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Showing 1661 - 1670 of 2422 results for "Rule"

Budget: Super changes risk sound investment

MELANIE TIMBRELL  |  WEDNESDAY, 9 MAY 2012
A two-year deferral of the increased super concessional contributions cap for over 50s risks derailing efficient investment and exacerbating member disengagement, according to industry reaction following last night's Budget. Representing a saving of ...

Clarity needed for FOFA opt-in exemption

RACHEL DAVIS  |  FRIDAY, 4 MAY 2012
The recent announcement that financial planners operating under codes of conduct approved by ASIC will be exempt from opt-in requirements has created further confusion in an already uncertain environment, according to Minter Ellison. Advisers who choose ...

Industry rejects changes to super tax

MELANIE TIMBRELL  |  MONDAY, 23 APR 2012
... of proposed adjustment. Four industry bodies hit back on Friday in a joint statement aimed at a Government commitment to rule out changes to super tax, saying the proposals would impact confidence in the super system and compromise the stability of Australians ...

Market Wrap - Morning

AAP  |  FRIDAY, 13 APR 2012
... after European Central Bank board member Benoit Coeure suggested markets were overestimating Spain's problems and did not rule out additional purchases of sovereign debt. Hong Kong-listed Chinese banks were among the day's biggest blue-chip gainers. ...

Social media trials in US continue

ELISE BURGESS  |  WEDNESDAY, 11 APR 2012
Morgan Stanley Smith Barney will continue its exploration into social media with a formal program to follow up on its 600 adviser pilot program. In May last year, Morgan Stanley began testing a pilot program to allow its financial advisers to interact ...

Budget tightening to hit IMR

MELANIE TIMBRELL  |  WEDNESDAY, 11 APR 2012
Revenue constraints and an unwillingness to concede reductions in the tax base may impact the timing of the Investment Manager Regime. That was the inference made by Treasury official Rob Heferen at the Senate Standing Committee on Economics yesterday. ...

ASX bolsters mid to small caps

MELANIE TIMBRELL  |  TUESDAY, 3 APR 2012
The Australian Stock Exchange has proposed admission and listing changes designed to facilitate capital raising for mid to small cap companies, many of which are WA-based resource outfits. Released yesterday, the proposals focus on strengthening equity ...

Cayman Islands hedge fund reforms on-track

ALEX DUNNIN  |  TUESDAY, 27 MAR 2012
Cayman Islands is extending the deadline for hedge fund operators to register their master funds, showing how delicate the balance is between improving financial regulation in the country, while not driving away hedge fund operators. The reforms follow ...

Market Wrap - Morning

AAP  |  FRIDAY, 23 MAR 2012
The Australian market looks set to open lower following falls on international markets overnight after unexpectedly weak euro zone economic data and disappointing Chinese figures. The federal opposition has vowed to repeal government legislation that ...

Breach in contrib caps should not be taken for revenue: CPA

MELANIE TIMBRELL  |  FRIDAY, 16 MAR 2012
Speaking at the House of Representatives Committee on Economics inquiry today, Michael Davison, superannuation policy adviser, CPA, warned against using a "sledgehammer for a walnut" by overcomplicating the law for a very small number who purposefully ...