TRUSTEE
Financial planning
The directors of Permanent Trustees Company and the Trust Company of Australia have announced they have agreed to a merger of the two groups creating a single entity with...
Editorial
Beacon Financial Services has lost up to $9 million since June 30 this year as a result of an expensive strategy to exit completely the underperforming derivative positio...
Financial planning
A former securities representative has been banned for life from the securities industry by the Australian Securities and Investments Commission (ASIC) for transferring c...
Superannuation
GIVEN the extremely strong growth in numbers and assets held in DIY superannuation funds, particularly self-managed superannuation funds (SMSF), it is surprising that so ...
Financial planning
Tower Limited will sell its personal and corporate trustee business as part of an ongoing restructure of the group which began in December of last year....
Accounting
Two Melbourne based accountants have been permanently banned from managing corporations after the Australian Securities and Investment Commission (ASIC) alleged they misu...
Financial planning
Tower Financial Services will merge the distribution arms of its life investments and trustee (portfolio management) operations into one group from today....
Financial planning
Asgard has introduced a number of measures aimed at motivating advisers to have a closer look at its new wrap service, the eWRAP....
Financial planning
Australian self managed superannuation fund (SMSF) trustees who have fail to lodge regulatory returns for two or more years could face possible fund closures or legal act...
Editorial
The Financial Services Reform Act (FSRA) looks set to result in further compliance and legislative costs to superannuation funds offering member investment choice, warns ...
Financial planning
The Deakin Financial Services Group is on the hunt for nearly 100 further planners and will set up its own master trust and front end software systems after a marathon me...
Financial planning
Small superannuation funds that lost money as a result of the collapse of the Commercial Nominees of Australia (CNA) trustee group will have up to 90 per cent of the loss...
Superannuation
What are the differences between self-managed super funds, small APRA funds and a master trust, and what type of clients suit them? KATE KACHOR reports on what to look ou...
Financial planning
One of Australia’s largest master trusts, Asgard, has dumped 16 funds offered by nine different fund managers from its investment menu as part of its latest revamp of the...
Financial planning
When you’re on a good thing, stick to it. JOHN WILKINSON spoke to State Trustees’ new managing director Libby Lomas....
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Podcast
The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...
Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...
It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...