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Showing 761 - 770 of 896 results for "Failing"

ASIC withdraws property fund licence

MATT WOODINGTON  |  THURSDAY, 3 MAR 2011
Devgroup will wind up four property funds after ASIC revoked its financial services licence for failing to resolve ongoing breaches of licence conditions. The fund manager had been unable to meet net tangible assets and reporting obligations under the ...

PC recommends social insurance shake-up

ALEX DUNNIN  |  TUESDAY, 1 MAR 2011
The Productivity Commission has defied its critics and recommended Australia establish twin social no-fault insurance schemes in what is potentially the biggest recasting of the nation's health, welfare and insurance sectors in decades. The recommendations ...

AE large cap lagging index: Morningstar

ALISON BEVEGE  |  WEDNESDAY, 23 FEB 2011
Large-cap Australian share fund managers had a difficult 2010 with most failing to beat even very modest index returns, Morningstar announced in its latest sector wrap. The research house found the average large-cap Australian share fund manager underperformed ...

Headlining the core

BENJAMIN ONG  |  WEDNESDAY, 16 FEB 2011
... and lower interest rates at every twist and turn of the highly volatile prices of food and energy? On the other hand, failing to nip headline inflation in the bud could flow onto the core measure of prices - raising inflationary expectations. The spike ...

Market Wrap - Midday

AAP  |  THURSDAY, 10 FEB 2011
... shares were down one cent at $5.28. Litigation funder IMF is to fund shareholder claims against engineer Downer EDI for failing to disclose the difficulties with its NSW train manufacturing contract in a timely manner. IMF was steady at $1.52 while Downer ...

ATO to review 10,000 SMSFs

ELISE BURGESS  |  MONDAY, 6 DEC 2010
... starting to make sure they have the support around them," said Hamilton. Sanctions for trustees found to be deliberately failing their obligations include loss of tax concessions for the fund, being disqualified as a trustee, or prosecuted. The ATO estimates ...

Super fund recovery 6pc but big funds fail to fire

ALEX DUNNIN  |  MONDAY, 6 DEC 2010
... SelectingSuper, said the most startling aspect of the latest super fund return results is that the big funds are still failing to fire. "There is little clear evidence that funds being large necessarily boosts investment returns and retirement savings. ...

ASIC slaps tough penance for fin services misconduct

ELISE BURGESS  |  FRIDAY, 3 DEC 2010
... Kelvin Skeers of Queanbeyan, New South Wales, was sentenced to 15 months imprisonment suspended with conditions after failing to comply with the community service order. Meanwhile, on November 10, ASIC banned a former adviser for market manipulation ...

Fund manager challenges 'avoid' rating

RUTH LIEW  |  THURSDAY, 18 NOV 2010
... July. However the former head of equities, Peter Greentree and his team were no longer part of the boutique team after failing to agree to terms. As a result, former AllianceBernstein director of Australian equities, Johan Calrberg, was appointed to ...

Cormann blasts ALP over default super

JOHN MCDULING  |  WEDNESDAY, 17 NOV 2010
The Shadow Minister for Superannuation, Senator Mathias Cormann, has criticised the ALP for failing to support moves to improve competition into the default superannuation fund market. The ALP voted against a coalition motion in the Senate yesterday ...