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Showing 851 - 860 of 1216 results for "Principle"

Instos face debate on EM strategy

MELANIE TIMBRELL  |  FRIDAY, 10 FEB 2012
... benchmark and if they don't default in the next year, I'm going to be missing out on clipping that coupon and having my principle at the end of the year, so I could really be lagging. So for controlling against that risk, I have to hold them, and hold ...

Adviser obligations need to be institutionalised: AFA

MELANIE TIMBRELL  |  WEDNESDAY, 8 FEB 2012
Educating industry professionals and the public in general is vital if the advice profession is to overcome the reputation damage caused by events such as the collapse of Storm Financial, according to the head of the AFA. Speaking at the Association ...

AMP: FOFA needs a rigorous stocktake

CLAIRE MCGREAL  |  TUESDAY, 24 JAN 2012
AMP has come down hard on the government's draft FOFA legislation, saying the Bill as it stands had "so many problems" a "rigorous stocktake" was needed. Appearing before the Parliamentary Joint Committee yesterday, managing director AMP Financial Services ...

ASIC clears up infrastructure rules

ELISE BURGESS  |  TUESDAY, 24 JAN 2012
Infrastructure entities and investors now have a clearer understanding of the risks associated with investing in infrastructure after ASIC released new disclosure benchmarks and principles for infrastructure entities today. The Australian Securities ...

PJC hears FOFA lost in translation

MELANIE TIMBRELL  |  MONDAY, 23 JAN 2012
... executive officer for the Association of Financial Advisers called for a "level playing field," saying that the opt-in principle in particular would lead to more consolidation in the industry and damage Australians' ability to access quality advice ...

Industry responds to intra fund advice measures

CLAIRE MCGREAL  |  FRIDAY, 9 DEC 2011
... the move, saying it was not only good for consumers but would also provide certainty for the industry. "A fundamental principle is that people should be able to get access to genuine help with the money and benefits they have in their superannuation ...

BlackRock wins $3.8 billion VicSuper mandates

RACHEL DAVIS  |  THURSDAY, 1 DEC 2011
BlackRock Investment Management Australia has been appointed to manage almost $4 billion of assets for VicSuper Fund, one of Australia's fastest growing public offer superannuation funds. BlackRock will manage the index mandates across Australian equity ...

Consolidation creating conflict between product and advice

RACHEL DAVIS  |  THURSDAY, 1 DEC 2011
Independent financial planning group, Premium Wealth Management, has said that while it is confident about the future of independent financial advice, it fears consolidation in anticipation of the FOFA reforms is creating a conflict of interest between ...

Industry hits out at Best Interest

CLAIRE MCGREAL  |  FRIDAY, 25 NOV 2011
... Financial Advisers (AFA) is also hitting out at the second tranche of the reforms, including Best Interest. "While the principle is sound, the AFA believes the devil will be in the detail. A best interest's duty may also increase the cost of professional ...

AXA IM to expand responsible investment focus

CLAIRE MCGREAL  |  TUESDAY, 22 NOV 2011
AXA Investment Managers is stepping up its focus on responsible investing with plans to expand its five-strong global team and build on research in the sector in the New Year. The asset management firm believes growth in investment funds directed into ...