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Showing 1541 - 1550 of 2383 results for "Rule"

FSC to seek inquiry extension

BEN COLLINS  |  WEDNESDAY, 16 JAN 2013
To ensure fair fees are paid for the management of all charitable trusts in Australia, the Financial Services Council yesterday said it would seek an extension to a Federal Government inquiry. Financial Services Council (FSC) senior policy manager Eve ...

SPAA backs limited recourse borrowing rule changes

MARK SMITH  |  TUESDAY, 15 JAN 2013
The SMSF Professionals' Association of Australia has backed the government's plan to redefine limited recourse borrowing arrangements as financial products. Based on proposed changes, only fully-licensed financial planners would be able to advise on ...

New super fund launch by SA Govt

MARK STORY  |  MONDAY, 14 JAN 2013
Super SA Select, a new SA government super fund which commenced on 1 January 2013 is targeting young workers, part-time and casual public sector employees. Designed to provide SA public sector employees with more choice for their super, Super SA members ...

Advisers at risk over asset-based fees

BEN COLLINS  |  THURSDAY, 10 JAN 2013
... solutions where appropriate, even if that means the client is less likely to need future advice. "The new Conflicts Priority Rule means that advisers cannot recommend strategies or products that create extra revenue for themselves or their licensees ...

Not all ETFs are made equal: Lonsec

MARK STORY  |  WEDNESDAY, 12 DEC 2012
While the search for yield is making its way into the ETF space, Michael Elsworth, general manager (specialised research) at Lonsec cautions investors to have a strong understanding of what they're really investing in. He says it's essential for investors ...

ASIC eyes off researchers

BEN COLLINS  |  TUESDAY, 11 DEC 2012
Australia's corporate watchdog will conduct targeted surveillance of research report providers after it unveiled updated policy to improve the reliability of their products yesterday. The Australian Securities and Investments Commission (ASIC) said ...

Adviser permanently banned after eight year fraud

ALEX DUNNIN  |  WEDNESDAY, 5 DEC 2012
ASIC yesterday obtained court orders permanently banning a financial adviser after the NSW Supreme Court found she defrauded clients of more than $3.6 million over eight years. According to a statement from ASIC, the Court ruled that Melinda Scott would ...

Nothing new in objectives-based investing

ALEX DUNNIN  |  MONDAY, 3 DEC 2012
Objectives-based investing is nothing new and fund fiduciaries being pushed to adopt it should instead see it as recognition that traditional investment approaches has many inbuilt limitations. Tony MacKenzie, chief strategist at QIC, told the ASFA ...

MySuper tranche three clears House of Reps

BEN COLLINS  |  FRIDAY, 30 NOV 2012
Tranche three of the Government's MySuper legislation has passed with complete support through the House of Representatives, on the last sitting day for the year. Passed yesterday, the Bill contains one of the key components of the Gillard Government's ...

Challenger ready for new capital rules

BEN COLLINS  |  TUESDAY, 27 NOV 2012
Uncertainties around extra capital requirements have been resolved and should ease pressure on Challenger's share price, confirmed the annuities' provider's chief executive Brian Benari yesterday "Uncertainty in relation to the impact of the new standards ...