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Showing 2511 - 2520 of 2958 results for "August 2009"

SMSF trustee faces criminal charges

RUTH LIEW  |  WEDNESDAY, 6 AUG 2008
Castle Hill resident Atan Ona Kassongo has become the first SMSF trustee to be charged by ASIC for failing to maintain the fund in accordance with the sole purpose test. Kassongo, 51, was charged by the Australian Securities and Investments Commission ...

Life insurance made easy: AIG

RUTH LIEW  |  MONDAY, 4 AUG 2008
Wanted - 2,200 advisers looking to boost clients' life cover with only a signed declaration of good health as the solo underwriting requirement. AIG Life last week unveilled a six-week promotional campaign targeting 2,200 financial advisers to increase ...

Alternatives: shock absorbers of sub-prime

RUTH LIEW  |  FRIDAY, 1 AUG 2008
As markets turn from bad to worse, alternative investments have proven to be the keystone of solid returns when they turned into shock absorbers protecting investors from capital loss, said Select Asset Management. Since August last year, the sub-prime ...

BlackRock and Ralton join IMAP board

RUTH LIEW  |  FRIDAY, 1 AUG 2008
The Institute of Managed Accounts Providers (IMAP) has recruited BlackRock's Cormac Heffernan and Ralton Asset Management's Damian Holland to its board of directors. In an IMAP meeting held in Melbroune last week, Heffernan, head of BlackRock's SMA ...

AFA searches for Rising Star

MICHAEL HOBBS  |  WEDNESDAY, 23 JUL 2008
The race to become this year's Association of Financial Advisers (AFA) Rising Star award winner is on again, but planners must go above and beyond the normal day to day activity to win, according to last year's award winner, Chris Browne. The annual ...

Inflation outlook dim

BENJAMIN ONG  |  THURSDAY, 17 JUL 2008
Market Movers Overnight Soothing words from RBA Governor Glenn Stevens at the Anika Foundation Luncheon yesterday and declines in commodity prices overnight sent the Australian dollar down from a 25-year high of US$0.9784 to US$97.50. In his speech ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 9 JUL 2008
The Australian share market is expected to open higher today after US equities gained as the oil price fell and the Federal Reserve chairman indicated the central bank was likely to extend emergency loans to investment firms. Mining and energy stocks ...

Challenger recycles capital

WWW.THESHEET.COM  |  TUESDAY, 8 JUL 2008
Less than a year ago Challenger Financial Services Group raised more than $260 million from a couple of optimistic, offshore investors, one of whom paid what now looks like a fortune for nothing more than an option to buy shares in the company. Now ...

BNY Mellon taps distressed debt

RUTH LIEW  |  THURSDAY, 3 JUL 2008
Struggling telecommunication companies, bankrupt banks, airports under duress - the sub-prime crisis has increased the number of distressed debt companies, providing more opportunities for the Mellon Recovery Fund. Launched in August 2006, the Mellon ...

AXA planner profitability model delivers

A business planning model provided by AXA across its dealer group just under a year ago proved to be a winning formula helping planners who took it up to deliver six times more than those who opted out of the service. In August last year, AXA launched ...