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Showing 5001 - 5010 of 6266 results for "DET"

Corrupt city officials face pension freeze

RUTH LIEW  |  MONDAY, 2 AUG 2010
Pension fund CalPERS has used its administrative powers to suspend the pension accounts of city officials, one of whom allegedly earned a 'secret' annual salary of US$800,000. Last week, Attorney General Edmund Brown subpoenaed hundreds of employment ...

Coalition details stance on commissions

MICHAEL HOBBS  |  THURSDAY, 29 JUL 2010
Luke Hartsuyker, shadow minister for financial services and superannuation, said the Coalition won't dictate how a financial planning client has to pay for advice but said it would not support all types of commission payments. "I believe that trailing ...

Women in Super help raise $2.1m for breast cancer

COMPANY RELEASE  |  THURSDAY, 29 JUL 2010
Australians across the country helped raise $2.1 million for research into the prevention and cure of breast cancer in this year's Women in Super Mother's Day Classic. A record number of 100,000 people took part in the 2010 national fun run/walk and ...

Inflation no show

BENJAMIN ONG  |  THURSDAY, 29 JUL 2010
RBA no go. This is the financial markets' collective verdict following yesterday's surprisingly lower-than-expected Australian inflation figures. I don't know about you but is central banking and monetary policy really as simple as this? I remember ...

BTIM to expand income boutique

MICHAEL HOBBS  |  MONDAY, 26 JUL 2010
Just under two months after being promoted to BT Investment Management's (BTIM) head of income and fixed interest, Vimal Gor, said the firm plans to hire more investment managers and launch a new range of income funds. "We're hiring a few new people ...

APRA proposals could deter overseas firms: AXA

MICHAEL HOBBS AND RUTH LIEW  |  FRIDAY, 23 JUL 2010
AXA Asia Pacific chief executive, Andrew Penn, has warned regulatory proposals from the Australian Prudential Regulation Authority (APRA) could stifle Australia's potential to become a regional financial hub. Speaking at the American Chamber of Commerce ...

Asia primed for investments

COMPANY RELEASE  |  FRIDAY, 23 JUL 2010
The oversold Euro, market valuations that reflect lowered expectations, and an expected gradual decline in volatility currently make Asia one of the best investment hot spots for Aussie investors, said Seres Asset Management. With equities markets around ...

Advice goes direct to retail shopfronts

From super funds to banks and financial planning groups, the industry is divided between those that are pinning their future growth and consumer engagement strategy through walk-in financial advice shops and those that are sticking with a more traditional ...

SEC launches new divisions to protect investors

SEC RELEASES  |  TUESDAY, 20 JUL 2010
US-based Securities and Exchange Commissions has created three specialised corporate finance divisions that will oversee large financial institutions, asset backed securities and structured products. The newly created disclosure office will expand the ...

Been there, done that

BENJAMIN ONG  |  TUESDAY, 20 JUL 2010
Wall Street's weekend may have done it some good. It left pondering the tug o' war between good company profit results and negative economic data. The Street didn't like what it saw. Investors sold... heavily. Wall Street returned last night, still ...