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Showing 81 - 90 of 368 results for "IFS"

IFSA rebrands to the Financial Services Council

MICHAEL HOBBS  |  FRIDAY, 25 JUN 2010
The Investment & Financial Services Association (IFSA) is changing its name to the Financial Services Council, signalling a move to broaden its reach and influence. The peak body represents retail and wholesale funds management institutions spanning ...

AIST alerts regulator on misleading campaign against super

MICHELLE BALTAZAR  |  FRIDAY, 18 JUN 2010
Superannuation body AIST rejects ad campaigns from mining groups claiming the proposed resources super profit tax (RSPT) will hurt retirement savings - and calls on ASIC to look into these "irresponsible" and "misleading" claims. AIST wants to alert ...

Fund fees not coming down: Cooper

MICHELLE BALTAZAR  |  THURSDAY, 27 MAY 2010
Super System Review chair Jeremy Cooper said market forces in super aren't enough to drive the best outcome for members, arguing that contrary to industry claims, fund fees have gone up, not down, in the past decade. In his speech at the Committee for ...

New performance reporting standards for retail funds

ALEX DUNNIN  |  WEDNESDAY, 26 MAY 2010
The Investment and Financial Services Association is implementing a new investment reporting format that will require retail super funds to revert back to performance figures gross of any ongoing and advice fees. The objective is to facilitate comparability ...

Govt to inject $25m into 'best practice' regulation

MICHELLE BALTAZAR  |  WEDNESDAY, 12 MAY 2010
The government will pump up to $25 million over four years into a new centre that will teach and train the next generation of financial regulators in Australia while building ties with the regulatory powers-that-be in Asia. Speaking at a post-Budget ...

PM repeats calls to make Australia a fin services hub

At an industry forum yesterday, the Prime Minister Kevin Rudd talks about the next wave of superannuation reforms and the critical role the financial services sector play in the national economy. He said the reforms are the most significant set of reforms ...

Industry prepares for new advice era

MICHELLE BALTAZAR AND RUTH LIEW  |  TUESDAY, 27 APR 2010
The government's proposed reforms to change the way planners charge for advice will spur the industry's long-term growth, but at the cost of serious headaches and profits during the adjustment period. The minister for financial services, superannuation ...

Lloyd joins Perpetual from BT

COMPANY RELEASE  |  THURSDAY, 22 APR 2010
Geoff Lloyd, former general manager of advice at BT Financial Group, has joined Perpetual as group executive of private wealth. He will lead the organic and inorganic growth of Perpetual's financial advice business which currently has $8.6 billion in ...

Cooper Review unveils MySuper, officially

MICHELLE BALTAZAR  |  TUESDAY, 20 APR 2010
The public could soon have access to a new superannuation product called 'MySuper', which is free from trailing commissions, charges no contribution fees and is much easier to understand, under proposals outlined by the Cooper Review today. The preliminary ...

Super too complex to handle

MICHELLE BALTAZAR IS A MEDIA GUEST AT THE SECURITY ANNUAL CONFERENCE IN ADELAIDE  |  THURSDAY, 15 APR 2010
Relentless tinkering in superannuation rules has made the art of saving through super more like rocket science, driving many investors to make choices that could damage their financial health. Bryan Ashenden, head of technical consulting at Westpac-owned ...