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22 August 2011 • By Vishal Teckchandani • 1 min read

CFS switches global equities benchmark

Colonial First State (CFS) has changed the benchmark for its $3 billion multi-manager global equities funds from the MSCI World Index to the MSCI All ...

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Judge queries equality of compensation

Judge in Astarra case questions compensation framework.The judge who sent former Astarra Asset Management (AAM) director Shawn Richard to jail has ...

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Time running out

The struggles for Australia's financial services sector in dealing with federal government reform are far from over.Despite members of the risk ...

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The fortunes of platforms amid reform

Australia's financial services industry has spent the past 12 months with government reform hanging over it. As the weeks count down until the spring ...

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Draft FOFA legislation to be split in two

The FPA policy general manager has claimed FOFA draft legislation will be released in two packages.The federal government will release the draft ...

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DKN execs offered retention packages

Senior executives of DKN stand to benefit financially in the event the acquisition with IOOF is successful.IOOF Holdings (IOOF) has agreed to make ...

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ANZ sees deposits moving to wealth products

Growth in retail and wealth divisions helped lift ANZ profit 16pc over nine months to 30 June.ANZ Bank expects to convert customer deposits to ...

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Reverse mortgage industry warns on over-regulation

Reverse mortgage legislation should not overburden industry, industry participants say.Commonwealth Bank of Australia (CBA) has warned against ...

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Advisers must boost value proposition

With the FOFA reforms coming, advisers will need to do more to add value to clients, according to Core Equity Services.Planners should consider ...

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Retail funds improve satisfaction levels

Retail funds have seen their satisfaction ratings pick up over the last half year, the latest research shows.The latest Roy Morgan Research ...

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