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Showing 3331 - 3340 of 5919 results for "March 24"

PIS appoints PwC as independent expert

LAURA MILLAN  |  THURSDAY, 18 JUL 2013
PriceWaterhouseCoopers (PwC) will monitor independent dealer group Professional Investment Services (PIS) for the next nine months after an order was issued yesterday by the Australian Securities and Investments Commission (ASIC). PwC will report back ...

FIIG to manage $30m bond issue for listed childcare company

MARK SMITH  |  THURSDAY, 18 JUL 2013
Fixed income broker FIIG Securities will be the sole lead arranger for listed childcare provider G8 Education's latest wholesale bond issue. The ASX200 child services specialist aims to raise a minimum of $30 million from the bond issue. The bond issue ...

Market Wrap AM

AAP  |  THURSDAY, 18 JUL 2013
The Australian market looks set to open higher following gains on Wall Street after US Federal Reserve chairman Ben Bernanke said tapering of stimulus measures was not on a "preset course". In testimony to Congress, Dr Bernanke reiterated that the Fed ...

ASIC orders further PIS scrutiny over compliance concerns

LAURA MILLAN  |  WEDNESDAY, 17 JUL 2013
Professional Investment Services (PIS) will be subject to a monitoring program by an independent expert to ensure that its advice processes meet the standards set out in a major enforceable undertaking (EU). The EU came to an end on March 2012 and PIS ...

ASIC finalises OTC derivatives reporting rules

MARK SMITH  |  FRIDAY, 12 JUL 2013
The Australian Securities and Investments Commission (ASIC) has issued its final rules around over-the-counter (OTC) derivatives trade reporting for financial institutions. The regime is set out in a package of rules and guidance released by ASIC today ...

SMSFs urged to consider transparent alternatives to managed funds

JAMES FERNYHOUGH  |  WEDNESDAY, 10 JUL 2013
Self-managed superannuation fund (SMSF) investors wanting to delegate management, but also wanting to keep tabs on their investments, are being urged to consider separately managed accounts (SMAs) and managed discretionary accounts (MDAs). SMSF solution ...

PIS sees dramatic drop in adviser numbers

LAURA MILLAN  |  WEDNESDAY, 10 JUL 2013
Independent dealer group Professional Investment Services (PIS) has experienced a significant drop on adviser numbers in the last two years. PIS has seen its advisers drop by more than half in the last two years and it now has 559 advisers, according ...

PIMCO expands Aussie portfolio management team

LAURA MILLAN  |  WEDNESDAY, 10 JUL 2013
Investment firm PIMCO is expanding its Australian portfolio management team with the appointment of a new vice president of the division. Aaditya Thakur has been appointed vice president, Portfolio Manager and will be reporting to PIMCO head of Asia-Pacific ...

Life insurance risk sees downfall in sales

LAURA MILLAN  |  TUESDAY, 9 JUL 2013
Life insurance risk sales declined, while premium inflows increased between March 2012 and March 2013, latest Plan For Life report shows. Overall sales were down by 4.7% with AIA leading the downfall with losses of 16.2%, followed by CommInsure with ...

Westpac to use Morningstar's equity tech tool

LAURA MILLAN  |  TUESDAY, 9 JUL 2013
Westpac Online Investing has struck a deal to use Morningstar's equity technology solution, which distributes key market data to clients. The tool sends daily emails to investors with equity data and content including earnings announcements, dividends ...