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22 October 2013 • By • 1 min read

Hedge fund managers shoulder cost of change

Hedge fund managers globally are absorbing the cost of implementing new global regulatory requirements rather than passing those on to investors or ...

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Strong super growth continues in first quarter

The strong returns for super funds in the 2012/2013 financial year have continued into the first quarter of the new year, with the median growth fund ...

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Centrepoint Alliance CFO resigns

Centrepoint Alliance chief financial officer and company secretary Ian Magee has resigned effective 1 November 2013. The roles will be assumed by ...

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FOFA not a ‘fix-all’, says FOS

The ‘best interests’ duty only represents a marginal improvement to the existing obligations of financial advisers, says FOS ombudsman Alison Maynard ...

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Days numbered for limited SMSF advice

The take-up of limited SMSF licences is likely to be quite conservative given the requirement of each fund to have a risk strategy in place, says ...

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Industry Super cautions against SMSFs

Industry Super Australia (ISA) says self-managed super funds (SMSFs) contain “hidden traps” and investors should ensure they have two hours per week ...

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Magellan remains ‘scalable’ despite huge growth

Despite an $11 billion increase in funds under management and a three and half fold increase in underlying profit, the Magellan financial group ...

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Challenger continues strong annuities growth

Challenger has reported a 31 per cent increase in assets and funds under management in the 12 months leading up to September 30, bringing the total to ...

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Perpetual welcomes Trust Company scheme lodgement

A proposed acquisition of The Trust Company by Perpetual became a step closer to reality last week with the lodgement of the Scheme Booklet, following ...

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Global planning bodies to regain regulator’s trust

The international Financial Planning Standards Board (FPSB) will use its position as a member of the global regulator’s club to restore faith in the ...

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