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Showing 1961 - 1970 of 3273 results for "Associate"

ASIC cracks down on advisers over PI insurance

LAURA MILLAN  |  THURSDAY, 7 AUG 2014
The Australian Securities and Investments Commission (ASIC) has cancelled seven Australian financial services (AFS) licenses that did not comply with professional indemnity (PI) insurance obligations. The review targeted licensees which had not requested ...

Legg Mason acquires UK global equity manager

MARK SMITH  |  FRIDAY, 25 JUL 2014
Baltimore-based asset manager Legg Mason has acquired UK international equity manager Martin Currie. With offices in six locations, the addition of Edinburgh-based business (with presence in Australia) expands Legg Mason's capabilities in active global ...

ASIC obtains court orders against former Ballast adviser

LAURA MILLAN  |  THURSDAY, 24 JUL 2014
The Federal Court in Perth has issued orders to restrain a former Ballast Financial Management authorised representative from providing financial advice and dealing in financial products. The Australian Securities and Investments Commission (ASIC) obtained ...

ASIC cancels 8 AFSLs after review

LAURA MILLAN  |  TUESDAY, 22 JUL 2014
Eight advice businesses have had their Australian financial services (AFS) licenses cancelled after an Australian Securities and Investments Commission (ASIC) review into licensees that failed to lodge audited annual statement. The review has resulted ...

Senate saves the LISC

JAMES FERNYHOUGH  |  MONDAY, 21 JUL 2014
The low income superannuation contribution (LISC) scheme has been saved after the Senate blocked the repeal of measures related to the mining tax. The LISC, which was a spending measure associated with the Minerals Resource Rent Tax, was saved after ...

PIMCO names new head of Asia Pacific

STAFF WRITER  |  WEDNESDAY, 16 JUL 2014
... PIMCO in 2003, he worked as a financial analyst in the investment banking division at Salomon Brothers and was also an associate at Jupiter Partners, a private equity firm. He has 17 years of investment experience and holds an MBA from Harvard Business ...

Hedge funds risk collapse without middle office upgrades

MARK SMITH  |  WEDNESDAY, 16 JUL 2014
Hedge funds are under increasing pressure to beef up their middle office operations as result of increased institutional investor scrutiny of manager reporting and disclosure standards, according to global post-trade technology provider Omgeo. Hedge ...

FoFA disallowance vote will save "millions"

ALICE URIBE  |  TUESDAY, 15 JUL 2014
The government's deal with the Palmer United Party (PUP) to retain the Future of Financial Advice (FoFA) legislation will save the financial services industry millions of dollars according the Financial Planning Association (FPA). Commenting on the ...

Sustaining confidence in the Australian financial system: Murray

DAVID MURRAY  |  TUESDAY, 15 JUL 2014
Financial System Inquiry (FSI) chairman David Murray spoke at the National Press Club following the release of the FSI interim report. "Thank you to the National Press Club for the interest you have shown in today's release of the interim report of ...

Frantic pace of alternatives growth revealed

MARK SMITH  |  TUESDAY, 15 JUL 2014
Towers Watson has described the growth of alternative assets as 'inexorable' following the release of its latest report on the sector. The Global Alternatives Survey, which was conducted in conjunction with the Financial Times, total global alternative ...