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Showing 10101 - 10110 of 10717 results for "May 1997"

Unregistered investment scheme shut down

The Federal Court has granted orders allowing ASIC to appoint a liquidator to wind up an unregistered managed investment scheme promoted by George Peat. Peat promoted the scheme largely to clients of his mortgage broking business Wise Finance. The scheme ...

Choice of fund onus lies with consumer

Individuals may have 90 per cent of influence over investment outcomes leaving the rest of the of the investment industry as bit players once choice of fund regime comes into effect. Speaking at the ASFA lunch attended by 250 industry practitioners ...

Study finds divorce significantly impacts wealth creation

AMP and the National Centre for Social and Economic Modelling (NATSEM) have put together a research report revealing divorce has considerable financial consequences on the parties involved, affecting not only disposable income but also longer term wealth ...

ASIC acts against wealth management promoter

ASIC has taken action against Jamie McIntyre and his company 21st Century Academy Pty Ltd preventing them from promoting any further wealth creation schemes. 21st Century Academy specialises in conducting wealth creation seminars, DVD and compact disc ...

Macquarie Fortress Notes gets Zenith 'recommended' rating

Zenith Investment Partners has awarded Macquarie Fortress Notes a 'recommended' rating believing the product offers investors an opportunity to receive a consistent return above cash while preserving their capital. The notes use local client's funds ...

NAB to use Coad to oversee markets

National Australia Bank (NAB) has appointed Peter Coad as general manager of the markets divisions to replace Jeff Mitchell who has decided to take a yearlong career break from the bank. Coad has an extensive local and overseas international capital ...

NAB trims UK workforce by 1,700

The National Australia Bank will cut 1,700 jobs, or 15 per cent of its UK workforce, over the next 12 to 18 months as the bank moves to 'rebuild, revitalise and grow' its banking operation in the UK. The bank is booking a provision of $266 million to ...

Millennium boosted by three-way merger

Millennium Financial Services has joined forces with Walker Laanemaa Chartered Accountants, and Danebury Financial Group to become the WLM Financial Group. The new business will consist of two arms WLM Financial Services and WLM Partners - Chartered ...

Morningstar launches next phase of its Adviser workstation platform

Morningstar has launched the next module of the Adviser workstation research and portfolio management platform - Clients and Portfolios. Clients & Portfolios module will provide advisers more efficient and in depth analysis of client portfolio management ...

van Eyk revamps Blueprint's international managers

van Eyk has made changes to its Blueprint international manager line up adding the Macquarie Walter Scott Global Equity fund and dropping the Wellington Global Research Equity portfolio following its recent downgrade of the investment manager. In line ...