Aviva Investors receives fund management licence for Taiwan

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Aviva Investors today announced that it has received a Securities Investment Consulting Enterprise (SICE) licence for Taiwan from the Financial Supervisory Commission. The licence allows Aviva Investors to open its

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Wholesale and Retail Clients Future of Financial Advice

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1. INTRODUCTION 1.1 As part of the Future of Financial Advice (FOFA) reforms, the Government announced that it would consider the appropriateness of the distinction between wholesale and retail clients

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BetaShares launches Australia’s first currency ETF

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BetaShares U.S. Dollar ETF ASX code: USD ETF tracks performance of US$ relative to the A$ Simple structure opens up foreign exchange markets to retail investors at wholesale rates For

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BetaShares launches exchange traded funds on Australian Stock Exchange

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ASX welcomes BetaShares as catalyst for innovation and choice Initial products are a Resources Sector ETF and Financials Sector ETF Plans to launch Australia’s first Currency ETF – a US

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All Star Fund’s launches new LPT capability to fill adviser demand; rated RECOMMENDED by Zenith

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Kate Mulligan, Managing Director of All Star Funds has announced today that their new All Star Maple-Brown Abbott Listed Property Fund has been given a rating of “Recommended” by ratings

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AMP Limited reports Q3 cashflows and AUM

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AMP Limited today reported cashflows and AUM for the third quarter to 30 September 2010. Total AMP Financial Services net cashflows for the quarter were $48 million, down from $103

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ASIC consults on compensation requirements for traditional trustee company services

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ASIC has released a consultation paper inviting feedback on its proposal regarding the administration of compensation requirements for trustee companies providing traditional trustee company services (traditional services) to retail clients.

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PIMCO Wins Australian Bond Category in AFR Smart Investor Blue Ribbon Awards

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Leading bond fund manager PIMCO has won the Australian Bonds Award in the AFR Smart Investor Blue Ribbon Awards 2010. The AFR Smart Investor Blue Ribbon Awards are unique as

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ASIC bans Sydney financial adviser

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Mr Vince Aloisi of Baulkham Hills, New South Wales, has been permanently banned from providing financial services by ASIC. ASIC’s action against Mr Aloisi follows its investigation into allegations of

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ASIC recovers $24.5 million for Westpoint investors

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Westpoint investors in ASIC’s class against Glenhurst Corporation Pty Ltd (Glenhurst) are to receive their share of $24.5 million recovered to date by the Commission. The Glenhurst settlement, worth $2.5

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