Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 3321 - 3330 of 3921 results for "law"

Super still a great investment despite impact of GFC: Bowen

ALEX DUNNIN  |  WEDNESDAY, 29 JUL 2009
... still a very important investment opportunity, said Chris Bowen, minister for financial services, superannuation and corporate law. Bowen said, as trying as it is for many fund members, they need to understand that superannuation is a long term investment ...

Director to plead guilty for insider trading

ASIC RELEASE  |  WEDNESDAY, 22 JUL 2009
A former director of Lion Selection has appeared in the Melbourne Magistrate's Court to face charges of insider trading - and has indicated to the court that he would plead guilty to the charge. John O'Reilly of Twickenham, London, appeared in the Melbourne ...

Mercer Sentinel hires two

COMPANY RELEASE  |  TUESDAY, 21 JUL 2009
... Mechanical Engineering and a post graduate diploma in Mass Communication & Journalism. He is currently pursuing a degree in Law (Corporate and Finance). Matthew Heeney has also joined the Mercer Sentinel as a senior consultant to provide advice on issues ...

Local funds won't follow CalPERS lawsuit

RUTH LIEW  |  THURSDAY, 16 JUL 2009
One of the US' biggest pension funds, the $223 billion CalPERS, has filed a lawsuit against three of the world's most powerful rating agencies to claw back some of its losses from the GFC, but local super funds look unlikely to follow suit. CalPERS ...

Rio Tinto seeks super trustees

RUTH LIEW  |  WEDNESDAY, 15 JUL 2009
... include overseeing the fund's management, including its investments and ensuring the fund operates in accordance with current law and its trust deed.

ASIC lifts restrictions on intra-fund advice

MICHELLE BALTAZAR  |  FRIDAY, 10 JUL 2009
Australians can access superannuation-related financial advice more easily under regulatory changes announced yesterday, but the industry is split between those that believe ASIC's move benefits the public while others predict it's a "disaster in the ...

Timbercorp buy passes sole purpose test

RUTH LIEW  |  MONDAY, 6 JUL 2009
... breach of the sole purpose test if the deal was to be finalised, said a superannuation expert. Michael Vrisakis, partner at law firm Freehills, said First Super - an industry fund serving the furniture, pulp, paper and timber industries - would not be ...

AUSTRAC to probe anti-money laundering breaches

MICHAEL HOBBS  |  THURSDAY, 2 JUL 2009
The Australian Transaction Reports and Analysis Centre (AUSTRAC) has accepted enforceable undertakings from Barclays Bank PLC and Mega International Commercial Bank Co for breaching anti-money laundering and counter terrorism laws. An AUSTRAC statement ...

ASFA to host Communications forum and awards

RUTH LIEW  |  MONDAY, 29 JUN 2009
Next month, the Association of Superannuation Funds of Australia is hosting a communications forum and awards ceremony recognising the industry's top communication professionals. The ASFA Communications Forum & Awards will be held on 30 July at The ...

Broker gets permanent ban from ASIC

COMPANY RELEASE  |  THURSDAY, 25 JUN 2009
... documentation relating to the income protection insurance was found to be misleading and deceptive in breach of a financial services law. ASIC also found that Clough breached a financial services law by carrying on a financial services business while ...