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Showing 1391 - 1400 of 1801 results for "Regulation 2014"

Van Eyk ventures into NZ

COMPANY RELEASE  |  TUESDAY, 8 DEC 2009
Van Eyk Research has taken its first major step into the New Zealand market with the signing of AMP Financial Services New Zealand as an anchor client. Van Eyk chief executive Mark Thomas said the firm has watched closely the emergence of the Kiwi Saver ...

Dummy spit

BENJAMIN ONG  |  FRIDAY, 4 DEC 2009
You are the definition of moral hazard! These words - delivered by Kentucky Republican Senator Jim Bunning at Ben Bernanke's Senate hearing on his nomination for a second term as Chairman of the US Federal Reserve - perhaps reflects the embodiment of ...

Improving admin could stop fraudsters: SPAA

MICHAEL HOBBS  |  THURSDAY, 26 NOV 2009
Self managed super fund (SMSF) administration processes need to be refined to ensure fraudulent rollover schemes are detected and stopped, according to one industry body. Andrea Slattery, chief executive at the SMSF Professionals Association of Australia ...

Lessons learned from Opes Prime

RUTH LIEW  |  TUESDAY, 24 NOV 2009
From selling sophisticated products to retail investors to ineffective disclosure, the Ripoll Inquiry has investigated the factors that fuelled the failure of Opes Prime - and outlined what needs to be done to prevent future disasters. One of the biggest ...

Planners hit by ratings pullout

RUTH LIEW  |  THURSDAY, 19 NOV 2009
... research at BT Financial Group, recognised S&P's decision as a consistency protection measure, but cautioned that new regulation - such as those announced recently by ASIC - should not stifle the growth of the industry. "The global nature of many issuance ...

Bookmakers fund closer to liquidity resolution

RUTH LIEW  |  WEDNESDAY, 18 NOV 2009
Bookmakers Superannuation Fund, which in August announced it was facing liquidity issues, has made progress on the mortgages and property fronts to achieve a resolution for members. The fund applied to the Australian Prudential Regulation Authority ...

ASIC outlines credit agency requirements

COMPANY RELEASE  |  FRIDAY, 13 NOV 2009
Local credit rating agencies must hold an Australian Financial Services (AFS) licence, properly manage conflicts of interest that arise and ensure employees are adequately trained from January next year following regulatory changes. The Australian Securities ...

Super about national not personal savings: Morgan

RUTH LIEW  |  WEDNESDAY, 11 NOV 2009
Australia's growing current account deficit will inevitably lead to further policy action to increase national savings and the super industry will play a key role, said David Morgan, former chief executive of Westpac. Morgan told the ASFA conference ...

Christian Super tenders for custodian

MICHAEL HOBBS  |  THURSDAY, 29 OCT 2009
Christian Super is tendering for a custodian, hiring Brett Elvish, founder and director at Financial Viewpoint to assist the process. Peter Murphy, chief executive at Christian Super, said the fund is tendering as part of the Australian Prudential and ...

Forward unit pricing at Asset

RUTH LIEW  |  TUESDAY, 20 OCT 2009
The $1.1 billion Asset Super is adopting a "forward pricing" investment switching procedure - a move that will help the fund combat and prevent market arbitrage. Starting 1 November, the industry fund's weekly unit price that will apply to investment ...