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

Search Results

Showing 1191 - 1200 of 2383 results for "Rule"

Market to open lower

AAP  |  WEDNESDAY, 5 AUG 2015
The Australian market looks set to open lower after falls on Wall Street following a mixed batch of earnings reports and another big decline by technology giant Apple. At 0815 AEST on Wednesday, the September share price index futures contract was down ...

SIV opens door to China for fund managers

MARK SMITH  |  MONDAY, 27 JUL 2015
... interest in the scheme. However, Moelis & Company's asset management managing director, Andrew Martin, doesn't believe the rule changes will deter too many investors. "The reaction to the new rules was, at worst, neutral," he said. "There was a bit of ...

Super board changes could cost funds $20m a year

LAURA MILLAN  |  FRIDAY, 24 JUL 2015
... place the regulator in the role of being a law maker and a judge as well as jury," he added. "This is a serious breach of the rule of the law and gives APRA far greater powers than it currently has in other APRA-regulated industries, such as banking ...

AFA tweaking life insurance framework

ALEX BURKE  |  TUESDAY, 21 JUL 2015
The Association of Financial Advisers is refining aspects of the Life Insurance Framework developed jointly with the Financial Planning Association of Australia (FPA) and Financial Services Council (FSC). The three industry associations reached consensus ...

American IRAs not super funds

DARREN SNYDER  |  MONDAY, 20 JUL 2015
A recent decision by the Australian Administrative Appeals Tribunal (AAT) ruled that an American Individual Retirement Account (IRA) is not a superannuation fund for Australian Tax Purposes. In the case of Baker and Commissioner of Taxation, tribunal ...

86 billion Euros are in the mail, just

BENJAMIN ONG  |  TUESDAY, 14 JUL 2015
It's a deal! Well, er, not quite. He huffed and he puffed and he beat his chest. In the end, Greek PM Tsipras got his cake... on his face! Tsipras urged the Greeks to do what he say -- vote "Oxi" to the reforms for bail out conditions proposed by its ...

Market to open lower

AAP  |  FRIDAY, 3 JUL 2015
The Australian market looks set to open lower after Wall Street fell slightly following a mixed US jobs report and as investors awaited Greece's weekend referendum over its economic fate. At 0805 AEST on Friday, the September share price index futures ...

A Greek offer that cannot be refused

BENJAMIN ONG  |  THURSDAY, 2 JUL 2015
There's a certain sense of insouciance in the financial markets despite the expected unexpected happened - Greece defaulted on its 30 June deadline to repay the a,-1.5 billion it owes the IMF - and depending on what happens on the 5th of this month ...

EOFY means new laws and new products

DARREN SNYDER  |  WEDNESDAY, 1 JUL 2015
The new financial year rings in several legislative changes affecting the superannuation industry, including SuperStream, early access to super for terminally ill patients and new significant investor visa (SIV) rules. The Australian Tax Office (ATO) ...

A sobering lesson from a social move gone wrong

LAURA MILLAN  |  WEDNESDAY, 1 JUL 2015
The sacking of a financial adviser after he posted anti-Semitic comments on Twitter shows how social media can make or break an adviser's reputation - and career. Verante Financial Planning director Liam Shorte and his employees follow a strict social ...