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Showing 791 - 800 of 1330 results for "AFFECTED"

CBA, ASIC unveil details of new compensation scheme

LAURA MILLAN  |  FRIDAY, 8 AUG 2014
... financial planning businesses. At the time, ASIC acknowledged that CBA had failed to develop upfront communication with the affected clients, to advise them in their concerns, to inform that there would be a review of the advice previously provided to ...

Van Eyk suspends redemptions on Blueprint funds

LAURA MILLAN  |  THURSDAY, 7 AUG 2014
... redemptions," the company said. Three additional funds in the Blueprint Series, with an exposure to VBI, have also been affected by the temporary suspension: the van Eyk Blueprint Capital Stable Fund (2.5% exposure), van Eyk Blueprint Balanced Fund (4.78%) ...

RBA leaves interest rates on hold

AAP  |  TUESDAY, 5 AUG 2014
... little below trend over the year ahead", Mr Stevens said. He noted that recent data showed an increase in inflation, affected by the decline in the exchange rate last year. "But growth in wages has declined noticeably and is expected to remain relatively ...

Claims against advice arm have no factual basis: Macquarie

LAURA MILLAN  |  MONDAY, 4 AUG 2014
... that ASIC did not, until recently, fully understand how the CBA was implementing its compensation schemes for clients affected by the CFPL scandal, the committee doubts ASIC is fully aware of the Macquarie business and remediation process," the report ...

Macquarie rebukes advice, compliance concerns

LAURA MILLAN  |  TUESDAY, 8 JUL 2014
... that ASIC did not, until recently, fully understand how the CBA was implementing its compensation schemes for clients affected by the CFPL scandal, the committee doubts ASIC is fully aware of the Macquarie business and remediation process," the Committee ...

Market Wrap

AAP  |  TUESDAY, 8 JUL 2014
... to 9,906.07 compared with Friday's close. Official data showed German industrial output contracted in May after being affected by the number of public holidays. Data showed industrial production in the eurozone's largest economy declined by 1.8 per cent ...

CBA boss to be grilled on Senate report

AAP  |  THURSDAY, 3 JUL 2014
... chairman, retiring Labor senator Mark Bishop, said CBA failed to open its books and fully identify the number of clients affected and those entitled to compensation. He said the bank's focus was on downplaying the extent of wrongdoing and minimising ...

Inquiry sees spike in demand for legal action against CBA

LAURA MILLAN  |  WEDNESDAY, 2 JUL 2014
... start a class action against Commonwealth Bank's (CBA) financial planning businesses have seen a spike in the number of affected consumers willing to join the legal cause. Maurice Blackburn principal John Berrill and Shine Lawyers solicitor Sasha Ivantsoff ...

OC Funds Management rebrands under Copia umbrella

MARK SMITH  |  WEDNESDAY, 2 JUL 2014
... investors in the OC Premium Small Companies Fund, the OC Dynamic Equity Fund and the OC Concentrated Equity Fund will not be affected in any way. Copia currently has around $560 million in funds under advice but capacity for up to $13 billion, the group ...

Market wrap

AAP  |  MONDAY, 30 JUN 2014
... the economy or are doing a bit of profit taking." He said investors were cautious after soft consumer spending in May affected retailers. TD Securities-Melbourne Institute's will release its inflation gauge for June and the Housing Industry Association ...