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Showing 2061 - 2070 of 3274 results for "January 1 2016"

APRA releases draft RSE fraud management guide

ALEX DUNNIN  |  MONDAY, 27 OCT 2014
The Australian Prudential Regulation Authority (APRA) has just released for consultation a draft prudential practice guide concerning fraud risk management that Registrable Superannuation Entity (RSE) licensees will be expected to follow. In it the ...

Singapore CPF tightens fee caps

ALEX DUNNIN  |  MONDAY, 20 OCT 2014
Singapore's Central Provident Fund (CFP) has imposed tighter caps on the fees product providers are permitted to charge members in the CPF Investment Scheme (CPFIS). The CPFIS is the section in the scheme where members with more than S$20,000 are allowed ...

Now where have I heard that before?

BENJAMIN ONG  |  WEDNESDAY, 8 OCT 2014
Houston, we've got another one. Another one of those big falls on Wall Street - yup, those ones that almost always begs the question, is this the one (the start of a bigger correction) or another dip begging to be bought? This time it's the International ...

FSC-ISA battle recommences over MySuper data

JAMES FERNYHOUGH  |  FRIDAY, 3 OCT 2014
The release of the first set of MySuper data has fuelled the ongoing stoush between the retail and industry superannuation sectors. The Financial Services Council (FSC) claimed that the figures, released yesterday by the Australian Prudential Regulation ...

Accountant pays $10,000 fine for $100,000 fraud

LAURA MILLAN  |  FRIDAY, 3 OCT 2014
A former Perth company director will have to pay a $10,000 fine after inducing a 70-year-old investor to give his business a cheque for $100,000 and then using it for his own purposes. Andy Kay Hooi Lim saw his 12 months jail sentence wholly suspended ...

Misleading PDS costs NAB $10,200

LAURA MILLAN  |  WEDNESDAY, 1 OCT 2014
Making potentially misleading statements in a product disclosure statement (PDS) has seen National Australia Bank (NAB) get a $10,200 penalty from the Australian Securities and Investments Commission (ASIC). The regulator was concerned that the PDS ...

Flatline

BENJAMIN ONG  |  TUESDAY, 23 SEP 2014
Fifteen point zero nine points or just a little over 0.28%. This is all the All Ordinaries index need to slip by today to take it back to square one - where it was at the start of 2014. Given the lead from offshore markets overnight - the S&P 500 dropped ...

Sunrise, sunset

BENJAMIN ONG  |  FRIDAY, 19 SEP 2014
Yesterday we found out that financial markets' worry about the Fed was too much ado about "considerable time". Any moment now, we'll get to know how the land of "Braveheart" and scotch on the rocks - Scotland - voted with regards to their divorce with ...

Super Mario to the rescue (again)

BENJAMIN ONG  |  FRIDAY, 5 SEP 2014
Financial markets didn't get the kitchen sink they were hoping for but the fridge - along with the promise that the kitchen sink would come later - was good enough. With the eurozone economy in a coma - second quarter real GDP growth was zero - and ...

Higher adviser education should kick off on 2018: FPA

LAURA MILLAN  |  THURSDAY, 4 SEP 2014
New financial advisers should be forced to hold a higher education degree from January 1, 2018, the Financial Planning Association (FPA) said in its submission to a Parliamentary Joint Committee (PJC) inquiry. The PJC on Corporations and Financial Services ...