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Showing 4521 - 4530 of 6265 results for "DET"

Provident Capital reaffirms solvency

MELANIE TIMBRELL  |  WEDNESDAY, 20 JUN 2012
Provident Capital has reassured investors the company is solvent and that there are sufficient net tangible assets to meet its obligations following last week's action in the Federal Court by the trustee for mortgage debenture holders. On June 13 Australian ...

ALI penalised after compliance failures

BEN COLLINS  |  WEDNESDAY, 20 JUN 2012
The Australian Securities & Investments Commission has imposed additional compliance conditions on Sydney-based insurance group, Australian Life Insurance Distribution Pty Ltd for failing to comply with a number of its obligations as an Australian financial ...

Market Wrap - Midday

AAP  |  TUESDAY, 19 JUN 2012
The Australian share market was lower at noon as investors looked beyond the positive election result in Greece to an upcoming meeting of the US central bank. It is hoped that the US Federal Reserve at a meeting on Wednesday will undertake new stimulus ...

Centro settlement approved

MELANIE TIMBRELL  |  TUESDAY, 19 JUN 2012
The Federal Court in Melbourne this morning approved the $200 million class-action settlement to more than 5000 Centro investors from Centro and its former auditor, PricewaterhouseCoopers. Justice John Middleton said he found the settlement fair and ...

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 ...

PIG now officially PIGS

BENJAMIN ONG  |  TUESDAY, 12 JUN 2012
Happy Birthday your majesty... and thank you! Thank you for the three-day weekend which allowed us one-extra day of sleep in. Thank you for the extra day of rest that also meant another day of boozing. But most of all, thank you for leading us not into ...

FSS responds to Privacy Commissioner's Report

RACHEL DAVIS  |  FRIDAY, 8 JUN 2012
The trustee of First State Super has responded to the Privacy Commissioner's report into a data security breach last year, when a member was able to download the details of nearly 600 other members. Patrick Webster, First State Super (FSS) member, ex-NSW ...

Pop goes the QE

BENJAMIN ONG  |  FRIDAY, 8 JUN 2012
Party pooper. Spoilsport. Booo! One can almost taste - yes, taste - the financial markets' disappointment when dear Uncle Ben came and spoke with not even a hint that those beloved letters Q and E are in the offing. Not even a wink, wink, nudge, nudge. ...

Perpetual argues for insto outcome focus

MELANIE TIMBRELL  |  WEDNESDAY, 6 JUN 2012
Asset class specialisation may have gone too far for the current volatile environment, according to one manager, who says current asset allocation structures are too focused on diversifying at stock level rather than required outcomes. The current method ...

Local DMA providers hit back

MELANIE TIMBRELL  |  WEDNESDAY, 6 JUN 2012
Australian DMA providers in the CFD sector have warned Treasury officials over what they claim are misrepresentations being made on the use of client money to hedge positions. Australian direct market access (DMA) providers First Prudential Markets ...