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Showing 591 - 600 of 807 results for "Group of 20"

Investors lose $7m in Qld scam

ASIC RELEASE  |  THURSDAY, 18 NOV 2010
A group of Queensland-based investors learnt the hard way why they should avoid unlicensed financial advice providers after ASIC catches another $7 million scam. She was sentenced to six months imprisonment but entered into a recognisance in the sum ...

AMP closes in on AXA

RUTH LIEW  |  TUESDAY, 16 NOV 2010
Five out of six AXA Asia Pacific independent directors have approved the sale of the firm to AMP - clearing the path to a merged business with a formidable 3,000-plus adviser network and ranked third largest in platform market share. AXA APH said in ...

Trustees call to scrap MySuper

RUTH LIEW  |  THURSDAY, 11 NOV 2010
Two prominent superannuation industry experts have argued that MySuper should be axed, saying it will only worsen member complacency and completely fails to tackle the two major issues in super - engagement and adequacy. David Galbally QC, chairman ...

Fox elected AFA president

MICHELLE BALTAZAR  |  WEDNESDAY, 27 OCT 2010
Brad Fox is the AFA's newly-elected national president, taking over a two-year term alongside new vice president Adam Smith. Fox, previously on the AFA board as the representative of the GenXt (AFA's sub-group of members made up of the younger advisers) ...

Count selects Lonsec and IRESS

RUTH LIEW  |  MONDAY, 25 OCT 2010
One of Australia's largest financial planning groups, Count Financial, has replaced van Eyk with Lonsec as its new research provider, and appointed IRESS as a software partner. Grant Kennaway, general manager of research at Lonsec, said the firm will ...

ESI Super boosts advice tech

MEDIA RELEASE  |  THURSDAY, 21 OCT 2010
Industry fund ESI Super has improved the technology behind advice delivery to its members, signing up for Provisio Technologies' rapid advice delivery software. ESI Super will use the new technology to deliver defined scope advice to its members, which ...

AAT upholds ASIC adviser ban

ASIC RELEASE  |  FRIDAY, 8 OCT 2010
The Administrative Appeals Tribunal has upheld ASIC's decision to ban Joshua David Fuoco from providing financial services for five years, after he engaged in deceptive conduct, including providing defective documents to clients. ASIC banned Fuoco from ...

PAC merges with eQuant, names Greg Kirk as non-exec

JOHN MCDULING  |  FRIDAY, 1 OCT 2010
Executive search firm Primary Asset Consulting (PAC), which advises and recruits for the wealth, funds and investment banking industries announced that recruitment house eQuant had joined its group of companies earlier this week. Led by industry veteran ...

ASIC recovers $24m for Westpoint victims

ASIC RELEASE  |  FRIDAY, 17 SEP 2010
Westpoint investors in ASIC's class against Glenhurst Corporation will receive their share of $24.5 million recovered to date by the corporate regulator. The Glenhurst settlement, worth $2.5 million, is one of six reached by ASIC on behalf of investors ...

Advisers champion responsible investing

RUTH LIEW  |  THURSDAY, 16 SEP 2010
Australian financial planners can learn from their UK counterparts on socially responsible investing - as British planners, not pension funds, lead the way in ESG issues, according to an expert. Alexis Krajeski, associate director governance & sustainable ...