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Showing 631 - 640 of 819 results for "Settlement"

Divorcing super

ELISE BURGESS  |  MONDAY, 20 SEP 2010
... if the investment is sold in future. There are no capital gains on investments transferred as part of a family law settlement," said Colley.

ANZ to compensate Storm victims

RUTH LIEW  |  MONDAY, 20 SEP 2010
... waive any interest accruing on relevant ANZ loans held by customers while they take part in the resolution scheme. "The settlement process will investigate the strength of each claim, review ANZ's lending decisions and consider the customer's current ...

ASIC recovers $24m for Westpoint victims

ASIC RELEASE  |  FRIDAY, 17 SEP 2010
... Glenhurst Corporation will receive their share of $24.5 million recovered to date by the corporate regulator. The Glenhurst settlement, worth $2.5 million, is one of six reached by ASIC on behalf of investors in the Westpoint Group seeking compensation ...

ASIC reaches sixth Westpoint settlement

ASIC RELEASE  |  WEDNESDAY, 15 SEP 2010
ASIC has reached another Westpoint settlement, this time against Barzen Pty Ltd (formerly Dukes Financial Services) and Joseph Dukes for $1 million. The settlement is subject to the approval of the Federal Court. If approved by the court, the Dukes' ...

Ipac boosts insurance-related investments

MICHELLE BALTAZAR  |  WEDNESDAY, 18 AUG 2010
Ipac Asset Management plans to have as much as a 25 per cent allocation within its alternatives growth portfolio devoted to insurance-related investments, and backs the strategy with a $50 million seed investment into a newly-launched catastrophe insurance ...

Frozen fund investors get $36m settlement

COMMERCE COMMISSION RELEASE  |  THURSDAY, 22 JUL 2010
New Zealand investors in two frozen funds by ANZ and ING (NZ) stand to benefit from a $36 million (NZ$45 million) settlement fund arranged by the regulator after both funds breached marketing material compliance rules. In its largest monetary settlement ...

ASX appoints chief risk officer

MICHAEL HOBBS  |  WEDNESDAY, 21 JUL 2010
The Australian Securities Exchange (ASX) has appointed Alan Bardwell as chief risk officer to enhance the firm's oversight over its clearinghouse and settlements business. Bardwell has worked at the ASX since December 2006 as chief financial officer ...

US pension funds get $800m from class action

MEDIA RELEASE  |  MONDAY, 19 JUL 2010
Three Ohio pension funds have won a $840 million settlement from AIG after the insurer agreed to settle claims of accounting violations and stock price manipulation, in the tenth-largest securities class action settlement in U.S. history. Ohio Attorney ...

Goldman Sachs pay $620m to settle SEC lawsuit

SEC RELEASE, BLOOMBERG  |  FRIDAY, 16 JUL 2010
... while Paulson & Co. pocketed almost $1 billion, the SEC noted. This has led to the more than half a billion dollar settlement, the largest penalty ever assessed against a financial services firm in the SEC history, said Robert Khuzami. "This settlement ...

Saved by BP and Goldman

BENJAMIN ONG  |  FRIDAY, 16 JUL 2010
... scripts rose by 4.4 per cent first on speculation that the Securities and Exchange Commission (SEC) would announce a settlement of its fraud case. The SEC did after the closing bell. In settling the fraud charges, Goldman agreed to pay US$550 million ...