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Showing 5891 - 5900 of 10774 results for "May 19"

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The Commonwealth Director of Public Prosecutions has withdrawn its charge against former Storm Financial adviser Walter John Fullerton-Smith, following the death of a key witness.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 ...

New Fortnum advice business targeting accountants

MARK SMITH  |  WEDNESDAY, 12 NOV 2014
Independently-owned advisory firm Fortnum Financial Group has launched a new business targeting accountants aiming to become licenced to provide financial advice. Fortnum Professional Strategies will provide class of product licensing as well as education ...

Conditions and confidence collide

BENJAMIN ONG  |  WEDNESDAY, 12 NOV 2014
"Clearly the most surprising feature of the Survey was the sharp jump in business conditions in October (the largest monthly increase in the history of the survey)." This was the first sentence in the 'Key Points' of the NAB Monthly Business Survey ...

TAL lobbies for annuity regulation change

LAURA MILLAN  |  TUESDAY, 11 NOV 2014
Life insurer TAL has argued in favour of regulatory changes to income stream products in a detailed response to the Treasury's 'Review of retirement income stream regulation' discussion paper. TAL said that regulation "should be broadened to enable ...

Gold Coast advice firm enters EU over misleading ads

LAURA MILLAN  |  TUESDAY, 11 NOV 2014
Gold Coast-based financial planning and property management business Equanimity Concepts has entered into an enforceable undertaking (EU) with the Australian Securities and Investments Commission (ASIC). The regulator found that from January 2012 to ...

Scale not what it used to be

STAFF WRITER  |  TUESDAY, 11 NOV 2014
The SelectingSuper awards shortlist for 2014 shows that scale isn't the factor it once was. The 2014 SelectingSuper awards are on again next week in Melbourne and an analysis of the shortlisted finalists shows that boutique and mid-sized funds make ...