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Showing 9801 - 9810 of 14214 results for "Interest"

Westpoint directors face charges

ELISE BURGESS  |  MONDAY, 4 JUL 2011
... breached their duties under the Corporations Act. Westpoint was a Ponzi scheme where investor funds where used to pay their interest. Around 3,500 investors invested a total of $304 million across seven mezzanine funds. The investors in Westpoint-related ...

Super funds returns on upwards trend

RACHEL DAVIS  |  MONDAY, 4 JUL 2011
... fund returns are after all fees and taxes have been paid while you still have to pay income tax from your bank deposit interest rates," said Dunnin. "But it's the volatility in fund returns, being the way they jump around, that worries most consumers." ...

Strong cash flow doubles Countplus dividend

ALISON BEVEGE  |  FRIDAY, 1 JUL 2011
... businesses. "That could be 100 per cent ownership but we are also interested in becoming partners and taking a minimal interest in the business." Spurr said that could help owners fund the growth of their own businesses, but with a view to increasing ...

Equipsuper clears merger hurdle with Vision

ALISON BEVEGE  |  THURSDAY, 30 JUN 2011
The merger of Vision Super and Equipsuper will continue after the two funds cleared a major obstacle that delayed the deal to 2012. The merger hit a roadblock on May 25 when trouble arose around the merging of Vision Super's pooled super trust, Equipsuper ...

Planners embrace 8IP Asia Pac Partners

ELISE BURGESS  |  THURSDAY, 30 JUN 2011
... under a Product Disclosure Statement (PDS), the boutique investment fund manager said investors had expressed a keen interest in the fund, but wanted a simpler vehicle. "Our marketing activities over the past 12 months have generated strong interest ...

Zenith targets dealer groups with investment solutions

MATT WOODINGTON  |  TUESDAY, 28 JUN 2011
... solutions and research tools and web solutions. Zenith has been offering the services since January and, owing to increasing interest from clients, it has opted to provide it as an ongoing solution. "We want to build a name for ourselves in the model ...

Minister faces down advisers over opt-in, risk

ALISON BEVEGE  |  TUESDAY, 28 JUN 2011
... in superannuation. On superannuation risk commissions, Minister Shorten reminded advisers they were bound by the best-interest duty, and said the absence of commissions would not prevent best advice being given. "If the swing point of whether or not ...

Company streamlines pension transfers from UK to Australia

ALISON BEVEGE  |  TUESDAY, 28 JUN 2011
... setting it apart from other services. "We aren't operated by an Australian financial planning practice and so we have no interest in poaching the client," said Brandt Page, principal of Pension Porter.

Landmark case against board duty failure

ELISE BURGESS  |  TUESDAY, 28 JUN 2011
ASIC's case could set a precedent with which all Australian board behaviour, responsibilities and financial obligations can be compared. The Federal Court has made a landmark decision in the case against eight directors and former executives of Centro ...

Market Wrap - Midday

AAP  |  TUESDAY, 28 JUN 2011
... climbed 36 cents to $42.56, while Rio was 44 cents stronger at $80.24. Mr Morrow said the next available catalyst to spark interest in the sharemarket would be the August earnings season, which would help confirm what "every broker in Australia is saying ...

Editor's Choice

Treasury responds to Debelle's review into the AOFM

KARREN VERGARA
Treasury has responded to the Guy Debelle-led review into the Australian Office of Financial Management (AOFM), agreeing to all six recommendations.

Bravura ups guidance, reports earnings increase

RIDDHIMA TALWANI
Bravura Solutions informed investors cost discipline will protect its full year earnings result after a client migrated to a Business Process Outsourcing (BPO) early in the year.

MaxCap hires from Vanguard, AustralianSuper

MATTHEW WAI
MaxCap has welcomed two senior directors, including a portfolio manager from Australia's largest super fund, reporting to the recently named chief executive Kylie Robb.

Zenith snags mandate from Granite Bay

MATTHEW WAI
Granite Bay Private Wealth has selected Zenith Investment Partners to support their investment governance and due diligence.

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