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Showing 8811 - 8820 of 18276 results for "Plan"

Standard Life Investment property specialist joins Neuberger Berman

MARK SMITH  |  WEDNESDAY, 9 JUL 2014
Investment manager Neuberger Berman has appointed former Standard Life Investment's executive Anton Kwang as a senior portfolio manager for the Asia Pacific region. To be based in Hong Kong, Kwang's appointment marks an expansion of the company's global ...

AIMA appoints new general manager

MARK SMITH  |  WEDNESDAY, 9 JUL 2014
The Alternative Investment Management Association (AIMA) has appointed former hedge fund manager Michael Gallagher as general manager of its Australian National Group. Gallagher replaces Brett Ireland who has decided to focus on a full-time role elsewhere ...

Labor questions Murray, calls for another inquiry

LAURA MILLAN  |  WEDNESDAY, 9 JUL 2014
The opposition has called for a further parliamentary inquiry into the Australian Securities and Investment Commission and the Commonwealth Bank and branded the government's plans to examine financial advice scandals as part of the Financial System ...

Intra-fund advice exemptions in doubt

JAMES FERNYHOUGH  |  TUESDAY, 8 JUL 2014
Industry super funds could face stricter rules around block charging members for financial advice if the Senate blocks the amendments to the Future of Financial Advice (FoFA) reforms, Finance Minister Mathias Cormann has said. Singling out exemptions ...

Advice firm chooses MDAs over platforms

LAURA MILLAN  |  TUESDAY, 8 JUL 2014
Melbourne advice firm Moran Howlett Financial Planning will transfer the majority of its funds under advice from traditional platforms onto a managed discretionary account (MDA) structure. The firm has about 350 clients and $160 million in assets under ...

New laws bring aged care advice into the spotlight

LAURA MILLAN  |  MONDAY, 7 JUL 2014
The Living Longer, Living Better reforms that began on July 1, 2014, are forcing financial advisers to review their clients' aged care arrangements. Advisers need to take into account the client's assets and income to ensure that the approach taken ...

Federal Court judgements contradictory on adviser liability

LAURA MILLAN  |  MONDAY, 7 JUL 2014
The Federal Court has issued two separate and contradictory judgements that cast a doubt over financial advisers' proportionate liability when facing client legal claims. Within less than one month, the Full Court of the Federal Court has judged the ...

EQT completes ANZ Trustees acquisition

STAFF WRITER  |  MONDAY, 7 JUL 2014
Equity Trustees (EQT) has completed the acquisition of ANZ Trustees for $150 million, which has boosted ET's total funds under management to $40 billion. As part of the agreement, EQT and ANZ have entered into a strategic relationship for five years ...

ISA FoFA report sparks industry outrage

LAURA MILLAN  |  MONDAY, 7 JUL 2014
Industry Super Australia (ISA) report 'Commissions by Another Name' has sparked outrage among some industry stakeholders, which have labelled it as wrong, inaccurate and misleading. "Consumers are being misled by a scare campaign on [the Future of Financial ...

CBA reaction too slow, too little, too late

LAURA MILLAN  |  FRIDAY, 4 JUL 2014
Commonwealth Bank's initiative to set up a program to review financial advice given to its clients from 2003 to 2012 has been slammed by several stakeholders for being too slow, too little and too late. Speaking at a Melbourne Institute event yesterday ...