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Showing 371 - 380 of 461 results for "Deem"

Market Wrap

AAP  |  THURSDAY, 1 NOV 2012
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 bans two advisers

MELANIE TIMBRELL  |  TUESDAY, 25 SEP 2012
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, one to go

BENJAMIN ONG  |  THURSDAY, 13 SEP 2012
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 seeks capital

BEN COLLINS  |  MONDAY, 23 JUL 2012
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 ...

Trio fraud victims demand compensation

ALEX DUNNIN  |  THURSDAY, 5 JUL 2012
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 ...

Local DMA providers hit back

MELANIE TIMBRELL  |  WEDNESDAY, 6 JUN 2012
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 ...

XPLAN upgrades for goals based advice

LINDA HAUSKEN  |  FRIDAY, 25 MAY 2012
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 ...

Eurozone turmoil sparks 'flight-to-quality'

BEN COLLINS  |  FRIDAY, 25 MAY 2012
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 ...

SMSFs face fire-sales of illiquid assets

BEN COLLINS  |  TUESDAY, 8 MAY 2012
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 ...

FPA calls on ASIC for clearer advice definitions

LINDA HAUSKEN  |  WEDNESDAY, 2 MAY 2012
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 ...