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Showing 5821 - 5830 of 10709 results for "May 1997"

Cormann to keep up the FoFA fight

ALICE URIBE  |  THURSDAY, 20 NOV 2014
The government will continue with its quest to push through amendments to the Future of Financial Advice (FoFA) reforms despite last night's crushing defeat in the Senate. Finance Minister Mathias Cormann told ABC Radio this morning that the government ...

Geared BetaShares ETF upgraded by Lonsec

MARK SMITH  |  THURSDAY, 20 NOV 2014
Exchange traded fund (ETF) provider BetaShares has seen its Geared Australian Equity Fund (hedge fund) upgraded to a 'Recommended' rating by Lonsec. Trading under the ASX code GEAR, the fund provides investors with a simple way to gain cost-effective ...

Market wrap

AAP  |  WEDNESDAY, 19 NOV 2014
The Australian share market is trading lower, pulled back by the big miners and major banks. Investors largely ignored gains on markets in the United States and Europe overnight, and instead fretted over lower iron ore prices. "It was concerning for ...

Van Eyk collapse brings down AWI chairman

LAURA MILLAN  |  TUESDAY, 18 NOV 2014
The chairman of Australasian Wealth Investments (AWI) has resigned in the wake of the collapse of van Eyk Research, with a replacement to be voted on at AWI's annual general meeting (AGM) in November. According to AWI, the board has asked iPac Securities ...

AFA appoints Inspire chair

LAURA MILLAN  |  TUESDAY, 18 NOV 2014
The Association of Financial Advisers (AFA) has appointed a new chair to its Inspire initiative, replacing Deborah Kent, who is now the association's president. Prominent Financial Services director Christine Swanson will lead AFA Inspire, with a mandate ...

Prosecution drops charges against Storm adviser

LAURA MILLAN  |  MONDAY, 17 NOV 2014
The Commonwealth Director of Public Prosecutions has withdrawn its charge against former Storm Financial adviser Walter John Fullerton-Smith, following the death of a key witness. Fullerton-Smith faced a charge of making a false or misleading statement ...

Super funds must justify not merging: APRA

JAMES FERNYHOUGH  |  MONDAY, 17 NOV 2014
Superannuation funds that decide not to consolidate must justify their decision to the Australian Prudential Regulation Authority (APRA) over the next year, according to APRA member Helen Rowell. Rowell said super funds need to question their own viability ...

Non-aligned licensee inquiries to rise in 2015

LAURA MILLAN  |  MONDAY, 17 NOV 2014
Independence, the flexibility to build an approved product list and cheaper, more advanced technology and platforms are encouraging more advisers to leave large licensees and strike out on their own. The big four banks and AMP have collectively seen ...

Bullish sentiment at 4-year high, expect zero return in six months

BENJAMIN ONG  |  FRIDAY, 14 NOV 2014
So far so good. The men and women of the US Federal Open Market Committee (FOMC) must be giving each other high fives (and down lows) at their success. In spite of the daily ups and downs, it appears to they've been able to wean Wall Street off of QE ...

Market Wrap AM

AAP  |  FRIDAY, 14 NOV 2014
The Australian market looks set to open slightly higher on the back of modest gains in European and US stocks overnight. The December share price index futures contract was up three points at 5,452. Wall Street and European stocks are slightly higher ...