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Showing 2571 - 2580 of 3265 results for "January 1"

Bad news is good news is bad

BENJAMIN ONG  |  MONDAY, 11 OCT 2010
When bad news... Those who've already done their weekend reading probably know what I'm going to write about. Yes, it's the US private non-farm payrolls report for September - the one that shows that jobs in America are still hard to come by. Overall ...

AAT upholds ASIC adviser ban

ASIC RELEASE  |  FRIDAY, 8 OCT 2010
The Administrative Appeals Tribunal has upheld ASIC's decision to ban Joshua David Fuoco from providing financial services for five years, after he engaged in deceptive conduct, including providing defective documents to clients. ASIC banned Fuoco from ...

Market Wrap - Morning

AAP  |  THURSDAY, 7 OCT 2010
The Australian stock market is expected to open slightly higher on Thursday despite US equities ending mixed following a disappointing report on the jobs market leading to renewed concerns about the economy. On the Sydney Futures Exchange at 0755 AEDT ...

Russell readies for intra-fund advice

COMPANY RELEASE  |  WEDNESDAY, 6 OCT 2010
Russell Investments is on track to roll out intra-fund advice as part of its administration model upgrades. According to a press statement released this morning, Russell announced it would introduce intra-fund advice to support its member engagement ...

SWIFT slashes messaging cost

ELISE BURGESS  |  FRIDAY, 24 SEP 2010
SWIFT, the provider of global financial messaging services, is planning to reduce its price of messaging on its core FIN service by an average of 20 percent next year. According to the company, the 20 per cent reduction is part of a targeted 50 percent ...

Market Wrap - Morning

AAP  |  THURSDAY, 23 SEP 2010
The Australian market has received mixed leads from offshore trading, with Wall Streets's key indices lower, but precious and base metals were higher. Oil fell slightly. On the Sydney Futures Exchange, at 0747 AEST, the December share price index contract ...

MLC appoints former Fidelity global CIO

ELISE BURGESS  |  TUESDAY, 21 SEP 2010
Nicky Richards, former global chief investment officer of Fidelity Investments, has been appointed chief investment officer of MLC, filling the role vacated by Chris Condon six months ago. Richards has more than 20 years experience in global investment ...

Former AMP adviser gets permanent ban

ASIC RELEASE  |  MONDAY, 20 SEP 2010
ASIC has permanently banned former AMP adviser Vince Aloisi of Baulkham Hills, New South Wales, from providing financial services. ASIC's action against Aloisi follows its investigation into allegations of misconduct during his employment as an authorised ...

Challenger to open redemptions on mortgage fund

MICHELLE BALTAZAR  |  WEDNESDAY, 15 SEP 2010
Challenger's Howard Mortgage Fund proposes to make $850 million of funds available for investor redemptions by Christmas, as part of a major restructuring to improve returns and liquidity. In a statement, Challenger said it will ask all its mortgage ...

Banks to raise capital reserves

ELISE BURGESS  |  MONDAY, 13 SEP 2010
Landmark reforms will force global banks to raise their minimum capital requirements by at least double what they are today to avert another financial crisis - but the new rules, if adopted, could damage the smaller institutions. Bank regulators and ...