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| | | Breaking out from the usual tradition of failed managed investment schemes being wound up, the newly-appointed responsible entity of two Great Southern almond schemes are giving investors another option that could get them more of their capital back. ... |
| | | | ... Sydney. Ovnerud joins Russell from Rainmaker. Jake Smith will join the retail team as Russell's first business development associate (BDA). Smith will focus on delivering services to Russell's growing network of adviser relationships. |
| | | | Chris Condon, former chief investment officer of MLC, is currently applying for an Australian Financial Services License to provide investment and governance advice to institutional investors, and help them engage with asset consultants. Condon announced ... |
| | | | IOOF recorded $225 million in net inflows into its flagship products in the past six months to December last year as the group posted a 37 per cent increase in underlying net profit after tax to $47 million during the same time period. The firm's funds ... |
| | | | The QSuper Board of Trustees has appointed Marvin & Palmer Associates principal Lorraine Berends to QSuper's investment committee. Berends joins specialist committee members - Michael Rice and Ian Macoun, working with QSuper trustees, Steve Ryan, Bob ... |
| | | | The drama that unfolded five months ago, when financial planning firm Dixon Advisory helped oust the board of listed investment company van Eyk Three Pillars, culminated this week with the proposal to return capital back to shareholders. The board and ... |
| | | | Hugh Charles Gordon, the former head of Newcastle investment company Whet Investments, was sentenced to 18 months jail, for fraud. Gordon, of Redheads, New South Wales, will be released after serving eleven months but will have to enter into a recognizance ... |
| | | | ... That is, how to find enough workers to service its expanding economy. From the mouths of 'experts': Dr Nigel Stapledon, Associate Head of Economics at the Australian School of Business. "What seems clear is that the present state of the Australian economy ... |
| | | | Former property developer and mortgage broker, Samuel David Saunders, was sentenced two years and three months imprisonment with a non-parole period of 12 months after pleading guilty to seven ASIC charges. Saunders of Orange, New South Wales, was sentenced ... |
| | | | ... exclusivity agreement with AXA SA terminated on 6 February. "As the agreement has terminated, AXA SA is no longer an associate of AMP and therefore AMP is no longer a substantial holder in AXA AP," said an AMP statement. |
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