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Showing 1641 - 1650 of 2422 results for "Rule"

FSC focuses FATCA talk on govt agreement

MELANIE TIMBRELL  |  WEDNESDAY, 18 JUL 2012
Financial Services Council chief John Brogden is back in Washington DC arguing for a country specific exemption for Australian super funds to avoid compliance burdens associated with the contentious FATCA regime. Under draft Foreign Account Tax Compliance ...

Uncertainly good or bad

BENJAMIN ONG  |  WEDNESDAY, 11 JUL 2012
There is the good news. The EU finally came through and is about to implement its first set of "breakthroughs" agreed upon at last month's summit. Eurozone finance ministers shook hands on the a,-100 billion aid promised to Spain, with an initial downpayment ...

China approves cross-border ETFs

MELANIE TIMBRELL  |  MONDAY, 2 JUL 2012
... Chinese President Hu Jintao visited Hong Kong to celebrate 15 years since the territory was returned to China from British rule. The CSRC has approved two fund managers to create funds tracking Hong Kong indexes. E Fund Management Co. will launch an ...

DomaCom to offer advisers free software

LINDA HAUSKEN  |  FRIDAY, 29 JUN 2012
Internet-based property investment vehicle DomaCom is set to offer advisers free access to an online financial planning software tool. DomaCom Guided Planning System (GPS) is a software application that enables advisers to assess their clients' current ...

Market Wrap

AAP  |  FRIDAY, 29 JUN 2012
The Australian market looks set to open slightly lower. At 0635 AEST on Friday, the June share price index futures contract was down seven points at 4,013. In economic news on Friday, the Reserve Bank of Australia (RBA) is set to release May's financial ...

UK to ban platform payments

ALEX DUNNIN  |  THURSDAY, 28 JUN 2012
Payments to platforms from service providers are set to be banned in the UK by the Financial Services Authority (FSA), triggering reactions that the reforms would shift $30 million in costs directly onto consumers. The proposals are contained in a discussion ...

New accountants' licence hailed as win for affordable advice

MELANIE TIMBRELL  |  MONDAY, 25 JUN 2012
... to financial advice across the community." Andrew Conway, chief executive of the Institute of Public Accountants said the rule is a culmination of two years lobbying which has resulted in the removal of the accountants' exemption. "This new licensing ...

SMSF Trustees want compensation: SPAA

BEN COLLINS  |  THURSDAY, 21 JUN 2012
... be misinterpreted as an existing protection for clients. "He [Richard St John] wants that sorted out first, but he did not rule it out as an option," he said. A spokesman for the federal minister for superannuation and financial services Bill Shorten ...

ATO warns on structured products

MELANIE TIMBRELL  |  FRIDAY, 15 JUN 2012
The Australian Tax Office has issued a warning on sophisticated structured financial products that claim to offer franking credits among tax benefits to investors. Michael D'Ascenzo, tax commissioner at the ATO has said the products involved claimed ...

Shareholder backlash hits Macquarie MGU

MELANIE TIMBRELL  |  TUESDAY, 5 JUN 2012
Western Investment LLC, a large shareholder in Macquarie Global Infrastructure Total Return Fund, has publicly criticised the fund's board of directors, claiming they are failing to act in shareholders' best interests. Western Investment (Western) is ...