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Showing 2381 - 2390 of 6696 results for "Securities"

Upfront commissions linked to bad advice

JAMES FERNYHOUGH  |  FRIDAY, 10 OCT 2014
... upfront commissions appear to be statistically more likely to provide non-compliant advice, according to the Australian Securities and Investments Commission (ASIC). While 80% of the risk advice examined in the study was paid for via upfront commissions ...

One third of risk advisers non-compliant, ASIC says

JAMES FERNYHOUGH  |  THURSDAY, 9 OCT 2014
... insurance must lift the quality of advice and ensure that the interests of their clients are given priority, the Australian Securities and Investments Commission (ASIC) has said. ASIC reviewed more than 200 advice files from large, medium and small Australian ...

Perpetual reveals details of first LIC

MARK SMITH  |  WEDNESDAY, 8 OCT 2014
... company is designed to deliver regular income and long-term capital growth through investment in both Australian listed securities and up to 25% global listed securities. Its structure also offers the flexibility to manage potential equity market risk ...

ANU divests seven companies, seeks equities manager

JAMES FERNYHOUGH  |  TUESDAY, 7 OCT 2014
... investment opportunities considered to be likely to cause substantial social injury" and "positively promote investment in securities, companies, trusts and other entities that support socially beneficial outcomes." ANU has felt significant pressure ...

Findex close to acquiring Crowe Howarth

MARK SMITH  |  TUESDAY, 7 OCT 2014
... with the terms of the scheme implementation agreement. The details of the agreement are available on the Australian Securities Exchange (ASX).

Accountant pays $10,000 fine for $100,000 fraud

LAURA MILLAN  |  FRIDAY, 3 OCT 2014
... after pleading guilty to one charge of fraudulently inducing the investor to deliver $100,000 to his company, Andean Securities. Lim held an Australian financial services licence (AFSL) from May 2010 until March 2013, when he voluntarily cancelled it ...

Super Mario dropkicks markets

BENJAMIN ONG  |  FRIDAY, 3 OCT 2014
... Bank (ECB) - when the bank announced that it would "purchase a broad portfolio of simple and transparent asset-backed securities... under an ABS purchase programme (ABSPP)" and "purchase a broad portfolio of euro-denominated covered bonds issued by MFIs ...

Poor advice forces changes to SMSF practice

LAURA MILLAN  |  THURSDAY, 2 OCT 2014
... poor advice to clients. Melbourne-based Interprac Financial Planning agreed to address concerns from the Australian Securities and Investments Commission (ASIC) by putting in place a number of changes. The new processes include appointing a compliance ...

ASIC suspends advice firm for three months

LAURA MILLAN  |  WEDNESDAY, 1 OCT 2014
The Australian Securities and Investments Commission (ASIC) has suspended a boutique financial planning practice for three months after it failed to comply with its compliance obligations. Protect Ensure, with offices in Brisbane and Sydney, has had ...

Misleading PDS costs NAB $10,200

LAURA MILLAN  |  WEDNESDAY, 1 OCT 2014
... product disclosure statement (PDS) has seen National Australia Bank (NAB) get a $10,200 penalty from the Australian Securities and Investments Commission (ASIC). The regulator was concerned that the PDS for the NAB Annuity Term Deposit to retail investors ...