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| | | ... Greek Prime Minister George Papandreou can push through the additional austerity measures that European leaders and investors deem imperative if there is to be another debt rescue deal. London's benchmark FTSE 100 index of top shares closed down 2.32 ... |
| | | | A decade on, the Chapel Road v Australian Securities and Investments Commission (ASIC) battle rages on, with the NSW Supreme Court ordering ASIC to hand over documents relating to the investigation. Back in 2001 Chapel Road's AFSL was revoked when ASIC ... |
| | | | Extended relief for compulsory pension fund draw-downs, encouragement for super funds to invest in infrastructure and a reiteration of the promise to increase the super guarantee to 12 per cent were functions of a budget that commentators labeled bland. ... |
| | | | Premium Income Fund unitholders have requested regulatory bodies stop a planned capital raising, deeming the raising as 'unfair' to all unitholders. In a letter to the Australian Securities and Investments Commission (ASIC) and National Stock Exchange ... |
| | | | Derivatives trading on the Australian Securities Exchange (ASX) has reached its highest point ever, just weeks after the failed takeover bid by the Singapore Exchange (SGX). According to figures released by the ASX, the number of derivatives contracts ... |
| | | | Victims of the Trio Capital superannuation fund fraud will receive $55 million in compensation from a special levy, the Federal Government announced today. Members of four super funds formerly under the trusteeship of Trio will recover all lost funds ... |
| | | | Super funds will be keenly watching the outcome of a precedent making High Court case that has the potential to destroy a major plank of superannuation legislation, an industry body said today. Market research company Roy Morgan Research has challenged ... |
| | | | ... its three star ratings on two AMP Capital Global Infrastructure Securities funds, hedged and unhedged, were unaffected. "We deem the team of six to be adequate, at least while AMP searches for replacement analysts," said S&P. AMP Capital Brookfield was ... |
| | | | Bennelong Funds Management is liquidating one of its funds after the underlying manager, Security Global Investors (SGI), closed its global equities office following a business review by its parent company. Security Benefit, acquired by Guggenheim Partners ... |
| | | | Financial advisers who break the law could face up to five years in jail and up to $200,000 in fines, based on proposed changes to industry laws. Currently a financial adviser that is found guilty of breaching their fiduciary duty could be charged a ... |
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