating on a fee for service model. Equipsuper Financial Planning will operate under Health Super Financial ...

ASIC review to streamline IDPS rules

ALEX DUNNIN  |  THURSDAY, 21 JUN 2007
The Australian Securities and Investments Commission (ASIC) is undertaking its first ever review of the rules around licensing for Investor Directed Portfolio Services (IDPS) which it hopes will simplify some of their operating rules and reduce barriers ...