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Showing 6431 - 6440 of 8614 results for "DIF"

Super problems to short-change retirees

ALISON BEVEGE  |  FRIDAY, 13 MAY 2011
Deep problems in the superannuation system meant Australians may not have enough money to provide for their retirement despite half-million dollar balances, an industry expert said today. In his keynote speech at the Morningstar Investment Conference ...

US inside trader hit with possible two-decade jail sentence

ELISE BURGESS  |  FRIDAY, 13 MAY 2011
A former billionaire US hedge fund player has been found guilty of a spate of insider trading charges and could be slapped with a 19.5 year jail sentence. Raj Rajaratnam, who co-founded the New York-based hedge fund management firm, Galleon Group, has ...

Equity and commodity alignment

BENJAMIN ONG  |  FRIDAY, 13 MAY 2011
"I will follow you Follow you wherever you may go..." -Ricky Nelson Why oh why does Wall Street continue to insist that rising commodity prices - particularly that of crude oil - is good for its health? Perhaps it's because today's Friday the 13th. ...

Advisers launch FOFA attack

ALISON BEVEGE  |  THURSDAY, 12 MAY 2011
Now the Budget is over financial adviser groups have come out swinging over the Future of Financial Advice (FOFA) reforms, rallying members to pressure the Government to scrap their most hated measures. The two key points adviser groups want scrapped ...

Bans hit bad planners: ASIC

ALISON BEVEGE  |  THURSDAY, 12 MAY 2011
Three financial advisers and a financial services firm are facing work bans and prosecution after separate ASIC investigations. A former financial adviser who fraudulently withdrew $600,000 from his clients' accounts has pleaded guilty in court to six ...

May day mayday

BENJAMIN ONG  |  THURSDAY, 12 MAY 2011
Rising inflation. Sagging earnings. Sliding oil price. They were the culprits! They sucker punched Wall Street down to its knees while we were sleeping. No Virginia, not again. Don't tell me that just days after the "no one can deny" good news brought ...

Macquarie top mandate catchers

ALISON BEVEGE  |  WEDNESDAY, 11 MAY 2011
Investment managers Macquarie Group won 20 new mandates last year - the most of any institution - putting it well ahead of second-placed Schroders according to the latest edition of Rainmaker's Mandate Chaser report. Schroders won 14 mandates, beating ...

Kearney Group earns top planning award

MATT WOODINGTON  |  WEDNESDAY, 11 MAY 2011
Financial planning firm The Kearney Group won the 2011 National Practice of the Year title, awarded by its licensee the dealer group Securitor. The award was presented by Securitor's head of dealer groups, Matt Englund and Westpac chief executive officer ...

Legg Mason funds plug retiree gap

ELISE BURGESS  |  TUESDAY, 10 MAY 2011
Legg Mason targets retirees with its real income and Australian equities income trust funds, changing from the 'usual' accumulation versus de-accumulation design to better accommodate advisers and their clients. Legg Mason said in their white paper ...

ASX fines broker for bad behaviour

ALISON BEVEGE  |  TUESDAY, 10 MAY 2011
The Australian Stock Exchange has imposed a $75,000 fine on broking house IMC Pacific for behaviour that left disorderly markets in two securities, including QBE shares trading at less than half of one cent, it said yesterday. The stock exchange said ...