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Showing 1771 - 1780 of 3553 results for "October 2002"

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 23 NOV 2016
US existing home sales Are American homebuyers front-running the expected increase in the fed funds rate next month? Existing home sales jumped by 2.0% to a seasonally adjusted annualised rate of 5.6 million units in October. This is the highest level ...

Super assets up despite contributions dip

JAMIE WILLIAMSON  |  TUESDAY, 22 NOV 2016
Total assets in superannuation have grown 7.4% in the last 12 months, despite total contributions dipping 1.5%. According to APRA's Quarterly Superannuation Performance report, at the close of the September 2016 quarter assets totaled $2.1 trillion ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 22 NOV 2016
... down from 497.6 billion in September and less than the expected ¥615 billion. Exports dropped by 10.3% in the year to October -- the 13th straight month of decline and worse than market expectations for an 8.6% contraction. Imports decreased by 16.5% ...

Former Sentinel adviser slapped with ban

KERRIE SYDEE  |  THURSDAY, 17 NOV 2016
ASIC has banned a financial adviser and former authorised representation of Sentinel Private Wealth from providing financial services for five years. Stephen Beckton, who was a representative of Sentinel from September 2013 to October 2015, was banned ...

CommSec pays $200,000 penalty

KERRIE SYDEE  |  WEDNESDAY, 16 NOV 2016
CommSec has paid a $200,000 infringement notice penalty after failing to apply a holder record lock to the accounts of a deceased client and entering into unauthorised market transactions following the client's death. The Markets Disciplinary Panel ...

Former adviser receives jail sentence

KERRIE SYDEE  |  WEDNESDAY, 16 NOV 2016
A former financial adviser was sentenced to seven years imprisonment following charges brought by ASIC. Darren Wise, formerly of Rhodes New South Wales, pleaded guilty to one count each of forgery and using forged documents fraud. Wise will be eligible ...

SMSF auditor's appeal upheld

DARREN SNYDER  |  TUESDAY, 15 NOV 2016
The Administrative Appeals Tribunal has overturned an ASIC decision to disqualify an SMSF auditor. In October 2015, Manoj Abichandani was disqualified as an SMSF auditor following allegations from ASIC that he tried to mislead the regulator with untruthful ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 15 NOV 2016
Japan GDP Preliminary estimates of Japan's third quarter economy provided a positive surprise. Japanese real GDP growth accelerated to a quarterly rate of 0.5% in the three months to September from 0.2% in the June quarter and more than double market ...

Company director jailed after mishandling funds

KERRIE SYDEE  |  MONDAY, 14 NOV 2016
A former Gold Coast company director has been jailed for four years after he pleaded guilty to mishandling millions of dollars of company funds. Frederick Hansen pleaded guilty in the Southport District Court to two counts of dishonestly using his position ...

Equities specialist to CFSGAM

JAMIE WILLIAMSON  |  MONDAY, 14 NOV 2016
Colonial First State Global Asset Management has appointed a new investment director. Richard Cahill joined the firm's investment specialist team in October and is a former principal and researcher of equity fund managers at Mercer Investment Consulting. ...