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Showing 1761 - 1770 of 2812 results for "Regulation"

IOOF invests $75m in syndicated loan market

MARK SMITH  |  FRIDAY, 21 JUN 2013
... market acceptance from borrowers and banks. Since the global financial crisis (GFC), increased bank funding costs and regulation have increased the cost of bank lending, creating an opportunity for non-bank investors to access the market. IOOF said Australia's ...

Advisers face shrinking market as super funds merge

JAMES FERNYHOUGH  |  FRIDAY, 21 JUN 2013
... licence by the deadline will essentially be forced to merge - unless they want to challenge the Australian Prudential Regulation Authority. But this, she said, was simply not feasible for smaller funds, who would probably lose all their customers while ...

Coalition pledges support for super laws amendments bill

JAMES FERNYHOUGH  |  FRIDAY, 21 JUN 2013
The Coalition has said it will support the federal government's Superannuation Laws Amendment Bill, granting tax relief to superannuation funds which do not acquire a MySuper licence. Under MySuper regulations, funds which do not offer a MySuper product ...

Parliament passes TASA bill

LAURA MILLAN  |  THURSDAY, 20 JUN 2013
... expected to clarify the scope of tax financial advice definition and its interaction with the current TASA regime. The regulation will exempt tax advice provided by superannuation funds, insurers and managed investment schemes.

Government agrees to 12-month TASA exemption

LAURA MILLAN  |  THURSDAY, 20 JUN 2013
... expected to clarify the scope of tax financial advice definition and its interaction with the current TASA regime. The regulation will exempt tax advice provided by superannuation funds, insurers and managed investment schemes. "These measures will give ...

IFM mulls Asia office

ALICE URIBE  |  TUESDAY, 18 JUN 2013
Melbourne-based global manager Industry Funds Management (IFM) could set up a sales distribution office in Asia later this year as part of a strategy to raise capital from the region's large pension funds. IFM chief executive Brett Himbury told Financial ...

Fund CEOs slam MySuper as 'death by a thousand cuts'

JAMES FERNYHOUGH  |  MONDAY, 17 JUN 2013
Superannuation fund leaders have said MySuper will fail to achieve its aims, while ensuring significant costs to super funds, according to a report conducted by Sussman Associates. Medium sized, generic funds were expected to get the worst deal out ...

Praemium launches FoFA-ready CRM tool

MARK SMITH  |  MONDAY, 17 JUN 2013
Praemium has launched a new cloud-based customer relationship management (CRM) solution for financial advisers. WealthCraft, integrates fully with Microsoft Outlook, enabling advisers and wealth managers to track and manage interactions with clients ...

CBA launches MySuper compliant product

ALICE URIBE  |  MONDAY, 17 JUN 2013
... up to ten people. CFS was the first retail provider to be granted MySuper authorisation from Australian Prudential Regulation Authority (APRA).

AQUA II poses a challenge to wraps

JAMES FERNYHOUGH  |  MONDAY, 17 JUN 2013
The launch of the ASX Managed Funds Service (AMFS) - informally known as AQUA II - may be on the horizon following the release of a consultation paper by the Australian Securities and Investments Commission (ASIC). Widely seen as an alternative to big ...