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Showing 951 - 960 of 1723 results for "Performance of"

Centrepoint spent $4.9 million in client claims

LAURA MILLAN  |  WEDNESDAY, 24 JUL 2013
... Investment Services (PIS) owner Centrepoint Alliance Group spent $4.9 million to cover client claims in relation to the performance of some of its advisers. The company revealed to the Australian Securities Exchange (ASX) that the group had a net loss ...

A-REITS rewarded for cleaning up act

MARK SMITH  |  TUESDAY, 23 JUL 2013
... able to raise their creditworthiness, the past continues to haunt fund managers' longer-dated returns. The strong performance of the last 12-18 months is coming off a low base and the average long-term investor has underperformed the broader Australian ...

PIS appoints PwC as independent expert

LAURA MILLAN  |  THURSDAY, 18 JUL 2013
... its advice audit and pre-vet functions. The order came after ASIC expressed concerns over PIS compliance and the performance of its advisers. "We have undertaken a complete redesign of our compliance processes, training, recruitment and governance along ...

HNW and SMSF under ATO scrutiny

LAURA MILLAN  |  THURSDAY, 18 JUL 2013
... regulatory obligations, 1,100 more to check they comply with income tax obligations and that it will also look into the performance of 160 approved auditors. Last financial year, the Government body reviewed more than 9,000, raising $16.4 million and ...

Class Super gains ground in SMSF software race

JAMES FERNYHOUGH  |  TUESDAY, 16 JUL 2013
... to help them improve investment performance. Financial planning firms may wish to use SelfWealth to compare the performance of their advisors with the SMSF community." Lesh also said that BGL's new product, Simple Fund 360, due to be launched later this ...

Super fund mergers pose capacity problem

MARK SMITH  |  MONDAY, 15 JUL 2013
... and Care Super's takeover of Asset Super, may restrict members in the new mega funds from accessing the strong performance of boutique managers. Aberdeen Asset Management's Australian managing director Brett Jollie is one manager who has publicly expressed ...

Storm lawyers take ASIC and CBA to court over settlement

LAURA MILLAN  |  FRIDAY, 12 JUL 2013
... lawsuit against Commonwealth Bank that started in July 2010. "The application challenges ASIC's integrity in the performance of its role as a model litigant," Levitt said. ASIC's slow reaction on investigating cases of misconduct within the Commonwealth ...

Infrastructure boom set to continue

MARK SMITH  |  MONDAY, 8 JUL 2013
Global infrastructure investments have bounced back from GFC-losses to post equity-like returns, but with lower volatility, according to the Lonsec Research review of the asset class. The Lonsec Infrastructure Securities Sector Review, which covered ...

Market Wrap AM

AAP  |  FRIDAY, 5 JUL 2013
... was up 35 points at 4,783. In economic news on Friday, the Australian Industry Group/Housing Industry Association performance of construction index (PCI) for month just ended is due out. No major equities news is expected. In Australia, the market on ...

AustralianSuper returns likely to decline in FY14

LAURA MILLAN  |  THURSDAY, 4 JUL 2013
... According to Delaney, this year's high returns are explained by the sharp rebound on equity markets, the strong performance of both the international and the Australian equities and the fall of the Australian dollar. "The fall in the Australian dollar ...