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Showing 1231 - 1240 of 4430 results for "Poor"

Market wrap

AAP  |  THURSDAY, 28 AUG 2014
Australian stocks are headed for a weaker finish, with investors unwilling to maintain the recent run of rising prices amid a range of headwinds. Worries about Europe's poorly performing economies and whether or not central bank stimulus will be announced ...

Annuities not right for default pensions: Rice Warner

JAMES FERNYHOUGH  |  WEDNESDAY, 27 AUG 2014
... security costs," adding: "It's not the solution." He also said that annuities are not attractive because they are invested in "poor assets." However, he said annuities are "quite valid as a choice product." A spokesperson for Challenger countered Rice's ...

CBA looks for plaintiffs to assist in remediation process

LAURA MILLAN  |  MONDAY, 25 AUG 2014
... plaintiff law firms that will act as independent consumer advocates in the Open Advice Review program to compensate victims of poor financial advice. CBA is expecting to announce the law firms appointed in the coming weeks. In the meantime, the bank ...

Countplus misses profit guidance

ALICE URIBE  |  THURSDAY, 21 AUG 2014
... Countplus failed to achieve its profit guidance, revealing a 1.7% drop in its net profit after tax (NPAT) due to the sale of a poor performing business and the restructure of another. In its full year 2014 results announcement to the ASX, Countplus revealed ...

Market wrap

AAP  |  WEDNESDAY, 20 AUG 2014
... that impact. "It's been a bit of an up and down session but we're certainly hanging in there," Mr Le Brun said. "We've had a poor share price reaction to the BHP result so that has knocked the wind out of our sails." "It is a case of what could have ...

Greens slam CBA executives pay rise

LAURA MILLAN  |  TUESDAY, 19 AUG 2014
... executives should have frozen their salaries or even taken a pay cut while the compensation process for thousands of victims of poor financial advice remains ongoing, Greens Senator Peter Wish-Wilson said. "It is not a good look to be increasing your ...

Macquarie forced to contact all advice clients for remediation

LAURA MILLAN  |  FRIDAY, 15 AUG 2014
... classified as] high risk, they're not likely to be there anymore," he said. Kell would not give examples of the cases of poor compliance or improper advice at MPW detected by ASIC. But he did say that MPW's record keeping was "extremely poor" and added ...

Market Wrap AM

AAP  |  FRIDAY, 15 AUG 2014
... applications for unemployment aid climbed 21,000 to a seasonally adjusted 311,000. LONDON - European stock markets have risen after poor German and French growth data fuelled speculation the European Central Bank would roll out stimulus measures. Frankfurt's ...

CBA dismisses Murray's concerns over vertical integration

LAURA MILLAN  |  THURSDAY, 14 AUG 2014
... that no matter how you're dealing with a customer, you are dealing in their best interest." He referred to recent cases of poor financial advice, which have forced CBA to set up a compensation program that goes back to advice provided in 2003. "If we ...

CBA posts record profit, strong wealth management growth

LAURA MILLAN  |  WEDNESDAY, 13 AUG 2014
... net profit after tax was $692 million, excluding property, and up 17% since June 2013. The growth was despite the cases of poor advice and adviser misbehaviour within CBA's financial planning units, which were unveiled by media reports and a sweeping ...