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Showing 2461 - 2470 of 3270 results for "January 29"

Adviser charged with fraud

ELISE BURGESS  |  THURSDAY, 10 NOV 2011
A former senior adviser at Sydney firm, Noall & Co, faced charges of fraud in court this week following an ASIC investigation. James Patrick Hobson, a senior financial adviser, faced Downing Centre Local Court for allegations that he defrauded four ...

MySuper legislation introduced

ELISE BURGESS  |  FRIDAY, 4 NOV 2011
The superannuation system revamp continues with the introduction of legislation that will pave the way for MySuper. The Superannuation Legislation Amendment (MySuper Core Provisions) Bill 2011 proposes the introduction of MySuper, a low-cost default ...

Uncertainty here we come (again)

BENJAMIN ONG  |  WEDNESDAY, 2 NOV 2011
OMG! What in the effing world was he thinking? Just when we thought Europe was moving forward in the right direction, Greek Prime Minister George Papandreou had to open his mouth and announce a "referendum" on whether or not his people would accept ...

ASIC releases equity market structure paper

ELISE BURGESS  |  MONDAY, 24 OCT 2011
Submissions are now being received for ASIC's second-phase consultation paper on equity market structure issues assessing the latest developments in Australia's financial markets. Looking at proposed market integrity rules for a variety of products ...

Credit Suisse: Aus second highest average wealth in the world

CLAIRE MCGREAL  |  THURSDAY, 20 OCT 2011
Australia has the second highest average wealth in the world at US $397,000 behind only Switzerland with US $540,010. The Credit Suisse 2011 Global Wealth report, which surveyed the world's 4.5 billion adults, also revealed that Australia's median wealth ...

Market Wrap - Morning

AAP  |  MONDAY, 17 OCT 2011
The Australian market is set to open higher on Monday on optimism that eurozone leaders are finally pushing forward to resolve the debt crisis and positive US data and corporate earnings. At 0730 AEDT on the ASX 24, the December share price index futures ...

Statewide and Local enter merger due diligence

ELISE BURGESS  |  THURSDAY, 13 OCT 2011
The merger between StatewideSuper and Local Super is moving to the next stage after receiving in principle approval from the major shareholders of both funds. Chair of StatewideSuper, Nicholas Begakis, and Local Super chair, Juliet Brown, said the proposed ...

AMP appoints new CFO

RACHEL DAVIS  |  THURSDAY, 13 OCT 2011
AMP has appointed Colin Storrie as chief financial officer, replacing Paul Learning who will retire. Storrie will replace current chief financial officer (CFO) Paul Leaming effective 1 January 2012. Learning will retire at the end of the year after ...

Volcker Rule could slash Wall Street incomes 25%

ALEX DUNNIN  |  THURSDAY, 13 OCT 2011
Legislation in the US to rein in investment banks' ability for market making that goes against clients best interests, is proving to be more complicated than first thought. The proposal, known as the 'Volcker Rules', were proposed by economist and former ...

Former company director pleads guilty to dishonest conduct

CLAIRE MCGREAL  |  THURSDAY, 6 OCT 2011
A former Sydney company director faces possible jail time and a hefty fine after pleading guilty to nine charges of dishonest conduct involving investor funds worth more than $1.8 million. ASIC alleged that Simon Finnigan of Potts Point raised funds ...