BBY directors Glenn and Ken Rosewall to take stand during liquidators hearing – ABC Online

The high-profile directors of collapsed stockbroker BBY, Ken Rosewall and his son Glenn, will take the stand during the course of a much anticipated liquidators hearing which begins today in Sydney. Approximately 6,000 clients are owed about $61 million from BBY, which collapsed in May 2015 amid claims of insolvent trading, misuse of client…

Palmer’s bodyguards clash with media again – The Sydney Morning Herald

Clive Palmer’s security has clashed with the media again ahead of a second day of grilling over the collapse of Queensland Nickel. The former politician issued a statement claiming the media assaulted his wife and labelling an examination into the collapse of Queensland Nickel a “disappointment” before arriving at the Federal Court on Monday morning.…

Easing corporate pension promises could save £350bn, study finds – Financial Times

Pension costs facing thousands of UK employers could be cut by up to £350bn if company schemes were given more freedom to water down pension promises, according to new analysis. The affordability of traditional defined benefit company pension schemes has risen up the political agenda, as persistent low interest rates have led to pension deficits…