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Showing 551 - 560 of 573 results for "CEA"

ASIC acts to shut down scheme owing nearly $8m

HAMISH MADDEN  |  MONDAY, 26 MAR 2007
The Australian Securities and Investments Commission (ASIC) has commenced proceedings against a managed investment scheme which owes investors roughly $7.87 million. ASIC has taken action in the Adelaide Supreme Court to have a managed investment scheme ...

Daily economic round-up

PETER BELL  |  MONDAY, 12 MAR 2007
The US economy has continued to receive news indicating some serious danger signs as the second largest supplier of home lending facilities to those with poor credit histories, the New Century Financial Corp, has ceased making new loans and announced ...

Teach a man to fish: ANZ

A community savings program set up by ANZ and a charity group three years ago has proven that improving an individual's financial literacy has lasting benefits. The latest research has shown that Saver Plus, the matched savings program jointly developed ...

St.George to re-hire lenders as contractors

WWW.THESHEET.COM  |  TUESDAY, 15 AUG 2006
In move that would provoke uproar if applied to financial advisers, St.George Bank will offer to transition some of its non-branch mortgage sales force in Queensland, Western Australia and Victoria to independent contractors restricted to selling only ...

Market wrap - morning

AAP  |  TUESDAY, 15 AUG 2006
The share market is expected to open weaker despite a positive lead from Wall Street. On the Sydney Futures Exchange at 0753 AEST, the September share price index contract was down seven points to 4954. Today, Wesfarmers, Boral and Cochlear will release ...

Westpac warned for misleading advertising

HAMISH MADDEN  |  FRIDAY, 7 JUL 2006
Westpac Banking Corporation has been rapped over the knuckles and will review its advertising after the Australian Securities and Investments Commission (ASIC) deemed an advertising campaign misleading. The problem centres around an advertising campaign ...

GE Money to correct problematic sales practices

GE Money has given the Australian Securities and Investments Commission (ASIC) an enforceable undertaking that will see it changing its life insurance sales practices and compensating customers already affected. ASIC began investigating GE Money, one ...

ING adds non-commutable pension plan

In a bid to offer more retirement income flexibility, ING has rolled out plans to offer a non-commutable pension for people who choose to take advantage of the Government's transition to retirement (TTR) regulations. The TTR rules, which were announced ...

Funds resolve ASIC disclosure issues

Several superannuation funds have responded to ASIC's direction for improvements to disclosure documents, saying the "minor" changes have been made and no members had been disadvantaged. ASIC last week issued a statement calling on four superannuation ...

Micro venture cap fund targets consumers

A specialist micro venture capital fund targeting small investors has been formed to help fund Australian inventors in their early phases of development. The fund aims to raise $5 million over the next year which will be used to support inventors wanting ...