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Financial Planning

Revised options disclosure requirements: ASIC

The Australian Securities and Investments Commission (ASIC) yesterday issued revised guidelines on how Australian listed companies should disclose the value of option packages provided for directors' and the executives of the company.

ASFA supports share price integrity

The principle Australian superannuation industry body has welcomed the announcement by Standard & Poor's (S&P) to remove News Corp from ASX/S&P indices despite warning some of its members may suffer considerable short-term disruption.

Vanguard supports removal of News Corp

Going against the tide of many high-profile voices, Vanguard Investments said it supported the removal of News Corp from the domestic Standard & Poor's share price indices saying the media giant was essentially a US company anyway and its removal from ...

Gladiator to acquire 35% of Pengana Holdings

Australian fund manager, Pengana Holdings announced on Friday it had entered into an agreement with Gladiator, a wholly owned subsidiary of Audant Investments, where Gladiator will acquire a 35% stake in Pengana.

S&P says the exit of News Corp from ASX 200 index to be smooth

AAP  |  MONDAY, 28 JUN 2004
The removal of Rupert Murdoch's News Corp from the Australian stock market indices would be made as smooth as possible, the head of Standard & Poor's' index committee said on Sunday.

Funds to return at least double digits: Rainmaker

Five days before the end of the financial year, and fund returns are on track to post the strongest annual returns in seven years.

PM Capital claims top marks: InTech

According to a report conducted by InTech Financial Services, Australian share fund managers have produced strong results this financial year with PM Capital holding on to top spot with a 39.81% return.

Declining prospects for LPT; Morningstar

Future prospects for the listed property trust (LPT) sector appear less attractive than before, according to research from Morningstar.

Super savings boost passes Aust Senate

AAP  |  FRIDAY, 25 JUN 2004
Low and middle income earners will be given greater incentives to save for their retirement under legislation passed by the Senate last night.

Government announces extension for DIY compliance

The Federal Government has moved to clarify its position on DIY super funds, confirming the introduction of a transition period to allow members of DIY funds affected by the Budget night changes until 30 June, next year, to commence a complying lifetime ...