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Showing 8941 - 8950 of 18276 results for "Plan"

FSC serves boutique with 'surprise' exit fee

JAMES FERNYHOUGH  |  THURSDAY, 22 MAY 2014
The Financial Services Council (FSC) has gone to the courts to force UCA Funds Management (UCA) to pay an $8,000 'resignation fee', a charge the fund claims it knew nothing about. UCA chief executive Michael Walsh told Financial Standard that when in ...

FoFA changes to cost consumers millions

JAMES FERNYHOUGH  |  THURSDAY, 22 MAY 2014
Consumers could be $530 million a year worse off as a result of the proposed amendments to the Future of Financial Advice (FoFA) reforms, a report has found. The report, carried out by Rice Warner and commissioned by Industry Super Australia (ISA) ...

Pohl launches mandate hunt as non-compete clause expires

MARK SMITH  |  THURSDAY, 22 MAY 2014
The expiry of a two-year non-compete clause with Hyperion Asset Management has cleared the way for Manny Pohl's new business to target institutional investors again. The former Hyperion managing director has wasted no time in telling institutional prospects ...

Easy CBs

BENJAMIN ONG  |  THURSDAY, 22 MAY 2014
Ho-hum. Two minutes and a policy announcement and what have we got? More of the same - the same pledge, promise, commitment, indication that the world's biggest lenders of last resort would keep lending... at cheap as chips rates. Wall Street's happy.A ...

Market Wrap AM

AAP  |  THURSDAY, 22 MAY 2014
The Australian share market is set for a positive start to trade, after Wall Street lifted when the US Federal Reserve confirmed no change to its interest rate plans. At 0700 AEST on Thursday, the March share price index futures contract was up 23 points ...

PROFILE: netwealth head of advice Simon Micallef

LAURA MILLAN  |  WEDNESDAY, 21 MAY 2014
Business and soccer have been parallel careers for netwealth head of advice Simon Micallef, and he has been moving swimmingly from one to another. But despite his love of the worldA game, he admits to Laura Millan that Australia will get its financial ...

BT to manage $1.2 billion for People's Choice

LAURA MILLAN  |  TUESDAY, 20 MAY 2014
BT will manage $1.2 billion in funds under advice from member-owned financial institution People's Choice Credit Union. The credit union was previously working with multiple platform providers and individual fund managers and made the decision to look ...

La Trobe registers for the Shanghai Free Trade Zone

ALICE URIBE  |  TUESDAY, 20 MAY 2014
Credit specialist fund manager La Trobe Financial has formally registered in the Shanghai Free Trade Zone (Shanghai FTZ ) as part of an effort to participate in China's proposed financial market deregulation. "Asia's development and population base ...

YBR acquires mortgage aggregator for $17.6 million

ALICE URIBE  |  MONDAY, 19 MAY 2014
Wealth management firm Yellow Brick Road (YBR) has received irrevocable acceptance from all 24 shareholders in Vow Financial Holdings for its offer to acquire 100% of the mortgage aggregator. The offer valued Vow at $17.6 million and shareholders have ...

Equity trustees beds down ANZ Trustees with new appointment

ALICE URIBE  |  MONDAY, 19 MAY 2014
Equity Trustees has created the role of head of cash and fixed income, following the April announcement that it had agreed to acquire 100% of ANZ Trustees for $150 million. Lance Pupelis, who was most recently head of fixed income at ANZ Trustees and ...