Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1061 - 1070 of 2383 results for "Rule"

Bisan buys stake in RE, launches PE fund

ALEX BURKE  |  THURSDAY, 15 SEP 2016
Bisan has acquired a 40% equity interest in a responsible entity for three managed investment schemes and launched a private equity fund. The asset manager purchased the stake in Endeavour Securities for $600,000 from Linchpin Capital; following completion ...

$500,000 non-concessional cap scratched

DARREN SNYDER  |  THURSDAY, 15 SEP 2016
The Federal Government has reworked its 2016 Budget measures on superannuation to drop the $500,000 lifetime non-concessional cap and alter several other policies. Treasurer Scott Morrison announced the changes this morning and said the government will ...

Advisers and aged care homes should forge relationships: BUPA

MARK SMITH  |  FRIDAY, 9 SEP 2016
Financial advice professionals can improve the already enormous role they can play in alleviating the emotional stress and administrative burden of helping people into managed aged care by forming relationships directly with care facilities in their ...

VanEck resources ETF upgraded by Lonsec

MARK SMITH  |  THURSDAY, 8 SEP 2016
VanEck has had the rating for its Australian Resources ETF (MVR) upgraded to 'Recommended Index' by Lonsec. The rating indicates that Lonsec has strong conviction that the ETF can generate risk adjusted returns in line with relevant objectives. The ...

Morgan Stanley pays $123,750 penalty

KERRIE SYDEE  |  WEDNESDAY, 7 SEP 2016
Morgan Stanley Australia has paid a penalty of $123,750 to comply with an infringement notice handed down by the Markets Disciplinary Panel (MDP). The MDP said it had "reasonable grounds" to believe that Morgan Stanley had contravened subsection 798H(1) ...

CommSec hit with $700,000 fines

ALEX BURKE  |  FRIDAY, 2 SEP 2016
CommSec has paid $700,000 in infringement notice penalties and voluntarily refunded $1.1 million in brokerage. The infringement notices were given by ASIC's Markets Disciplinary Panel, which the regulator said "had reasonable grounds to believe CommSec ...

Insurers face significant asset risk charges from downgrade

KERRIE SYDEE  |  TUESDAY, 30 AUG 2016
Life and general insurers face the risk of higher asset charges if a sovereign downgrade occurs, according to senior portfolio manager- fixed income at Nikko Asset Management, Darren Langer. In July Standard and Poor's Global Ratings (S&P) revised the ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 30 AUG 2016
Australia HIA new home sales Fresh data released by the Housing Industry Association (HIA) on sales of new homes has triggered concerns that Australia's housing boom is coming to an end. New home sales dropped by 9.7% -- the fastest since May 2006 - ...

Parliament goes to war on super

DARREN SNYDER  |  THURSDAY, 25 AUG 2016
Superannuation policy is headlined as one of the federal government's first tests when parliament resumes next week, following opposition plans to amend some of the biggest changes to super in a decade. Opposition Leader Bill Shorten wants the $500,000 ...

Majority of Australians without financial plan

KERRIE SYDEE  |  TUESDAY, 23 AUG 2016
... willing to take calculated risks for significant gains and focused on saving for the future, 40% are women and 60% are men Rule keepers (40%) - likes playing it safe by taking minimal to zero financial risk, 61% are women and 31% are men Easy riders ...