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Showing 841 - 850 of 1331 results for "AFFECTED"

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 ...

AXA fined for poor advice in the UK

LAURA MILLAN | MONDAY, 16 SEP 2013

... many AXA sales files. "The failings were widespread across AXA's sales process for investment products and potentially affected a large number of customers, including investors who were inexperienced or may have been vulnerable." AXA will compensate ...

Accounting and advice practices likely to increase mergers

LAURA MILLAN | WEDNESDAY, 11 SEP 2013

... accounting practices is that their financial planning fees are mainly fee-for-service, which means that they are not affected by the Future of Financial Advice (FoFA) issue of grandfathering commission from investments. Birt predicted that the hostility ...

Elders to axe 10% of workforce

LAURA MILLAN | TUESDAY, 10 SEP 2013

... the group has undertaken over the previous years. It is still unclear if the Elders financial planning division will be affected by this measure, but a company statement to the Australian Securities Exchange (ASX) said that Elders will reorganise "as ...

ASIC finds hedge funds pose no systemic risk

MARK SMITH | TUESDAY, 10 SEP 2013

... appear to have adequate liquidity to meet obligations. ASIC said that hedge funds' investments have in the past adversely affected the financial system by disrupting liquidity and pricing in markets or by causing creditors to lose money. However, the ...

RBC to close Melbourne custody office

JAMES FERNYHOUGH | THURSDAY, 5 SEP 2013

... headquarters. The move is likely to affect 14 employees currently at the Melbourne office. An RBC spokesperson said all those affected will be offered to relocate to Sydney. Altogether, RBC Investor and Treasury Services employs 150 people in Australia. ...

EQT takes the hit on the battle for Trust

LAURA MILLAN | FRIDAY, 30 AUG 2013

... costs of the proposal for the acquisition of The Trust Company are of $1.1 million. "Our bottom line number has been affected by the substantial expenses associated with our bid to take over The Trust Company," EQT chairman Tony Killen said. The company's ...

Market Wrap

AAP | TUESDAY, 27 AUG 2013

... made a net loss of $860 million last financial year following major writedowns and a drop in revenue. The result was affected by $867 million in significant items, including more than $600 million in writedowns in the value of goodwill, brands and other ...

Abbott's PPL scheme to cost retirees $1.6 billion in hidden tax

JAMES FERNYHOUGH | THURSDAY, 22 AUG 2013

... miss out on tax refunds. As direct investors in shares, self-managed superannuation funds (SMSFs) will be significantly affected by this levy. While the tax is levied by esoteric means - and is quite possibly unintentional - it is by no means insignificant. ...

Suncorp Life set for overhaul after 76% profit plunge

LAURA MILLAN | THURSDAY, 22 AUG 2013

... commission structures, controlling costs and increasing the use of reinsurance. Suncorp Life claims that its results have been affected by the economic uncertainty, the regulatory changes across the industry and an increase on claims. Its lapse experience ...

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Federal Court calls out ASIC for re-running case on appeal

RIDDHIMA TALWANI

The Full Federal Court of Australia has criticised regulators for falling back on appeals to re-litigate cases on a different legal basis than the one run at trial.

Evergreen founder exits Ascalon Capital

KARREN VERGARA

Ascalon Capital has bid farewell to Evergreen Consultants' founder Angela Ashton, shortly after acquiring the consulting firm last year.

Powerhouse Ventures partners with European fund manager

KARREN VERGARA

ASX-listed Powerhouse Ventures has partnered with an unnamed European fund manager that will commit US$50 million to its fledgling Critical Infrastructure Opportunities (CIO) Fund.

KeyInvest unveils new investment platform, awards mandate

MATTHEW WAI

KeyInvest has launched a new investment platform to include a plethora of investment strategies ranging from private credit to global equities.

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