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Showing 1481 - 1490 of 2383 results for "Rule"

CAMAC recommends charitable trust audits

LAURA MILLAN  |  FRIDAY, 31 MAY 2013
The Corporations and Markets Advisory Committee (CAMAC) has recommended that charitable trusts managed by licensed trustee companies (LTC) be audited in a new report. CAMAC's 'Administration of charitable trusts' report said that there is a deficit ...

Wellington Capital to take PIF case to High Court

LAURA MILLAN  |  FRIDAY, 31 MAY 2013
... High Court after the Federal Court ruled that distribution of PIF shares to Asset Resolution Limited (ARL) was invalid. The rule overturns an early decision of the same court, which dismissed an application by the Australian Securities and Investments ...

Adviser "enshrinement" bill passes through lower house

ALICE URIBE  |  WEDNESDAY, 29 MAY 2013
The House of Representatives has passed the Corporations Amendment (Simple Corporate Bonds and Other Measures) Bill 2013 with amendments to enshrine the terms 'financial adviser' and 'financial planner' in law. Currently under the C orporations Act ...

EQT gives more time to The Trust Company

LAURA MILLAN  |  MONDAY, 27 MAY 2013
Equity Trustees (EQT) is giving The Trust Company shareholders more time to consider its offer, which will now close on July 31, 2013. In a letter to The Trust Company shareholders, EQT asked them to ignore the Perpetual offer to buy 100% of the shares. ...

Preamium SMA deemed suitable for SIV investors

MARK SMITH  |  FRIDAY, 24 MAY 2013
Preamium has announced that its separately managed account (SMA) platform qualifies as a complying investment under the rules of Government's Significant Investment Visa (SIV) Scheme. The scheme is designed to fast-track wealthy visa applicants to Australia ...

Retirees could benefit from a vibrant annuities market

JAMES FERNYHOUGH  |  FRIDAY, 24 MAY 2013
At the Actuaries Summit held in Sydney this week, Professor Anthony Asher of the Actuaries Institute's Retirement Income Working Group stressed the need to develop a "vibrant annuity market", in line with much of the rest of the world. "It's very difficult ...

SuperStream data standards superficial

ALEX DUNNIN  |  TUESDAY, 21 MAY 2013
SuperStream's data standards only superficially deal with how gateways will interact with each other, according to the SuperStream Gateway Project (SGP). In a newsletter to stakeholders this week the group wrote: "the SuperStream data standards only ...

The Trust Company rules out EQT takeover

MARK SMITH  |  MONDAY, 20 MAY 2013
... held in The Trust Company and the two companies entered a scheme implementation agreement. This latest statement seems to rule out a takeover by EQT, despite the fund manager offering an improved bid of 37 EQT shares for every 100 in The Trust Company. ...

MoneySmart list of unlicensed companies approaches 700

MARK SMITH  |  FRIDAY, 17 MAY 2013
... average month. Financial Planning Association (FPA) chief executive Mark Rantall said people should follow a very simple rule when it came to unsolicited approaches from investment groups. "If it sounds too good to be true then it usually is," he said. ...

ATO release another SMSF self help guide

ALEX DUNNIN  |  FRIDAY, 17 MAY 2013
Reflecting the rise and rise of self directed self-managed superannuation fund (SMSF) investors, the Australian Taxation Office (ATO) has issued a publication aimed at explaining to SMSF trustees the rules around how they can pay benefits from their ...