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Showing 4361 - 4370 of 5260 results for "SCA"

Investors in line for Fincorp payout

MATT WOODINGTON  |  THURSDAY, 24 MAR 2011
More than 5000 investors look set to be compensated for their losses from Fincorp Investments, after the Federal Court of Australia authorised the release of details of the compensation scheme. A proposed multi-million dollar settlement that will include ...

Chartwell dir Hoy jailed 13 yrs

ELISE BURGESS  |  THURSDAY, 24 MAR 2011
Failed Ponzi-scheme Chartwell Enterprises director, Graeme Hoy, sentenced to 13 years and nine months imprisonment after pleading guilty to 44 deception charges totalling almost $22 million. Hoy originally faced 148 counts of obtaining a financial advantage ...

Market Wrap - Morning

AAP  |  THURSDAY, 24 MAR 2011
The Australian stock market has received a positive set of leads from offshore markets, with Wall Street trading higher and oil and metals prices firmer. At 0835 AEDT, the June share price index contract was up 19 points at 4,689 points, on volume of ...

FSS and Health Super merger on track

ALISON BEVEGE  |  WEDNESDAY, 23 MAR 2011
First State Super and Health Super are on track to finalise their merger by June 30, creating one of the largest superannuation funds in Australia. Michael Dwyer, chief executive of First State Super, said the merger was progressing smoothly with 19 ...

Tightrope walker

BENJAMIN ONG  |  WEDNESDAY, 23 MAR 2011
China's economy is overheating that the People's Bank of China (PBOC) had been tightening monetary policy in order to keep inflation under control. The US economy is not growing fast enough - and measured inflation has, thus far, remained benign - that ...

AustralianSuper names former Hastings director as head of infra

ALISON BEVEGE  |  TUESDAY, 22 MAR 2011
AustralianSuper has created a new position for Jason Peasley, a former director at Hastings Fund Management. Peasley, who has more than 16 years of infrastructure investment experience, will join the superannuation giant as the Head of Infrastructure ...

Platforms bounce back after GFC

ALEX DUNNIN  |  TUESDAY, 22 MAR 2011
Platform funds under administration (FUA) by end December 2010 reached $397 billion, just below its pre-GFC $400 billion 2007 peak, meaning that as terrible as the GFC fallout was, it only set back Australia's wealth creation plans by two years. The ...

PAS mandate review completed

ELISE BURGESS  |  TUESDAY, 15 MAR 2011
Professional Associations Super (PAS) has undergone a full fund manager mandate review and adopted a new responsible framework after growing its asset base rapidly in the past two years. PAS has recorded a 36 per cent increase the last two years to ...

Advisers must justify complex products: ASIC

MATT WOODINGTON  |  MONDAY, 14 MAR 2011
ASIC will clamp down on the misuse of Managed Discretionary Accounts (MDAs) and increase scrutiny on advisers recommending capital guaranteed funds. A growing number of advisers are offering structured capital protected and capital guaranteed products. ...

New benchmarks act like analysts

ALISON BEVEGE  |  THURSDAY, 10 MAR 2011
An experimental index-filtering exchange-traded fund could one day put professional stock-pickers out of a job, the product's developer has said. Investment services firm Russell Investments has developed a series of portfolio construction tools with ...