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Showing 1341 - 1350 of 1978 results for "TAS"

ASIC brandishes whip on dark liquidity and HFT

JAMES FERNYHOUGH  |  TUESDAY, 13 AUG 2013
Dark liquidity and high frequency trading (HFT) will be subject to new regulation after the Australian Securities and Investments Commission (ASIC) announced its new market integrity rules. ASIC Commissioner Cathie Armour said the new rules will improve ...

Election result to shape the industry: FPA

LAURA MILLAN  |  FRIDAY, 9 AUG 2013
The result of the federal election is critical and will shape the financial services industry for future, Financial Planning Association (FPA) manager of Policy and Conduct Dante De Gori said. The FPA views the September 7 election as a challenge and ...

New dark pool transparency rules introduced

MARK SMITH  |  TUESDAY, 6 AUG 2013
New rules affecting dark pools and high frequency trading (HFT) have been introduced in a bid to improve transparency. Minister Assisting for Financial Services and Superannuation David Bradbury announced a package of market integrity rules just prior ...

Gunns chair pleads guilty to insider trading

JAMES FERNYHOUGH  |  TUESDAY, 6 AUG 2013
John Gay, the former chairman of forestry company Gunns Limited, has pleaded guilty to insider trading. In December 2009, Gay sold 3.4 million shares in Gunns when he had inside information that the company's was faring poorly. When the company's half-year ...

Labor pledges five-year freeze on super tax

MARK SMITH  |  THURSDAY, 1 AUG 2013
A re-elected Labor government would make no changes to superannuation for five years and aims to enshrine a policy in law that would make future changes possible only once every five years hence, Treasurer Chris Bowen said. The Treasurer unveiled a ...

Labor promises five-year freeze on super tax

JAMES FERNYHOUGH  |  WEDNESDAY, 31 JUL 2013
Labor will make 'no major changes' to superannuation tax policy for the next five years should they be re-elected, Treasurer Chris Bowen has announced. Bowen said this promise, which will be enshrined in legislation should Labor win the imminent federal ...

Market Wrap AM

AAP  |  WEDNESDAY, 31 JUL 2013
The Australian share market is set to open slightly higher despite a quiet night on Wall Street as investors wait for the outcome of a US Federal Reserve policy meeting. The September share price index futures contract is up seven points at 5,014. The ...

Goldman Sachs AM builds up third party distribution team

JAMES FERNYHOUGH  |  FRIDAY, 26 JUL 2013
Goldman Sachs Asset Manager (GSAM) has appointed Sam Besley as key account manager of its third party distribution business. Besley will be based in Melbourne and will manage adviser relationships within Victoria and Tasmania. He will report to GSAM ...

FPA outlines concerns on TASA submission to Treasury

LAURA MILLAN  |  MONDAY, 22 JUL 2013
More clarification over the definition of 'tax advice' and requirements for training is needed in the amendments to the Tax Agent Services Act (TASA) 2009 the Financial Planning Association (FPA ) said in a submission to Treasury. FPA argued that "there ...

Super funds unready for trans-Tasman transfer rules

JAMES FERNYHOUGH  |  MONDAY, 22 JUL 2013
New laws allowing trans-Tasman emigrants to take their superannuation with them are finding themselves frustrated by Australian funds struggling to keep up with the requirements. Under the trans-Tasman portability arrangements which came into effect ...