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Showing 1821 - 1830 of 2961 results for "August 2010"

ASIC cancels two more AFSL licences

LAURA MILLAN  |  MONDAY, 28 APR 2014
The Australian Securities and Investments Commission (ASIC) has cancelled the Australian financial services licence (AFSL) of a Parramatta insurance broker and of Banksia Mortgages. The Parramatta-based WD Gelle Insurance & Finance Brokers' licence ...

AMP fund downgraded following key staff departure

LAURA MILLAN  |  TUESDAY, 15 APR 2014
AMP Capital Property Securities Fund in London has been downgraded by SQM Research, following the departure of AMP's deputy head of global listed real estate Tom Walker. SQM Research downgraded the AMP fund from a rating of 4.25 stars to 4.0 stars. ...

Cbus to launch 'self-managed' product

JAMES FERNYHOUGH  |  MONDAY, 14 APR 2014
Industry fund Cbus will launch a member direct investment (MDI) option in mid-2014, following the lead of a number of other industry funds seeking to stem the flow to self-managed super funds (SMSFs). Referring to the new option as a 'self-managed product' ...

Wilson HTM confirms managing director appointment

LAURA MILLAN  |  MONDAY, 14 APR 2014
Wilson HTM Investment Group has appointed a managing director after Andrew Coppin resigned in July 2013. Former acting chief executive officer Sandy Grant was appointed managing director, as foreshadowed during the shareholders' annual A general meeting ...

A 1987-style crash cometh (again)

BENJAMIN ONG  |  MONDAY, 14 APR 2014
The Johnny Littles of the financial market world are once more coming out of the woodworks, proclaiming that, "A crash is coming, a crash is coming"! They point to the biotech and social media stocks that are fast running out of puff that could produce ...

Incoming NAB CEO to look at "legacy issues"

ALICE URIBE  |  THURSDAY, 3 APR 2014
Incoming National Australian Bank (NAB) chief executiveA and managing director Andrew Thorburn said that he will retain a core focus on the Australian and New Zealand franchises and will address the bank's ongoing legacy issues when he takes the reins ...

NAB CEO Clyne to retire

ALICE URIBE  |  THURSDAY, 3 APR 2014
National Australia Bank chief executive A and managing director Cameron Clyne is to step down from the bank in August this year, to be replaced by Bank of New Zealand boss Andrew Thorburn. Clyne said that the job had taken a personal toll and it was ...

Bottoms up

BENJAMIN ONG  |  WEDNESDAY, 12 MAR 2014
This week, this month, this year marked the fifth anniversary since US equities bottomed on 9 March 2009. The US subprime mortgage crisis that morphed into what is now termed as the global financial crisis sparked market volatility and heightened investor ...

Financial Adviser convicted of 'tombstoning': ASIC

HARRY PAGE  |  THURSDAY, 6 MAR 2014
The Australian Securities and Investments Commission (ASIC) has convicted Pavan Vyas for dishonest conduct after pleading guilty to 'tombstoning'. In August 2013, Vyas pleaded guilty to two charges of dishonest conduct after 'tombstoning', which involves ...

OneVue rules out further acquisitions in run up to IPO

ALICE URIBE  |  THURSDAY, 6 MAR 2014
OneVue chief executive Connie Mckeage has ruled out any more acquisitions as the wholesale SMSF solutions provider looks towards Easter for its much anticipated IPO. Mckeage said that despite OneVue "always looking for acquisitions" in the platform ...