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Showing 831 - 840 of 1330 results for "AFFECTED"

Advice insto ownership steps up post GFC

ALEX DUNNIN  |  MONDAY, 11 NOV 2013
One-quarter of financial advisers are in licensees that have changed ownership since the GFC and 80% of affected advisers have gone into advice groups owned by the big six bancassurance groups, reveals the 2013 Rainmaker Financial Planning Report. "The ...

ANZ praises ASIC "integrity" amid consumer complaints

LAURA MILLAN  |  WEDNESDAY, 6 NOV 2013
... institution to make a submission to the Senate inquiry and it has done so after documents revealing complaints from consumers affected by fraudulent loans. "ANZ believes that ASIC operates with a high level of integrity and focus on the public interest," ...

Law firm questions CBA compensation for Nguyen victims

LAURA MILLAN  |  WEDNESDAY, 30 OCT 2013
Law firm Maurice Blackburn has questioned Commonwealth Bank's compensation to clients affected by inappropriate advice within the bank's financial planning unit given by adviser Don Nguyen. In a submission to the Senate inquiry on the performance of ...

Pension rule changes to benefit 740,000

MARK SMITH  |  MONDAY, 28 OCT 2013
... executive Michael O'Neill said. "Now we need to make sure the deeming rate remains in line with the cash rate." Payments affected by the deeming rates include means tested payments such as the Age Pension, Disability Support Pension and Carer Payment ...

Pro bono advice for bushfire victims

LAURA MILLAN  |  FRIDAY, 25 OCT 2013
... announcement on its website, the association said it will be promoted the FPA Pro Bono Service and "encouraging people affected by the disasters who want financial advice to call the FPA to be referred to an FPA member who has registered to provide pro ...

ASIC acted only when claims hit "tsunami level"

LAURA MILLAN  |  MONDAY, 21 OCT 2013
... crescendo." While this happened, there was little information on how the damage to investors was done, how many investors were affected, or even whether the undertaking was adhered to. "It seemed to me that those at the top who should have been making ...

Centrepoint optimistic after completing AAP acquisition

LAURA MILLAN  |  TUESDAY, 8 OCT 2013
... claims and spent $4.9 million to cover the claims in relation to the performance of some of its advisers. The expenses affected Centrepoint's performance, which reported a net loss after tax of $4.2 million in financial year 2013. At the same time, the ...

Market Wrap

AAP  |  WEDNESDAY, 25 SEP 2013
... cent. In other news, agricultural chemicals and seeds supplier Nufarm announced that challenging seasonal conditions had affected its full year net profit, but it still rose by 11.6 per cent to $81 million for fiscal 2013. The company's shares were down ...

EQT outsources custody business to State Street

LAURA MILLAN  |  MONDAY, 23 SEP 2013
... State Street a week after The Trust Company refused its buyout offer. EQT's bid to acquire The Trust Company has severely affected its full year results and the company reported that the costs related to the proposal reached $1.1 million. The Trust Company ...

Surprise tapering delay boosts Australian shares

MARK SMITH  |  THURSDAY, 19 SEP 2013
... There was a tightening in financial conditions when the Fed first made the announcement about stopping QE and that really affected economic growth," he said. Elliot believes fiscal concerns and the looming debt ceiling were a significant factor in the ...