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Showing 5911 - 5920 of 8611 results for "DIF"

ASIC civil case a dead duck: Storm founders

MELANIE TIMBRELL  |  THURSDAY, 20 SEP 2012
Lawyers for Storm founders Emmanuel and Julie Cassimatis have urged Federal Court judge John Reeves to dismiss ASIC's civil action, saying the regulator has no reasonable prospect of success in prosecuting the couple for breach of director duties. ASIC ...

APRA requirements welcomed by sector

BEN COLLINS  |  THURSDAY, 20 SEP 2012
Both sides of the superannuation sector have welcomed revised reporting standards proposed by APRA. New proposals released by the prudential regulator yesterday aim to increase the amount of data required of super funds, bringing them in line with other ...

Banks take Bell Group case to High Court

MELANIE TIMBRELL  |  TUESDAY, 18 SEP 2012
The consortium of 20 banks involved in Australia's longest-running court case is seeking leave to appeal to the High Court. The banks, led by Westpac, lost an appeal in Western Australia's Supreme Court last month on a 2008 ruling that ordered them ...

VicSuper and Vision Super in merger talks

MELANIE TIMBRELL  |  TUESDAY, 18 SEP 2012
Vision Super has begun talks regarding a potential merger with VicSuper following the collapse in May of its planned merger with Equipsuper. Barbra Norris, VicSuper chairperson, said there was strong alignment between the two funds particularly in terms ...

SuperIQ acquires Smartsuper

MELANIE TIMBRELL  |  TUESDAY, 18 SEP 2012
Self-managed super fund (SMSF) provider SuperIQ has acquired former Perpetual business Smartsuper in the latest wave of consolidation in the space. Acquisitions in the SMSF space are proving commonplace as businesses attempt to build client bases during ...

Cbus takes lead on trustee disclosure

BEN COLLINS  |  MONDAY, 17 SEP 2012
Representative bodies have welcomed a decision by construction industry fund Cbus to disclose how much it pays trustee directors and senior executives in its annual report, due out later this week. It is a move expected to be mirrored in the upcoming ...

ipac securities awards Bennelong $700m mandate

LINDA HAUSKEN  |  FRIDAY, 14 SEP 2012
ipac securities has awarded a $700 million equity mandate to Bennelong Australian Equity Partners, after a review of its manager composition in the Australian share sector. Following the review, ipac securities have transitioned the sector portfolio ...

ipac securities awards Vinva $1.2bn mandate

LINDA HAUSKEN  |  FRIDAY, 14 SEP 2012
ipac securities has awarded Vinva Investment Management a $1.2 billion active long only equity mandate, following a detailed review of its manager composition in the Australian share sector. ipac's decision to award Vinva this mandate follows breaking ...

Medcraft calls for international super benchmarking

MELANIE TIMBRELL  |  THURSDAY, 13 SEP 2012
Super funds should give members detailed information on where funds are being invested, and benchmark allocations against an international standard, ASIC chairman Greg Medcraft has said. Medcraft has previously argued in favour of detailed asset allocation ...

Concentrated portfolios can benefit HNW

BEN COLLINS  |  THURSDAY, 13 SEP 2012
Private investors who are not concerned with a deviation from global indices can benefit from a concentrated equities portfolio, said Private Portfolio Managers (PPM). "Many high net worth (HNW) and family offices find it difficult to access international ...