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| | | The Australian share market has opened lower as investors consider the impact of the massive storm in the United States on the world economy. At 1036 AEDT on Thursday, the benchmark S&P/ASX200 index was down 33.4 points, or 0.74 per cent, at 4,483.6 ... |
| | | | ASIC has banned two advisers from providing financial services following breaches including unlawful early release of superannuation benefits. Simon Turudia, formerly an authorised representative of AMP Financial Planning was found to have arranged ... |
| | | | Two down. European Central Bank bond purchases -- Outright Monetary Transactions (OMTs) - open-ended at that: Check. German Constitutional Court's verdict on the European Stability Mechanism (ESM) bailout fund: Check. Ja! Jawohl! "'The review has concluded ... |
| | | | Investorfirst has offered shareholders a non-renouncable rights offer, as it attempts to raise capital in light of poor performance. Shareholders have been offered a one-for-one deal, at 15 cents each - with the non-aligned financial services provider ... |
| | | | A group of Trio fraud victims is meeting with Bill Shorten, minister for superannuation and financial services, to demand that they be compensated for their losses just as members of regular super funds were compensated. John Telford, secretary of the ... |
| | | | Australian DMA providers in the CFD sector have warned Treasury officials over what they claim are misrepresentations being made on the use of client money to hedge positions. Australian direct market access (DMA) providers First Prudential Markets ... |
| | | | IRESS has made enhancements to its software solution XPLAN, with the aim of assisting advisers in delivering goals based advice to their clients. The recently upgraded XPLAN tool helps advisers to discuss and frame up one specific goal at a time with ... |
| | | | As eurozone tensions remain high, the ongoing political and economic turmoil is causing a "flight-to-quality", according to Robert Mead, PIMCO's head of portfolio management in Australia. Ratings agency Moody's said it had maintained France's top rating ... |
| | | | In the rush to purchase property assets, SMSF trustees may not be considering how these 'lumpy' holdings will be sold after their death, according to an SMSF advice and training provider. The consequences of this oversight could be the fire-sale of ... |
| | | | The Financial Planning Association has called on The Australian Securities and Investments Commission for greater clarity and definitions of quality advice. Approximately 150 practising financial planners, along with licensees and compliance, legal ... |
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