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

Search Results

Showing 1091 - 1100 of 1371 results for "Corporations"

Ripoll recommends investor compensation fund

MICHAEL HOBBS  |  TUESDAY, 24 NOV 2009
... ensure they are fair and equitable across the industry," said the PJC report. Meanwhile, the PJC recommended the Corporations Act be amended to include a fiduciary duty for financial advisers and payments from financial product manufacturers to advisers ...

Planners brace for fiduciary revolution

ALEX DUNNIN  |  TUESDAY, 24 NOV 2009
... its shadow shopping and adviser policing activities. Bernie Ripoll, chair of the Parliamentary Joint Committee on Corporations and Financial Services, handed down his Committee's 246 page report into financial products and services last night that was ...

Lessons learned from Opes Prime

RUTH LIEW  |  TUESDAY, 24 NOV 2009
... have been taken in the right direction, particularly following the October 2009 passage through parliament of the Corporations Legislation Amendment (Financial Services Modernisation) Bill 2009. The bill defines margin lending arrangements, and sets ...

Perceived conflicts lethal to planners

MICHELLE BALTAZAR  |  THURSDAY, 19 NOV 2009
... politicians has led to a different perception." His statements come only days before the Parliamentary Joint Committee on Corporations and Financial Services issues its report regarding the recent high-profile collapses and make their recommendations ...

Coalition against commissions

RUTH LIEW  |  WEDNESDAY, 18 NOV 2009
... (AIST). In a full page open letter in a daily newspaper addressed to members of the Parliamentary Joint Commission on Corporations and Financial Services, the industry bodies wrote that the committee has a historic opportunity to transform the financial ...

ASIC outlines credit agency requirements

COMPANY RELEASE  |  FRIDAY, 13 NOV 2009
... ratings for investment products available to retail investors must comply with a general licensee obligation under the Corporations Act to have a dispute resolution system in place. The system must include an internal dispute resolution procedure and ...

Perpetual hires manager of fiduciary solutions

COMPANY RELEASE  |  WEDNESDAY, 28 OCT 2009
... develop and maintain a leadership role with the industry and community representative bodies such as the Trustee Corporations Association." Perpetual Private Wealth manages approximately $6.8 billion in funds under advice with $1.6 billion on behalf ...

Premium eyes more practices

MICHAEL HOBBS  |  MONDAY, 26 OCT 2009
... submission from the Australian Securities and Investments Commission (ASIC) to the Parliamentary Joint Committee on Corporations and Financial Services that found 85 per cent of Australian financial advisers are associated with product manufacturers. ...

Centro execs to face tough penalties

MICHAEL HOBBS  |  WEDNESDAY, 21 OCT 2009
... Australian Securities & Investments Commission (ASIC) is seeking to disqualify the directors and officer from managing corporations and is asking the court to impose financial penalties on them. It alleged the company directors and officer failed to ...

CEOs pay steady despite GFC

COMPANY RELEASE  |  TUESDAY, 29 SEP 2009
... pay bonuses - it appears easier for a CEO to get fired than to receive no bonus," comments Ann. "Additionally the Corporations Act required companies to provide a detailed summary of performance conditions for senior executive pay but most companies ...