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Showing 1021 - 1030 of 1668 results for "Origin"

SPAA "disappointed" by the FSI's SMSF borrowing recommendations

ALICE URIBE  |  MONDAY, 8 DEC 2014
The SMSF Professionals Association of Australia (SPAA) has rejected the Financial System Inquiry's (FSI) recommendation that the government reinstate the prohibition on direct borrowing for limited recourse borrowing arrangements (LRBAs) by superannuation ...

Industry funds reject majority independent directors

JAMES FERNYHOUGH  |  MONDAY, 8 DEC 2014
David Murray's recommendation that super fund boards comprise a majority of directors has met with mixed responses from the industry, with the retail side welcoming it but the not-for-profit side broadly rejecting it. Media reports, meanwhile, have ...

Murray calls for end to LRBAs

ALICE URIBE  |  SUNDAY, 7 DEC 2014
The Murray Inquiry has recommended that government reinstate the prohibition on direct borrowing for limited recourse borrowing arrangements (LRBAs) by superannuation funds. It said that the government should restore the general prohibition on direct ...

Market Wrap AM

AAP  |  FRIDAY, 5 DEC 2014
... out. In equities news, Premier Investments, Funtastic and Washington H Soul Pattinson have their annual general meetings. Origin chief executive Grant King will provide a company update and discuss the energy sector at an American Chamber of Commerce ...

NAB launches Australia's first certified climate bond

ALICE URIBE  |  THURSDAY, 4 DEC 2014
National Australia Bank plans to raise at least $150 million for renewable energy facilities with the launch of a so-called 'green bond.' The NAB Climate Bond is also the first bank-issued bond to be certified in compliance with international Climate ...

Government explains Challenger annuity mix-up

JAMES FERNYHOUGH  |  TUESDAY, 2 DEC 2014
The Department of Social Services (DSS) has given its reasons for changing the way it assesses Challenger's Care Annuity, saying it had mistakenly been assessing it on the grounds that investors in the annuity could not get their capital back. However ...

Grandfathering set to become next advice battlefield

LAURA MILLAN  |  FRIDAY, 21 NOV 2014
Advice associations will make grandfathering a priority in their conversations with government and opposition to address the sudden disallowance of the government's changes to the Future of Financial Advice (FoFA) legislation. "We are quite confident ...

Original FoFA laws take immediate effect

JAMES FERNYHOUGH  |  THURSDAY, 20 NOV 2014
Financial advisers must fully comply with Labor's original Future of Financial Advice (FoFA) laws from today, after the Senate voted to disallow the government's amendments last night. The reversion to the original legislation took effect as soon as ...

Genesys advisers looking at all options following wind up

LAURA MILLAN, JAMES FERNYHOUGH  |  WEDNESDAY, 19 NOV 2014
Advice practices licensed under AMP-owned Genesys Wealth are currently considering all options after the licensee announced yesterday that it would wind up. At the moment, 92 advice firms employing 188 advisers are licensed under Genesys, according ...

FoFA disallowance could put industry into breach of law

LAURA MILLAN  |  WEDNESDAY, 19 NOV 2014
A Senate alliance between Labor, the Greens and three crossbench Senators has pushed for a motion to disallow the Coalition's proposed changes to the Future of Financial Advice (FoFA) legislation in a move that could put the industry immediately into ...