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Showing 9941 - 9950 of 14214 results for "Interest"

Dealer groups miss commissions

ALISON BEVEGE  |  THURSDAY, 28 APR 2011
... Wealth, AMP and AXA, and BT Financial Group said they were happy the policy initiative would remove perceived conflict of interest. But all three groups said they were not happy with the move to ban risk insurance commissions. Dealer groups sell risk ...

Less conflict, more interest: FOFA

MICHELLE BALTAZAR  |  THURSDAY, 28 APR 2011
... that not everyone will be happy about the reforms but that, ultimately, codifying the rule that planners act in the best interest of their clients will restore the industry's credibility, marred by the financial collapses of Storm, Trio and Westpoint. ...

Licensee tests offer planners protection

MATT WOODINGTON  |  THURSDAY, 28 APR 2011
Financial planners will have protection against fiduciary problems as licensees are to be subject to the same best interest tests, according to the Government's FOFA reforms. The Financial Planning Association (FPA) said that one of its recommendations ...

SPAA positive but fears bad practice post FOFA

ELISE BURGESS  |  THURSDAY, 28 APR 2011
The Self Managed Super Fund Professionals' Association (SPAA) has responded positively to the FOFA reforms but expressed fears that the banning of risk commissions may shift market. The association has concerns about dealing with risk commissions separately ...

Market Wrap - Midday

AAP  |  THURSDAY, 28 APR 2011
... off its highs of the session as traders digested a new high for the Australian dollar and what it means for stocks and interest rates. At 1200 AEST, the benchmark S&P/ASX200 index was 20.4 points higher, by 0.42 per cent, at 4,893.3, while the broader ...

FOFA leaves consumers in the cold

MATT WOODINGTON  |  THURSDAY, 28 APR 2011
... advisers and the trust between them and their clients. John Brogden, chief executive officer, FSC, has backed the best interest approach adopted by the government. "This will ensure the consumer and the adviser are clear on how best interest applies ...

Let's party!

BENJAMIN ONG  |  THURSDAY, 28 APR 2011
... utterances by several Fed members preferring an early end to QE2 and/or ending the bond purchase programme and/or raising interest rates, there were no dissenters in last night's FOMC vote - zilch, nil, nada. Kansas City Fed President Thomas Hoenig had ...

Market Wrap - Morning

AAP  |  THURSDAY, 28 APR 2011
... Australian share market closed lower amid concerns about a tough upcoming federal budget, strong local dollar and possible interest rate rises sparked by higher inflation figures. The benchmark S&P/ASX200 index closed down 40.9 points, or 0.83 per cent ...

CBA funds get small Q1 lift

MATT WOODINGTON  |  WEDNESDAY, 27 APR 2011
... 2011, CBA had $23.9 billion in Australian equities, $52.1 billion in global equities, $50.8 billion in cash and fixed interest and $24.5 billion in property and infrastructure. In wealth management, Insurance Inforce Premiums were up 1.1 per cent to ...

Gillard urges China investment relationship

ELISE BURGESS  |  WEDNESDAY, 27 APR 2011
... investment from other countries, inward investment proposals are subject to consistent rules which serve our national interest." During the speech, Gillard said that a free-trade agreement had taken too long to be developed. During her visit to North ...

Editor's Choice

Treasury responds to Debelle's review into the AOFM

KARREN VERGARA
Treasury has responded to the Guy Debelle-led review into the Australian Office of Financial Management (AOFM), agreeing to all six recommendations.

Bravura ups guidance, reports earnings increase

RIDDHIMA TALWANI
Bravura Solutions informed investors cost discipline will protect its full year earnings result after a client migrated to a Business Process Outsourcing (BPO) early in the year.

MaxCap hires from Vanguard, AustralianSuper

MATTHEW WAI
MaxCap has welcomed two senior directors, including a portfolio manager from Australia's largest super fund, reporting to the recently named chief executive Kylie Robb.

Zenith snags mandate from Granite Bay

MATTHEW WAI
Granite Bay Private Wealth has selected Zenith Investment Partners to support their investment governance and due diligence.

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