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Showing 4721 - 4730 of 6251 results for "December 29"

UniSuper activates fair value clause

RUTH LIEW  |  TUESDAY, 14 JUL 2009
The $21 billion UniSuper has initiated a clause that allows trustees to reduce defined benefit members' benefits - if necessary - following the GFC to provide fair value payments. UniSuper announced online on 7 July that it had decided to initiate "Clause ...

Meredith Whitney

BENJAMIN ONG  |  TUESDAY, 14 JUL 2009
Meredith Whitney is the name, don't wear it out! It took just one woman with gumption to whip Wall Street back in the right direction. US President Obama, displaying his inherent gift of the gab, was ignored. So were US Treasury Timmy Geithner and Ben ...

Perth stockbroker gets ban for life

ASIC RELEASE  |  MONDAY, 13 JUL 2009
It's not the same as Madoff's 150-year jail sentence but a WA-based stockbroker has been permanently banned from providing financial services after a $9 million fraud. ASIC has permanently banned Jonathan Kur of Dianella, Western Australia from providing ...

ASIC bans Firepower adviser

ASIC RELEASE  |  FRIDAY, 10 JUL 2009
ASIC has banned another adviser Quentin Ward from providing financial services for eight years after an investigation into his involvement in Firepower investments. ASIC banned Ward after an investigation into his dealings in the sale of Firepower Holdings ...

Pengana Asian Equities up 20pc

MICHELLE BALTAZAR  |  TUESDAY, 7 JUL 2009
Pengana's Asian Equities Long Short fund gained 22.5 per cent, net of fees, in the year to June against its benchmark's loss of 6.1 per cent - proof that even in the worst of times, fund managers that make the smart calls can deliver. Not many fund ...

Scheuber appointed QSuper chairman

COMPANY RELEASE  |  THURSDAY, 2 JUL 2009
The $22 billion QSuper has appointed Bob Scheuber as chairman of the board, along with three new trustees. Scheuber is replacing Gerard Bradley, Queensland's under treasurer who retired from his position as chairman after serving on QSuper's board of ...

Retirement platforms growing fastest

ALEX DUNNIN  |  TUESDAY, 30 JUN 2009
Eight of the ten fastest growing platforms are retirement products, confirming that the sector is fast becoming a wealth management heavyweight, reveals new research from Rainmaker. The findings are contained in the latest Rainmaker Advantage report ...

ASIC flags end-of-year signposts

RUTH LIEW  |  MONDAY, 29 JUN 2009
The financial services watchdog ASIC is calling on listed financial services companies to provide more disclosure on their 'going concern' assumptions, asset valuations and hedging arrangements when they file their 30 June 2009 financial reports. Following ...

Super assets drop to $1.03trn

ALEX DUNNIN  |  FRIDAY, 26 JUN 2009
Super fund assets have fallen to $1.03 trillion at end March 2009, their lowest level since December 2006, according to the Australian Prudential Regulation Authority (APRA). Superannuation assets are now down 17 per cent from their peak of $1.24 trillion ...

Up yours

BENJAMIN ONG  |  FRIDAY, 26 JUN 2009
See my finger? Yes, the middle one. No. The statement is not to gloat about Wall Street's overnight jump proving my call for a continuation of the equity market uptrend correct. Speaking of which, America's major stock market indexes jumped 2 per cent ...