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Showing 4281 - 4290 of 5260 results for "SCA"

Astarra director convicted by NSW Supreme Court

ALISON BEVEGE  |  MONDAY, 25 JUL 2011
A NSW Supreme Court judge found on Friday that a term of imprisonment would be the only appropriate punishment for Shawn "Shawny Cash" Richard, the former director of Astarra Asset Management. Justice Peter Garling convicted the 36-year-old Canadian-born ...

AMP embeds AXA management into new structure

MATT WOODINGTON  |  FRIDAY, 22 JUL 2011
AMP again vowed to put quality financial advice at its heart after establishing a new eight division business structure for AMP Financial Services (AFS). AMP has put a new management team in place, effective August 1, ahead of its results announcement ...

Advisers demand platform opt-in support

ELISE BURGESS  |  THURSDAY, 21 JUL 2011
Independent and bank-aligned financial advisers want platform costs to be lowered and have high expecations of support from providers once opt-in reforms are implemented, an industry survey has found. The annual CoreData Platform Study reported that ...

Market Wrap - Midday

AAP  |  WEDNESDAY, 20 JUL 2011
The Australian share market was higher at noon as the US moved closer to breaking its debt-ceiling stalemate. At 1200 AEST on Wednesday, the benchmark S&P/ASX200 index was 74.8 points higher, by 1.67 per cent, at 4,542.9 while the broader All Ordinaries ...

Bigger super funds may not be cheaper for members

ALISON BEVEGE  |  TUESDAY, 19 JUL 2011
An industry super fund head has said the idea that bigger super funds are cheaper for members is unfounded. John Livanas, chief executive of $1 billion meat industry fund AMIST Super, said smaller can be better and that mergers for the sake of merging ...

Market Wrap - Morning

AAP  |  TUESDAY, 19 JUL 2011
The Australian share market is expected to open lower today, after Wall Street securities fell overnight, while commodities markets were mixed. At 0721 AEST, the local September share price index futures contract was down 22 points at 4,425. In economic ...

Institutional appetite for RMBS behind lender acquisition

MATT WOODINGTON  |  MONDAY, 18 JUL 2011
ASX listed Firstfolio has agreed to acquire non-bank mortgage lender Calibre Financial Services amid plans to tap the growing demand from institutional investors to take part in residential mortgage backed securities (RMBS) issues. Firstfolio, a mortgage ...

Market Wrap - Midday

AAP  |  MONDAY, 18 JUL 2011
The Australian market was lower at noon, with energy and consumer discretionary stocks down, particularly News Corporation, offsetting gains among healthcare and gold-linked companies. At 1215 AEST, the benchmark S&P/ASX200 index was down 1.1 points ...

AMP scales advice for affordability

ELISE BURGESS  |  MONDAY, 18 JUL 2011
AMP has announced a new scalable advice model aimed at creating an affordable product to attract investors who would normally bypass advisers. The My Money Choices model was developed in consultation with financial planners, customers and the Australian ...

Market Wrap - Midday

AAP  |  FRIDAY, 15 JUL 2011
The Australian sharemarket remained weaker at noon as BHP Billiton led losses in the resource sector and retailers continued to drop in value. At 1200 AEST, the benchmark S&P/ASX200 index was down 20 points, or 0.49 per cent, at 4,468.9, while the broader ...