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Showing 9881 - 9890 of 10713 results for "May 2011"

Thirty dealer groups up for $300m in Westpoint recovery

Of the 75 to 100 financial advisers implicated in the Westpoint saga, class actions to recover $300 million are likely to centre on as few as 30 adviser groups, according to class action firm Slater & Gordon. Slater & Gordon's commercial litigation ...

Count to include equity release on approved list

Financial planning group Count Financial will include equity release products on their approved list, aimed at the growing number of retirees nicknamed the MERLOTs and SKI-ers. Retirees of the 'More Equity Release - Lots more' (MERLOTs) and 'Spending ...

SG is a tax: Tax Inquiry

The just-announced tax inquiry may lead to the unthinkable - an attack on the 9 per cent Super Guarantee (SG). Treasurer Peter Costello has just announced a broad review of taxation in Australia so the government can get clear figures comparing our ...

FPA and ASIC warn consumers to defend against fraudsters

The Financial Planning Association (FPA) has warned Australians to check that their adviser is licensed, while the Australian Securities and Investments Commission (ASIC) has launched a free e-newsletter to arm investors with information about fraudulent ...

GPen to flex muscle on pension admin software

IT solutions minnow GPen expects to receive fresh capital to fund its expansion after listed group Monteray expressed interest in buying 100 per cent of the group. Monteray has been a long time shareholder of GPen with an existing stake of 36.34 per ...

CBA's new chief information officer has big ambitions

Commonwealth Bank (CBA) has hired a new chief information officer with a brief to integrate the bank's funds management jumble of legacy systems. CBA yesterday said it hired Michael Harte as its new chief information officer. Harte is currently CIO ...

Macquarie Pro Series takes off with Concord Capital

Macquarie Professional Series is due to launch a nationwide roadshow next week, trumpeting the arrival of Concord Capital as the fifth of their chosen funds management partners. Talking about the solid success of the Macquarie Professional Series to ...

ASIC moves forward with reverse mortgage calculator

With the proliferation of reverse mortgages, ASIC has launched a calculator to assist older Australians who are considering a reverse mortgage option. Mindful of the significant increase in reverse mortgage products now on the market - from three up ...

Daily economic update

New US Fed Chairman Ben Bernanke delivered his first public testimony before the House Financial Services Committee last night. In it, he noted that despite challenges, the US economy is growing at a solid pace. Mr. Bernanke indicated that 'some' additional ...

Agribusiness commissions "too high"

The Australian Agribusiness Group (AAG) has called on the industry to reduce commissions charged for agribusiness projects, which can sometimes be as high as 15 per cent. "Today, commissions of 10 per cent to 15 per cent plus rebates for marketing activities ...