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Showing 2031 - 2040 of 2422 results for "Rule"

IAG ups Malaysian stake

RUTH LIEW  |  WEDNESDAY, 3 DEC 2008
Insurance Australia Group (IAG) has increased its interest in Malaysian joint venture AmAssurance by nearly 15 per cent but is pulling out of the life insurance part of the business. IAG announced on 1 December that it had pumped up its stake in AmAssurance ...

HOST-PLUS drops five-day rule

MICHAEL HOBBS  |  TUESDAY, 2 DEC 2008
HOST-PLUS has removed the five-day investment switching rule so members can change investment options on the last day of the month and be moved into that strategy the next day. Previously HOST-PLUS members needed to submit any changes to their investment ...

You earn, I spend

BENJAMIN ONG  |  THURSDAY, 27 NOV 2008
Just about five years ago in late 2003, then Australian Federal Treasurer Peter Costello flagged the possibility of retiring the Commonwealth government debt and effectively shutting down the country's bond market. While markets had no argument against ...

Fin Simplicity upgrades tech

MICHAEL HOBBS  |  FRIDAY, 21 NOV 2008
Financial Simplicity upgraded Portfolio Express to allow financial planners to tailor client portfolios fast and share model portfolios. The improved Portfolio Express allows planners to create client model portfolios or asset allocations and then print ...

Clients come first: FPA

RUTH LIEW  |  THURSDAY, 20 NOV 2008
The Financial Planning Association of Australia has unveiled a new code of ethics that endeavours to place clients first in every aspect of a financial planning business. Jo-Anne Bloch, chief executive of the FPA, launched the new code at this morning's ...

Trader caught shorting despite ban

MICHELLE BALTAZAR  |  FRIDAY, 7 NOV 2008
A Victorian-based trader could face more than two years in jail when he shorted certain stocks despite the regulator's interim short selling ban. ASIC alleged that between 28 May and 24 October 2007, Giovanni Spagnolo of Northcote, Victoria sold shares ...

ASIC adjusts redemption rules to help pensioners

MICHELLE BALTAZAR  |  MONDAY, 3 NOV 2008
Financial watchdog ASIC said it may offer exemptions to existing government rules on 'frozen' mortgage funds that will allow mortgage fund operators to release funds to unitholders based on 'hardship grounds'. This relief will apply on a case-by-case ...

It's the war, stupid

BENJAMIN ONG  |  FRIDAY, 31 OCT 2008
In this current investment environment where fear reigns and uncertainty rules, it's the war that is lending a helping hand. The US Federal Reserve was unable to appease Wall Street yesterday with its 50 basis point reduction in the fed funds rate. ...

New rules for short selling

MICHAEL HOBBS  |  WEDNESDAY, 29 OCT 2008
Financial watchdog ASIC and the ASX have changed the disclosure rules on short selling, ahead of the expected lifting of the ban on shorting non-financial stocks next month. The disclosure and reporting requirements mean short selling activity on the ...

Mortgage trusts face crisis of confidence

MICHELLE BALTAZAR, MICHAEL HOBBS  |  FRIDAY, 24 OCT 2008
The fate of the country's $23 billion mortgage trust sector is in the hands of the more than 150,000 investors who now have to decide whether to stay put or bail out before more mortgage trusts freeze redemptions. The federal government's bank deposit ...