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Showing 7341 - 7350 of 10710 results for "May 1997"

FOFA will pass: Shorten, FPA

ELISE BURGESS  |  FRIDAY, 18 NOV 2011
Minister for Financial Services and Superannuation Bill Shorten and the FPA agree that the FOFA reforms will pass through parliament, with the Minister urging planners to embrace change as a necessary survival tool for the betterment of the industry. ...

Instos embrace low volatility equity portfolios

ELISE BURGESS  |  THURSDAY, 17 NOV 2011
Low-volatility equity portfolios may be the answer to some institutional investor prayers, according to AllianceBernstein's head of quantitative research, with strength in downside protection balanced with trending upward markets. Kent Hargis, AllianceBernstein's ...

Investors at risk of disengaging from advice

RACHEL DAVIS  |  THURSDAY, 17 NOV 2011
A new survey has found that some investors who currently have a financial adviser are increasingly disengaged with the value of financial advice, with younger investors among the most dissatisifed. The Lifeplan ICFS Financial Advice Satisfaction survey ...

ASIC cancels South Australian financial services licence

CLAIRE MCGREAL  |  THURSDAY, 17 NOV 2011
ASIC has cancelled the financial service license of Adelaide based firm Mark Power Financial Ltd, along with the license of its responsible manager Mark Raymund Power. The move follows concerns Mark Power Financial (MPF) didn't comply with ASIC's obligations ...

Europe push-US pull

BENJAMIN ONG  |  THURSDAY, 17 NOV 2011
Obama in Australia may be providing us, Australians, a bit of a sideshow but for global financial markets, the game hasn't changed. It continues to be one that could be characterised as Europe pushed-US pulled. Europe pushed. Fears of a debt contagion ...

AXA Gorilla to retire

ALEX DUNNIN  |  WEDNESDAY, 16 NOV 2011
The financial quarter of the social media sphere is to lose one its most endearing characters with the announcement that AXA Equitable's gorilla is following his own advice and is about to retire. "The 800lb gorilla has spent a lifetime 'in the room,' ...

Reverse contagion

BENJAMIN ONG  |  WEDNESDAY, 16 NOV 2011
The Grinch may be stealing Xmas from Europe but Santa Claus is coming to town in America. Yes folks, we're still so many sleeps away from the 12 days of Christmas but I'm already on Christmas countdown - I'll explain why later. And yes to you too gentle ...

ASIC investigations lead to charges, interim orders

CLAIRE MCGREAL  |  TUESDAY, 15 NOV 2011
A Perth stockbroker has pleaded not guilty to more than 10 fraud charges, but guilty to a charge of dishonestly using his position as an employee at his former workplace. Jonathan Kur, who was an authorised representative for Hogan and Partners Stockbrokers ...

Macquarie Specialist Investments launches Macquarie Step

CLAIRE MCGREAL  |  MONDAY, 14 NOV 2011
Macquarie Specialist Investments has launched a new investment solution for investors currently invested in cash but now looking for the potential to receive improved returns. Macquarie Step gives investors access to sharemarket growth opportunities ...

Morgan Stanley slapped with US $1 million fine

CLAIRE MCGREAL  |  MONDAY, 14 NOV 2011
Global financial services giant Morgan Stanley has been hit with a US $1 million fine by the US financial regulator for excessive markups and markdowns on corporate and municipal bonds. The Financial Industry Regulatory Authority (FINRA) has also ordered ...