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Showing 8871 - 8880 of 9326 results for "Red"

Federal Court reconsiders KordaMentha remuneration claim

Based on Australian Securities and Investment Commission (ASIC) submissions to a Federal Court of Australia review of a $2.856 million payment made to Stockford Administrators KordaMentha the Court has ordered a committee of inspection consider the ...

ASIC cracks down on early access to superannuation scheme

ASIC has acted against unlicensed superannuation adviser Troy Graetz and his companies Super Release Pty Ltd and Intelligent Super Pty Ltd from operating businesses promoting early access to superannuation. The action prevents Graetz from providing ...

Ageing population places more fiscal pressure on the Government

The Productivity Commission enquiry into the economic consequences of Australia's ageing population released today has predicted an increase in fiscal pressure for all governments within the country the next 40 years. The report forecasts expenditure ...

Study finds divorce significantly impacts wealth creation

AMP and the National Centre for Social and Economic Modelling (NATSEM) have put together a research report revealing divorce has considerable financial consequences on the parties involved, affecting not only disposable income but also longer term wealth ...

Primelife's settlement with ASIC comes at a high price

ASIC has reached a settlement with Primelife with regards to 20 allegedly unregistered management investment schemes including a payment of up to $600,000 to meet ASIC's legal costs and up to $1 million to cover independent accountant reports. In September ...

ASIC's 'Super Switching' campaign catches Tasmanian adviser

ASIC has begun action against a Tasmanian man following its 'Super Switching' campaign launched in December last year. The 'Super Switching' campaign was developed to monitor the advice and disclosure by advisers where advisers are required to write ...

NAB trims UK workforce by 1,700

The National Australia Bank will cut 1,700 jobs, or 15 per cent of its UK workforce, over the next 12 to 18 months as the bank moves to 'rebuild, revitalise and grow' its banking operation in the UK. The bank is booking a provision of $266 million to ...

HFA Octane Series 2 rated 'investment grade'

Standard & Poor's (S&P) has given the newly launched HFA Octane Series 2 fund an Assirt 'investment grade' rating. The fund of hedge funds was rated using S&P's classification system where returns and relative risk are compared against a traditional ...

Clearview and MBF Life agree to correct unit pricing errors

Clearview Life Nominees and MBF Life, in cooperation with the Australian Prudential Authority (APRA) and ASIC, have both agreed to correct errors pertaining to the unit prices of some life insurance and superannuation products. The errors relate to ...

HIP adjusts its manager line-up

Health Industry Plan (HIP) superannuation fund has amended its manager line-ups with State Street taking over from Barclays Global Investors (BGI) in HIP's Australian equities portfolio, and a combination of Capital International and Bank of Ireland ...