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Showing 1991 - 2000 of 2994 results for "February 26"

M&A drives SFG double digit growth

LAURA MILLAN  |  THURSDAY, 29 AUG 2013
Mergers and acquisition activity during recent months have deliveredA double digit earnings growth for SFG Australia. SFG saw a 15% increase on its operating earnings before interest, taxes, depreciation and amortisation (EBITDA) to $48.1 million for ...

Future Fund denies wrongdoing in Perth Airport deal

MARK SMITH  |  TUESDAY, 27 AUG 2013
The Future Fund will oppose a preliminary discovery application lodged by AustralianSuper, denying any liability for the damages incurred by Australia's largest super fund during its acquisition of a shareholding in Perth Airport Development group. ...

Gunns chairman avoids jail for insider trading

MARK SMITH  |  FRIDAY, 23 AUG 2013
Former Gunns chairman John Eugene Gay has avoided jail and instead been fined $50,000 and banned from managing a corporation for five years. Gay is the most senior executive to be convicted of insider trading in Australia and pleaded guilty to the crime ...

Wealthsure adviser guilty to criminal charges

LAURA MILLAN  |  WEDNESDAY, 21 AUG 2013
Former WealthSure financial adviser has pleaded guilty to 22 criminal charges following an Australian Securities and Investments Commission (ASIC) investigation. Appearing in the Sydney District Court, Brian William Veitch, formerly of Minto, New South ...

AFS advisers denied access to brokerage account

LAURA MILLAN  |  WEDNESDAY, 14 AUG 2013
The Federal Court of Australia has denied access by former Australian Financial Services Group (AFS) advisers to the money in a brokerage account of the group, which would pay for some of the money owed to advisers. The account holds about $1.9 million ...

ASIC brandishes whip on dark liquidity and HFT

JAMES FERNYHOUGH  |  TUESDAY, 13 AUG 2013
Dark liquidity and high frequency trading (HFT) will be subject to new regulation after the Australian Securities and Investments Commission (ASIC) announced its new market integrity rules. ASIC Commissioner Cathie Armour said the new rules will improve ...

ASIC admits Commonwealth FP investigation was "not adequate"

LAURA MILLAN  |  MONDAY, 5 AUG 2013
Communication with the whistleblowers who revealed poor practices within the Commonwealth Bank Financial Planning (CFP) unit was inadequate the Australian Securities and Investments Commission (ASIC) has admitted. ASIC recently submitted a 18-page document ...

Advisers warned to check pension start dates after new ruling

MARK SMITH  |  MONDAY, 5 AUG 2013
Advisers have been warned to pay closer attention to pension start dates following a tax office ruling explaining when a superannuation income stream commences and when it ceases, and consequently when a superannuation income stream is payable and taxable. ...

Credit Suisse Asia Pac private banking chairman steps down

MARK SMITH  |  MONDAY, 29 JUL 2013
Credit Suisse chairman of private banking for the Asia Pacific region Marcel Kreis has stepped down from his role this month, the financial services company has confirmed. Kreis joined Credit Suisse in February 2007 as head of private banking for Asia ...

ASIC winds up insolvent derivatives issuer

MARK SMITH  |  TUESDAY, 9 JUL 2013
The Australian Securities and Investments Commission (ASIC) has obtained orders in the Federal Court to wind up Sydney-based derivatives issuer Apex Derivatives. Apex promoted trading in forex and contracts for difference (CFD) derivatives via its website. ...