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Showing 10051 - 10060 of 20558 results for "BEN"

Accountant pays $10,000 fine for $100,000 fraud

LAURA MILLAN  |  FRIDAY, 3 OCT 2014
A former Perth company director will have to pay a $10,000 fine after inducing a 70-year-old investor to give his business a cheque for $100,000 and then using it for his own purposes. Andy Kay Hooi Lim saw his 12 months jail sentence wholly suspended ...

Instos get serious about climate change

JAMES FERNYHOUGH  |  FRIDAY, 3 OCT 2014
Last month's United Nations Climate Summit saw a flurry of announcements from some of the world's major institutional investors, ranging from pledges to divest from fossil fuels, to calls on governments to introduce carbon pricing. But how serious are ...

Super Mario dropkicks markets

BENJAMIN ONG  |  FRIDAY, 3 OCT 2014
Draghi dropkicks markets. Super "whatever it takes" Mario has promised a lot... but delivered short. Hence, we got what we got last night. The euro reversed its decline, so did euro bond yields and European equity indices dropped. The Euro Stoxx-600 ...

Market Wrap AM

AAP  |  FRIDAY, 3 OCT 2014
The Australian market looks set to open lower after an almost flat end to trading in on Wall Street and a fall in metals prices. At 0651 AEST on Friday, the September share price index futures contract was down 21 points at 5,262. The stock market in ...

APRA confirms MySuper non-confidentiality rules

JAMES FERNYHOUGH  |  THURSDAY, 2 OCT 2014
The Australian Prudential Regulation Authority (APRA) will treat MySuper product data as non-confidential, following a period of industry consultation. APRA said the industry "generally supported" APRA's proposal to treat data as non-confidential if ...

Innovation to drive 2014 AFA Conference

MARK SMITH  |  THURSDAY, 2 OCT 2014
The upcoming Association of Financial Advisers (AFA) National Conference is looking into the industry's post-FoFA future and focusing this year's event on the theme of innovation. With the regulatory environment all but finalised, the tagline for the ...

New masters of universe

BENJAMIN ONG  |  THURSDAY, 2 OCT 2014
Looks like Halloween has come early to Wall Street. Equity indices fell -- big time -- on 'The Street' right at the stroke of October. The Dow's down 1.4% (with Transport down 2.5%); the S&P 500 fell 1.3%; the Nasdaq's off 1.6% and the Russell 2000's ...

Market Wrap AM

AAP  |  THURSDAY, 2 OCT 2014
The Australian market looks set to again open lower after Wall Street lost more than one per cent following mixed US economic data. At 0815 AEST on Thursday, the December share price index futures contract was down 35 points at 5,287. Locally, in economic ...

RBA should take action on negative gearing: AUI

LAURA MILLAN  |  WEDNESDAY, 1 OCT 2014
The Reserve Bank of Australia should take action to address the current distortions over investment housing and negative gearing, Australian Unity Investments (AUI) chief executive David Bryant said. Bryant argued that addressing the issues around negative ...

Van Eyk finds buyer for NZ business

LAURA MILLAN  |  WEDNESDAY, 1 OCT 2014
A New Zealand-based independent financial advice firm is completing the final steps to acquire van Eyk's New Zealand business. Sources from van Eyk's administrator Moore Stephens confirmed to Financial Standard that advice firm Saturn Portfolio was ...