04 Jul
Posted by Allison Thomas as Corporate Finance
The Association of Financial Advisers (AFA) is pushing ahead with plans to launch a national marketing campaign aimed at increasing the number of Australians who seek financial advice.
CEO Richard Klipin says the Make a Plan campaign hopes to lift the use of financial planners from the current 20% of Australians to 30% by 2014.
The AFA expects to launch the campaign in the coming months, with AFA President Brad Fox saying the association has raised half of the $2.5 million needed to launch the campaign –including $500,000 from its members.
Mr Fox says the campaign, which will involve radio, TV, magazine and electronic media advertising, will aim to convey the message that people who use planners are financially and emotionally better off.
“We’ve got to get to the deep-seated emotions and beliefs,” he said. “What’s
04 Jul
Posted by Brian Anderson as Finance Help
Heath Kennedy says the location and sweeping river view played a big role in his decision to buy a condo in Downtown’s South End.
If one word sums up the home buying process for Memphian Heath Kennedy, it’s stress. But that isn’t because Kennedy, a first-time buyer, couldn’t find a house. It’s because he did.
“I put all my eggs in one basket,” he said. “I went through a lot of adversity.”
Kennedy, a merchandise manager at Orgill Inc., knew exactly what he wanted in a home because he’d already tried out several options. For two years, he shared a Cordova house with a friend, paying rent while his friend paid the mortgage. When that friend got engaged, Kennedy started looking for a house of his own. But he wasn’t sure suburban life was for him.
“In the area of Cordova I was in, there weren’t a lot of things around,” he said.
I’m often asked during a speech if scammers ever get caught. Unfortunately, many of the scams we hear about on a daily basis originate in a foreign country, which makes it difficult to track down and prosecute the crooks.
I’m pleased to report, however, that sometimes crime doesn’t pay. In early June, a Missouri grand jury indicted two brothers who owned US Fidelis, apany that sold over 400,000 vehicle service contracts to consumers all over the country. The Better Business Bureau in St. Louis received more than 1,200plaints about thepany’s products and marketing practices, including 37 from Memphis area consumers.
Somepanies that market these contracts, sometimes called “extended warranties,” use language designed to make you believe the offer ising from the manufacturer of your vehicle and that your current warranty is about to expire — for example, “Vehicle Warranty Notice Enclosed” or “Final Warranty Notice.”
Consumers used toplain to us that they received numerous phone calls in the same day pushing these contracts.
04 Jul
Posted by Brian Anderson as Finance Help
Xstrata Copper, the red metal division of Anglo-Swiss mining group Xstrata (LSE: XTA), expects production to hit 1.5Mt/y by 2014 compared with 913,000t turned out in 2010, the division’s CEO Charlie Sartain told BNamericas.
The increase in output will come from the completion of several projects currently under construction in Chile, Peru and Australia, Sartain said on the sidelines of a ceremony to launch the division’s 2010 sustainability report.
Meeting the goal will depend on the completion of projects such as the Antapaccay deposit at the Tintaya mine, the Las Bambas greenfield project and an expansion at its 33.75%-owned Antamina, all in Peru; the current expansion projects at the Lomas Bayas operation and its 44% controlled Collahuasi mine in Chile; and from an expansion project at its Ernest Henry operation in Australia, Sartain said.
03 Jul
Posted by Allison Thomas as Corporate Finance
Conveyancing can best be depicted as the legal system through which home purchases are controlled among home sellers and purchasers. The process needs the purchaser to take a look at the home through an estate adviser should they have any wish to buy or invest in the house. Then, the interested customer can make an offer to the vendor verbally or in writing if the suggestion is made through the estate agent.
All the required agreements are manufactured by the conveyancing solicitor through proper documentation. After all parties have come to a certain agreement, the purchaser as well as the vendor may teach the conveyance lawyers to draft proper documentation Okaying the sell or buy. The main commitments of both lawyers is to control the buying and selling transactions while making sure that all laws have been adhered to before the transfer process can be started.
Fundamentally, the entire conveyancing process includes coming up with instructions to be followed by the solicitor which can sometimes be followed by other processes.