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Showing 12371 - 12380 of 20559 results for "BEN"

ASIC bans two advisers

MELANIE TIMBRELL  |  TUESDAY, 25 SEP 2012
ASIC has banned two advisers from providing financial services following breaches including unlawful early release of superannuation benefits. Simon Turudia, formerly an authorised representative of AMP Financial Planning was found to have arranged ...

Controversial short-sell ban inconclusive

MELANIE TIMBRELL  |  TUESDAY, 25 SEP 2012
ASIC has defended its 2008 decision to permanently ban naked short-selling and temporarily ban covered short sales, despite its report on the GFC restrictions being inconclusive as to outcome. Yesterday the regulator's deputy chairman Belinda Gibson ...

Innovative income fund pays dividends

MARK STORY  |  TUESDAY, 25 SEP 2012
Since its inception a year ago specifically to maximise returns for zero tax payers such as pension funds and charities, Plato Investment Management Limited (Plato) has delivered an attractive 9.5% income yield (inclusive of franking credits) within ...

Star alignment

BENJAMIN ONG  |  TUESDAY, 25 SEP 2012
The stars appear to be aligning for those calling on the Reserve Bank of Australia (RBA) to give official interest rates another chop when they meet to deliberate on monetary policy next week. Let's start with the minutes of the 4 September meeting. ...

Market Wrap

AAP  |  TUESDAY, 25 SEP 2012
The Australian market looks set to open slightly lower after overnight falls on US and European bourses as confidence from the Federal Reserve's stimulus measures fade and concern over the euro zone's debt returns. At 0805 AEST on Tuesday, the December ...

QE3 will be different

LINDA HAUSKEN  |  MONDAY, 24 SEP 2012
The Federal Reserve's new easing programme, know as QE3, could be different from the first two rounds due to a stronger global economy and improvements within the US housing market, Fidelity said. According to Core Logic the level of negative equity ...

InsuranceLine launches Income Protection Plus

LINDA HAUSKEN  |  MONDAY, 24 SEP 2012
Direct insurance provider InsuranceLine Australia has launched a new income protection plus product, which it claims will bring simplicity, flexibility and affordability to the Australian market. The new product, Income Protection Plus, offers applicants ...

Discretion strictly case-by-case in new SMSF audit scheme

BEN COLLINS  |  MONDAY, 24 SEP 2012
Discretion will be applied on a strictly case-by-case basis, for accountants registering with the Australian Securities & Investments Commission's self managed super fund auditor program. Requirements such as tertiary qualifications, an exam and other ...

ANZ sells mortgage business

BEN COLLINS  |  MONDAY, 24 SEP 2012
Origin, ANZ's wholesale mortgage business will be sold to Columbus Capital, for an undisclosed amount under an agreement announced on Friday. ANZ said that the sale is consistent with its focus on its own branded mortgage products and a disciplined ...

Market Wrap

AAP  |  MONDAY, 24 SEP 2012
Australian stocks have opened weaker, with the mining-related sectors leading the broader market lower. At 1028 AEST on Monday, the benchmark S&P/ASX200 index was down 18.4 points, or 0.42 per cent, at 4,389.9 points, while the broader All Ordinaries ...