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Showing 151 - 160 of 178 results for Media Release

ASIC bans Macquarie rumourmonger

MEDIA RELEASE  |  TUESDAY, 24 MAR 2009
The Australian Investments and Securities Commission (ASIC) has banned Richard Macphillamy from providing financial services for 18 months after he spread false rumours about Macquarie Group and one of firm's products. The regulator banned Macphillamy ...

Storm subsidiary in liquidation

MEDIA RELEASE  |  FRIDAY, 20 MAR 2009
Geelong-based Victorian Families Retirement Investment Group has been placed in "provisional liquidation" after its parent company Storm Financial called in the receivers. The group was placed into provisional liquidation by the Federal Court in Brisbane ...

Ex-director banned for 25 years

MEDIA RELEASE  |  MONDAY, 16 MAR 2009
Edwin Goulding, former director of the Sydney Investment House Group (SIH Group), was banned by the Supreme Court of New South Wales from managing corporations for 25 years. Following an investigation and proceedings commenced by the Australian Securities ...

ASIC cracks down on Hafoka

MEDIA RELEASE  |  WEDNESDAY, 11 MAR 2009
... withdrawing and distributing the funds to the superannuants and agents engaged by him to assist in the unlawful early release scheme. ASIC alleges that between 1 February and 21 December 2006, Hafoka acted as an agent of Kassongo and assisted at least ...

Power to the people: Hermes

MEDIA RELEASE  |  WEDNESDAY, 4 MAR 2009
Shareholder empowerment and better governance will mark the dawning of a new era in super fund management when the GFC passes, according to Hermes Equity Ownership Services. Colin Melvin, chief executive of the world renowned Hermes Equity Ownership ...

Insurance taxes should be slashed: NIBA

MEDIA RELEASE  |  TUESDAY, 3 MAR 2009
The average household in Victoria pays as much as 50 per cent more in house and contents cover due to government-related insurance taxes, prompting an insurance industry body to call for tax reforms ahead of the bushfire royal commission. The National ...

Adviser charged for contempt of court

MEDIA RELEASE  |  FRIDAY, 27 FEB 2009
Stephen Lewis Matthews of West Pymble has been found guilty in the Supreme Court of New South Wales of contempt of court for breach of orders made by the Court in proceedings previously brought by ASIC. On 4 October 2000, Justice Santow of the Supreme ...

Tyndall share fund wins four stars

MEDIA RELEASE  |  TUESDAY, 24 FEB 2009
The Tyndall Australian Share Income Fund has been given a four star "new" rating by ratings house Standard & Poor's. According to S&P's, the Tyndall Australian Share Income Fund which is a new product designed by Tyndall Investment Management Ltd. to ...

Advisers caught for market manipulation

MEDIA RELEASE  |  TUESDAY, 17 FEB 2009
Two former client advisers have been found guilty of market manipulation following ASIC investigations. According to a statement by the Australian Securities and Investments Commission, Rocco Musumeci and Richard John Wade were yesterday handed custodial ...

PE group adopts ESG

MEDIA RELEASE  |  THURSDAY, 12 FEB 2009
US based Private Equity Council (PEC) members have agreed to integrate governance, social, health, labour and environmental issues into their investment processes. The guidelines were signed after a meeting with PEC and some of the worlds' largest institutional ...