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Showing 2181 - 2190 of 2423 results for "Rule"

APRA extends custodian downstream rule exemption

ALEX DUNNIN  |  TUESDAY, 3 JUL 2007
New regulations by the Australian Prudential Regulation Authority (APRA) extends the exemption custodians had from some previous downstream outsourcing prohibitions, but only if the primary custodian continues to carry all the responsibility. The regulator ...

DSTi helps dealer groups audit easy

Financial services solutions provider DST International (DSTi) is making it easier for financial companies to track changes made to client records after the group expanded the Database Audit Module of its HiPortfolio/3 product. The feature enables the ...

AXA sidesteps ETP tax

CHRIS NICHOLLS  |  MONDAY, 2 JUL 2007
AXA has seized on a loophole in the new tax legislation introduced 1 July to offer employers a potential avenue for reducing tax on eligible termination payments (ETPs). Under the new ETP rules, most payments made under an employer-owned non-super group ...

Success of planners a double-edged sword

CHRIS NICHOLLS  |  MONDAY, 25 JUN 2007
Promoting financial planning may be the next big challenge for the industry, but it will also expose a chronic shortage of planners, according to AMP Financial Planning managing director Michael Guggenheimer. While the industry definitely needed to ...

Russell continues sales team growth

CHRIS NICHOLLS  |  MONDAY, 25 JUN 2007
Russell Investment Group today announced the appointment of former BNP Paribas executive Chris Briant as director of institutional sales. The move is part of Russell's move to provide more specialised solutions for institutional clients. Stephen Roberts ...

AMP NZ shifts passive portfolio to 100% active

The largest fund manager in NZ, AMP Capital Investors, has moved its entire global equities portfolio from 80 per cent passively managed and 20 per cent actively managed to 100 per cent actively managed to take advantage of new rules that will come ...

Market wrap - morning

AAP  |  FRIDAY, 22 JUN 2007
The Australian stock market is expected to open stronger on a positive lead from Wall Street. At 0657 AEST on the Sydney Futures Exchange, the September share price index was up 10 points at 6,402. Today, Mexican cement maker Cemex's bid for Rinker ...

ABN AMRO Craigs selects Gatekeeper

New Zealand-based advisory group ABN AMRO Craigs has signed up to use Gatekeeper, a new software solution developed by InvestmentLink to cater for new legislation around the KiwiSaver scheme. "With less than five months between the Budget and KiwiSaver ...

ASIC review to streamline IDPS rules

ALEX DUNNIN  |  THURSDAY, 21 JUN 2007
... similarly when there is no regulatory basis for different treatment." ASIC said, however, that any regulatory review and rule streamlining would still need to ensure consumers are fully protected. Under the proposals, ASIC said they wish to ensure that ...

RBNZ to become single NZ financial regulator

WWW.THESHEET.COM  |  THURSDAY, 21 JUN 2007
New rules being introduced in New Zealand mean finance companies and other organisations that take deposits from the public and other institutions, such as insurers and collective investment schemes, will have to be licensed by the Reserve Bank of New ...