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Showing 3031 - 3040 of 6696 results for "Securities"

ASIC increases NTA requirements for custodians

JAMES FERNYHOUGH  |  MONDAY, 1 JUL 2013
The Australian Securities and Investments Commission (ASIC) has introduced new regulations over the amount custodians are required to hold in net tangible assets (NTA). Under the new regulations, custodians must hold 10% of average annual revenue in ...

FirstChoice platform offers PIMCO bonds

LAURA MILLAN  |  MONDAY, 1 JUL 2013
... volatility. The PIMCO global bond offering on FirstChoice invests in government, corporate, mortgage and other fixed income securities, and can also invest in non-investment grade fixed interest securities and emerging markets. It is benchmarked against ...

Platforms to explain choice of investment products

LAURA MILLAN  |  MONDAY, 1 JUL 2013
The Australian Securities and Investments Committee (ASIC) has updated its platform guidance to require platform operators to explain how they choose the products on offer to investors. The new requirements follow the last review of the sector, which ...

Storm founders will face trial

LAURA MILLAN  |  MONDAY, 1 JUL 2013
... trial after the Federal Court decided to dismiss their application for a summary dismissal of the case. The Australian Securities and Investments Commission (ASIC) will pursue its civil penalty proceedings alleging that the former executive directors ...

Market Wrap AM

AAP  |  MONDAY, 1 JUL 2013
... of manufacturing (PMI) index, also for June. The Dun and Bradstreet releases its business expectations survey and TD Securities-Melbourne Institute its inflation gauge for June. No major equities news is expected. In Australia, the market on Friday fell ...

WHK renames to Crowe Horwath

LAURA MILLAN  |  FRIDAY, 28 JUN 2013
... The rename will be effective at the end of July and the company will also change its trading code in the Australian Securities Exchange (ASX) from WHG to CRH, effective August 2, 2013. The decision comes after WHK rival company SFG Australia started ...

Trust now looking at revised EQT offer

LAURA MILLAN  |  FRIDAY, 28 JUN 2013
... process to decide between the takeover offers from EQT and Perpetual. In a statement made public on the Australian Securities and Exchange (ASX), The Trust Company said that it will conduct a synergy assessment exercise with EQT to determine how EQT ...

But industry bodies see FoFA delay "unlikely"

LAURA MILLAN  |  FRIDAY, 28 JUN 2013
... Rantall said planners have been "working hard" to meet the requirements of the legislation and that the Australian Securities and Investments Commission (ASIC) has promised a "facilitative approach" to the legislation over the next twelve months. "We ...

HUB24 adds Perpetual SMA to platform

LAURA MILLAN  |  THURSDAY, 27 JUN 2013
... asset consultants and dealer groups. This is in addition to the more than 800 wholesale managed funds, 1,000 listed securities and multiple term deposit and insurance options, including the recently added AIA retail life insurance products. "HUB24's ...

Former Everest CEO banned from financial services

LAURA MILLAN  |  THURSDAY, 27 JUN 2013
... financial services industry for two years. Reid has entered into an enforceable undertaking (EU) with the Australian Securities and Investments Committee (ASIC). For the next two years he will not be able to provide financial services, hold an Australian ...