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Showing 2701 - 2710 of 3556 results for "October 27"

Advisers must justify complex products: ASIC

MATT WOODINGTON  |  MONDAY, 14 MAR 2011
ASIC will clamp down on the misuse of Managed Discretionary Accounts (MDAs) and increase scrutiny on advisers recommending capital guaranteed funds. A growing number of advisers are offering structured capital protected and capital guaranteed products. ...

ASIC slaps seven-year ban on planner

ELISE BURGESS  |  FRIDAY, 11 MAR 2011
The Australian Securities and Investments Commission (ASIC) has banned former Commonwealth Financial Planning (CFP) adviser, Don Nguyen, from providing financial services for seven years. Nguyen worked as a financial adviser at CFP between 1 October  ...

Fund managers eye 'cheap' Japan

MATT WOODINGTON  |  THURSDAY, 10 MAR 2011
Attractive valuations, a predicted rise in industrial consolidation and the possibility of a depreciating currency are leading some fund managers to believe that the time is now to invest in Japan. In contrast to the rest of Asia, the Bank of Japan ...

ASIC bans former Storm adviser

ELISE BURGESS  |  FRIDAY, 25 FEB 2011
Former Storm Financial adviser, Stuart Craig Drummond, has been banned from providing financial services for four years following an investigation by the Australian Securities and Investments Commission (ASIC). Drummond was found guilty of making false ...

BlackRock iShares breaks $1bn barrier

ALEX DUNNIN  |  WEDNESDAY, 23 FEB 2011
BlackRock has announced that its exchange traded fund business, iShares, has reached $1 billion assets under management. IShares claims to be the world's leading provider of ETFs after launching its first suite of international ETFs in Australia in ...

J.P. Morgan wins $1.5bn custody mandate

MEDIA RELEASE  |  TUESDAY, 22 FEB 2011
J.P. Morgan Treasury & Securities Services (TSS) is the new custodian and administration provider of corporate super fund City Super. Bryan Gray, head of treasury & securities services sales and client management said the new $1.5 billion mandate further ...

Paraplanners master SoAs with COIN

MATT WOODINGTON  |  TUESDAY, 22 FEB 2011
Financial planning software provider COIN has launched training courses for paraplanners, which could go some way to increasing the upskilling in the profession. The three-day courses, Paraplanning Fundamentals, are run in conjunction with outsourced ...

Snowball expands 'segmented advice'

ELISE BURGESS  |  FRIDAY, 18 FEB 2011
Snowball Group marks 2011 as another year of providing more services in the area of 'segmented advice' after posting a healthy increase in its half-year profits. Tony McDonald, managing director of Snowball, said the group is performing well as it prepares ...

Ahead of the pack

FINANCIAL STANDARD IS THE MEDIA PARTNER OF THE MFSS.  |  FRIDAY, 11 FEB 2011
Every industry needs game changers - a select crowd that stirs the pot or keeps raising the bar for everyone else. In financial services, they can be found within the ranks of the innovators and the pioneers. Early next month the Australian Centre for ...

HUB24 managed account gets thumbs up

MATT WOODINGTON  |  FRIDAY, 11 FEB 2011
Standard & Poor's Fund services has awarded a 'STRONG' rating to HUB24's separately managed account (SMA) platform. HUB24, a subsidiary of ASX listed boutique stockbroker Investorfirst, launched the SMA platform in early 2010. S&P noted that the manager ...