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Showing 1331 - 1340 of 1948 results for "Proposal"

Market Wrap - Morning

AAP  |  TUESDAY, 29 NOV 2011
The Australian share market is set to continue its rally as world markets rose overnight on hopes of progress on Europe's debt crisis. At 0824 AEDT on Monday, the December share price index futures contract was 26 points higher at 4,104. The market ...

Industry hits out at Best Interest

CLAIRE MCGREAL  |  FRIDAY, 25 NOV 2011
The Financial Services Council has slammed the government's Best Interest Duty proposal as being "unworkable", warning that in its current form, would give rise to "significant unintended consequences". The contentious proposal, which was tabled in ...

FOFA Tranche 2 reforms tabled in Parliament today

ELISE BURGESS  |  THURSDAY, 24 NOV 2011
... remuneration payments that influence financial advice proposals and amendments to the Best Interest Duty. Under the FOFA proposal to ban on conflicted remuneration to risk insurance, the Government has requested to ban up-front and trailing commissions ...

MySuper rings alarm for Corporate Super

CLAIRE MCGREAL  |  MONDAY, 21 NOV 2011
Corporate superannuation advisers have voiced their concerns over MySuper measures, claiming they would ultimately deter corporate fund members from engaging with their retirement savings. The government's MySuper proposals seek to establish a low cost ...

FOFA will pass: Shorten, FPA

ELISE BURGESS  |  FRIDAY, 18 NOV 2011
Minister for Financial Services and Superannuation Bill Shorten and the FPA agree that the FOFA reforms will pass through parliament, with the Minister urging planners to embrace change as a necessary survival tool for the betterment of the industry. ...

ACCC gives CBA Count acquisition the go-ahead

CLAIRE MCGREAL  |  FRIDAY, 18 NOV 2011
... that the Schemes are in the best interests of Count shareholders and Count optionholders, in the absence of a superior proposal," said the firm. "The Independent Expert has also concluded that the Schemes are, in the absence of a superior offer, fair ...

Research houses in regulatory spotlight

CLAIRE MCGREAL  |  WEDNESDAY, 16 NOV 2011
ASIC has put down proposals to completely separate research houses from their business units to ensure conflicts of interest are properly managed. The consultation paper was developed over concerns about the independence and quality of research reports. ...

Congressmen agitate for US transaction tax

ALEX DUNNIN  |  THURSDAY, 3 NOV 2011
... Wall Street despite a push by Germany and France for the tax to be implemented worldwide. "[But] any momentum for the EU proposal could keep discussions alive in the US." Harkin dismissed complaints the tax would be expensive. "It's a significant way ...

Market Wrap - Midday

AAP  |  TUESDAY, 1 NOV 2011
The Australian share market fell almost 1.5 per cent by noon after the release of softer than expected manufacturing figures from China. It came after US stocks plunged on Monday amid renewed worries about the eurozone debt crisis, which claimed its ...

2012 China study tour launched

RACHEL DAVIS  |  FRIDAY, 28 OCT 2011
Premium China Funds Management has launched its China Study Tour for 2012, offering a unique insight into the culture and business opportunities offered by Australia's number one trading partner. Austrade has seen around 1500 companies increasing its ...