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Showing 3071 - 3080 of 3265 results for "January 1"

Standard & Poor's puts DeAM fund on hold after sale

Standard & Poor's has placed the Deutsche Global Bond Fund on hold following the sale of parts of Deutsche Asset Management's (DeAM) global asset management business to Aberdeen Asset Management. Last Thursday Deutsche announced it had signed an agreement ...

Former financial adviser guilty of fraud

Michael Smith has pleaded guilty in the District Court of South Australia to three counts of fraudulently converting clients' funds for his own or his company's use or benefit. The charges are the result of an Australian Securities and Investments Commission ...

Former NAB currency options trader jailed

Former head of the National Australia Bank's (NAB) foreign currency desk, Luke Duffy has been sentenced to 29 months imprisonment following three charges brought by the Australian Securities and Investments Commission (ASIC). The County Court of Victoria ...

Standard & Poor's reinstates ratings for AMP and Rubicon

Standard & Poor's has reinstated its ASSIRT ratings on AMP Capital Investors (AMPCI) Future Directions Funds (FDF) and Rubicon's Asian and Global Equities Funds. The ratings house has given AMPCI's multi-manager FDF a 'competent' rating and a 'strong' ...

EY Super chooses Asgard

The Ernst & Young (EY) staff superannuation fund has selected the Asgard platform to provide its members with a tailored default investment option. The EY super fund assessed 30 major platform providers as part of its compulsory tendering process before ...

FPA releases draft conflict of interest guidelines

The Financial Planning Association (FPA) has just announced the third and last phase of its clarity and transparency program and released its draft conflict of interest principals to the industry for consultation. According to FPA director Sarah Brennan ...

Mercer's survey reveals employees slow to act on choice

Mercer's 2005 Benefits Outside the Square survey has revealed only 10 per cent of employees will most likely switch funds over the next two years however 73 per cent are unlikely or very unlikely to change funds. The survey included interviews with ...

Four external platforms for AMP Financial Planning

AMP Financial Planning has enhanced its existing range of corporate superannuation products on offer by adding four external employer superannuation master trust providers to its approved products list for its adviser network. ING, BT, Colonial First ...

NAB foreign exchange options desk back in business

The National Australia Bank has announced it will reopen its foreign exchange options desk on May 9, 2005, almost 15 months since it first notified the market of the unauthorised trading in foreign exchange options which cost the bank $360 million. ...

Planners still optimistic on equities

Financial planners are still upbeat on equity markets, according to the latest survey of the industry by Deutsche Asset Management (DeAM). The Australia-wide survey found that 60 per cent of financial advisers remain 'confident' or 'very confident' ...