InvestorDaily news

Thu 17 May 2012

PJC lays Trio collapse blame on regulators

Report calls for deeper investigations

By Kate Kachor

A parliamentary committee has pointed fingers at ASIC and APRA over the lack of action taken in the lead-up to the collapse of Trio Capital.... read more »

FATCA can still be repealed: US expert

FATCA debate in US has only just started

By Wouter Klijn

FATCA is not set in stone just yet, a US regulatory specialist says.... read more »

Trio more troubling than Storm, Westpoint

Outcomes an industry issue

By Kate Kachor

The failure of Trio Capital has raised greater issues than those following the fall of Storm or Westpoint, an inquiry report has found.... read more »

UBS launches funds with MySuper in mind

Low-cost alternative

By Krystine Lumanta

UBS Global Asset Management launches two tactical funds designed in line with MySuper.... read more »

Small companies need to step up to 'big four'

Young planners and vertical integration are key

By Samantha Hodge

Competing against the 'big-four' players will require smaller financial services companies to focus on vertical integration and attracting young talent... read more »

ASFA confirms PDS start date

22 June 2012 is 'hard date'

By Samantha Hodge

ASFA settles confusion over shorter product disclosure statements by confirming 'hard date'.... read more »

Wed 16 May 2012

• FSC seeks FATCA exemptions
• Cost barrier too high for new advisers
• AAT ruling highlights EFT dangers
• Global equities now offering great value
• No advantage to fee slashing: Fiducian
• Greater education needed on advice codes

Tue 15 May 2012

• OnePath not for sale: ANZ
• ASIC returns guarded comments to PJC
• Short-termism narrows sustainability
• Stronger leadership to benefit economies
• OneVue partners with ASMA
• Fresh demand for global REITs
• FRC appoints new members

Mon 14 May 2012

• Challenger acquires stake in MIR
• APRA raises concerns over industry cuts
• Investors shy away from protected products
• FOFA hampers industry evolution
• FPA to drive up membership
• Tackle underinsurance online: Lifewise
• NAS wins JCP custody contract

Fri 11 May 2012

• Regulation costs could outweigh benefits: AMP
• Fund managers receptive to Aqua II
• NAB achieves solid wealth result
• Peter Daly to remain AFS chief
• Centro winds up property fund
• RBS Morgans advisers join Investorfirst

Thu 10 May 2012

• Planners not to blame for Trio: Richard
• Govt doubles MIT withholding rate
• Accountants biggest AFSL pricing losers
• ASIC releases mortgage fund guidelines
• Retirement costs hold firm
• Income protection needs bigger push
• Pressure on advice fees continues
• Liquidation of Westpoint entity stalls