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Showing 2931 - 2940 of 3940 results for "USI"

PC recommends govt-backed aged care equity release

ALEX DUNNIN  |  WEDNESDAY, 2 FEB 2011
A Productivity Commission draft report into aged care said there are a number of options to improve aged care funding including the establishment of aged care savings accounts, using superannuation benefits and encouraging the use of equity release ...

BetaShares launches currency ETF

MEDIA RELEASE  |  TUESDAY, 1 FEB 2011
New Sydney-based exchange traded fund (ETF) provider BetaShares has launched a new ETF in Australia that tracks the performance of the US dollar relative to the local currency. Trading under the ASX Code 'USD', BetaShares U.S. Dollar ETF tracks the ...

Ponzi scheme operator jailed

ELISE BURGESS  |  FRIDAY, 28 JAN 2011
The sole director of failed Melbourne-based loan and mortgage broking business, Victorian Finance Broking Services (VFBS), has been sentenced to four years and nine months imprisonment following an ASIC investigation. Hazel Bucello plead guilty to five ...

SimCorp signs Fennia Mutual

RUTH LIEW  |  THURSDAY, 27 JAN 2011
Finland-based Finnish Fennia Mutual Insurance Company has chosen SimCorp Dimension as its new investment management platform. Fennia Mutual Insurance Company will be using SimCorp Dimension front-to-back. Following a detailed selection process, Fennia ...

Former adviser faces fraud charges

ASIC RELEASE  |  THURSDAY, 27 JAN 2011
A former financial adviser is facing charges, including fraudulently obtaining client funds, after an investigation by the Australian Securities and Investments Commission (ASIC). Alan Leslie Brown, of Lugarno, New South Wales, has appeared on a total ...

QIC donates $100k to flood appeal

ELISE BURGESS  |  TUESDAY, 25 JAN 2011
Queensland-based fund manager QIC has donated $100,000 to the Premier's Flood Relief Fund and is offering a dollar-for-dollar matching staff donations to the fund. QIC lost access to its Brisbane CBD Head Office for almost two weeks due to floods but ...

More tax changes needed to aid local funds: BDO

MEDIA RELEASE  |  FRIDAY, 21 JAN 2011
Advisory firm BDO has raised its concerns on the Government's proposed tax changes on investment income of foreign funds, arguing they do not fully address the tax uncertainties that make Australian capital markets less appealing to overseas investors. ...

AvSuper awards mandate to IFP

RUTH LIEW  |  WEDNESDAY, 19 JAN 2011
AvSuper has dropped its mandate with Wellington International Management Company and awarded $52 million to Independent Franchise Partnership following a review. Michelle Griffiths, chief executive of the $1 billion-plus fund, said IFP replaces Wellington ...

Bennelong appoints senior analyst

ELISE BURGESS  |  TUESDAY, 18 JAN 2011
Former ING Investment Management analyst, Kieran Sission, will join Bennelong Australian Equity Partners (BAEP) next month as a senior analyst. Sission has worked with members of BAEP management for more than five years during their tenure at ING Investment ...

ASIC clears up online disclosure rules

ELISE BURGESS  |  WEDNESDAY, 15 DEC 2010
ASIC has made a bid to clear the uncertainty of what is legal - and what's not - when planners and financial service providers deliver online disclosure to clients. Financial services providers that send disclosures such as statements of advice to clients ...