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Superannuation

Analysts just want relevant information: AIRA study

With the volume of company announcements to the investment market increasing by 13 per cent in the last year, investment analysts are now inundated with too much paper information and simply want ASX listed companies to 'get to the point' in their communication ...

Scott retires from ANZ board

ANZ board director Brian Scott has just announced his retirement from the board after 20 years service.

Industry loses popular Macquarie associate director

Macquarie Funds Management has lost distribution manager and associate director Peter Gillespie following his tragic heart attack and death last week.

S&P/Assirt likes Zurich changes

Standard & Poor's/Assirt has given Zurich Australia's business management and international shares capability, as managed by Lazard, a 'Strong' rating.

APRA announces new prudential standards for financial institutions

Under new business continuity management (BCM) prudential standards released by the Australian Prudential and Regulation Authority (APRA) authorised deposit-taking institutions (ADIs) and insurers must identify business functions and infrastructure disruptions ...

St George takes on ATO…again

In its second clash with the Australian Taxation Office (ATO) St George Bank has today rejected an amended tax assessment for a total of $40 million from the tax regulator and confirmed it remains on track to achieve EPS growth of 10 per cent for the ...

International All Sports defends CBA claim

AAP  |  THURSDAY, 7 APR 2005
Online bookmaker International All Sports Ltd (IAS) today told shareholders it was confident it would successfully defend a claim by the Commonwealth Bank of Australia Ltd (CBA) that it should have known one of the bank's managers was stealing to feed ...

HIH fall out continues

The Australian Prudential Regulation Authority (APRA) has barred another former HIH executive with Ross Eade being disqualified under the Insurance Act 1973 from holding a position or acting as a director or senior manager of a general insurer.

NAB trims UK workforce by 1,700

The National Australia Bank will cut 1,700 jobs, or 15 per cent of its UK workforce, over the next 12 to 18 months as the bank moves to 'rebuild, revitalise and grow' its banking operation in the UK.

Beware of fake international 'regulators'

ASIC has advised Australian investors wishing to place funds in overseas markets to be aware of the activities emanating from fake international regulators.