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Showing 1711 - 1720 of 2383 results for "Rule"

A minute to midnight sees super funds merge

ALISON BEVEGE  |  THURSDAY, 21 JUL 2011
... assets," he said. But when making your transaction official at the turn of the financial year, nobody is really sure what the rule should be. "We went to the regulator and asked - and they were flummoxed," he said. Russell later told Financial Standard ...

Super fund director taken to court for fees

ALISON BEVEGE  |  MONDAY, 18 JUL 2011
An industry superannuation fund director and union boss is being taken to court for the board fees he earned, by another state secretary of his union. Dean Mighell, Victorian secretary of the Electrical Trades Union (ETU), lodged a statement of claim ...

Alliance brings cloud power to financial services

BLOOMBERG RELEASE  |  FRIDAY, 15 JUL 2011
Bloomberg has integrated its electronic communications compliance software Bloomberg Vault with Microsoft Office 365, incorporating cloud archiving in the product the firm said today. The product helps financial services firms meet global regulatory ...

ASIC warns it will act on rogue ETF pricing

ALISON BEVEGE  |  WEDNESDAY, 13 JUL 2011
The Australian Securities and Investment Commission today warned that it would take action if exchange-traded fund prices interfere with market integrity by being too removed from the underlying index. The trading watchdog flagged more than 23,000 general ...

SMSFs may be banned from buying shares off-market

ALISON BEVEGE  |  FRIDAY, 8 JUL 2011
Self-managed super funds will be banned from buying or selling assets to related parties in off-market transfers if the Government adopts Stronger Super recommendations currently being considered. The proposed ban would mean that SMSFs would have to ...

Financial Planners want level playing field on commissions

ALISON BEVEGE  |  WEDNESDAY, 6 JUL 2011
Stockbrokers should be subject to the same rules on conflicted remuneration and commissions as the rest of the financial services industry and not seek special dispensation, financial planners have said. Stockbrokers have reportedly asked to be exempted ...

Former UBS star team launches flagship Bennelong Avoca fund

ALISON BEVEGE  |  THURSDAY, 30 JUN 2011
Boutique firm Avoca Investment Management, headed by former UBS star portfolio managers John Campbell and Jeremy Bendeich, today launched its cornerstone equities fund. John Campbell, chief investment officer at Avoca, said the Bennelong Avoca Emerging ...

Market Wrap -Morning

AAP  |  TUESDAY, 28 JUN 2011
The Australian share market was expected to open stronger after a resurgence on Wall Street overnight as fears eased over Greece's debt crisis. At 0710 AEST, the September share price index futures contract was up 49 points at 4,491. In economic news ...

Time to call it quits - again

BENJAMIN ONG  |  MONDAY, 27 JUN 2011
Brace yourself people! We might be in for another rough one this week. Gauging from the S&P 500's 1.2 per cent fall on Friday last week, hang on to your hat Australia. This was reportedly triggered by massive falls in the share price of UniCredit -- ...

All clear for a bail

BENJAMIN ONG  |  WEDNESDAY, 22 JUN 2011
All seems to be clear on the western front today. The sun is shining, the sky is blue (even here in Melbourne) and everything looks hunky-dory, thanks very much. There was a kind of hush all over the world last night - hush over the tragedy that is ...