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| | | ASIC has taken a court order against a Tasmanian-based company and director for providing financial training in futures contracts without the proper financial licence. The Federal Court of Australia, in Melbourne, made interim orders restraining Oxford ... |
| | | | CHOICE, the independent body representing consumers has thrown its support behind ASIC's proposed changes to professional indemnity (PI) insurance required by financial planners and other AFS licensees. Only this week, the Financial Industry Complaints ... |
| | | | As competition in Australian banking continues to intensify, ANZ bank is adopting new technologies in India to lead the pack, according to Mike Smith, ANZ's chief executive. Speaking at the Trans-Tasman Business Circle yesterday, Smith said in terms ... |
| | | | Consumers may be ill-informed about their insurance but a new service from MLC could give them more insight on the after-tax costs of getting insurance cover. MLC has launched Super Insurance Modeller, which enables advisers to contrast the after-tax ... |
| | | | Investors who lodge a complaint against their fund manager, financial planner or stockbroker can claim up to $150,000, up 50 per cent from the previous limit of $100,000 under a new policy by the Financial Industry Complaints Service (FICS). From 1 ... |
| | | | One in ten US retirees and pre-retirees are looking to change financial institutions at any one time based on costs or level of service they receive, according to research from Aite Group. US-based research firm Aite Group surveyed 505 people in the ... |
| | | | AMP's incoming chief executive Craig Dunn has outlined the company's strategy to expand planner numbers and improve admin support. Dunn, who replaces Andrew Mohl as AMP chief executive in January, said the financial planning industry has suffered a ... |
| | | | Apostle Asset Management has partnered with US-based Vaughan Nelson Investment Management to provide a specialist US small-mid cap value equity strategy opportunity for institutional investors. Dennis Alff, portfolio manager at Vaughan Nelson, said ... |
| | | | Watson Wyatt has appointed former Intech chief investment officer Hugh Dougherty to senior consultant. While at Intech, Dougherty was directly involved in capital markets research, investment manager research and portfolio management. Previoulsy, he ... |
| | | | Is water really an increasingly scarce commodity? Investment group Liontamer predicts that the shortage of fresh water in the future will drive the investment returns of listed companies that specialise in the 'blue gold' sector. Liontamer, majority ... |
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