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Showing 5141 - 5150 of 6266 results for "DET"

Optimism may not be enough

BENJAMIN ONG  |  WEDNESDAY, 11 NOV 2009
Flat. This was how Wall Street ended while we were sleeping after climbing non-stop for six straight days. With the investment environment still fluid, investors decided last night to exchange some of their paper profits on equities and commodities ...

Cooper stalls APRA data review

ALEX DUNNIN  |  TUESDAY, 10 NOV 2009
The launch of the Cooper Review has done what 18 months of lobbying by retail interest groups and dozens of academic and rebuttal papers couldn't - it forced a halt to APRA's review of its superannuation statistics. In a statement issued late last week ...

Govt selects Medicare to run national clearinghouse

MICHELLE BALTAZAR  |  FRIDAY, 6 NOV 2009
Industry bodies have welcomed the government's move to provide a free superannuation clearinghouse system for small businesses through Medicare - but questions arise whether the healthcare agency is the right choice or a rushed decision. Superannuation ...

EQT and Schroder get ratings upgrade

COMPANY RELEASE  |  TUESDAY, 3 NOV 2009
The EQT PIMCO Wholesale Diversified Fixed Interest fund was upgraded from four stars to five stars while Schroder Fixed Income fund's rating was also changed from three to four stars following a sector review by Standard & Poor's. The fixed interest ...

PIS to pay $5.9m to Westpoint investors

ASIC RELEASE  |  MONDAY, 2 NOV 2009
The Federal Court of Australia has approved the settlement of an ASIC-initiated compensation claim to PIS clients who were advised to invest in failed Westpoint Group - ordering PIS to pay $5.9 million to these clients. The court approved a distribution ...

S&G settles claims for CBA Storm clients

COMPANY RELEASE  |  FRIDAY, 30 OCT 2009
Slater & Gordon has settled claims against the Commonwealth Bank of Australia on behalf of more than 50 clients who borrowed from the bank to invest in schemes promoted by the failed Storm Financial. In a legal first the claims were settled using the ...

Macq reveals exec pay proposal

MICHAEL HOBBS  |  FRIDAY, 30 OCT 2009
Macquarie Group capped off the half-year with a string of major acquisitions and more detail on their proposed remuneration structure first flagged in March. In describing their plan to continue their transformation from investment bank to a properly ...

Back on the road again

BENJAMIN ONG  |  FRIDAY, 30 OCT 2009
Three cheers for the US economy! Hip, hip...hooray! Hip, hip...hooray! Hip, hip... Last night it became official - the US economy was reborn, growing by a better-than-expected 3.5 per cent annualised in the third quarter. Note that I didn't say out ...

Planner software innovations to pressure platforms

COMPANY RELEASE  |  WEDNESDAY, 28 OCT 2009
The heat is on for planning software providers to cater for advisers searching for more competitive alternatives to the marketplace's normal offerings from the main platform providers, said an industry expert. Gundeep Sidhu, managing director of AdviserLogic ...

Budget, what budget?

MICHELLE BALTAZAR  |  FRIDAY, 23 OCT 2009
Financial planners will struggle to get many Gen-Yers to follow financial advice after yet another study found one in four have never budgeted in their life and, even when they do, it's to blow the lot on a holiday. St. George Bank commissioned a study ...