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Showing 4761 - 4770 of 6265 results for "DET"

ASIC bans adviser over deceptive conduct

RACHEL DAVIS  |  TUESDAY, 6 SEP 2011
A former Sydney-based financial adviser has been permanently banned from providing financial services after an ASIC investigation revealed he had engaged in misleading and deceptive conduct. James Edward Maurice Rowe was banned after ASIC found he had ...

Market Wrap - Midday

AAP  |  TUESDAY, 6 SEP 2011
The Australian dollar was lower at noon, amid quiet trading conditions as market players waited for this afternoon's interest rate decision from the local central bank. At 1200 AEST, the Australian dollar was trading at 105.27 US cents, down from Monday's ...

Rainmaker event draws global investors to Australian market

MATT WOODINGTON  |  FRIDAY, 2 SEP 2011
Global fund managers will have the chance to assess the merits of entering Australia's $1.5 trillion wealth management market at an event hosted by Rainmaker Group and Bloomberg in Singapore today. Rainmaker managing director Christopher Page and Bloomberg's ...

Opus licence decision overturned

RACHEL DAVIS  |  FRIDAY, 2 SEP 2011
The Federal Court has overturned an Administrative Appeal Tribunal's decision against the cancellation of the Australian financial services licence held by Opus Capital Limited, responsible entity for 14 unlisted property funds. ASIC's decision to cancel ...

ANZ Wealth: phone-based advisers to help with opt-in

ELISE BURGESS  |  THURSDAY, 1 SEP 2011
ANZ Wealth is rolling out phone-based advisers who will contact clients on behalf of advisers to assist in opt-in requirements and scalable advice pressures, with plans to raise planner numbers significantly. ANZ Wealth, which has the third largest ...

Market Wrap - Morning

AAP  |  THURSDAY, 1 SEP 2011
The Australian market looks set to open higher after world markets rallied on hopes the US Federal Reserve would respond to mounting signs of weakness in the global economy. At 0750 AEST on Thursday, the September share price index futures contract ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 31 AUG 2011
The Australian market looks set to open flat on Wednesday, if it follows Tuesday's local trend and after only a 20 point rise on the US market overnight. At 0719 AEST on Wednesday, the September share price index futures contract was down 14 points ...

FOFA: Government extends soft-dollar benefit ban to non-super risk insurance

ALISON BEVEGE  |  MONDAY, 29 AUG 2011
The Federal Government has extended its ban on soft-dollar benefits under the Future of Financial Advice draft legislation announced today. It will now include risk insurance outside of superannuation. The ban, scheduled to go live on July 1, 2012 ...

Industry body applauds move to define financial planners

MATT WOODINGTON  |  MONDAY, 29 AUG 2011
The government will release a public consultation paper on defining the term 'financial planner' by law, obliging advisers to prove their credentials before offering services to clients. The Treasury has drawn praise from industry bodies for announcing ...

Super funds prefer employers via clearing houses

ALISON BEVEGE  |  FRIDAY, 26 AUG 2011
Superannuation funds far prefer dealing with employer payments through separate clearing houses, a super fund technology expert said yesterday. Shane Collister, general manager for technology solutions at TelstraSuper said the fund has employers of ...