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Showing 4911 - 4920 of 7101 results for "June 2011"

Better and better

BENJAMIN ONG  |  WEDNESDAY, 2 FEB 2011
"It's getting better all the time Better Better Better It's getting better all the time Better Better Better. Getting so much better all the time." - Beatles Less than a week ago, I wrote on this space, "it's just a matter of a few sleeps till we get ...

APRA releases 2010 fund level returns

ALEX DUNNIN  |  TUESDAY, 1 FEB 2011
APRA has released its 2010 fund level data league tables, showing that measured by the controversial 'whole of fund' metric that Australia's top funds are the corporate funds Goldman Sachs, CommBank Officers and Worsely Alumina. Sitting in fourth, fifth ...

Ponzi scheme operator jailed

ELISE BURGESS  |  FRIDAY, 28 JAN 2011
The sole director of failed Melbourne-based loan and mortgage broking business, Victorian Finance Broking Services (VFBS), has been sentenced to four years and nine months imprisonment following an ASIC investigation. Hazel Bucello plead guilty to five ...

Former adviser faces fraud charges

ASIC RELEASE  |  THURSDAY, 27 JAN 2011
A former financial adviser is facing charges, including fraudulently obtaining client funds, after an investigation by the Australian Securities and Investments Commission (ASIC). Alan Leslie Brown, of Lugarno, New South Wales, has appeared on a total ...

AvSuper loses case against fund manager

RUTH LIEW  |  FRIDAY, 21 JAN 2011
A judge has dismissed super fund AvSuper's claim against Commonwealth Managed Investments Limited (CMIL) and Colonial First State Property Limited, in a case regarding the super fund's entitlements in the Commonwealth Property Hotel Fund. CMIL and Colonial ...

Related party asset exposures pose conflict: report

RUTH LIEW  |  THURSDAY, 20 JAN 2011
In its Annual Superannuation Bulletin this year, APRA reports on the most significant asset exposures of super funds, with some obvious, and not so obvious, findings on where potential conflicts of interest could arise. According to the report, retail ...

APRA report sparks fresh debate on boardroom diversity

ELISE BURGESS  |  THURSDAY, 20 JAN 2011
Three leading lights in superannuation share their views on the regulator's report released yesterday that shows the glaring absence of women on trustee boards. The Australian Prudential Regulation Authority (APRA) released findings that found licensed ...

Aust Unity boutiques cautious on year ahead

COMPANY RELEASE  |  WEDNESDAY, 19 JAN 2011
Despite seeing a relatively positive year ahead, chief investment officers of two Australian Unity Investments boutiques remain cautions, believing that managing risk is the key for equity investors in 2011. Don Williams, chief investment officer at ...

Movers and shakers of 2010

JOHN MCDULING  |  FRIDAY, 17 DEC 2010
Regulatory reforms, politics, and high profile M&A activity dominated the financial services landscape this year - Financial Standard looks back at the stories that shook up the industry this year. It was an extraordinary year in Australian politics. ...

LGsuper and City Super set merger date

ELISE BURGESS  |  MONDAY, 13 DEC 2010
The boards of LGsuper and City Super have given the green light for both funds to merge next year to create a $5 billion-plus fund with over 90,000 members. The merge will be completed by 30 June next year with an immediate focus on short-term efficiencies ...