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| | | ... 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 ... |
| | | | 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 ... |
| | | | ... 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 ... |
| | | | 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 ... |
| | | | ... include overseeing the fund's management, including its investments and ensuring the fund operates in accordance with current law and its trust deed. |
| | | | 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 ... |
| | | | ... 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 ... |
| | | | 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 ... |
| | | | 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 ... |
| | | | ... 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 ... |
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