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Showing 1231 - 1240 of 1332 results for "AFFECTED"

SEC hits fraudulent insurer with $790m penalty

... distribution fund administered by the SEC to compensate those who lost money from the fraud. SEC said the misconduct affected more than 50 mutual funds and occured from at least September 1999 through to June 2003. The insurer will also pay a US$325 ...

Household finances in good shape: RBA

... the financial services industry, particularly dramatic shifts happening in the sector and how Australian households are affected. "I am sure that nobody here will be surprised to hear me say that tremendous structural change has been taking place in ...

ASIC defends AMP FP action

KATE HAGE  |  THURSDAY, 3 AUG 2006
... yesterday, flagging an increased use of such procedures in the future. "You need to ask what's the best outcome for those affected," said Lucy, adding that dragging the matter through the courts could delay any compensation by up to two years. Opening ...

Borrowers in trouble after rate hike

... said that those who have mortgage related debt, particularly in Sydney, Melbourne and Brisbane, will be the ones most affected. "For home owners living in Australia's major capital cities and carrying an average mortgage of around $250,000, the 0.25 ...

AMP caught on conflicts

KATE HAGE  |  THURSDAY, 27 JUL 2006
... have already started to make the necessary changes." Which, under the enfoceable undertaking, include writing to all affected clients offering to review and redo their advice and, if necessary, refunding adviser fees and any exit or entry fees charged ...

Staff churn afflicts underperforming small cap sector

KATE HAGE  |  TUESDAY, 25 JUL 2006
Staff churn affected one-quarter of Australian small cap managers. This at a time when the sector notably underperformed could help drive down the ratings of 25 per cent of all S&P rated managers. In its latest sector update released today S&P found ...

Market wrap

AAP  |  TUESDAY, 18 JUL 2006
... share market could open slightly stronger after blue-chip stocks on Wall Street rose marginally but a drop in oil prices affected energy stocks overnight. On the Sydney Futures Exchange, the September share price index contract was down 16 points to ...

MISs distort agribusiness sector: McGauran

HAMISH MADDEN  |  TUESDAY, 4 JUL 2006
... the style of investing was a concern where the motivation was tax-efficiency and not profit and where their activities affected legitimate agribusiness operators. "When they start going into wine grapes and citrus and avocados where there is well-established ...

Active managing pays during market correction: Mercer

... them in the past - but they would be coming back this month." As to whether the performance of the fund managers has affected Mercer's multi-manager strategy, Russell Clarke, chief investment officer at Mercer Global Investments, said, "No, it hasn't. ...

All is fair in love and bankruptcy

Small business mums and dads will be the worst affected by the new bankruptcy rule that allows bankruptcy trustees to take away the family home even if only one spouse goes bankrupt, regardless of who paid what for the property. Geoff McDonald, barrister ...