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09 June 2010 • By Vishal Teckchandani • 1 min read

Russell removes 452, adds Perpetual

Russell's Australian Opportunities Fund has terminated a 20 per cent mandate with 452 Capital and hired Perpetual to take the spot.Fund manager ...

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PIS considers customised product approach

Dealer group PIS may consider using its agreement with CUA to customise its own banking products.Professional Investment Services (PIS) has not ruled ...

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Pedersen resigns from FPA board

Matrix director Rob Pedersen has lost confidence in the FPA board, leaving his post as a board member.Concerns over the focus, governance and decision ...

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Fewer consumers rejected by FOS

FOS is hearing more complaints from consumers since access to its services was increased.More consumers have been able to have their disputes heard by ...

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BlackRock/BGI merger shows strains

The merger between BlackRock and Barclays Global Investors is showing early strains, according to Standard & Poor's.The merger between BlackRock ...

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Australian Ethical appoints new CIO

Australian Ethical has chosen its head of research, James Jordan, to be the firm's chief investment officer.Fund manager Australian Ethical has ...

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Insurance through super loses appeal

The lowering of the concessional contribution caps is causing more Australians to maximise their super savings rather than pay for insurance through ...

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More principals sell less-profitable client books

Legislative changes are driving advisers to sell off their less profitable client books, according to a number of brokers.In light of pending ...

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Suncorp hires life risk executive manager

Suncorp Life has appointed Richard Bellis to the role of executive manager for life risk adviser solutions.Formerly Aviva distribution general ...

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Legg Mason launches yield strategy

Legg Mason Australian Equities has launched a new Australian equities yield strategy designed to deliver a sustainable and growing dividend stream ...

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