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Showing 5401 - 5410 of 6266 results for "DET"

Aviva offers pensioner relief after redemption freeze

MICHELLE BALTAZAR  |  THURSDAY, 30 OCT 2008
Aviva Australia has taken the extraordinary step to provide self-funded retirees and self managed super fund (SMSF) members on its Navigator platform their 'full' pension payments until the end of this year, when those payments would have been significantly ...

ATO security blunder sparks review

MICHAEL HOBBS  |  THURSDAY, 30 OCT 2008
The Australian Tax Office (ATO) is issuing more than 3,000 self managed super fund (SMSF) trustees with new tax file numbers and reviewing its security measures after it lost a CD containing highly sensitive trustee information. The tax file numbers ...

New rules for short selling

MICHAEL HOBBS  |  WEDNESDAY, 29 OCT 2008
Financial watchdog ASIC and the ASX have changed the disclosure rules on short selling, ahead of the expected lifting of the ban on shorting non-financial stocks next month. The disclosure and reporting requirements mean short selling activity on the ...

For those about to hit rock bottom, we salute you

ALEX DUNNIN  |  TUESDAY, 28 OCT 2008
The real culprit behind the global credit crunch has been formally identified as not Dr Alan Greenspan but rock band AC/DC, after the UK Guardian newspaper revealed the world goes into recession every time the aging rockers go on tour. Sending world ...

Yen caught in crossfire

BENJAMIN ONG  |  TUESDAY, 28 OCT 2008
Now it's the Japanese yen's turn. The current financial crisis that started in the US sub-prime sector and had been strangling the stock and money markets is now morphing into an exchange rate problem. Increased risk aversion and the unwinding of yen ...

Former Virgin Money execs launch Mozo

MICHELLE BALTAZAR  |  MONDAY, 27 OCT 2008
Five former executives at Virgin Money, including former head Rohan Gamble, have resurfaced in a new online financial services outfit called Mozo. Mozo, short for Money Zone, allows consumers to compare financial products online, from credit cards to ...

This too shall pass

BENJAMIN ONG  |  FRIDAY, 24 OCT 2008
'The market does not beat them. They beat themselves, because though they have brains they cannot sit tight.' (Jesse Livermore). While most of us were sleeping (those lucky enough to have their A$1 turn to A$0.80 instead of A$0.20), Wall Street was ...

PRI toolkit hits the market

MICHAEL HOBBS  |  THURSDAY, 23 OCT 2008
EIRIS and the Principles for Responsible Investment (PRI) are launching a toolkit to help signatories implement the first three principles around integration, engagement and disclosure. The EIRIS PRI Toolkit includes three tools named EIRisk, Global ...

B&B in partnership talks

RUTH LIEW  |  THURSDAY, 23 OCT 2008
Babcock & Brown is reviewing expressions of interest it received by other firms to form a potential strategic relationship. According to a statement released on the ASX today, B&B confirmed that it has undertaken a process to review the expressions ...

Three wise economists

BENJAMIN ONG  |  TUESDAY, 21 OCT 2008
Hopeful signs that the squeeze on the credit markets is beginning to loosen gave Wall Street another leg up overnight. The Dow closed 4.7 per cent higher, the S&P 500 ended 4.8 per cent up and the Nasdaq rose by 3.4 per cent at the finish. It was the ...