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|Speaking at an industry briefing, Federal minister for financial services and superannuation Bill Shorten has thanked the Institute of Chartered Accountants (ICAA) for its input in proposed rules regarding the provision of financial advice. The Institute ...|
|Life insurer AIA Group Limited has delivered record value of new business of $1.19 billion for the year ended 30 November 2012, across the 16 markets it operates in Asia-Pacific. "AIA Australia continues to support AIA Group's strong results and record ...|
|Ernst & Young's former South Australia managing partner and Minter Ellison advisory board member Mark Butcher will lead a retirement village company. On Tuesday Masonic Homes said Butcher, a prominent South Australian business leader, would become chairman ...|
|WHK Group investors run the risk of seeing their shares fall by as much as 13% if the proposed merger with SFG doesn't go ahead, according to analyst research. On Monday SFG Australia said that it had presented WHK Group's board with a non-biding proposal ...|
|Representative group The Association of Superannuation Funds of Australia today said that Superpartners chief executive Peter McNeil would join its board. McNeil has agreed to fill the vacancy for a service provider representative left by Peter Beck ...|
|Listed fund manager Perpetual's share price has nearly doubled in less than five months, as the one-year anniversary of serious changes made at the company draws closer. This morning Perpetual shares cost $40.89, just shy of a 100% improvement after ...|
|Most people surveyed for research released yesterday by Mercer had never heard of the Gillard Government's Stronger Super or MySuper reforms. As the superannuation sector comes to grips with the changes that have overhauled the industry, Mercer's Superannuation ...|
|Australia's corporate watchdog has taken action against two liquidators in separate cases. The Australian Securities & Investments Commission (ASIC) yesterday said that it had accepted an enforceable undertaking from Sydney liquidator Ian Struthers ...|
|Demand for Australian bonds has grown stronger after ratings agency Moody's downgraded Britain's credit rating, leaving global investors with one less top-rated economy. Moody's downgraded Britain's credit rating to AA1 from AAA, with Australia now ...|
|SFG Australia has proposed a merger with rival WHK Group, days after it announced that wealth manager Lachlan Partners would be integrated into the company. After discussions began in October 2012, SFG Australia this morning said that a non-binding ...|
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Allowing more members in SMSFs is unlikely to spur their establishment rates, according to a submission by University of Sydney's Susan Thorp.
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One of Japan's largest providers of shareholder services has admitted to a major operational blunder, after it failed to count 3.4 million postal votes for nearly 1000 companies ahead of their annual general meetings.
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BetaShares' Nasdaq 100 ETF exceeded $1 billion in assets under management at the end of August, a net increase of more than $500 million since the outset of the year.
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Robeco announced it will now exclude investments in thermal coal, oil sands and Arctic drilling from all its mutual funds.
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