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Showing 5781 - 5790 of 10709 results for "May 1997"

WAM Capital announces $100m share purchase plan

STAFF WRITER  |  MONDAY, 12 JAN 2015
Listed investment company WAM Capital has announced a $100 million share purchase plan (SPP). The SPP will be offered to existing shareholders at the fixed price of $1.90 per share. Shareholders who participate in the offer will be entitled to the 7.0 ...

AIST and Mercer launch new super tracker

STAFF WRITER  |  FRIDAY, 9 JAN 2015
The Australian Institute of Superannuation Trustees (AIST) has teamed up with Mercer to develop a "super tracker" designed to evaluate the Australian superannuation system and measure policy changes. In a joint statement the two companies said the new ...

ASIC imposes conditions on Guardian Advice

STAFF WRITER  |  WEDNESDAY, 7 JAN 2015
The Australian Securities and Investments Commission (ASIC) has imposed conditions on the licence of Suncorp-owned Guardian Advice following a surveillance which uncovered deficiencies in the advice it provided to retail clients. ASIC said the company ...

Energy Super unveils new chair

MARK SMITH  |  MONDAY, 5 JAN 2015
Energy Super has appointed a new chairman following Bob Hendricks' decision to step down after nearly two decades in the role. Deputy chair Mark Williamson will take over as the new Chairman and director Scott Wilson will step into the deputy chair ...

Independent expert lists CBA compensation challenges

LAURA MILLAN  |  FRIDAY, 19 DEC 2014
Promontory Financial Group has acknowledged that the Commonwealth Bank (CBA) program to compensate victims of bad financial advice poses a number of challenges. The independent expert has released its first report, following its appointment by CBA in ...

Santa's bargains

BENJAMIN ONG  |  MONDAY, 15 DEC 2014
"Here comes Santa Claus, here comes Santa Claus, Right down Santa Claus lane..." "Yes, Virginia, there is a Santa Claus." (The New York Sun, 21 Sep 1897). It's hard to believe too given the depressing headlines about oil's slide (and more to follow) ...

We'll underwrite when it suits us: Delaney

JAMES FERNYHOUGH  |  FRIDAY, 12 DEC 2014
AustralianSuper may act like an investment bank in underwriting future transactions, but only when it gives the fund a better deal on long-term investments, the fund's chief investment officer Mark Delaney has said. Earlier this year AustralianSuper ...

Market wrap

AAP  |  FRIDAY, 12 DEC 2014
The Australian share market is lower, pulled back by weakness among the major banks and the resources sector. CMC Markets chief market analyst Ric Spooner says ongoing concern about the falling oil price because of oversupply is hurting the resources ...

FEATURE: 2014 year in review

MARK SMITH, LAURA MILLAN, JAMES FERNYHOUGH  |  FRIDAY, 12 DEC 2014
This year has been another busy one for the financial servives industry. FoFA remained on the radar and the Financial System Inquiry has the potential to change things in a big way. The Financial Standard team takes a look at the issues that made waves ...

Royal commission must look at 'full picture': TWUSUPER CEO

JAMES FERNYHOUGH  |  THURSDAY, 11 DEC 2014
Incoming TWUSUPER chief executive Paul Sayer has questioned the motivation of the Royal Commission into Union Governance and Corruption, urging the commissioner to take a balanced view in his initial findings, which are due out on Monday. Just over ...