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Showing 3811 - 3820 of 6251 results for "December 29"

SMSF establishments continue down trend

MELANIE TIMBRELL  |  MONDAY, 18 JUN 2012
Establishments of self-managed super funds numbered 7,152 in the March quarter, according to the latest Australian Taxation Office statistics, continuing the decline in numbers from the quarterly peak of 10,434 in September 2011. The latest figures ...

ASIC winds up unregistered managed investment scheme

BEN COLLINS  |  FRIDAY, 15 JUN 2012
The Australian Securities & Investments Commission has obtained orders in the Supreme Court of New South Wales to wind up an unregistered managed investment scheme operated by Secured Bond Ltd. In proceedings on 28 May 2012, the Supreme Court also made ...

Ponzi scheme operators plead guilty

LINDA HAUSKEN  |  TUESDAY, 12 JUN 2012
Brian Wood and Jimmy Truong have pleaded guilty in the Downing Centre Local Court, in Sydney, to operating a Ponzi scheme called the Integrity Plus Fund. According to ASIC, between December 2004 and December 2007 the Integrity Plus scheme raised in ...

Goodman partners with Malaysian pension fund

BEN COLLINS  |  FRIDAY, 8 JUN 2012
The Goodman Group has partnered with a Malaysian pension fund for joint investment in high-quality logistical assets, with investment in an initial Australian portfolio of approximately $400 million. There will be a combined equity commitment of $500 ...

Australian shares outperform all other asset classes

BEN COLLINS  |  WEDNESDAY, 6 JUN 2012
Australian shares have outperformed all other asset classes - including residential investment property, fixed interest and cash - over a 20 year period, according to this year's Russell Investments/ASX Long-Term Investing Report. The 14th edition of ...

Equity value - cheap or the new normal?

BENJAMIN ONG  |  WEDNESDAY, 6 JUN 2012
There must be some truth in reports that came out a few days ago, that Australians have now surpassed the Brits as the world's biggest whingers. Whinge, whinge, whinge. This went on full display right here, right now after the RBA decided to give the ...

Commonwealth FP adviser banned

LINDA HAUSKEN  |  TUESDAY, 5 JUN 2012
Australian Securities & Investments Commission has accepted an enforceable undertaking from former Commonwealth Financial Planning Limited (CFPL) employee, Joe Chan, after he was found to have failed to meet adviser obligations. Australian Securities ...

AXA IM launches corporate bond strategies

BEN COLLINS  |  MONDAY, 4 JUN 2012
AXA Investment Managers has launched a series of corporate bond strategies called SmartBeta, designed to protect portfolios from systemic and event risk and to deliver a less volatile return. The SmartBeta strategies have been designed specifically ...

ASIC highlights CFD compliance issues

BEN COLLINS  |  FRIDAY, 1 JUN 2012
The Australian Securities & Investments Commission review of client money handling and reconciliation practices has shown non-compliance by a number of issuers of over-the-counter contracts for difference and margin FX derivatives. The Australian Securities ...

APRA releases final form prudential standards

LINDA HAUSKEN  |  FRIDAY, 1 JUN 2012
The Australian Prudential Regulation Authority has released a set of prudential standards in final form, and a response paper as part of its review of capital standards for general and life insurers. The aims of Australian Prudential Regulation Authority's ...