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

Search Results

Showing 1201 - 1210 of 1797 results for "Monitor"

ASIC highlights higher enforcement rate ahead of Senate inquiry

LAURA MILLAN  |  THURSDAY, 25 JUL 2013
The Australian Securities and Investments Commission (ASIC) has made a total of 371 enforcement actions between January and June 2013, according to an enforcement report released ahead of the Senate inquiry on ASIC's performance. In line with its efforts ...

SMSFs lose majority of cases against ATO

JAMES FERNYHOUGH  |  WEDNESDAY, 24 JUL 2013
Self-managed superannuation fund (SMSF) trustees are unlikely to win court cases against the Australian Tax Office, according to David Hughes, a partner at law firm Small Myers Hughes. Speaking at the SPAA State Technical Conference in Sydney yesterday ...

Centrepoint spent $4.9 million in client claims

LAURA MILLAN  |  WEDNESDAY, 24 JUL 2013
... undertaking lasted from December 2010 to March 2012, but ASIC recently asked the group to appoint an independent expert to monitor its performance over compliance concerns and audit functions. Centrepoint also spent $586,000 to implement the Future of ...

PIS appoints PwC as independent expert

LAURA MILLAN  |  THURSDAY, 18 JUL 2013
PriceWaterhouseCoopers (PwC) will monitor independent dealer group Professional Investment Services (PIS) for the next nine months after an order was issued yesterday by the Australian Securities and Investments Commission (ASIC). PwC will report back ...

Clear as crystal

BENJAMIN ONG  |  THURSDAY, 18 JUL 2013
... example, by raising the real cost of capital investment--and increases the risk of outright deflation. Consequently, we will monitor this situation closely as well, and we will act as needed to ensure that inflation moves back toward our 2 percent objective ...

ASIC orders further PIS scrutiny over compliance concerns

LAURA MILLAN  |  WEDNESDAY, 17 JUL 2013
... it had concerns that compliance and audit functions required further work and the regulator considers the decision to monitor PIS as an evidence that follow up on EU outcomes where necessary. The expert will report back to ASIC each quarter and will ...

CBA and HSBC change 'misleading' ads

MARK SMITH  |  WEDNESDAY, 17 JUL 2013
... ASIC deputy chairman Peter Kell said ads which created unrealistic expectations were unacceptable. "We will continue to monitor industry practice in the description and labelling of structured products, especially where there are claims of capital protection," ...

Former First State Super director joins ACCC

MARK SMITH  |  TUESDAY, 16 JUL 2013
Former First State Super director Cristina Cifuentes has been appointed a commissioner at the Australian Competition & Consumer Commission (ACCC). Cifuentes started in her new role in May 2013 and has been appointed for a five year term. She is responsible ...

A desert island without food... better than managing super

LAURA MILLAN  |  FRIDAY, 5 JUL 2013
... things that Australians would prefer to do before managing their superannuation. At the same time, 46% of Australians monitor their super multiple times per year, according to a Galaxy Research survey on behalf of Sunsuper. However, the super fund found ...

Westpac launches tailored info service for online investors

JAMES FERNYHOUGH  |  WEDNESDAY, 3 JUL 2013
... head of Westpac Online Investing James Staltari said. "The Daily Share Tracker will give our customers an easy way to monitor their existing investments. It's a snapshot - a concise way of seeing how your portfolio is doing. It will also keep investors ...