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Showing 31 - 40 of 76 results for "Councils"

IMF to fund claims against Lehman Asia

MARK SMITH  |  WEDNESDAY, 19 JUN 2013
... IMF has agreed to fund claims which have been filed in the High Court of Hong Kong this week on behalf of 63 churches, councils and charities against Lehman Asia. According to an announcement on the Australian Securities Exchange (ASX), the claim seeks ...

UK to consider Australia model for small pension fund mergers

MARK SMITH  |  TUESDAY, 28 MAY 2013
... Financial Times research revealed huge disparities in fees paid to fund managers. According to the UK broadsheet, some councils are paying three times as much as funds the same size elsewhere in the country and overall the most expensive funds are paying ...

Policy team reshuffles at ASFA

BEN COLLINS  |  MONDAY, 11 FEB 2013
... such as submissions and member communications, as well as management of best practice papers and support for all policy councils, working groups and advisory panels." Finally, Gordon Noble's title has been changed to director investments and the economy ...

New claimants join class action against CBA

MARK STORY  |  THURSDAY, 7 FEB 2013
... case last year - in which the Federal Court found Standard & Poor's and ABN Amro liable for advice they gave to 13 local councils that bought complex financial instruments - Banton expects this class action against CBA in relation to CDOs to take a year ...

Spain here we come

BENJAMIN ONG  |  THURSDAY, 15 NOV 2012
... the Federal Court's ruling that it, according to reports, must pay around A$30 million in costs and damages to 13 local councils for its "misleading and deceptive" rating? I would stop digging S&P... the hole's big enough.

NSW councils entitled to compo: Fed court

BEN COLLINS  |  TUESDAY, 6 NOV 2012
A federal court judge ruled yesterday that 13 NSW councils were entitled to compensation from ratings agency Standard & Poor's, investment bank ABN Amro and Local Government Financial Services (LGFS). The councils lost $16 million, or 93% of their capital ...

Vision Super chief steps down

MELANIE TIMBRELL  |  WEDNESDAY, 15 AUG 2012
... said that the current shortfall in Vision Super's legacy defined benefit obligations, which is being funded by municipal councils in Victoria was not likely to be an impediment to any future tie-ups. "Even with Equipsuper that issue was on the table ...

Vision Super issues shortfall liability notices

MELANIE TIMBRELL  |  WEDNESDAY, 15 AUG 2012
Local Victorian councils have received notification of the individual liabilities they face to cover the $400 million shortfall on a Vision Super defined benefit scheme. Each local authority's liability is determined on the number of active members ...

Vic to issue bonds to plug VisionSuper DB deficit

BEN COLLINS  |  THURSDAY, 21 JUN 2012
Victorian councils will fund a deficit uncovered in a Vision Super defined benefit fund through a special purpose bond issue backed by the state government. The Melbourne-based industry super fund, which manages funds on behalf of public sector employees ...

US Girl Scouts launch financial literacy merit badge

ALEX DUNNIN  |  THURSDAY, 17 NOV 2011
... importantly, themselves. "To ensure that girls build their new skills safely, Girl Scouts of the USA and local Girl Scout councils have developed money-earning guidelines for girls and adults to follow," said the US Girl Scouts, in their program outline. ...