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11 June 2013 • By Reporter • 1 min read

Nikko AM to separate chair and CEO

Nikko Asset Management (Nikko AM)  will separate the role of chairman and chief executive at its next general shareholder’s meeting. At the ...

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Equity Trustees appoints Aussie equities head

Equity Trustees has appointed Paul Kasian as its new head of Australian Equities. Dr Kasian, who has 25 years’ experience in the industry, makes ...

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Planners hit back over accountant ‘scaremongering’

 Lobbying around the changes to the Tax Agent Services Act (TASA) has exposed a rift between the accounting and financial planning professions

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ASFA takes issue with ‘deficient’ DB calculations

The Association of Superannuation Funds of Australia (ASFA) has recommended Treasury change how it determines defined benefit (DB) contributions, ...

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ASIC commences Wellington action

The Australian Securities and Investments Commission (ASIC) has commenced Federal Court proceedings against Wellington Capital, following its ...

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Government consults on unclaimed super strategy

The government has released a discussion paper asking for feedback on its plans to raise the threshold at which inactive super accounts are sent to ...

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Product ratings do not signify comparative risk

Similar ratings do not always mean similar risk profiles for financial services products, according to an industry lawyer. Townsends Business & ...

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Credit Suisse targets foreign investors with SIV offering

Credit Suisse Private Banking has launched two new investment portfolios specifically developed for individuals applying for a Significant Investor ...

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APRA finalises super fund reporting standards

The Australian Prudential Regulation Authority (APRA) has finalised 32 of the reporting standards for APRA-regulated superannuation funds

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Financial advice takes political centre-stage

Regulation of financial advisers was the subject of heated debate in the Australian parliament yesterday, as the government reluctantly heeded the ...

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