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Showing 1921 - 1930 of 2961 results for "August 2010"

BT overcharged customers, refunds $2.3m

LAURA MILLAN  |  TUESDAY, 2 JUL 2013
BT Financial Group is refunding Wrap and SuperWrap customers that paid adviser fees in excess of disclosed percentage rates. The company is 80% of the way through the review and has already refunded $2.3 million to its investors and 1,890 of them have ...

Market Wrap AM

AAP  |  TUESDAY, 2 JUL 2013
After sharp falls in its previous session, the Australian market looks set to open flat following gains on US and European bourses on encouraging manufacturing data out of Europe. At 0813 AEST on Tuesday, the September share price index futures contract ...

Storm founders will face trial

LAURA MILLAN  |  MONDAY, 1 JUL 2013
Storm Financial founders Emmanuel and Julie Cassimatis are set to face trial after the Federal Court decided to dismiss their application for a summary dismissal of the case. The Australian Securities and Investments Commission (ASIC) will pursue its ...

WHK renames to Crowe Horwath

LAURA MILLAN  |  FRIDAY, 28 JUN 2013
WHK Group shareholders have decided to change the company's name to Crowe Horwath Australasia. The shareholders approved the resolution at the last annual general meeting in October 2012 and they asked the board to make it effective before July 31 ...

FSC Conference kicks off July 31

MARK SMITH  |  THURSDAY, 27 JUN 2013
The Financial Services Council (FSC) will be holding its annual conference at the Brisbane Convention and Exhibition Centre from July 31 - August 2. Shadow Minister for Superannuation and Financial Services Mathias Cormann and FSC chief executive John ...

Morphic receives Lonsec approval

MARK SMITH  |  WEDNESDAY, 26 JUN 2013
The Morphic Global Opportunities Fund (MGOF) has been awarded an 'Investment Grade' rating from Lonsec. Launched 10 months ago by two former Hunter Hall investment managers, Jack Lowsenstein and Chad Slater, the fund now has $30 million under management ...

Centrepoint set to complete full AAP acquisition

LAURA MILLAN  |  WEDNESDAY, 26 JUN 2013
Centrepoint Alliance Limited is set to complete a full acquisition of Associated Advisory Practices Group (AAP) and Associated Advisory Practices Group Number 2 (AAP2). Centrepoint currently owns 55% of AAP, which has over 160 independently owned boutique ...

The great unwind

BENJAMIN ONG  |  FRIDAY, 21 JUN 2013
"...And then I go and spoil it all by sayin' something stupid like 'we'll taper soon'." Sorry to spoil your immortal classic Frank (Sinatra) but "I love you" just doesn't apply to Ben Bernanke right now. Not with the trashing the equity markets, the ...

ClearView advisers up by 45%

LAURA MILLAN  |  WEDNESDAY, 19 JUN 2013
ClearView Wealth has increased the number of authorised financial advice representatives by 45% and boosted its in-force life insurance premiums over the last year. The dealer group went from 70 advisers in June 30, 2012, to 102 in May 31, 2013, according ...

ASIC relaxes HFT and dark pool proposals

MARK SMITH  |  TUESDAY, 18 JUN 2013
The Australian Securities and Investments Commission (ASIC) has relaxed parts of its proposed rule changes for dark pools and high-frequency trading (HFT) after extensive consultation with the industry. ASIC will not go ahead with proposals to rest ...