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Showing 901 - 910 of 1293 results for "Request"

ASIC finds hedge funds pose no systemic risk

MARK SMITH  |  TUESDAY, 10 SEP 2013
Australian hedge funds do not currently pose a systemic risk to the Australian financial system, a new ASIC report has found. The regulator also found that qualifying hedge funds in the survey also use low leverage and appear to have adequate liquidity ...

Trust gives Perpetual a chance to match IOOF offer

LAURA MILLAN  |  WEDNESDAY, 4 SEP 2013
... and has asked for a deadline extension to allow Perpetual a chance to match the IOOF buyout offer. IOOF has accepted the request and has given The Trust Company more time to accept or refuse its offer, which now closes at 5 pm on September 9 instead ...

Future Fund legally bound to protect docs in AustralianSuper feud

ALICE URIBE  |  WEDNESDAY, 4 SEP 2013
The Future Fund risks breaching a legally-binding confidentiality agreement with Australian Infrastructure Fund (AIX) if it hands over documents to AustralianSuper relating to its purchase of a stake in Perth airport. It is understood that AustralianSuper ...

Super behemoths set to lock horns in Supreme Court

MARK SMITH  |  WEDNESDAY, 28 AUG 2013
Two behemoths of the superannuation industry, AustralianSuper and the Future Fund, will meet in the Victorian Supreme Court in mid-October to dispute the circumstances around the sale of a 29.7% stake in Perth airport. AustralianSuper, which manages ...

Future Fund accused of withholding docs in airport spat

MARK SMITH  |  TUESDAY, 27 AUG 2013
AustralianSuper has upped the ante in its dispute over the Future Fund's purchase of a stake in Perth airport, accusing the $80 billion sovereign wealth fund of withholding crucial documents. AustralianSuper said it had requested documentation from ...

Wealthsure adviser guilty to criminal charges

LAURA MILLAN  |  WEDNESDAY, 21 AUG 2013
Former WealthSure financial adviser has pleaded guilty to 22 criminal charges following an Australian Securities and Investments Commission (ASIC) investigation. Appearing in the Sydney District Court, Brian William Veitch, formerly of Minto, New South ...

Less than 1% of AusSuper members seek advice

JAMES FERNYHOUGH  |  THURSDAY, 15 AUG 2013
Less than 1% of AustralianSuper and REST members are receiving advice, despite the introduction of measures to improve access to advice as part of the Stronger Super reforms. Under MySuper 'intra-fund advice' regulations, funds can collectively charge ...

Court ruling on Storm, "a blow" to consumer action

LAURA MILLAN  |  TUESDAY, 13 AUG 2013
... Court's decision could have serious consequences for other cases as well. "The Full Court of the Federal Court, at ASIC's request, gave a shot in the arm to the litigation funding industry through its judgment in Richards versus Macquarie Bank," Levitt ...

Macquarie and Storm victims settlement "wrong": Court

LAURA MILLAN  |  MONDAY, 12 AUG 2013
... judged approved the settlement between Macquarie Bank and the victims of the Storm Financial fraud. The Court approved the request for appeal made by the Australian Securities and Investments Commission (ASIC) after Macquarie agreed to pay $82.5 million ...

Who do you trust?

BENJAMIN ONG  |  MONDAY, 12 AUG 2013