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| | | Storm Financial founders Emmanuel and Julie Cassimatis have opened a new website to fight and defend against various claims regarding their now-collapsed business. The website, www.cassimatis.com.au, features a quote; "My crusade is to find justice ... |
| | | | HCL Technologies is promoting its solid governance and transparency practices to clients and investors to distance the firm away from the events of the Satyam Computer Services scandal. S Premkumar, HCL Technologies global head of financial services ... |
| | | | In a weekend interview on ABC Television, US National Economic Council Director Lawrence Summers said "We'll see what happens" and "We'll do what's necessary." This is one of the reasons why I've turned. For once, I believe the powers that be. There ... |
| | | | Corporate master trusts are going back to the negotiating table to cater for clients that have suffered large-scale redundancies due to the market downturn. Greg Healy, AMP's director of corporate superannuation, said that there have been cases where ... |
| | | | The Australian share market has received positive leads overnight, with the major Wall Street indices all up, precious metals and oil higher, although copper was lower. At 0821 AEDT on the Sydney Futures Exchange, the March SPI futures index was 56 ... |
| | | | Fund losses due to the GFC might reinforce the importance of consistent investment returns, but it's crucial to lift long term contribution rates and make the superannuation system as efficient as possible. Garry Weaven, chairman of Industry Funds Management ... |
| | | | The sale price and profitability of most financial planning firms have taken a turn for the worse since 2008, spurring planners to radically rethink their succession plans. John Saint, head of ipac business partnering, said planners now face the tough ... |
| | | | The FPA is rethinking how it investigates financial planning firms in the wake of the Storm scandal and urges its members to speak out more against unprofessional or unethical behaviour in the industry. Speaking from Townsville, Queensland, FPA chief ... |
| | | | Multi-manager outfit Ashton Advisors is using its partnership with top performing US-based fund manager Paulson & Co. to thrive and milk opportunities in the wake of the GFC. Ashton, which counts Paulson as one of its managers within its multi-manager ... |
| | | | AXA Asia Pacific enjoyed strong year-to-December fund flows in China, India, Thailand and Malaysia but 'new business' outside insurance slowed in Australia, New Zealand and Hong Kong. The company announced last week that due to the weak markets globally ... |
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