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Showing 2001 - 2010 of 2989 results for "ARRA"

Austock bid on ice

BEN COLLINS  |  FRIDAY, 6 JUL 2012
A trading halt placed on the Austock Group may impact Mariner Corporation's takeover bid for the company. The trading halt followed reports that Austock chief executive Bill Bessemer was in talks with Folkestone Limited about a joint venture to run ...

Former adviser pleads guilty to dishonest dealings

LINDA HAUSKEN  |  TUESDAY, 3 JUL 2012
Former financial adviser Trevor Wayne Carll has pleaded guilty in Adelaide District Court to one count of deception and two counts of dishonest dealings with documents. The charges arose from Australian Securities & Investments Commission's (ASIC) investigation ...

Perpetual sells registry business

BEN COLLINS  |  TUESDAY, 3 JUL 2012
Perpetual has sold its registry business to specialist back-office administrator MainstreamBPO as part of its wider restructure. A perpetual spokesperson said that "it was clear that the technology investment required to grow this business ourselves ...

Aust advisers to get dual Aust-NZ recognition

LINDA HAUSKEN  |  MONDAY, 2 JUL 2012
Australian Securities & Investments Commission has partnered with New Zealand's Financial Markets Authority to implement mutual recognition arrangements for Australian and New Zealand advisers. The Trans-Tasman mutual recognition arrangements will enable ...

Wins and losses in PC default super report

ALEX DUNNIN  |  FRIDAY, 29 JUN 2012
The Productivity Commission has handed down its draft report on default superannuation funds, and while its recommendations were predictable, they represent big wins and yet severe threats for both sides of the industry. The inquiry was called in 2009 ...

Adviser pleads guilty to dishonest conduct

LINDA HAUSKEN  |  WEDNESDAY, 27 JUN 2012
Former financial adviser Susan Heathwood has pleaded guilty to dishonest conduct on two accounts by falsifying insurance applications in order to collect commissions. The ex adviser pleaded guilty on two counts in Downing Centre Local Court yesterday ...

SPAA brands SuperStream costs illogical

LINDA HAUSKEN  |  WEDNESDAY, 27 JUN 2012
The Self Managed Super Funds Professional Association of Australia (SPAA) has dismissed calls by the Australian Institute of Superannuation Trustees (AIST) for self managed super fund members to make significant contributions towards the SuperStream ...

SMSF auditor competency education push

MELANIE TIMBRELL  |  TUESDAY, 26 JUN 2012
Details of the registration regime for auditors working in the SMSF sector, announced this week by superannuation minister Minister Bill Shorten, are broadly been in line with industry expectations although questions still remain around quality assurance. ...

Coalition releases super manifesto

ALEX DUNNIN  |  WEDNESDAY, 20 JUN 2012
Shadow spokesperson for superannuation, Senator Mathias Cormann, has released a wishlist for what he believes is needed to fix falling confidence in superannuation and the list looks very much like a superannuation policy manifesto for the 2013 federal ...

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 ...