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Showing 13831 - 13840 of 18281 results for "Plan"

Japan bank buys $11bn of Morgan Stanley

MICHAEL HOBBS  |  TUESDAY, 30 SEP 2008
... outlined areas for collaboration, including corporate and investment banking, retail banking and asset management. Both firms plan to establish a steering committee to enhance the benefits of the alliance. The $9 billion injection will further boost ...

AIG not impacted by bail-out failure

ALEX DUNNIN  |  TUESDAY, 30 SEP 2008
This morning's bail-out failure does not impact AIG, whose funding has already been approved and put in place. Congress this morning rejected the bail-out legislation 228 votes to 205 after two-thirds of Republican legislators dismissed the bill's pre-conditions ...

Qantas Super unveils monthly CIR

RUTH LIEW  |  TUESDAY, 30 SEP 2008
... time to time. "The CIRs will still continue to reflect, as closely as practical, to the actual investment returns of the Plan's assets after tax and expenses," said Qantas Super. This means that the CIRs can reflect both positive or negative figures ...

Market Wrap - Morning

AAP  |  TUESDAY, 30 SEP 2008
... with a huge fall, the Dow Jones Industrials Average plunging more than 770 points after the $US700 billion financial bailout plan was knocked back by Congress. The Dow dropped 777.68 points, or 6.98 per cent to 10,365.45, but the broader S&P500 collapsed ...

GESB announces key hires

MICHAEL HOBBS  |  MONDAY, 29 SEP 2008
West Australian super fund GESB hired Fabian Ross as head of wealth management and Martin Hedley as head of strategy. Prior to joining the super fund, Ross spent 18 years at the Commonwealth Bank managing the financial planning division before joining ...

ASIC suspends WA AFSL

MICHAEL HOBBS  |  MONDAY, 29 SEP 2008
The Australian Securities and Investments Commission (ASIC) suspended the licence of West Australian based Concentric Wealth Management after it found it couldn't manage it's own debt. In August Mervyn Kitay was appointed receiver manager of Cottesloe ...

AFA pilot course a success

MICHAEL HOBBS  |  MONDAY, 29 SEP 2008
Course administrators and participants have hailed the Association of Financial Advisers (AFA) inaugural FChFP Pathway Program a success. Richard Klipin, AFA chief executive, said for 11 advisers to participate in the pilot program is a great result ...

Markets are a public good: PM

ALEX DUNNIN  |  MONDAY, 29 SEP 2008
... recognised the systemic risk posed by significant financial institutions." To remedy the mess, the prime minister outlined a plan of reform that could address the unchecked systemic weaknesses. In doing this, the prime minister signalled to large scale ...

Emergency Economic Stabilization Act of 2008

BENJAMIN ONG  |  MONDAY, 29 SEP 2008
... compensation and bonuses for executives at companies that sell mortgage assets to the Treasury. Companies that participate in the plan will be prohibited from offering 'golden parachutes' to their executives. A Board composed of the Federal Reserve Chairman ...

Market Wrap - Midday

AAP  |  FRIDAY, 26 SEP 2008
... pulled back a bit after a positive open following news from the US that a $US700 billion ($A841.25 billion) financial rescue plan may be in doubt, CommSec market analyst Juliette Saly said. At 1201 AEST, the benchmark S&P/ASX200 index was up 22.6 points ...

Editor's Choice

Mercer Super chief executive steps down

RIDDHIMA TALWANI
Mercer Super chief executive Claire Ross is departing after almost 17 years in senior leadership roles at the retail super fund.

AusFood Super looks to revitalise member engagement

MATTHEW WAI
The $3.5 billion super fund has partnered with InvestStream to launch RetireSmart+, becoming the first super fund to bring an AI-powered engagement experience to some 66,000 members.

L1 Group posts 'marked recovery' in June quarter

RIDDHIMA TALWANI
L1 Group has reported a marked recovery in investment performance in the June quarter.

European PE firm mandates Apostle with Australian distribution

RIDDHIMA TALWANI
Apostle Fund Management has been appointed by European investment firm Triton Partners for the distribution of its credit strategies in Australia and New Zealand.

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