George Liondis

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Financial planning

7 September 2005

Australia chastised for lack of true performance figures

The global chief executive of index manager Vanguard has admonished Australian fund managers for a culture of high fees and a lack of transparency in the reporting of per...

Financial planning

7 September 2005

Industry funds to refer ad criticism to ASIC

Industry Fund Services has said it will refer to ASIC an analysis by Chant West Financial Services questioning the validity of claims made by industry funds in an adverti...

Financial planning

7 September 2005

Industry should boost security – police commissioner

The financial services industry has an important role to play in strengthening Australia’s national security, according to Federal Police Commissioner Mick Keelty....

Financial planning

7 September 2005

Fines proposed for recalcitrant managers

A little known financial services group has started a petition calling for fund managers to be hit with cash penalties for failing to release clients’ superannuation with...

Financial planning

7 September 2005

Industry funds winning choice battle

Fewer people are willing to change superannuation funds now than before the introduction of choice, but almost one in four of those who do switch appear headed for an ind...

Financial planning

7 September 2005

Portfolio Partners loses super mandate

In what represents the first fall-out resulting from a recent senior departure from Portfolio Partners, Asset Super has decided to move its $28.2 million Australian equit...

Funds management

7 September 2005

Reputation of fund managers at risk

The Australian funds management industry is continuing to experience good growth, but fund managers are going to have to do more to win the trust of investors, according ...

Funds management

7 September 2005

No direct property for Future Fund

The Federal Government has sought to assure fund managers that it will play a largely hands-off role in the investment decisions of its $16 billion Future Fund, but has a...

Financial planning

7 September 2005

Free advice: Banks call for Govt rebate

Consumers would receive a rebate to help pay for financial advice on superannuation under a proposal that has been put to the Federal Government by a key banking lobby gr...

Financial planning

5 September 2005

Industry fund in hot water over super projections

An industry fund which claimed its members would be more than $200,000 better off than those in retail super funds has agreed to an enforceable undertaking after concerns...