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| | | ... capital requirements to which APRA's supervised institutions are already subject to, Laker said. The framework would make company boards responsible for remuneration arrangements. Those boards should extend their stewardship of remuneration to all groups ... |
| | | | ... allowed the recent collapses to happen. "The Committee will inquire into issues associated with recent financial product company collapses, including the role played by financial advisers; the state of the general regulatory environment; the role played ... |
| | | | ... superannuation funds. These letters invited the recipients to partner with Matthews as a lender to, or share investor in, a new company vehicle for the purpose of acquiring shares in a company presently trading on the Australian Securities Exchange (ASX). ... |
| | | | ... Financial Management. Plan B's acquisition of Strategic will see it control a 62 per cent interest in the Melbourne-based company, which has $354 million in funds under advice and an average client portfolio value of $2.4 million. "Strategic is a high ... |
| | | | Asteron and Aviva were the joint awardees of this year's 2008 Life Insurance Company of the Year Award by the Association of Financial Advisers (AFA) and Plan For Life. Challenger, which last year acquired the annuities portfolio of AXA, was named the ... |
| | | | ... country's regulatory and political heads. Laurence Trigwell, global leader in financial services at IBM Cognos, said that the company's clients, which includes the largest banks and finance firms around the world, are demanding IT solutions that offer ... |
| | | | Commonwealth Bank has launched a capital protected investment product, Capital Series Australia II. The product provides two strategies; one gives investors total capital protection at maturity, with the potential for up to 80 per cent capital growth ... |
| | | | Lonsec awarded Instreet's Deferred Purchase Agreement (DPA) a "recommended" rating. The Instreet Link Series I and II provide equity market exposure at fraction of the normal investment cost. Merrill Lynch (Australia) Futures issue the DPA. The ratings ... |
| | | | The $21 billion industry superannuation fund, UniSuper has reappointed NAB Custodian Services (NCS) to provide master custody and investment reporting services. According to a press statement from the industry fund, the appointment follows a one-year ... |
| | | | ... Statistics releases its labour price index and data on construction work done, both covering the December quarter. In company news, first half reporting season gathers pace as it nears its close at the end of this week. First half results are due from ... |
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