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Showing 8491 - 8500 of 10582 results for "BEI"

PIS to pay $5.9m to Westpoint investors

ASIC RELEASE  |  MONDAY, 2 NOV 2009
The Federal Court of Australia has approved the settlement of an ASIC-initiated compensation claim to PIS clients who were advised to invest in failed Westpoint Group - ordering PIS to pay $5.9 million to these clients. The court approved a distribution ...

S&G settles claims for CBA Storm clients

COMPANY RELEASE  |  FRIDAY, 30 OCT 2009
Slater & Gordon has settled claims against the Commonwealth Bank of Australia on behalf of more than 50 clients who borrowed from the bank to invest in schemes promoted by the failed Storm Financial. In a legal first the claims were settled using the ...

Perennial and Hyperion win awards

MEDIA RELEASE  |  FRIDAY, 30 OCT 2009
Perennial Investment Partners and Hyperion Asset Management were two of the winners at last night's Australian Fund Manager Awards (AFMA). Perennial was awarded the 2009 Golden Bull Best Overall Fund Manager and 2009 Australian Fixed Interest Award. ...

Market Wrap - Morning

AAP  |  FRIDAY, 30 OCT 2009
The Australian sharemarket is expected to open significantly higher as Wall Street had its best day in three months on better-than-expected United States economic growth figures. US gross domestic product rose at an annual rate of 3.5 per cent in the ...

Fidelity signs exclusive research deals

MICHELLE BALTAZAR  |  THURSDAY, 29 OCT 2009
Fifteen years ago, Fidelity Investments changed the rulebook on investing by having one of the most research-heavy teams that other investment firms could only dream of. Today, the firm is raising the bar again with a new way of getting proprietary ...

Super should not be compulsory: Cox

RUTH LIEW  |  THURSDAY, 29 OCT 2009
Eva Cox, a woman's rights advocate and social activist, said super should not be compulsory for all Australians - and lambasted the industry for failing to meet the savings needs of the wider Australian public. Debating on whether SG should be raised ...

Warning signs in consumer wealth report

ALEX DUNNIN  |  WEDNESDAY, 28 OCT 2009
Despite the GFC household wealth still went up. But before wealth managers celebrate too loudly, they are battling to reach beyond Australia's wealthiest people and independent investors using SMSFs are the most satisfied. The results are contained ...

Joined at the hip

BENJAMIN ONG  |  WEDNESDAY, 28 OCT 2009
Ho hum. Another day, another boring day on Wall Street. Maybe there's more action in the north across its border. The usual suspects were in attendance to provide a semblance of market action. US shares rose on positive housing news. The S&P/Case Shiller ...

Drop commissions or get off APL: AMP

MICHAEL HOBBS  |  TUESDAY, 27 OCT 2009
AMP has told fund managers if they want to be on the group's 1,600-strong financial planning network's approved product list (APL), their products must not include any commissions. Steve Helmich, director Financial Planning, Advice and Services at AMP ...

Elusive 10K

BENJAMIN ONG  |  TUESDAY, 27 OCT 2009
The Dow's hold on that elusive 10K-point mark remains elusive. Perhaps it is the consensus' way of affirming that, indeed, the market has run ahead of itself. Wall Street slid further overnight with the Dow slipping further below the 10K mark despite ...