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Investment

Investors get more from Westpoint settlement

BY ASIC RELEASE | WEDNESDAY, 19 MAY 2010 12:10PM

Investors affected by the Westpoint collapse have scored another win after ASIC reached an agreement to settle its actions against Glenhurst Corporation and its insurer, QBE Insurance (Australia), for $2.5 million.

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Editor's Choice

Pengana takes WAM feud over PIA to Takeovers Panel

KARREN VERGARA | 12:19PM

Pengana Capital Group is again attempting to thwart the Wilson Asset Management-led board's share buyback and increased ownership in the Pengana International Equities LIC (PIA), hoping the Takeovers Panel will intervene.

ASFA welcomes Rest executive to C-suite role

MATTHEW WAI | 12:05PM

ASFA has named a new C-suite appointment, set to join on September 21 from Rest to strengthen its policy implementation initiative.

WT Financial takes majority stake in TNT Advisor

RIDDHIMA TALWANI | 11:56AM

WT Financial has acquired a 70% stake in paraplanning provider, TNT Advisor Solutions (TNT), for $2.4 million.

State Super announces new board appointment

VINNY VUCAGO | 12:02PM

State Super, the SAS Trustee Corporation, has named a new member of its board, saying the appointment will add to the trustee's governance structure.

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