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Showing 1861 - 1870 of 2989 results for "ARRA"

WealthSure undertakes major reform of the business

LAURA MILLAN  |  TUESDAY, 3 SEP 2013
WealthSure is undertaking a full reform of its business after it entered into an enforceable undertaking following concerns by the Australian Securities and Investments Commission (ASIC) over poor compliance and failure to monitor advisers' actions. ...

Super fund sells hospital to government

JAMES FERNYHOUGH  |  TUESDAY, 3 SEP 2013
MTAA Super has sold its stake in Mildura Base Hospital (MBH) to the Victorian Government after 13 years of investment in the project. Since 2000, MDH has been under a public private partnership (PPP) arrangement, comprising the Victorian Government ...

Xpress Super adds direct property to SMSF platform

JAMES FERNYHOUGH  |  TUESDAY, 27 AUG 2013
Self-managed superannuation fund (SMSF) platform provider Xpress Super has added direct property to its suite of investments. The new option will allow SMSF trustees to access limited recourse borrowing arrangements (LRBAs) through two lenders, St George ...

ClearView reports 92% drop in profits

JAMES FERNYHOUGH  |  TUESDAY, 27 AUG 2013
Financial planning dealer group ClearView has reported a 92% drop in profits from last year, with net profit after tax (NPAT) of $1.9 million. This compares to NPAT of $22.3 million last year. Clearview also saw a drop in underlying NPAT, putting the ...

ASIC orders additional AFSL conditions on Sydney firm

LAURA MILLAN  |  MONDAY, 26 AUG 2013
The Australian Securities and Investments Commission (ASIC) has imposed additional licence conditions on the Australian financial services licence (AFSL) of a Sydney-based firm. ASIC identified concerns about the adequacy of Roco International's market ...

Too much super diverted to pay personal debt: CPA report

ALEX DUNNIN  |  MONDAY, 26 AUG 2013
Australia's superannuation policy is at risk of failing unless laws are introduced to quarantine savings for actual retirement income streams, warns CPA Australia in a major new report released to coincide with the 2013 federal election. Alex Malley ...

AMP buys into QLD school build project

MARK SMITH  |  TUESDAY, 20 AUG 2013

SMSF contributions down 25%, AMP survey finds

JAMES FERNYHOUGH  |  MONDAY, 19 AUG 2013
Self-managed superannuation fund (SMSF) contributions fell by $12,300 the 2012-13 financial year, according to the Multiport SMSF Investment Patterns Survey June 2013. Multiport, an SMSF administrator and subsidiary of AMP, surveyed 1,950 of its client ...

Stronger Super transparency rules too stringent: FSC

JAMES FERNYHOUGH  |  FRIDAY, 9 AUG 2013
The Financial Services Council (FSC) has called on Treasury to loosen transparency requirements associated with the Stronger Super reforms, including the product dashboard, portfolio holdings disclosure requirements, and Product Disclosure Statement ...

Victims push for new Trio fraud inquiry

LAURA MILLAN  |  FRIDAY, 9 AUG 2013
The Victims of Financial Fraud (VOFF) are pushing for another inquiry on the Trio Capital fraud after the Parliamentary Joint Committee (PJC) failed to address the victims' main issues of concern. VOFF spokesperson Paul Matters told Financial Standard ...