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Showing 8881 - 8890 of 9326 results for "Red"

Mellon explores local transition management opportunities

Mellon Global Investments is looking at establishing a transition management business in Australia. US-based Mellon Transition Management Services president Mark Keleher was recently in Australia to discuss opportunities with local institutions. "Australia ...

ASIC alerts super fund members about large exit fees

A recent review of the extent and nature of superannuation exit fees conducted by ASIC has found at least 550,000 Australians are members of superannuation funds that may charge substantial exit or termination fees when members attempt to move their ...

Morningstar corrects HSBCAM numbers

Morningstar has issued another update on HSBC Asset Management after publishing performance figures last week that omitted to account for a distribution. The researcher's general outlook on the manager has remained unchanged - with the manager's strategy ...

Colonial Mutual to fix unit pricing errors

Three arms of Colonial Mutual, The Colonial Mutual Life Assurance Society (CMLA), Colonial Mutual Superannuation (CMS), and Commonwealth Custodial Services (CCS), have given ASIC an enforceable undertaking to correct errors contained in the unit-linked ...

Challenger checks out HSBC Asset Management

Challenger Financial Services this morning confirmed it is in discussions with HSBC regarding the acquisition of HSBC Asset Management. In a statement to the Australian Stock Exchange (ASX) Challenger said it would advise the market further when details ...

Colonial launches new initiatives in response to choice

Colonial will be launching a contribution splitting and direct credit facility in response to addressing administration burdens from the up coming choice of fund legislation. The FirstChoice SuperSplit -contribution splitting facility is aimed to address ...

Tower to make amends for account balance errors

Tower Superannuation (Tower Super) has given ASIC an enforceable undertaking to correct errors pertaining to the members' account balances for the Tower Superb Master Trust (Superb). The errors arose from an administrative mistake by Superb's fund administrator ...

Select Gold Fund goes for approved rating

Zenith has given an approved rating on Select Asset Management's Gold Fund highlighting the fund's ability to offer diversification in a portfolio. Select has outsourced the investment capabilities of the fund to specialist manager Baker Steel Capital ...

Fincorp feels ASIC's displeasure

Financial watchdog ASIC has filed proceedings in the NSW Supreme Court against the heavily publicized Fincorp Investments. ASIC is alleging that Fincorp offered securities under a replacement prospectus, which contained misleading or deceptive statements ...

Mercer proposes lower taxes on super and a rise in pension age

Mercer Human Resource Consulting has recommended the Federal Government reduce taxes levied on superannuation funds and raise the official pension age from 65 to 67 in order to address the problems presented by the aging workforce. The suggestions have ...