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| | | ASIC has welcomed yesterday's court approval of the creditors Schemes of Arrangement that will oblige ANZ and Merrill Lynch to pay $226 million to Opes Prime clients. According to a media statement by ASIC, the schemes oblige ANZ and Merrill Lynch to ... |
| | | | ... home sales jumped by 3.6 per cent in June - the fifth straight month of gains - to stand 9.2 per cent higher than a year ago. Yes Virginia, it would be like this for some time in the US while it digs itself out of the hole it blew itself - and the rest ... |
| | | | Countplus has made its eleventh acquisition through a 25 per cent share purchase in planning firm, Evolution Advisers. Countplus, part of the ASX-listed Count Financial Limited, announced the acquisition details yesterday. Evolution Advisers has been ... |
| | | | Chk, chk, bang! Yes, ladies and gentlemen. Equity markets greeted August the same way it left July - with a bang! One by one the bears are beginning to wave the white flag as the thundering herd forces them back into hibernation. The "Maestro," former ... |
| | | | Merry Christmas! Merry Christmas to everyone and all! Except for the grinch bears that is. Yes, Virginia. Christmas came in July. Hope and cheer abounded in equity markets around the globe and in other risk assets. How could they not? Slow - painfully ... |
| | | | QSuper, Russell Investments and AUSCOAL Superannuation Fund were among of the top Australian superannuation funds recognised at the ASFA Communications awards held yesterday. All three funds won in the 'Excellence in Member Communication' category this ... |
| | | | ... we're [handling] people's money and people's lives, and that they trust us to execute to execute that professionally - then yes I think you need to have the skills and qualifications to do what you need to do," he said. Adam Smith, an adviser who specialises ... |
| | | | Don't know about you but to me, this week is one of the most boring one for equity markets. Wall Street rebounded overnight. Big deal! The numerous companies that have reported second quarter earnings much - some even much, much - better than consensus ... |
| | | | Advisers could face tougher hurdles to get professional indemnity cover as insurers expect a $300 million claims bill in the next three years resulting from collapses such as Storm Financial, said an industry expert. Christina Kalantzis, principal of ... |
| | | | One of the biggest downfalls of the financial planning industry is its inability to communicate effectively the value of the profession, said a key industry association. Richard Klipin, chief executive of the Association of Financial Advisers, said ... |
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