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Showing 1411 - 1420 of 1729 results for "Provisio"

ASIC reviews prospectus disclosure of CRAs

MICHELLE BALTAZAR  |  FRIDAY, 11 SEP 2009
ASIC has released a discussion paper that proposes strict conditions on how credit ratings should be reported in prospectuses in an attempt to enhance protection to retail investors. "ASIC is seeking public comment on whether to withdraw current class ...

Evans and Partners signs on to IRESS

COMPANY RELEASE  |  FRIDAY, 11 SEP 2009
Evans and Partners, a Melbourne-based investment advisory firm, has gone live with the full range of integrated IRESS products. Together, IRESS and Evans and Partners implemented the change of technology over a period of eight weeks. Within the integrated ...

ASIC slaps six year ban for MIS fraud

ASIC RELEASE  |  MONDAY, 24 AUG 2009
Mum-and-dad investors in South Australia have been caught out in a $15.2 million fraud carried out by yet another finance company operating without a financial services licence. ASIC has banned Jonathan Peter West, of Athelstone, South Australia from ...

Market Wrap - Midday

AAP  |  TUESDAY, 18 AUG 2009
The Australian sharemarket was in the red at noon with the mining sector weighing on the local bourse and following a weak lead from Wall Street. At 1200 AEST, the benchmark S&P/ASX200 was down 7.4 points, or 0.17 per cent, at 4381, while the broader ...

Planner remuneration disclosure isn't working: ASIC

ALEX DUNNIN  |  TUESDAY, 18 AUG 2009
The campaign to fix perceptions of adviser conflicts of interest has escalated into total war following ASIC's 184 page submission to the Ripoll Inquiry that asks the government to consider whether any form of remuneration from product manufacturers ...

Funds resist SG "me too" pension scheme

MICHELLE BALTAZAR  |  WEDNESDAY, 12 AUG 2009
Majority of pension funds in the UK and Europe said that a contribution rate of 8 per cent on a proposed national pension scheme will not really help workers in the low to middle income groups, a new survey found. The Penrose Financial survey conducted ...

September mourn

BENJAMIN ONG  |  TUESDAY, 11 AUG 2009
Zap!...Ka-pow!...Thwap!...Sprunch! The dead cat bouncers hit back! 'Twas only yesterday I was pondering the timing of when the bouncing dead cat would hit the ground again. For as adamant as the dead cat bounce camp is that the deceased feline will ...

Gen insurance posts 61pc fall in NPAT

MICHAEL HOBBS  |  MONDAY, 10 AUG 2009
APRA-regulated general insurance companies suffered a total 61 per cent drop in net profit after tax to $2.1 billion due to higher claim costs and lower interest rates last year although the industry's total assets rose 0.7 per cent to $92.7 billion ...

ASIC approves Opes Prime settlement

ASIC RELEASE  |  WEDNESDAY, 5 AUG 2009
ASIC has welcomed yesterday's court approval of the creditors Schemes of Arrangement that will oblige ANZ and Merrill Lynch to pay $226 million to Opes Prime clients. According to a media statement by ASIC, the schemes oblige ANZ and Merrill Lynch to ...

Media Super hires ING as insurer

COMPANY RELEASE  |  THURSDAY, 23 JUL 2009
Media Super has appointed ING Life as its new insurer for death and total and permanent disability insurance cover, and its income protection cover. The appointment follows a six-month intensive tender process. Media Super, an industry super fund with ...