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Showing 13481 - 13490 of 28311 results for "NOT"

Perpetual launches Native Title Trust

KERRIE SYDEE  |  WEDNESDAY, 1 JUN 2016
... omnibus structure applied across all participating communities. The trust is registered with the Australian Charities and Not-for-Profits Commission, with Perpetual as the trustee. Perpetual will also manage the administration, compliance, auditing ...

Lack of resources impacting ASIC

KERRIE SYDEE  |  WEDNESDAY, 1 JUN 2016
... refusal was due to the applicants providing "false or misleading information to ASIC on a number of occasions," applications not possessing adequate risk management systems, nominated responsible managers not showcasing "organisational competence" and ...

ASIC cancels AFSL of wholesale fund manager

KERRIE SYDEE  |  WEDNESDAY, 1 JUN 2016
... requirements around the lodgement of accounts, breached notifications, failed to meet Net Tangible Asset requirements and did not maintain adequate, competent staffing arrangements. "ASIC takes compliance with these obligations seriously as they are ...

SMSF accountants seek investment product knowledge

DARREN SNYDER  |  WEDNESDAY, 1 JUN 2016
... obtained either a full or limited Australian Financial Services Licence (AFSL) in the past 12 months, leaving more than 12,000 not completing the process before the 30 June deadline. Accountants need an AFSL to provide SMSF advice from 1 July. "It is ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 1 JUN 2016
... in April - has prompted expectations that the Conference Board measure of consumer mood would produce the same lift. It did not. The Conference Board's consumer confidence index declined to a reading of 92.6 in May from 94.7 in the previous month and ...

Self-employed missing super savings

DARREN SNYDER  |  TUESDAY, 31 MAY 2016
... Self-employed Australians are among those most in need of financial advice with new research showing about one-quarter does not have superannuation. About 10% of Australia's workforce is self-employed and although it is not compulsory for them to make ...

SMSFs granted ATO extension over LRBAs

DARREN SNYDER  |  TUESDAY, 31 MAY 2016
... amount which it would have received under an arm's length arrangement," the ATO said. The SMSF Association said LRBAs that are not held on arm's length terms are liable to having income generated from the investment taxed as "non-arm's length income" ...

Global equities tease income opportunity

KERRIE SYDEE  |  TUESDAY, 31 MAY 2016
... portfolios and instead review the opportunities presented by global equities. "Although international high yield investments do not carry franking credits, they offer access to attractive equity valuations in potentially unvalued markets and benefit ...

Small-caps can improve investment trade-offs

DARREN SNYDER  |  TUESDAY, 31 MAY 2016
... outperformed global large caps by about 4.2% a year over the past 15 years (to 29 January 2016) with their respective volatility not that dissimilar. The top quartile of investment managers in this asset class have consistently beaten the index by about ...

PROFILE: FSC chief executive Sally Loane

ALEX BURKE  |  TUESDAY, 31 MAY 2016
... thinking that was a lot of money to be 'giving up.' And we were encouraged to put extra money into it! I was like, 'Nope, not doing that.' Wish I had." Now, of course, Loane isn't just heavily involved with superannuation professionally; she also has ...

Editor's Choice

ASIC cancels AFSL of Australian Fiduciaries

RIDDHIMA TALWANI
ASIC has cancelled the Australian financial services licence (AFSL) of Queensland-based Australian Fiduciaries, which is currently in liquidation.

Treasury expects regulators to do the heavy lifting

MATTHEW WAI
Treasury has released new Statements of Expectations for APRA and ASIC, with an emphasis on how the regulators should promote a more sustainable and secured financial ecosystem.

NGS Super names head of strategy

MATTHEW WAI
NGS Super has appointed a former ASFA committe member as head of strategy, as the fund aims to strengthen its retirement offering.

SS&C axes jobs, shifts roles offshore

RIDDHIMA TALWANI
US software services giant SS&C Technologies has slashed 170 Australian roles in the operations, technology and delivery teams.

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Since becoming chief executive, Blake Briggs has renewed the Financial Services Council's influence, expanded the membership base, and strengthened its policy and advocacy credentials. Karren Vergara writes.
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