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| | | The Federal Court has ordered the winding up of 14 companies associated with Norman Carey and the Westpoint group. Ruling on an application made by the Australian Securities and Investments Commission (ASIC), the Federal Court ordered the winding up ... |
| | | | ... and five years of 14.7 per cent, 13.1 per cent and 8.5 per cent per annum respectively. According to Andrew Keevers, associate director of research at Rainmaker, the data is again good news for most Australians on the back of continuing strong returns ... |
| | | | Investment managers will guarantee their long-term survival if they focus first on managing risks rather than returns, as good returns will almost always follow sound risk management practices. Speaking at the Investment Management Consultants Association ... |
| | | | ... similar advice, and how the quality of advice itself may vary more than it should," said the report. Andrew Keevers, associate director research at Rainmaker and author of the report, said this year's study found big changes in how funds are designing ... |
| | | | ... their wedding date, accounting firm HLB Mann Judd said a pre-nuptial agreement (pre-nup) is a must. "People tend to associate pre-nuptial or co-habitation agreements with the rich and famous, but they should be considered by anyone with assets who is ... |
| | | | According to a new survey by AIM Software, the global financial industry continues to struggle complying with Basel II, Markets in Financial Instruments Directives and the Sarbanes-Oxley Act, citing data quality as their biggest problem. The survey ... |
| | | | The Fund Executives Association Ltd (FEAL) has appointed three new directors to the board following its Annual General Meeting (AGM) last week. The new directors are Damian Hill, chief executive of REST Super, Colin McGuinness, chief executive of NGS ... |
| | | | The race for better investment returns is pushing super funds into alternatives strategies that are badly understood by some trustees, said the Australian Prudential and Regulation Commission (APRA). Ross Jones, APRA deputy chairman told the recent ... |
| | | | During November Schroders appointed Brian Scott as head of sales and Stephen Kwa as their new marketing manager and are looking to hire even more staff to expand their distribution arm. The group has been on the recruitment trail since the start of ... |
| | | | Banks may have to abandon email as a customer communication method unless an industry-wide code of practice for electronic communications is designed. Neil Campbell, chief executive officer of network security firm Network Box, said it is unfair of ... |
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