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Showing 531 - 540 of 721 results for "Class A"

Cap scrap leaves tax abuses unanswered

LAURA MILLAN  |  THURSDAY, 7 NOV 2013
The financial services industry has welcomed the removal of the self-education expense deductions, but the measure leaves concerns about taxpayers' abuse of the system unanswered. The Labor government introduced a cap of $2,000 on tax deductibility ...

CBA could face legal action over Operation Lantern

LAURA MILLAN  |  WEDNESDAY, 30 OCT 2013
The Commonwealth Bank (CBA) may have broken the law when commissioning a security firm to conduct Operation Lantern, a surveillance operation on anti-banking lobbyist Michael Fraser. Fraser was followed and photographed by private investigators from ...

Pre-retirees won't meet goals without equities

MARK SMITH  |  THURSDAY, 17 OCT 2013
Investors approaching retirement will be unlikely to meet their income needs without a reasonable allocation to equities, according to investment professionals. Traditionally, investors approaching retirement have been advised to reduce their equity ...

Aircraft leasing, an opportunity for investors

LAURA MILLAN  |  MONDAY, 30 SEP 2013
Aircraft leasing could become an opportunity for investors after a report suggested it is entering a period of strong growth. The report was commissioned by Investec Bank's Aviation Finance division and written by former Mercer global head of Alternative ...

Judge orders end of class action against WealthSure

LAURA MILLAN  |  MONDAY, 23 SEP 2013
The Federal Court of Australia has ordered the class action against WealthSure to stop, but it will allow members to continue the proceedings individually. Members of the class action were former clients of Colin James Oberg, a former WealthSure adviser ...

PIS could face class action over "inadequate" advice

LAURA MILLAN  |  THURSDAY, 29 AUG 2013
Slater & Gordon are considering a class action against Professional Investment Services (PIS) after retail investors face losses from the collapse of a Queensland olive farm investment scheme. Over 350 Australians had ploughed approximately $25 million ...

Court ruling on Storm, "a blow" to consumer action

LAURA MILLAN  |  TUESDAY, 13 AUG 2013
The Federal Court's decision to approve the appeal by the Australian Securities and Investments Commission (ASIC) on the settlement between Macquarie Bank and the victims of Storm Financial is "a serious blow to direct consumer action," the litigator ...

Macquarie and Storm victims settlement "wrong": Court

LAURA MILLAN  |  MONDAY, 12 AUG 2013
The Federal Court of Australia has determined that "a substantial wrong" occurred on May 2013 when a judged approved the settlement between Macquarie Bank and the victims of the Storm Financial fraud. The Court approved the request for appeal made by ...

Senior CBA exec puts blame on the bank for Storm disaster

LAURA MILLAN  |  THURSDAY, 1 AUG 2013
Senior Commonwealth Bank (CBA) executive Ian Bailey declared that the bank's retail division had a role in the collapse of Storm Capital in January 2009. A document detailing an examination to Bailey by the Australian Securities and Investments Commission ...

Storm claim unfair and baseless: CBA

LAURA MILLAN  |  MONDAY, 15 JUL 2013
Commonwealth Bank (CBA) has strongly reacted to the news that Storm Financial victims' lawyer will start legal proceedings against the $136 million settlement that the bank reached with the Australian Securities and Investments Commission (ASIC) last ...