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Showing 4521 - 4530 of 6884 results for "Act2"

Dismiss fixed income at your peril

MARK SMITH  |  MONDAY, 8 JUL 2013
Investors, particularly those in or approaching retirement, should be wary of ignoring fixed income and other income producing assets in the 'great rotation' out of cash and into equities, according to Goldman Sachs Asset Management (GSAM) executive ...

Adviser uses dead people to earn commission

JAMES FERNYHOUGH  |  FRIDAY, 5 JUL 2013
The Australian Securities and Investments Commission (ASIC) has permanently banned a Sydney financial adviser for using the names of dead and non-existent people to earn commissions on insurance applications. Pavan Vyas, an employee of Lionsgate Financial ...

APRA accepts enforceable undertakings from five former Trio directors

ALICE URIBE  |  THURSDAY, 4 JUL 2013
The Australian Prudential Regulation Authority (APRA) has accepted enforceable undertakings from former Trio Capital Limited (Trio) directors Cameron Anderson, Michael Anderson, Terrence Hallinan, Lorenzo Macolino and John Harte. Trio was formerly the ...

Last-minute Stronger Super reprieve averts "ludicrous situation"

JAMES FERNYHOUGH  |  THURSDAY, 4 JUL 2013
While the majority of the Stronger Super reforms now apply, the government has deferred two of its last-minute measures, after many in the industry said it was impossible to comply. The first measure to be deferred is the product dashboard for MySuper ...

Trust expects buyout talks to impact profit

LAURA MILLAN  |  WEDNESDAY, 3 JUL 2013
The Trust Company has reported a profit from March 2012 to August 2012, but it expects the talks of an acquisition from Equity Trustees (EQT) or Perpetual to have an impact on profit. The Trust Company financial held yesterday an annual general meeting ...

Industry welcomes grandfathering extension

LAURA MILLAN  |  WEDNESDAY, 3 JUL 2013
The Association of Financial Advisers (AFA) has welcomed the Senate approval of the grandfathering regulation, one of the last pending aspects of the Future of Financial Advice (FoFA) regulation. The Senate vote has given the industry 12 more months ...

Market Wrap AM

AAP  |  WEDNESDAY, 3 JUL 2013
The Australian market looks set to follow Wall Street's downward lead and open lower, a day after rising 2.5 per cent and posting its biggest gains since October 6 2011. US stocks reversed early gains and ended lower on revived concerns about the eurozone ...

Market Wrap

AAP  |  TUESDAY, 2 JUL 2013
The Australian share market has opened significantly higher as positive manufacturing data out of the United States and Europe improved investor confidence. The market is more than 1.5 per cent higher, almost regaining all of Monday's losses in the ...

Market Wrap AM

AAP  |  TUESDAY, 2 JUL 2013
After sharp falls in its previous session, the Australian market looks set to open flat following gains on US and European bourses on encouraging manufacturing data out of Europe. At 0813 AEST on Tuesday, the September share price index futures contract ...

UK RDR market impacts gathering pace

ALEX DUNNIN  |  FRIDAY, 28 JUN 2013
Four in 10 UK financial advisers believe that, due to the impact of the Retail Distribution Review, within three years they will have closed down, merged or been acquired. The stark results are based on an ongoing survey program by the actionconsulting ...