Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 491 - 500 of 2086 results for "Australian Securities"

Challenger to raise $530m to fund further annuities growth

MARK SMITH  |  WEDNESDAY, 20 AUG 2014
... $30 million retail share placement and a $250 million convertible notes issue. In an announcement on the Australian Securities Exchange (ASX) the company said the capital initiatives will assist the achievement of step-up increases in Challenger Life's ...

Greens slam CBA executives pay rise

LAURA MILLAN  |  TUESDAY, 19 AUG 2014
... clients from 2003 to 2012. The compensation process was set up following an exhaustive Senate inquiry into the Australian Securities and Investments Commission (ASIC) prompted by cases of poor advice at CBA. The inquiry concluded that poor advice was ...

Maurice Blackburn mulls class action against Macquarie

LAURA MILLAN  |  MONDAY, 18 AUG 2014
... compensation scheme made public last Friday reproduced the same problems that the Senate inquiry into the Australian Securities and Investments Commission (ASIC) identified in Commonwealth Bank's (CBA) compensation of financial advice clients. "This ...

Magellan profits jump 71%

MARK SMITH  |  FRIDAY, 15 AUG 2014
... clients stood at $16.8 billion at 30 June. Net institutional flows were $5 billion. In an announcement on the Australian Securities Exchange, the company also highlighted that staff numbers rose by almost a fifth to 69 and told investors and analysts ...

Allan Gray funds to access mFund through OneVue

STAFF WRITER  |  FRIDAY, 15 AUG 2014
Two Allan Gray funds will be the first OneVue clients to list on the recently-launched Australian Securities Exchange (ASX) mFund. Investors will be able to access the Allan Gray Australia Equity Fund and the Allan Gray Australia Opportunity Fund. The ...

Macquarie forced to contact all advice clients for remediation

LAURA MILLAN  |  FRIDAY, 15 AUG 2014
... since it obtained its Australian financial services (AFS) license on March 1, 2004. The EU, imposed by the Australian Securities and Investments Commission (ASIC), forces Macquarie to establish a compensation process that mirrors that of Commonwealth ...

CBA dismisses Murray's concerns over vertical integration

LAURA MILLAN  |  THURSDAY, 14 AUG 2014
... corresponds to the costs of the Open Advice Review program and the new licensee conditions imposed by the Australian Securities and Investments Commission (ASIC) on CBA's Commonwealth Financial Planning and Financial Wisdom businesses. "The financial ...

Administrators fined over 'free ' SMSF set up claims

STAFF WRITER  |  TUESDAY, 12 AUG 2014
The Australian Securities and Investments Commission (ASIC)A has ordered a self-managed superannuation fund (SMSF) administration service provider to pay an infringement notice penalty after claiming its service was free. Your Super Accountant has paid ...

BetaShares partners with fifth largest US ETF provider

MARK SMITH  |  TUESDAY, 12 AUG 2014
... institutional investors. BetaShares and WisdomTree will also look to develop new products for inclusion on the Australian Securities Exchange (ASX). "Our collaboration with WisdomTree is an important milestone, opening up a large range of innovative ...

Global Wealth Partners to launch fund on ASX

MARK SMITH  |  MONDAY, 11 AUG 2014
... offering of ordinary shares in Global Wealth Partners Fund (GWP) as a first step toward listing the fund on the Australian Securities Exchange (ASX) on 26 September 2014. Sunrise co-presenter David Koch is chairman of the GWP board while former Colonial ...