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Showing 6211 - 6220 of 6267 results for "DET"

ASIC gives AMP green light for demerger

The Australian and Securities and Investments Commission (ASIC) will allow AMP to proceed with its demerger offer to retail investors even though it has expressed concern at the level of information the beleaguered insurance and financial services giant ...

Administered companies still obliged to report: ASIC

The Australian Securities and Investments Commission (ASIC) has released an interim policy statement outlining the financial reporting and annual general meeting obligations of externally administered companies. PS 174 comes hand-in-hand with an ASIC ...

APRA introduces licence fees for new ADIs

The Australian Prudential Regulation Authority (APRA) has introduced licence fees of up to $68,200 for new authorised deposit-taking institutions (ADIs), general insurance companies and life insurance companies, it has announced. APRA chief executive ...

Challenger to close New Zealand retail operations

Challenger International has decided to close its New Zealand retail operations, effective June 30, following an extensive assessment of the company's existing position in that market. Challenger will also cease managing wholesale monies invested in ...

Rene Rivkin stands down as Rivkin Financial chairman

Sydney stockbroker Rene Rivkin has stood down as chairman and a director of Rivkin Financial Services. Earlier today the company stopped market trading of its shares. The move follows Rivkin's sentencing yesterday to nine months' periodic detention ...

InvestorWeb announces Virtual Broker/VisiPlan link-up

InvestorWeb (IWL) has announced that it has completed the first step in the fusing of its Virtual Broker white-label broking product to its financial planning platform VisiPlan. The integration will enable subscribers to VisiPlan and Virtual Broker ...

New home sales drop in April: HIA

New home sales fell by 7 per cent in April, the Housing Industry Association (HIA) announced today. The HIA said the overall fall in new private dwelling sales was the result of a 3% fall in detached house sales and a 22% fall in the sale of multi units. ...

ASIC defends Rivkin sentence

Australian Securities and Investments Commission (ASIC) has defended the nine month periodic detention and $30,000 fine handed down to Sydney stockbroker Rene Rivkin, saying it was a very severe sentence for someone who earns their living in the markets. ...

Rivkin gets $30,000 fine, nine months periodic detention

Sydney stockbroker Rene Rivkin has today been sentenced to nine months periodic detention and fined $30,000 for insider trading. The 58-year-old was convicted of insider trading for buying 50,000 Qantas shares just hours after hearing in April 2001 ...

Centro, Westfield request trading halts pending announcements

Listed property groups Centro Properties and Westfield Trust have both requested trading halts pending announcements to the market due to be released later today. The announcements follow the news that AMP Life has agreed to waive the controversial ...