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Showing 4921 - 4930 of 5260 results for "SCA"

Email scams on ASIC hitlist

The Australian Securities and Investments Commission (ASIC) has taken its efforts to stamp out consumer fraud to the next level, launching the Australasian Consumer Fraud Taskforce's campaign targetting scammers. "There seems to be a scam created to ...

China funds under pressure?

Share markets worldwide have already bounced back after their sudden declines yesterday, precipitated by China's share market fall, but the scare has prompted investors to reassess the value of China-specific funds. Up until this week China's growth ...

MetLife sells annuity business to Challenger

ALEX DUNNIN  |  WEDNESDAY, 28 FEB 2007
MetLife Insurance has entered into an agreement to transfer ownership its annuity and pension business to Challenger Life. The sale is part of MetLife's strategy to focus on its core strengths, particularly group insurance. "This transaction will free ...

Industry reports more soaring profits

NICK OLIVER  |  WEDNESDAY, 21 FEB 2007
The wealth management industry continues to scale new heights with more strong reporting results for some of the big brands for the half year to 31 December 2006. This is due largely to an increase in superannuation inflows and solid returns in the ...

BT partners to cut platform costs

HAMISH MADDEN  |  TUESDAY, 20 FEB 2007
BT has launched BT Wrap Advantage, a new initiative which will deliver improved services and efficiencies to advisers and participating fund managers and lowers platform costs for the 75,000 users of the $31 billion platform. BT has worked with 15 participating ...

LGSS paints $400m in property green

The Local Government Superannuation Scheme (LGSS) is planning to implement a Sustainable and Responsible Investment (SRI) policy across its $400 million property portfolio, a step change that other super funds could soon follow as environmental issues ...

Market wrap - morning

AAP  |  MONDAY, 12 FEB 2007
The Australian share market is expected to weaker after a poor lead from Wall Street. On the Sydney Futures Exchange at 0705 AEDT, the March share price index contract was down 27 points at 5881. In economic news today, the Reserve Bank of Australia's ...

Phoenix won't rise from $1b fraud

The court case against Phoenix, a German hedge fund that embezzled more than $1 billion from 30,000 companies and individuals draws to a close next month, two years after the fraud was uncovered. In March 2005, the German regulator BaFin shut down the ...

Agribusiness cops a caning from ATO

HAMISH MADDEN  |  THURSDAY, 8 FEB 2007
Non-forestry agribusiness managed investment schemes (MIS) are set to have their taxation position drastically altered after Assistant Treasurer Peter Dutton yesterday announced the Australian Taxation Office was preparing a new Draft Ruling on the ...

End for scheme scamming Greek community

HAMISH MADDEN  |  FRIDAY, 2 FEB 2007
An unregistered managed investment scheme has been ordered into liquidation and its directors banned from carrying on a similar business after they raised over $2.5 million from investors, predominantly from Melbourne's Greek community. The Supreme ...