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Showing 421 - 430 of 461 results for "Deem"

Push for redemption freeze lifts: PASL

COMPANY RELEASE  |  WEDNESDAY, 15 JUL 2009
Super fund trustees should not be afraid to challenge redemption freezes and question the validity of the Responsible Entity model if it's in their members' interests, said Professional Associations Superannuation Fund (PASL). PASL made the comments ...

Beware the Budgets

BENJAMIN ONG  |  MONDAY, 11 MAY 2009
Phew! That wasn't stressing at all. In the end, the official announcement of the results of the stress test conducted on 19 of America's biggest banks became a sort of anti-climax for the equity markets. Where to from here? The verdict? Ten of the 19 ...

Restrict 'adviser' term: AFA

MICHAEL HOBBS  |  THURSDAY, 19 MAR 2009
The Association of Financial Advisers (AFA) has called upon Treasury to restrict the term 'adviser' to those that are regulated by the Australian Securities and Investments Commission (ASIC) and comply with the Corporations Act. "The problem at the ...

Period of cleansing

BENJAMIN ONG  |  WEDNESDAY, 22 OCT 2008
Where's a poor investor going to look? On the right, there are hopeful signs that liquidity is starting to trickle. On the left, the number of countries falling into an economic recession is increasing. Over the past few days, equity market rallies ...

ASIC suspends WA AFSL

MICHAEL HOBBS  |  MONDAY, 29 SEP 2008
The Australian Securities and Investments Commission (ASIC) suspended the licence of West Australian based Concentric Wealth Management after it found it couldn't manage it's own debt. In August Mervyn Kitay was appointed receiver manager of Cottesloe ...

Greater fool with no shorts

BENJAMIN ONG  |  MONDAY, 22 SEP 2008
Equity markets rebounded sharply at the end of last week's trading as America's administrative, fiscal, monetary and regulatory authorities combined to wrench the claws off the credit squeeze that, last week, threatened to strangle the US financial ...

Dec 2007 redux

BENJAMIN ONG  |  FRIDAY, 19 SEP 2008
The world's major central banks have launched a joint effort to address the on-going liquidity crisis and stabilise financial markets. This failed in December 2007 when the economic and financial backdrop were much better, will it succeed this time? ...

America on its knees

BENJAMIN ONG  |  THURSDAY, 18 SEP 2008
The bloodbath continues. The Federal Reserve's US$85 billion bailout of American Insurance Group (AIG) proved insufficient to calm the financial market panic that appears to be increasing by the day. The overnight sell-off saw more than three years' ...

Look out below

BENJAMIN ONG  |  TUESDAY, 16 SEP 2008
'This is a once in a half century, probably once in a century type of event.' (Alan Greenspan). Are we headed for a repeat of the global depression of the 1930s? This might sound too alarmist but indeed, quite a possibility as one giant US financial ...

Enron Part Two

A visiting US accounting academic has called for a re-design of auditing practices to avoid public company frauds of Enron scale to happen again, in the wake of the sub-prime led market crisis. Professor Ira Solomon, from the University of Illinois ...