Financial News Headlines

Planners seek CEO

February 17th, 2010

Recruiters are expected to begin an international search today for a replacement for Jo-Anne Bloch, who has resigned as CEO of the Financial Planning Association (FPA).

FPA Chairman Julie Berry does not expect anyone to be in place by Easter when Ms Bloch leaves.

“When you consider that we recruited Jo-Anne from the UK I’d say the search is likely to go as wide as is necessary,” Ms Berry told insuranceNEWS.com.au.

Ms Bloch, who has been CEO since 2006, will take up a new role in May as Member Services and Advice Leader at international consulting, outsourcing and investments firm Mercer in Australia.

Ironically, she was recruited to replace Kerrie Kelly, who switched to the Insurance Council of Australia (ICA) as CEO and recently took up a new post as Director-General of the Association of British Insurers. ICA l

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Hiring Packers and Movers in Bangalore

February 13th, 2010

There are many packing and moving service providers in Bangalore, the capital city of Karnataka. In slang words, such companies or agencies are also termed as packers and movers of simply Packers Movers. Bangalore has been emerged as one of the biggest hubs for relocation and transportation industry. The city boasts many offices of transportation and relocation service providers. Moving agencies from Bangalore are dedicated to give you comprehensive solution to all your relocation needs. Almost all the movers of Bangalore have their offices and associated in all the major cities of India helping people on their door steps. In this way, they are capable to help people from all parts of the country at their door step. Read more…

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Why your money affairs could spoil romance

February 12th, 2010

CHICAGO (MarketWatch) — One possible reason he’s just not that into you: Your weak credit score.

One-third of people said they’d wait to marry someone until that person’s credit score improved, according to a recent survey of 1,000 U.S. adults, commissioned by PayPal.

More than one-third said they would consider not marrying or moving in with someone unless he or she “makes a fair amount of money.” And 65% said they wouldn’t want to date someone with significant debt.

Personal Finance Minute

Lots of long-stemmed roses aren’t likely to sweeten financial troubles among couples. Heed these money tips.

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Mortgage broker and a developer charged in straw buyer scheme

February 12th, 2010

In the following press release Joseph P. Russoniello, United States Attorney for the Northern District of California accounced that a federal grand jury in San Francisco indicted Michael Ohayon and David Papera with conspiracy to commit bank fraud, bank fraud, and money laundering.

According to the indictment, Ohayon, 41, and Papera, 47, are alleged to have recruited thirteen straw buyers who used their good credit scores to obtain more than $19.6 million in fraudulent residential mortgage loans from Washington Mutual Bank, with no intention of making either down payments or mortgage payments on the properties.

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On-Site Search Engine Optimization Tips

February 10th, 2010

One of the very first steps you have to take in order to optimize a website for search engines is on-site search engine optimization. When most people think of SEO, things like link-building, social bookmarking, and blog commenting come to mind, but they forget that one of the most integral components of a successful SEO campaign is on-site optimization. On-site optimization consists of taking steps to ensure that your website can be crawled and indexed properly by the search engines. HTML tags, keywords, internal links, and site structure all play an important role in on-site SEO.

To make it easier for search engines to crawl your website, create a sitemap that outlines and organizes the various pages of your website. Read more…

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Elderly women suffer most with car insurance costs

February 9th, 2010

According to a recent report the demographic group that suffers most when it comes to the cost of car insurance is elderly women. Data from the insurance industry, which was recently released, has shown that from an insurance point of view elderly women are considered more dangerous behind the wheel than young men, and the higher risk is reflected in the cost of premiums charged to older female drivers.

Figures have suggested that after retirement elderly women who continue to drive could face premiums that are more than double the standard amount because of the risk based calculations that insurance companies use.

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