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Showing 8351 - 8360 of 18276 results for "Plan"

ME Bank chair retires

ALEX BURKE  |  FRIDAY, 6 FEB 2015
ME Bank chair Bernie Fraser will step down after 15 years at the company, he announced yesterday. His decision is effective immediately and follows succession planning preparations; current ME Bank director Garry Weaven will replace him as chairman. ...

Push to end US Congressional pensions

ALEX DUNNIN  |  FRIDAY, 6 FEB 2015
... all future Members of Congress as well as those currently serving who are not yet vested into the congressional retirement plan. The push to introduce the bill is being led by Ron DeSantis, a Republican congressman from Florida. DeSantis declined his ...

Netwealth appoints general manager for adviser channel

LAURA MILLAN  |  FRIDAY, 6 FEB 2015
Netwealth Advice Group has appointed a general manager for its employed adviser business, Bridgeport Financial Planning. Cameron Cogle joins netwealth from ClearView, where he was general manager. "Cameron's experience in leading salaried financial ...

DomaCom appoints state manager

MARK SMITH  |  THURSDAY, 5 FEB 2015
DomaCom has appointed Chris Benson to the role of state manager, Victoria and Tasmania. The fund manager said the appointment reflects the growing interest in its new Fractional Property Investment Fund in the southern regions. Benson has more than ...

MDS Financial Group to purchase Sequoia Wealth Group

ALEX BURKE  |  THURSDAY, 5 FEB 2015
Back-office software provider and broker MDS Financial Group (MDS) has signed a non-binding term sheet to acquire specialist financial advice firm Sequoia Wealth Group (SWG), it announced today. This follows MDS's acquisition of SWG's minority shareholder ...

ASIC to face legal action over Storm Financial

LAURA MILLAN  |  THURSDAY, 5 FEB 2015
The Australian Securities and Investments Commission (ASIC) is facing a class action for its alleged delay in taking action against Storm Financial and for allegedly acting to protect the interests of major banks, particularly the Commonwealth Bank ...

Suncorp tight-lipped on CEO departure

LAURA MILLAN  |  WEDNESDAY, 4 FEB 2015
Suncorp Group has refused to comment on speculation that its chief executive Patrick Snowball will retire from his role and that a successor will be appointed at the end of 2015. "As the Chairman has indicated, it is prudent that the Board has an active ...

Succession planning major issue for advisers

ALEX BURKE  |  WEDNESDAY, 4 FEB 2015
A significant amount of financial advice practices have no effective succession plan in place, according to the Rubik Wealth/Business Health Future Ready VI report. The report aims to comprehensively analyse the health of Australian financial advice. ...

FEATURE: Understanding mFund

STAFF WRITER  |  WEDNESDAY, 4 FEB 2015
Offering instant diversification, professional management and exposure to assets not easily reached by individuals, managed funds represent a one-stop shop that's suitable for every type of investor. But despite these obvious benefits, the penetration ...

Market Wrap AM

LAURA MILLAN  |  WEDNESDAY, 4 FEB 2015
The Australian market looks set to open higher after the Reserve Bank cut interest rates to a new record low and oil prices rebounded. At 0837 AEDT on Wednesday, the March share price index futures contract was up 97 points at 5,740. Consumers are waiting ...