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Superannuation

Four NAB currency dealers suspended

AAP  |  WEDNESDAY, 14 JAN 2004
National Australia Bank has suspended four foreign currency dealers over unauthorised trades that resulted in losses of up to $180 million.

S&P assigns first AAA rating to Australian equity fund

AAP  |  TUESDAY, 13 JAN 2004
Standard & Poor's announced today that it has assigned its first AAA rating to an Australian equity fund

Macquarie ProLogis buys US properties for $12 million

AAP  |  TUESDAY, 13 JAN 2004
Macquarie ProLogis Trust has acquired interests in two North American properties for $US9.3 million ($12.0 million).

Convicted director brought before Court on new charges

A former Melbourne director has been charged in the Melbourne Magistrates Court with two counts of managing a corporation whilst disqualified.

ASIC launches inquiry into super funds

AAP  |  TUESDAY, 13 JAN 2004
The Australian Securities and Investment Commission (ASIC) has launched an inquiry into superannuation funds.

Industry fund follows name change trend to broaden membership

The Combined Schools Superannuation Fund became the latest fund to change its name in a bid to widen its membership base.

Season's Greetings from the Financial Standard team

The Financial Standard team wishes you all a Merry Christmas, a prosperous New Year, and a relaxed and safe holiday period. Our daily news service will return on 12 January 2004, but until that time the website will remain active and readers will still ...

Treasurer praises departing ASIC chairman

The outgoing Australian Securities and Investments Commission (ASIC) chairman, David Knott, is taking leave prior to his resignation at the end of the year, the Federal Treasurer Peter Costello has announced.

ASIC raids Steve Vizard's house following insider trading allegation

AAP  |  FRIDAY, 19 DEC 2003
High-profile businessman Steve Vizard's house has been raided following insider trading allegations raised by his former bookkeeper.

SelectingSuper releases 2003-04 benchmark fee survey

There is no clear relationship between overall super fund investment returns and total fees, the 2003-04 super fund benchmark fee survey, conducted by SelectingSuper, has found.