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Showing 6511 - 6520 of 10707 results for "May 2012"

APRA accepts enforceable undertakings from five former Trio directors

ALICE URIBE  |  THURSDAY, 4 JUL 2013
The Australian Prudential Regulation Authority (APRA) has accepted enforceable undertakings from former Trio Capital Limited (Trio) directors Cameron Anderson, Michael Anderson, Terrence Hallinan, Lorenzo Macolino and John Harte. Trio was formerly the ...

Fund chief calls for cap on super lump sum payments

JAMES FERNYHOUGH  |  THURSDAY, 4 JUL 2013
As more and more people approach retirement, there is a growing need to reform the way superannuation is paid out. Part of this may mean putting a cap on lump sum payments, according to MTAA Super chief executive Leeanne Turner. Adressing an audience ...

Retirees warned: beware the 'great rotation'

JAMES FERNYHOUGH  |  THURSDAY, 4 JUL 2013
A global move from bonds to equities could see Australian retirees swimming against the current, according to a new paper by AXA Investment Managers (AXA IM). The paper, entitled 'The Great Rotation', analyses the potential for a mass global move from ...

Former ING DIRECT BDM joins EBX

MARK SMITH  |  THURSDAY, 4 JUL 2013
Former ING DIRECT national business development manager Carolan Ibbotson has joined Endowment Bond Exchange (EBX) as senior business development manager. Ibbotson will manage the marketing of Endowment Bond Exchange to advisory practices in Queensland ...

ACCC postpones Perpetual and Trust merger ruling

MARK SMITH  |  THURSDAY, 4 JUL 2013
The Australian Competition and Consumer Commission (ACCC) has delayed making a decision on Perpetual's proposed takeover of The Trust Company to allow Perpetual to provide it with extra information. The decision date was previously slated for 11 July ...

Trust expects buyout talks to impact profit

LAURA MILLAN  |  WEDNESDAY, 3 JUL 2013
The Trust Company has reported a profit from March 2012 to August 2012, but it expects the talks of an acquisition from Equity Trustees (EQT) or Perpetual to have an impact on profit. The Trust Company financial held yesterday an annual general meeting ...

Market Wrap AM

AAP  |  WEDNESDAY, 3 JUL 2013
The Australian market looks set to follow Wall Street's downward lead and open lower, a day after rising 2.5 per cent and posting its biggest gains since October 6 2011. US stocks reversed early gains and ended lower on revived concerns about the eurozone ...

Pioneer Capital awarded New Zealand Super mandate

MARK SMITH  |  TUESDAY, 2 JUL 2013
The New Zealand Superannuation Fund has awarded a NZ$40 million mandate to Auckland-based Pioneer Capital for a new expansion capital fund. Pioneer Capital's second fund (PCPII) will invest in privately-owned, small to medium-sized New Zealand businesses ...

Tyndall launches fund for low-tax rate instos

MARK SMITH  |  TUESDAY, 2 JUL 2013
Tyndall AM has made its Australian Share Concentrated strategy available to zero or low tax rate institutions such as charities, endowment funds and super funds, with the launch of a new fund. The new Tyndall Australian Share Concentrated Income fund ...

BT overcharged customers, refunds $2.3m

LAURA MILLAN  |  TUESDAY, 2 JUL 2013
BT Financial Group is refunding Wrap and SuperWrap customers that paid adviser fees in excess of disclosed percentage rates. The company is 80% of the way through the review and has already refunded $2.3 million to its investors and 1,890 of them have ...