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Showing 961 - 970 of 1331 results for "AFFECTED"

Planners prime legal targets for angry clients

ALISON BEVEGE  |  MONDAY, 18 APR 2011
... adviser was found not guilty in court, the damage is usually already done, with small independent practices the worst affected. "It has a major effect on them," he said. "The time, the bad press, the expense - even if they are proven right, it (a court ...

Trustee fury prompts SMSF compo rethink

ALISON BEVEGE  |  FRIDAY, 15 APR 2011
... association wants the law to be changed to allow compensation for their trustees as anger mounts over the Trio fraud case. Affected SMSF trustees are outraged that APRA-managed super fund members will be fully compensated while they get nothing, even ...

Market Wrap - Midday

AAP  |  TUESDAY, 12 APR 2011
... International Monetary Fund downgrade of economic growth forecasts for the United States. Another earthquake in Japan had affected sentiment on Asian markets, Mr Muller said, and investors were taking profits on Woodside Petroleum after takeover speculation ...

Planners struggle to sell practices as values fall

ALISON BEVEGE  |  TUESDAY, 12 APR 2011
... commission-based remuneration models would be more comfortable, he said. Birt said fee-for-service planning businesses would not be affected by FOFA - but there are not very many of them. "It takes a year or two to transition," he said.

Financial planners crushed by rigid ATO

ALISON BEVEGE  |  MONDAY, 4 APR 2011
... said. "That scale of penalties is absurd." Busoli said the cost of private indemnity insurance would be significantly affected unless the Federal Government did something to change the rules. It was reported that at least 50 compensation claims, many ...

AXA deal frees AllianceBernstein to target retail

MATT WOODINGTON  |  TUESDAY, 29 MAR 2011
... directly ourselves or in partnership with others." While stressing the point that existing Australian investors would not be affected by the change of management, Bargholz said that from 2012 onwards there would be a change in mandates. "There's not ...

AXA departs AllianceBernstein JV

MATT WOODINGTON  |  MONDAY, 28 MAR 2011
... ownership of the business but the "funds management relationship between AllianceBernstein Australia and AXA has not been affected." AllianceBernstein is set to make an announcement tomorrow. There has been speculation that AMP would not see fit to hold ...

Rising oil prices add to sovereign risk

ALISON BEVEGE  |  TUESDAY, 22 MAR 2011
... exported to Europe, but Bruce Robinson, convenor of the Australian Association for the Study of Peak Oil and Gas, said any affected market would push up prices across the board. Robinson called for an oil vulnerability index of superannuation funds so ...

UBS wealth mgmt to review compliance

ELISE BURGESS  |  FRIDAY, 18 MAR 2011
... financial products classified by UBS WMA as structured products. The offence, from January 2006 to 31 March 2010, also affected retail clients who invested in additional classes of financial products. As a result, ASIC investigated the actions and has ...

Fund managers on the move: S&P

MATT WOODINGTON  |  FRIDAY, 18 MAR 2011
... managers had been in the industry for more than 16 years. Proving its value, those with more than 20 years' experience affected $31.8 billion, or 57 per cent, of the funds under management invested. Departures in 2010 were spread across 27 organisati ...

Editor's Choice

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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