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19 June 2013 • By Reporter • 1 min read

Nikko AM appoints chief legal officer

Nikko Asset Management has appointed a chief legal officer (CLO) to be responsible for all legal functions globally at Nikko AM. The parent company ...

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Government legislates to fix ECT nightmare

The government has announced it will today introduce legislation to repair the harsh excess contributions tax (ECT) regime. The move was outlined ...

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Industry funds short on understanding members’ behaviour

Industry funds do not currently have a deep enough understanding of their membership base to compete in an increasingly retail world, according to one ...

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ClearView forecasts profit, boosts adviser numbers

Less than one year after being acquired by CCP BidCo, ClearView Wealth has projected an underlying net profit of between $15 million and $16 million ...

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Retail insurance not picking up super slack

The retail life insurance market will not be the growth saviour for super funds, with the sector facing plenty of headwinds of its own, according to ...

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ASIC rejigs market integrity rules

The corporate regulator has rejigged its proposed rules relating to dark liquidity and high-frequency trading. Guidance about the final market ...

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Annuity sales set to approach 2004 highs

Challenger projects sales of lifetime annuities for the 2013 financial year will approach the peak experienced in 2004 – the last year the assets test ...

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Global REITS expected to return to favour

Fund flows into global listed property remain subdued, but the sector is expected to return to favour, according to SQM Research. Speaking to ...

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No TASA joy for planners from PJC

A parliamentary joint committee (PJC) has recommended Tax Agent Services Act (TASA) changes be reintroduced to parliament and passed with only slight ...

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Exclude intra-fund advice from TASA, say industry funds

The industry fund sector has warned against so-called “scope creep”, which could see providers of intra-fund advice caught up in the Tax Agent ...

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