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

Search Results

Showing 1221 - 1230 of 2383 results for "Rule"

Goldman ordered to pay $100m to NAB

STAFF WRITER  |  TUESDAY, 12 MAY 2015
Goldman Sachs has been ordered to pay US$80 million, plus around US$20 million in interest, to National Australia Bank for breaking rules related to the sale of mortgage-linked securities before the financial crisis. The US Financial Industry Regulatory ...

Retirees can increase their withdrawal rate: Milliman

DARREN SNYDER  |  MONDAY, 11 MAY 2015
... who could comfortably increase their standard withdrawal rate by at least 50% per annum. A recent Milliman paper, 'The 6% Rule', aims to answer how retirees can provide for themselves and suggests the common withdrawal rate of 4% can be upped to 6% with ...

Gearing for SMSFs won't be significant: Colley

DARREN SNYDER  |  WEDNESDAY, 6 MAY 2015
... with something about gearing in SMSFs and what that will be I don't really know," Colley said. "It seems there might be a rule about restricting the LRBA (limited recourse borrowing arrangement) for investments by superannuation funds in direct property ...

SMSF trustees warned SuperStream deadline looms

MARK SMITH  |  TUESDAY, 5 MAY 2015
The deadline for self-managed super funds (SMSFs) to be compliant with the SuperStream data standards is fast approaching, and trustees who have not done so need to prepare now, the SMSF Association has warned. SMSF Association chief executive and managing ...

Advice industry faces insurance quandary

ALEX BURKE  |  MONDAY, 4 MAY 2015
The advice industry is divided over how to fund an insurance scheme to compensate clients who receive bad advice. A rise in professional indemnity premiums is only compounding the problem. Senators Nick Xenophon and Sam Dastyari proposed a statutory ...

LGS launches shareholder voting website

DARREN SNYDER  |  MONDAY, 4 MAY 2015
... to concerns that it may lead to a loss of shareholder value, it will also provide a reason for their voting decision. As a rule LGS votes in accordance with Australian Council of Superannuation Investors (ACSI) and CGI Glass Lewis recommendations, but ...

Volcker Alliance proposes new US regulator system

ALEX DUNNIN  |  MONDAY, 27 APR 2015
Six years after US financial regulatory mismanagement triggered the GFC, US policy makers are still debating how the US regulatory system should be restructured. The Volcker Alliance, a non-partisan regulatory think tank comprising former senior regulators ...

No changes to neg gearing, super in Budget

ALEX DUNNIN  |  TUESDAY, 21 APR 2015
Just three weeks out from the Abbott government's second budget, the Prime Minister and Assistant Treasurer have said there will be no changes to tax policy regarding negative gearing or superannuation. On speculation that the government might act to ...

The bad and the bad and the bad

BENJAMIN ONG  |  MONDAY, 20 APR 2015
It's bad, it's bad, it's bad you know it. They say bad news come in threes - we've got all three at the end of last week. Greece running out of money and reform deal still looks unlikely heading into its meeting with 'the institutions' four days and ...

Investors misunderstand smart beta: AXA IM

MARK SMITH  |  FRIDAY, 17 APR 2015
Investors' misunderstanding of 'smart beta' is leading them to inferior products, according to AXA Investment Managers director for Australia, Craig Hurt. Hurt said there is a common misconception that the term refers to indices weighted by some means ...