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Showing 1631 - 1640 of 2151 results for "AUD"

Streamlined SMSF software creates adviser revenue stream

BEN COLLINS  |  WEDNESDAY, 4 JUL 2012
Advisers can create an additional revenue source if they streamline their relationship with accountants and create the option to charge an administration fee to their increasing base of self-managed super funds (SMSF). With investment commissions removed ...

IMF issues buy order

BENJAMIN ONG  |  WEDNESDAY, 4 JUL 2012
Well, well, well. Don't look now folks for we may have just received the best indicator of the financial markets' direction over the next three months, at least. No Virginia, it's not yesterday's decision by the Reserve Bank of Australia (RBA) to sit ...

UK launches bank probe amid Libor scandal

MELANIE TIMBRELL  |  TUESDAY, 3 JUL 2012
British Prime Minister David Cameron has announced a full parliamentary inquiry into the British banking sector in the wake of a rate fixing scandal that has already claimed the scalp of Barclays chairman Marcus Agius. A bipartisan committee will hear ...

SMSF auditor competency education push

MELANIE TIMBRELL  |  TUESDAY, 26 JUN 2012
Details of the registration regime for auditors working in the SMSF sector, announced this week by superannuation minister Minister Bill Shorten, are broadly been in line with industry expectations although questions still remain around quality assurance. ...

New accountants' licence hailed as win for affordable advice

MELANIE TIMBRELL  |  MONDAY, 25 JUN 2012
The federal government's new conditional licensing regime for accountants has been applauded by professional bodies as a step to achieving broader access to financial advice. CPA Australia chief executive officer Alex Malley said the new rules are a ...

110 years prison for ex-SIB chief

BEN COLLINS  |  THURSDAY, 21 JUN 2012
In one of the most extreme prison sentences of its type, the former Chairman of Stanford International Bank has been sentenced to 110 years imprisonment in the US for orchestrating a 20-year fraud scheme in which he misappropriated $7 billion. Evidence ...

Centro settlement approved

MELANIE TIMBRELL  |  TUESDAY, 19 JUN 2012
The Federal Court in Melbourne this morning approved the $200 million class-action settlement to more than 5000 Centro investors from Centro and its former auditor, PricewaterhouseCoopers. Justice John Middleton said he found the settlement fair and ...

Cost pressures spark Vanguard fee cuts

MELANIE TIMBRELL  |  TUESDAY, 19 JUN 2012
... 0.34% to 0.18%, the International Shares Index Fund fee (unhedged) will also halve from 0.36% to 0.18%. The new fee for the AUD hedged iteration will be 0.21% and the Australian Fixed Interest Index Fund will move to 0.24%, meaning equity investing will ...

Trio: ASIC evidence insufficient to prosecute Flader

LINDA HAUSKEN  |  WEDNESDAY, 6 JUN 2012
ASIC revealed yesterday it has insufficient evidence to prove controller of the Trio Group, Jack Flader, has breached Australian Law. The Parliamentary Joint Committee on Corporations and Financial Services inquiry into the collapse of Trio Capital ...

NSW universities face $4.3bn in super liabilities

BEN COLLINS  |  MONDAY, 4 JUN 2012
The New South Wales auditor-general has cited a "critical need" for NSW universities to negotiate funding arrangements for superannuation liabilities with the Australian Government, after an audit of the state's 10 universities. The affected schemes ...