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Showing 3001 - 3010 of 3921 results for "law"

Yellow Brick Road launches funds management arm

ELISE BURGESS  |  TUESDAY, 1 NOV 2011
Yellow Brick Road Holdings has partnered with Coolabah Capital Investments to enter the funds management space, with plans to produce internally-manufactured alternative funds management solutions. Through a shareholders' agreement between the two firms ...

ASFA gets behind phoenix reforms

RACHEL DAVIS  |  MONDAY, 31 OCT 2011
... for any unpaid superannuation entitlements. On 13 October 2011, the Government presented a bill aimed at amending the tax law to better protect workers' entitlements to superannuation, strengthen the obligations of company directors and promote deterrence ...

AAT grants stay for AFSL cancellation decision

ELISE BURGESS  |  FRIDAY, 28 OCT 2011
The Administrative Appeals Tribunal has granted a stay on ASIC's ban of Romad Financial Services licence, although not without a number of conditions. The Administrative Appeals Tribunal (AAT) said yesterday it would grant a stay for Melbourne-based ...

Funds should target retirement income not returns

ALEX DUNNIN  |  THURSDAY, 27 OCT 2011
... allocations but retirement income replacement ratios, said Dr Larry Beeferman, from the Labor and Worklife Program at Harvard Law School. "If someone is in a default investment, should it be a default income level at retirement where you effectively ...

MacMillan wins AFA Adviser of the Year

ELISE BURGESS  |  WEDNESDAY, 26 OCT 2011
West Australian financial planner, Troy MacMillan, has taken out the top gong at the Association of Financial Advisers (AFA) annual conference and been named Adviser of the Year for 2011. The award, sponsored by Zurich Financial Services Australia ...

New insto governance service launched

ALEX DUNNIN  |  TUESDAY, 25 OCT 2011
Former ISS Governance Services executives have reformed under their own banner to launch a local governance service for institutional investors. Under the banner Ownership Matters, they said in a statement, "We have established Ownership Matters to ...

Credit Suisse: Aus second highest average wealth in the world

CLAIRE MCGREAL  |  THURSDAY, 20 OCT 2011
Australia has the second highest average wealth in the world at US $397,000 behind only Switzerland with US $540,010. The Credit Suisse 2011 Global Wealth report, which surveyed the world's 4.5 billion adults, also revealed that Australia's median wealth ...

First State Super chief handles furore over tech security

ELISE BURGESS  |  WEDNESDAY, 19 OCT 2011
First State Super has told Financial Standard it will not be pursuing legal proceedings against the 'goodwill hacker' who exposed a security flaw in its system, with the two parties to instead resolve any issues together. Michael Dwyer, chief executive ...

AMP appoints former AXA heads to merged business

CLAIRE MCGREAL  |  WEDNESDAY, 19 OCT 2011
AMP Financial Services has made a number of appointments to its key business divisions that see former AXA employees assume senior positions. The appointments come in banking and wealth management products, strategic marketing and sales and wealth protection ...

Waiting to exhale

BENJAMIN ONG  |  WEDNESDAY, 12 OCT 2011
Regular gentle readers would know by now that today's heading has in no way any relation to the 1995 romance film of the same title but to the goings-on in the financial markets. Equity markets didn't do much overnight. The S&P 500 was up a little ...