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| | | ASIC has permanently banned Mark William Clough from providing financial services after conducting business without an AFSL and pocketing $43,500 of his client's funds. This follows an ASIC investigation into Clough's dealings when he operated an insurance ... |
| | | | ... Ltd releases its Superannuation FX 2009 survey. Companies holding general meetings include Laserbond Ltd, Objective Corporation Ltd, Q Ltd, Discovery Metals Ltd, Westralian Gas and Power Ltd, Mirabela Nickel Ltd, Greenland Minerals and Energy Ltd and ... |
| | | | The ASX-listed Asian Masters Fund has approached financial planning firm Dixon Advisory & Superannuation Services for a capital raising. An ASX statement noted the deal will be conducted through an issue of ordinary shares at an issue price of $1.00 ... |
| | | | ... Scully acts as a consultant at Rainmaker Group and also holds a number of directorships at ING Management, SAS Trustee Corporation and Vantage Private Equity Growth. Scully joins existing committee members Steve Gibbs, Jenny Diggle and Jarrod Brown. |
| | | | The world's ninth largest sovereign wealth fund, the $240 billion China Investment Corporation, is embarking on a recruitment spree to boost its investment teams. A statement released yesterday on the CIC website noted that they were seeking "qualified ... |
| | | | Consumer body CHOICE launched a new campaign this month calling for a ban on commission-based remuneration and other conflicted remuneration to advisers. Titled 'Financial advice: is it in your interest?' campaign, the association is attacking what ... |
| | | | State Street Corporation has been appointed by Rio Tinto to provide investment services for $8 billion in assets. State Street will provide Rio Tinto with custody, fund accounting, securities lending and investment analytics services for its Canadian ... |
| | | | Temporary residents are set to boost their super balances following ASIC's announcement to measure their super in a way that will reduce admin costs. According to a media statement by the Association of Superannuation Funds of Australia, the move will ... |
| | | | ... billion) rights issue as it scrapped its proposed $US19.5 billion ($A24.32 billion) investment deal with Aluminum Corporation of China (Chinalco). The benchmark S&P/ASX200 index rose 36.6 points, or 0.93 per cent, to 3971.2, while the broader All Ordinaries ... |
| | | | ... Melbourne Centre for Financial Studies (MCFS). Bone was until recently chief executive of the Victorian Funds Management Corporation which manages the state's $30 billion investment portfolio. Bone said this is a "challenging time for all participants ... |
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