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Showing 581 - 590 of 835 results for "Basic"

ASIC clampdown on poor business models in advice

ELISE BURGESS  |  MONDAY, 14 MAR 2011
... quality compliance resources; are poorly resourced and have inadequate dispute resolution process; and fail to comply with basic procedures like retain copies of client files "Where we see evidence of lite touch business models, we will take strong regulatory ...

Super funds urge MySuper rethink

MATT WOODINGTON  |  MONDAY, 14 MAR 2011
... officer, Prime Super, fears that under existing plans the government would need to step in at a later date and mandate a basic asset allocation to resolve the problems of a minimum fee approach. "This approach will result in basically a mandated product ...

Market Wrap - Morning

AAP  |  FRIDAY, 11 MAR 2011
... S&P 500 gave up 24.91 (1.89 per cent) at 1,295.11. The tech-heavy Nasdaq Composite fell 50.70 (1.84 per cent) to 2,701.02. Basic materials stocks like mining firms -- whose incomes are often closely tied to Chinese buying -- led the losing sectors. LONDON ...

Hitting a BRIC wall

BENJAMIN ONG  |  THURSDAY, 24 FEB 2011
... spending in emerging markets - is also beginning to erode disposable income. Higher borrowing costs and higher prices for basic commodities would, by extension, slow consumer spending, limit economic activity, weaken business sales and lower company ...

Grass greener for local bourse without SGX

MICHELLE BALTAZAR  |  WEDNESDAY, 16 FEB 2011
... changes nothing as far as the financial offer and control by Singapore are concerned," he said. Swan argues that even the basic argument that the deal would open the doors for Australian investors to tap into Asian equities is flawed. "If the ASX wanted ...

Virgin Money launches direct life insurance product

ALEX DUNNIN  |  WEDNESDAY, 16 FEB 2011
... of age. Pre-existing conditions will be subject to a five year exclusion period. Customers will be able to supplement the basic insurance deal with tailored options. Matt Baxby, managing director of Virgin Money Australia, said, "With the Virgin brand ...

Aviva Investors gains ground in Singapore

ELISE BURGESS  |  TUESDAY, 1 FEB 2011
Aviva Investors has secured a licence that allows the fund manager to offer its services in Singapore to both retail and institutional clients. "The new license basically compliments our hiring a head of equities and a head of fixed income to compliment ...

Related party asset exposures pose conflict: report

RUTH LIEW  |  THURSDAY, 20 JAN 2011
In its Annual Superannuation Bulletin this year, APRA reports on the most significant asset exposures of super funds, with some obvious, and not so obvious, findings on where potential conflicts of interest could arise. According to the report, retail ...

Developed nations raise funds for ADB

RUTH LIEW  |  THURSDAY, 20 JAN 2011
... year, ADB announced a $2.5 million grant to help Mongolia overhaul its savings and credit cooperative market and provide basic financial education nationwide, particularly for poor households. The grant is from Japan's Fund for Poverty Reduction, financed ...

Advisers must unite against AusFin

MEDIA RELEASE  |  WEDNESDAY, 15 DEC 2010
The Association of Financial Advisers (AFA) is calling on the profession to stand strong and united following the launch on 2 December of a powerful new group calling itself the Australian Financial Integrity Network (AusFin). AusFin counts amongst ...