Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 2921 - 2930 of 4013 results for "Accounts"

Adviser faces court on 22 charges

LINDA HAUSKEN  |  THURSDAY, 13 SEP 2012
... in court on 22 fraud charges, after he allegedly fraudulently transferred funds totalling $500,000 from seven client accounts without their knowledge or authority. These charges follow the corporate watchdog's investigation into Veitch's former role ...

Businesses in for tougher times: Debt collector

LINDA HAUSKEN  |  WEDNESDAY, 12 SEP 2012
... explained Roger Mendelson chief executive at Prushka. Additionally, he said, businesses are also working their overdue accounts harder in-house, to reduce collection costs. "My feeling is that business conditions are worse than they have been for many ...

Super concession cuts ignite SMSF debate

MELANIE TIMBRELL  |  MONDAY, 10 SEP 2012
... entire super sector arguing that by nature SMSFs are more transparent as there is no cross subsidisation within member accounts. "Given most SMSFs are only single member or two members it means that pretty much every member's balance is being audited ...

Adelaide adviser facing sentence

LINDA HAUSKEN  |  MONDAY, 10 SEP 2012
... in the Adelaide Magistrates Court, misappropriated the money from eight of his clients' investment or superannuation accounts between 30 June 2003 and 30 June 2010. The regulator believes that while some of the money was used to support his lifestyle ...

Changes sent packing

BEN COLLINS  |  THURSDAY, 6 SEP 2012
... the benefits members would be entitled to under different schemes before transitioning them into or out of different accounts through auto-consolidation, said Crew. "These regulatory changes give funds the opportunity to be transparent and educate members ...

Market wrap

AAP  |  WEDNESDAY, 5 SEP 2012
... local economic news on Wednesday, The Australian Bureau of Statistics (ABS) is due to release the June quarter National Accounts figures, including gross domestic product, while the Australian Industry Group/Commonwealth Bank Australian Performance of ...

Powerwrap's platform offers advisers full choice

LINDA HAUSKEN  |  MONDAY, 3 SEP 2012
... 200 managed funds, with a further 1,000 available upon request, all listed securities on the ASX, Separately Managed Accounts (SMAs), a range of Term Deposits and a choice of cash accounts. "The difference between our platform and other platforms is ...

Wealthtrac revises structure for independent market

MELANIE TIMBRELL  |  FRIDAY, 31 AUG 2012
... the pressure being felt by both advisers and clients as a consequence of the drop in value of Australian superannuation accounts. "Previously administration fees were capped for accounts in excess of $500,000 or $2,770 maximum for superannuation. Wealthtrac ...

Ruling returns $62 million to MF Global customers

MELANIE TIMBRELL  |  THURSDAY, 30 AUG 2012
... should be regarded as client funds. The collapse of the network in November last year saw more than $300 million held in accounts by 10,000 local traders frozen. Justice Black said the entitlements of clients would be calculated on the value of positions ...

Zurich's restructure sees 11 depart

MELANIE TIMBRELL  |  WEDNESDAY, 29 AUG 2012
... communication. Some sales support staff have also been let go, although new roles have been created in the new Strategic Accounts and Research team, Dunkerley said. "Essentially it's about recognising the landscape is shifting and more importance is ...