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Showing 2811 - 2820 of 3560 results for "October 28"

Detox

BENJAMIN ONG  |  MONDAY, 24 MAY 2010
"I get knocked down But I get up again You're never going to keep me down." - Chumbawamba Phew! That was one hell of a ride wasn't it? You know what I'm talking about. Correct! Last week's financial market ups, downs, twists and turns. Five days of ...

KPMG challenges ASIC on Constitutional powers

ASIC RELEASE  |  THURSDAY, 20 MAY 2010
KPMG is challenging the Australian Securities & Investments Commission (ASIC) regarding its case on behalf of Westpoint investors because it believes the regulator's case is unconstitutional. ASIC began action against KPMG on the basis that Section ...

Death by algorithm

BENJAMIN ONG  |  FRIDAY, 7 MAY 2010
What does it take to wipe out more than US$1,000,000,000,000 on Wall Street? Punching "B" instead of "M" on your keyboard. Panic set on Wall Street overnight as the Dow went into a freefall to record its worst ever intra-day drop of 998.5 points. Was ...

Aviva boost MLC and NAB Wealth numbers

NAB RESULTS  |  THURSDAY, 6 MAY 2010
The wealth management businesses of NAB posted strong half-year figures thanks to improved markets, higher funds under management and insurance sales, and the contributions from Aviva's wealth management business in Australia. The bank's net profit ...

ASIC bans client adviser for life

ASIC RELEASE  |  THURSDAY, 22 APR 2010
The regulator has banned a Brisbane-based former client adviser, Roy Ho, from providing financial services for life. Ho, who previously worked at Tricom Futures Services, now known as Stonebridge Futures Services, admitted to using nine client trading ...

Goldman Sachs accused of fraud

SEC RELEASE  |  MONDAY, 19 APR 2010
The Securities and Exchange Commission (SEC) has charged Goldman Sachs and one of its vice presidents for fraud relating to subprime mortgages. The SEC is charging Goldman Sachs for defrauding investors by mis-stating and omitting key facts about a ...

NabInvest buys Canadian property boutique

COMPANY RELEASE  |  THURSDAY, 15 APR 2010
National Australia Bank's direct asset management business, nabInvest, has bought Presima, a global REIT boutique fund manager based in Canada. The acquisition is nabInvest's seventh deal since the business was established in October 2007 and its second ...

SMSFs take up superMate

COMPANY RELEASE  |  THURSDAY, 15 APR 2010
Supercorp Technology reported an 80 per cent take up of its superMate software among new users and confirmed that by February, over 2000 SMSFs were using the service. According to a press statement, the large take-up of the superMate software came from ...

Enviable problem

BENJAMIN ONG  |  FRIDAY, 9 APR 2010
... whatever it is, the FSIU's forecast is certainly far closer to what is likely the cycle peak of 5.8 per cent hit last October - closer than even the Federal Government's downwardly revised unemployment rate prediction of 6.75 per cent by the end of this ...

Planning firm to drop commission-based insurance advice

MICHELLE BALTAZAR  |  WEDNESDAY, 7 APR 2010
NAB-owned planning group Godfrey Pembroke has set in motion a strategy that will switch all of its planners out of providing commission-based advice on insurance and mortgages. The decision goes against common practice in the planning industry of maintaining ...

Editor's Choice

Mercer Super chief executive steps down

RIDDHIMA TALWANI
Mercer Super chief executive Claire Ross is departing after almost 17 years in senior leadership roles at the retail super fund.

AusFood Super looks to revitalise member engagement

MATTHEW WAI
The $3.5 billion super fund has partnered with InvestStream to launch RetireSmart+, becoming the first super fund to bring an AI-powered engagement experience to some 66,000 members.

L1 Group posts 'marked recovery' in June quarter

RIDDHIMA TALWANI
L1 Group has reported a marked recovery in investment performance in the June quarter.

European PE firm mandates Apostle with Australian distribution

RIDDHIMA TALWANI
Apostle Funds Management has been appointed by European investment firm Triton Partners for the distribution of its credit strategies in Australia and New Zealand.

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Since becoming chief executive, Blake Briggs has renewed the Financial Services Council's influence, expanded the membership base, and strengthened its policy and advocacy credentials. Karren Vergara writes.
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