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Showing 13691 - 13700 of 21805 results for "Dec"

ASIC far too slow to act on misconduct: Senator

LAURA MILLAN  |  FRIDAY, 21 JUN 2013
The Australian Securities and Investments Commission (ASIC) has been "far too slow to act" on misconduct in the financial services industry, Nationals senator John Williams told Financial Standard. Yesterday Williams introduced a motion into Parliament ...

Government agrees to 12-month TASA exemption

LAURA MILLAN  |  THURSDAY, 20 JUN 2013
The government has agreed to extend the exemption for financial planners to become registered tax agents under the Tax Agent Services Act (TASA) bill. The current exemption will be extended to June 30, 2014 and there will be a three year transition ...

Australian millionaire numbers surge on strong economy

MARK SMITH  |  THURSDAY, 20 JUN 2013
The Australian high net worth (HNW) market is growing faster than the global average, according to the 2013 World Wealth Report. The annual Capgemini and RBC Wealth Management report showed that the number of millionaires in Australia grew by 15.1% ...

The Big Benny sings

BENJAMIN ONG  |  THURSDAY, 20 JUN 2013
I beg your pardon, but was that it? Was that the song we've waited all this time for Big Benny to sing? The song remains the same to me. The same tune Ben Bernanke sang on the 22nd of May. The June FOMC statement was practically a rehash of the one ...

Market Wrap AM

AAP  |  THURSDAY, 20 JUN 2013
The Australian market looks set to open lower following sharp falls on Wall Street after Federal Reserve chairman Ben Bernanke said the central bank expects to taper its bond-buying stimulus measure later this year. At 0810 AEST on Thursday, the June ...

UK RDR yet to change adviser charging models

ALEX DUNNIN  |  WEDNESDAY, 19 JUN 2013
The UK Retail Distribution Review was launched with much fanfare end last year, but it seems to have had only minor material impact on adviser remuneration methods. A survey of the post-RDR impact released by the Action Consulting Goup (ACG) revealed ...

End of QE sounds death knell for 'zombie' stocks

MARK SMITH  |  WEDNESDAY, 19 JUN 2013
The tapering of quantitative easing (QE) will burst the bubble in high-yielding 'zombie' stocks, according to UK-based Duncan Lawrie Private Bank's James Humphreys. Stimulus measures by central banks in Europe, the US and Japan have propped up global ...

IMF to fund claims against Lehman Asia

MARK SMITH  |  WEDNESDAY, 19 JUN 2013
Listed legal funding company IMF has agreed to fund claims which have been filed in the High Court of Hong Kong this week on behalf of 63 churches, councils and charities against Lehman Asia. According to an announcement on the Australian Securities ...

Challenger stages lifetime annuities comeback

MARK SMITH  |  WEDNESDAY, 19 JUN 2013
Lifetime annuities could be staging a dramatic comeback with Challenger targeting sales of $240 million in the 2013 financial year. According to figures from Plan For Life, the industry has not seen demand of that size since 2004, when the top six companies ...

Market Wrap AM

AAP  |  WEDNESDAY, 19 JUN 2013
The Australian market looks set to open higher after Wall Street rose decisively as investors bet that the Federal Reserve will stay the course on its economic stimulus policy. At 0800 AEST on Wednesday, the June share price index futures contract was ...