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Showing 911 - 920 of 1875 results for "broker"

Demand for listed PM Capital fund exceeds $50 million

MARK SMITH  |  MONDAY, 18 NOV 2013

Transaction-based fees hurt private banking clients

MARK SMITH  |  WEDNESDAY, 13 NOV 2013
... but private banks are yet to catch up. "What amazes me is the significant amount of trust clients put with their bank, broker or relationship manager. It doesn't allow them to be objective about the service they receive." The private banking expert added ...

AMP seeks to raise $200 million with debt issue

MARK SMITH  |  WEDNESDAY, 6 NOV 2013
AMP is seeking to raise $200 million through the launch of new subordinated and unsecured debt securities on the Australian Securities Exchange (ASX). Known as AMP Subordinated Notes 2, the new instruments were intended primarily to finance existing ...

NFP funds turning to direct investment options in droves

MARK SMITH  |  TUESDAY, 5 NOV 2013
The large majority of industry superannuation funds are looking to add direct investment options (DIOs) to their service offerings with some even considering opening the service to non-members through separate legal structures according to Lonsec Fiscal ...

Republicans vote that advisers have no best interest duty

ALEX DUNNIN  |  FRIDAY, 1 NOV 2013
In scenes reminiscent of Australia's looming political debate to wind back the adviser best interest duty, the Republican-dominated Congress in the US has voted for a bill that allows advisers to act without putting their clients' best interests first. ...

Direct investment growth changes landscape

MARK SMITH  |  FRIDAY, 25 OCT 2013
A steady rise in the number of consumers investing directly signals the emergence of a new investment landscape for wealth managers to tap into, according to a CoreData report. CoreData said the growth in the segment poses both challenges and opportunities ...

Problem is weak credit law, not us: ASIC

LAURA MILLAN  |  FRIDAY, 25 OCT 2013
The Australian Securities and Investment Commission (ASIC) claimed that it had limited jurisdiction over the credit industry in its final submission to the Senate inquiry. In its final submission, ASIC focused on the reforms to the credit industry and ...

Reinsurance specialist boosts Australian team

LAURA MILLAN  |  MONDAY, 21 OCT 2013
... new appointments will be based in Sydney and will allow the firm to expand its offering from a traditional reinsurance broker to a holistic provider of insurance services. Matthew Rose has been appointed to the newly-created role of principal of Capital ...

Finance broker gets 6 month ban

STAFF WRITERS  |  WEDNESDAY, 16 OCT 2013
ASIC has banned finance broker Alexander Dryden of West Croydon, South Australia, from engaging in credit activities and suspended his Australian credit license for six months. ASIC surveillance found Mr Dryden, who had been trading as 'Gryphon Financial' ...

FIIG to manage new mid-cap corporate bond issue

MARK SMITH  |  WEDNESDAY, 9 OCT 2013
... ASX-listed mid-cap to announce it will access the corporate bond market through a wholesale note issue arranged by bond broker FIIG Securities. The 4-year senior unsecured bond issue is set to raise a minimum of $40 million with an indicative coupon ...