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Showing 8471 - 8480 of 18276 results for "Plan"

AMP to wind up Genesys licence

LAURA MILLAN  |  TUESDAY, 18 NOV 2014
AMP Group will close the Genesys dealer group and will offer practices under the dealership a "smooth transition" to other AMP licensees. An AMP spokesperson confirmed that the group has undertaken "a strategic review of the Genesys business over the ...

AMP Capital property CIO departs, replacement announced

JAMES FERNYHOUGH  |  TUESDAY, 18 NOV 2014
AMP Capital director and chief investment officer of Property Andrew Bird will retire in March 2015 after a decade in the role. Bird will be replaced by Adam Tindall, who is currently chief operating officer, property, at AMP Capital. Bird has been ...

Increased record keeping provisions for advisers

LAURA MILLAN  |  TUESDAY, 18 NOV 2014
Financial advisers will need to keep additional records proving they've complied with the best interests' duty when they give personal advice to retail clients after 23 March 2015. Information to be provided will include documentation that proves the ...

Prosecution drops charges against Storm adviser

LAURA MILLAN  |  MONDAY, 17 NOV 2014
The Commonwealth Director of Public Prosecutions has withdrawn its charge against former Storm Financial adviser Walter John Fullerton-Smith, following the death of a key witness. Fullerton-Smith faced a charge of making a false or misleading statement ...

NAB profits dip on UK write down

JAMES FERNYHOUGH  |  MONDAY, 17 NOV 2014
... headline results as "disappointing" but added: "We're seeing improved performance in a number of areas and we have outlined a plan to focus our efforts and investments to deliver stronger and more sustainable returns for shareholders." The annual report ...

Super funds must justify not merging: APRA

JAMES FERNYHOUGH  |  MONDAY, 17 NOV 2014
Superannuation funds that decide not to consolidate must justify their decision to the Australian Prudential Regulation Authority (APRA) over the next year, according to APRA member Helen Rowell. Rowell said super funds need to question their own viability ...

Advisers want more information from fund managers

LAURA MILLAN  |  MONDAY, 17 NOV 2014
Financial advisers are not only interested in fund returns, they want information to help clients understand how funds fit within their portfolios and how it will help deliver outcomes. An Investment Trends survey of 768 planners found that only one ...

Unlicensed Torquay adviser gets 7 year ban

LAURA MILLAN  |  MONDAY, 17 NOV 2014
Torquay-based director and sole employee of Shore Capital Scott Logan has been banned for providing financial services for seven years. An investigation by the Australian Securities and Investments Commission (ASIC) found that between April 2011 and ...

Latest Financial Standard issue available on the iPad app

STAFF WRITER  |  MONDAY, 17 NOV 2014
In the latest edition of Financial Standard we look at the latest in the active versus passive debate as a trend towards investment in index strategies takes hold. Mark Smith considers whether the jig is up for active fund managers in this issue's feature. ...

Non-aligned licensee inquiries to rise in 2015

LAURA MILLAN  |  MONDAY, 17 NOV 2014
Independence, the flexibility to build an approved product list and cheaper, more advanced technology and platforms are encouraging more advisers to leave large licensees and strike out on their own. The big four banks and AMP have collectively seen ...