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Showing 2831 - 2840 of 3556 results for "October 27"

Prison sentence for finance fraudster

ASIC RELEASE  |  FRIDAY, 19 FEB 2010
Hugh Charles Gordon, the former head of Newcastle investment company Whet Investments, was sentenced to 18 months jail, for fraud. Gordon, of Redheads, New South Wales, will be released after serving eleven months but will have to enter into a recognizance ...

Mortgage trust managers have lots of questions to answer

JOHN KAVANAGH  |  FRIDAY, 19 FEB 2010
Mortgage fund managers have spent the past couple of days in damage control, reassuring planners and investors that the assets of their funds are secure. These moves come in the wake of the announcement by Colonial First State on Tuesday that it would ...

Supercorp software adds 2,000 users

PRESS RELEASE  |  TUESDAY, 16 FEB 2010
Supercorp Technology's self managed super fund (SMSF) administration software is being used to process more than 2,000 SMSFs just four months after the solution was launched. The firm's software, superMate, was launched in October last year as the next ...

Change of heart

BENJAMIN ONG  |  TUESDAY, 16 FEB 2010
It wasn't that too long ago that central banks the world over were losing their attraction for the US dollar and diversifying their currency reserves. China, Russia, Asian and Middle Eastern central banks were falling in love with the yen and the euro ...

Jobs full recovery

BENJAMIN ONG  |  FRIDAY, 12 FEB 2010
If you believe the mantra that any economic recovery would not be sustainable without employment growth, then there is now no doubt that Australia has one sustainable economic expansion going. The latest Labour Force, Australia released by the Australian ...

AMP planners back fee for service APL

MICHAEL HOBBS  |  TUESDAY, 9 FEB 2010
AMP's financial planners have thrown their support behind an approved product list (APL) that does not include any commissions - and fund managers keen to keep their business are fast adjusting to the change. Steve Helmich, director Financial Planning ...

Australia better than triple A

BENJAMIN ONG  |  TUESDAY, 9 FEB 2010
... like a permanently high plateau." Mr. Fischer pronounced these words on 21 October 1929. A week and a day later -- on 29 October - the stock market crash in what is going to be known in history as the Great Crash of 1929 and a precursor to the Great ...

New chapter in savings after government guarantee ends

MICHELLE BALTAZAR, MICHAEL HOBBS AND RUTH LIEW  |  MONDAY, 8 FEB 2010
The termination of the government guarantee on wholesale funding next month gives a strong signal that - as far as the Australian government is concerned - the financial crisis is over. But the move could pose new problems for financial services providers ...

RARE eyes Indian and Mexican assets

RUTH LIEW  |  THURSDAY, 4 FEB 2010
RARE Infrastructure, which doubled its FUM from $834 million to $1.53 billion in 12 months, is buying up more assets in India and Mexico within its emerging markets portfolio. Sarah Shaw, senior investment analyst and portfolio manager - emerging markets ...

Gold's dimming lustre

BENJAMIN ONG  |  THURSDAY, 4 FEB 2010
Gold's spectacular run in 2009 appears to have run out of puff this early in the New Year. The yellow metal produced a hefty 27.1 per cent return last year as prices jumped from US$862.20 per ounce in January 2009 to a high of US$1,212.00 an ounce on ...