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Showing 411 - 420 of 721 results for "Class A"

Westpac faces class action over life insurance

KARREN VERGARA  |  MONDAY, 16 OCT 2017
Westpac is facing a class action for allegedly charging higher life insurance premiums via its network of financial planners. Shine Lawyers filed the class action against the bank and its subsidiary, Westpac Life Insurance Services, on behalf of customers ...

Proceedings filed against CBA in Federal Court

ALEX BURKE  |  MONDAY, 9 OCT 2017
Funding for the shareholder class action against the Commonwealth Bank is now unconditional and proceedings have been filed in the Federal Court, marking the beginning of one of the largest shareholder class actions in Australian history. IMF Bentham ...

FSC takes aim at complacency in super

ALEX BURKE  |  WEDNESDAY, 27 SEP 2017
The Financial Services Council has partnered with a superannuation consultancy to take aim at what it perceives as a complacent super industry. In a report developed alongside Trustee Tailored Super (TTS), the FSC makes an argument that while the world ...

Adviser demand drives new CFM strategy

ALEX BURKE  |  MONDAY, 25 SEP 2017
... alternative beta strategies by following trends in managed futures. It's split across two sets of unit classes: the first, Class A, has a 10% volatility target and a 0.6% per annum management fee, while Class B has a 15% volatility target and a 1.125% ...

Multi-member SMSFs shun risky investments: Research

EMMA RAPAPORT  |  FRIDAY, 22 SEP 2017
The greater the number of members in a self-managed superannuation fund, the more risk averse they become, according to latest research. A joint report from SuperConcepts and the University of Adelaide's International Centre for Financial Services reveals ...

ASX healthcare firm denies disclosure breach

ALEX BURKE  |  THURSDAY, 21 SEP 2017
An ASX-listed healthcare firm, currently subject to a potential class action by shareholders which include major Australian asset managers, has complied with an ASIC infringement notice because it has "more important business priorities at this time." ...

Alternatives managers celebrated at annual event

JAMIE WILLIAMSON  |  FRIDAY, 15 SEP 2017
... Macro/Futures Fund AE Capital Fully Geared USD Systematic FX Fund Best Emerging Manager Tribeca Global Natural Resources Fund - Class A units Best Market Neutral Fund Macquarie Pure Alpha Fund Best Fixed Income and Credit Fund JPMorgan Global Bond Opportunities ...

CVC to launch venture capital fund

ALEX BURKE  |  WEDNESDAY, 13 SEP 2017
... number of top quality opportunities for investment now well supported with funding possibilities; it truly makes this asset class a much more compelling proposition today than in the past." "We recognise the importance of liquidity and recycling cash ...

APRA names heavyweight panel to investigate CBA

EMMA RAPAPORT  |  FRIDAY, 8 SEP 2017
The Australian Prudential Regulation Authority appointed three highly experienced panel members to conduct an inquiry into the governance, culture and accountability frameworks of the Commonwealth Bank. Chairman of the Banking and Finance Oath, John ...

CBA class action moves forward

KARREN VERGARA  |  TUESDAY, 5 SEP 2017
IMF Bentham today announced it will formally fund an open class action against the Commonwealth Bank relating to alleged breaches of anti-money laundering and counter terrorism financing laws. The class action will consist of shareholders who purchased ...