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Showing 1451 - 1460 of 3606 results for "Limited"

ASIC audits limited AFSLs

KARREN VERGARA  |  THURSDAY, 20 JUL 2017
ASIC recently audited 20 limited AFSL holders to assess how they were faring with their obligations following the removal of an exception for accountants to give advice on SMSFs in July last year. ASIC found licensees were uncertain about steps they ...

Asset managers held to higher standard: FSC

EMMA RAPAPORT  |  THURSDAY, 20 JUL 2017
... values and underlying investment philosophy, and approach to asset stewardship. These disclosures will include, but not be limited to: remuneration policy, management of conflicts of interest, whistle-blower protection policy, and brokerage and commissions. ...

FOFA breach sees former adviser banned

JAMIE WILLIAMSON  |  THURSDAY, 20 JUL 2017
... the corporate regulator found he had advised four clients to establish a self-managed superannuation fund (SMSF) and use limited recourse borrowing arrangements (LBRAs) to fund the purchase of real property. This advice was deemed by ASIC to be in breach ...

Macquarie unveils adviser payment service

KARREN VERGARA  |  TUESDAY, 18 JUL 2017
... confirmation email and SMS is then sent to the client once the transaction is processed. Payments to any account in Australia are limited to $100,000 per day, while transfers to a nominated account has no daily limit, the user guide shows. Macquarie ...

Last chance: Financial Standard ETF Forum

DARREN SNYDER  |  MONDAY, 17 JUL 2017
The Financial Standard Best Practice Forum on Exchange Traded Funds is a fortnight away and there's limited space left for financial advisers and other industry professionals. Following a successful inaugural event in Sydney last year, the 2017 Best ...

China awards private fund license to $900bn manager

ALEX BURKE  |  FRIDAY, 14 JUL 2017
... Asia-Pacific Rene Buehlmann said: "UBS Asset Management is the first international manager with a [Qualified Domestic Limited Partnership] quota to receive a PFM license in China's onshore market." "Securing the license expands the breadth and depth ...

Xero seeks global growth, director steps down

EMMA RAPAPORT  |  WEDNESDAY, 12 JUL 2017
... 2016 the company share price (ASX: XRO) has increased from around $17 in July 2016 to $24.44 today, a price which Xero Limited hasn't reached since March 2015. "It has been a milestone year for Xero. We have executed on all fronts to achieve strong results ...

Business conditions return to pre-GFC levels

BENJAMIN ONG  |  WEDNESDAY, 12 JUL 2017
... upbeat the business sector is, given the context of a fairly beleaguered household sector that has been weighed down by limited wages growth and record levels of debt." These are the printed words of NAB chief economist, Alan Oster, contained in the ...

Fintechs pose disintermediation threat: CFA

KARREN VERGARA  |  TUESDAY, 11 JUL 2017
... likely disrupt financial institutions together with artificial intelligence, big data and cyber security - albeit with "limited discussion." Serhan noted within Australia's superannuation system, robo-advisers can be most beneficial by delivering tailor-made ...

Responsible investment continues to gain acceptance among investors

EMMA RAPAPORT  |  MONDAY, 10 JUL 2017
... products. A 2016 TIAA Investments survey in the US found that one in four affluent investors and advisers said RI options were limited or that the category lacked quality choices, while 51% of US financial advisers said RI did not provide the same rate ...