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Showing 291 - 300 of 456 results for "AST"

Planners prime legal targets for angry clients

ALISON BEVEGE  |  MONDAY, 18 APR 2011
Financial planners relying on research are sitting ducks for legal action in the wake of the Trio Capital superannuation fraud and need to protect themselves, a planner has said. In the case of the Trio Capital fraud, adviser Ross Tarrant's firm Tarrants ...

$55 million for Trio super fraud victims

ALISON BEVEGE  |  WEDNESDAY, 13 APR 2011
Victims of the Trio Capital superannuation fund fraud will receive $55 million in compensation from a special levy, the Federal Government announced today. Members of four super funds formerly under the trusteeship of Trio will recover all lost funds ...

Market Wrap - Morning

AAP  |  TUESDAY, 29 MAR 2011
The Australian stock market has received negative leads from offshore markets, after Wall Street gave up early gains to finish lower, while oil and metals prices eased overnight. At 0710 AEDT, the June share price index contract was up four points at ...

Rising oil prices add to sovereign risk

ALISON BEVEGE  |  TUESDAY, 22 MAR 2011
Super funds have been urged to perform oil vulnerability assessment after blasts rocked Moamar Gaddafi's Tripoli compound this morning. As explosions and anti-aircraft fire rocked the Libyan capital, brent crude prices rose to US$114.86 per barrel. ...

April launch for XPLAN facelift

ALISON BEVEGE  |  FRIDAY, 11 MAR 2011
Dominant planning software provider IRESS Wealth Management Solutions has announced the long-anticipated new version of XPLAN is to be released next month. XPLAN, used by more than 12,000 advisers, has been given a makeover with the help of digital ...

TOWER, CommInsure tie as top insurers

ELISE BURGESS  |  THURSDAY, 24 FEB 2011
TOWER Australia and CommInsure both named Life Company of the Year in the Association of Financial Advisers (AFA) and Plan for Life awards held yesterday. In a surprise, the two life insurers ranked equal in the main category, with the awards committee ...

Former Astarra investment manager pleads guilty

ELISE BURGESS  |  MONDAY, 7 FEB 2011
Former director of investment manager Astarra Asset Management (AAM), Shawn Richard, pleaded guilty to two counts of dishonest conduct in the Supreme Court of NSW on Friday. Richard also pleaded guilty to one charge of making false statements in relation ...

AMP to manage Trio Capital super money

ELISE BURGESS  |  MONDAY, 13 DEC 2010
AMP SignatureSuper has been selected as the preferred successor superannuation fund for embattled Trio Capital Limited super fund members. ACT Super Management, acting as trustee of Trio Capital since last December, made the decision to transfer the ...

Insurance platforms highly preferred: report

ELISE BURGESS  |  THURSDAY, 9 DEC 2010
Some 80 per cent of advisers use platforms to write risk advice, according to latest figures from Investment Trends research. This goes against the theory that many advisers are threatened by Future of Financial Advice (FOFA) reforms, with platforms ...

Astarra director faces five years jail, $220k fine

ASIC RELEASE  |  WEDNESDAY, 8 DEC 2010
The former director of Astarra Asset Management, Shawn Richard, faces a maximum penalty of 5 years imprisonment or a $220,000 fine - or both - and has been banned for life from providing financial services. Richard pleaded guilty to two charges of dishonest ...