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Showing 1161 - 1170 of 2048 results for "CRA"

Taxes, levies and fees

BENJAMIN ONG  |  FRIDAY, 2 AUG 2013

Best Interest drives advisers away from products

LAURA MILLAN  |  MONDAY, 29 JUL 2013
The Best Interest Duty provision of the Future of Financial Advice (FoFA) regulation is designed to make planners give comprehensive advice in a process where recommending a product is "the last piece of the puzzle." At the end of the advice process ...

Fake press release activist faces 10 years in jail

MARK SMITH  |  WEDNESDAY, 24 JUL 2013
An environmental activist who issued a fake ANZ Bank press release and caused a crash in Whitehaven Coal's share price faces 10 years in prison. On 7 January 2013, Jonathan Moylan sent out a false media release which said ANZ Bank had pulled its $1.2 ...

State Street wins $780m LGS mandate

JAMES FERNYHOUGH  |  MONDAY, 22 JUL 2013
State Street Global Advisors (SSgA) has won a $780 million active Australian equities mandate from Local Government Super (LGS). LGS chief investment officer Craig Turnbull said the mandate reflects a move towards more active risk in the portfolio. ...

US delays tax avoidance law by 6 months

MARK SMITH  |  MONDAY, 15 JUL 2013
The US Treasury Department has postponed a new law designed to crack down on offshore tax avoidance by US citizens by six months. The Foreign Account Tax Compliance Act (FACTA) requires foreign banks, insurance companies and asset managers to report ...

Two-fifths of Australians upping overseas exposure

MARK SMITH  |  THURSDAY, 11 JUL 2013
Almost two-fifths (39%) of Australian investors believe they are under-exposed to global equity markets, according to the latest Certitude Global Investing Intentions Index (CGIII). The survey showed that a greater number of investors plan to increase ...

Slow growth and regulatory burden top insurance industry fears

MARK SMITH  |  THURSDAY, 4 JUL 2013
Macroeconomic trends, a slow growth rate in an environment of lower asset returns and stricter regulation are the biggest risks to the insurance industry, according to a new report from Ernst & Young (EY). In Business Pulse: Exploring the dual perspectives ...

Retirees warned: beware the 'great rotation'

JAMES FERNYHOUGH  |  THURSDAY, 4 JUL 2013
A global move from bonds to equities could see Australian retirees swimming against the current, according to a new paper by AXA Investment Managers (AXA IM). The paper, entitled 'The Great Rotation', analyses the potential for a mass global move from ...

FIIG snaps up Macquarie CIO

JAMES FERNYHOUGH  |  TUESDAY, 2 JUL 2013
Macquarie Bank chief investment officer and head of innovation Craig Swanger has taken on the role of head of markets at FIIG Securities. Swanger will be responsible for FIIG's sales and channel distribution business as well as risk management and product ...

CBA grows advice research team with new hire

MARK SMITH  |  TUESDAY, 2 JUL 2013
Commonwealth Bank (CBA) has expanded its Advice Research team to six with the appointment of Rohan Aggarwal as research analyst. He will work closely with the senior analysts in the team to help deliver the Advice Research team's key functions. These ...