Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 3051 - 3060 of 4761 results for "July 2014"

ATO clarifies when a pension ceases

STAFF WRITERS  |  THURSDAY, 1 AUG 2013
The Australian Taxation Office has issued a ruling confirming the conditions for when a pension ceases. The ATO issued the Ruling to explain when a superannuation income stream commences and when it ceases, and consequently when a superannuation income ...

Regulator taking a "facilitative" approach to change

ALICE URIBE  |  THURSDAY, 1 AUG 2013
The Australia Securities and Investments Commission (ASIC) chairman Greg Medcraft reiterated his support to the financial services industry as it grapples with the implementation of regulatory changes, saying that the regulator would take a "facilitative" ...

Labor pledges five-year freeze on super tax

MARK SMITH  |  THURSDAY, 1 AUG 2013
A re-elected Labor government would make no changes to superannuation for five years and aims to enshrine a policy in law that would make future changes possible only once every five years hence, Treasurer Chris Bowen said. The Treasurer unveiled a ...

FSC to support Indigenous financial literacy

MARK SMITH  |  THURSDAY, 1 AUG 2013
The Financial Services Council (FSC) has formed a long-term partnership alliance with First Nations Foundation (FNF) to help improve the financial literacy of Indigenous Australians. The FSC will be providing a minimum of $50,000 a year for three years ...

Market Wrap AM

AAP  |  THURSDAY, 1 AUG 2013
The Australian market looks set to open flat following gains on Wall Street after data showed second-quarter US gross domestic product grew better than had been expected. US GDP grew 1.7 per cent in the quarter, above the 1.1 per cent pace expected ...

FSC appoints new chairman

LAURA MILLAN  |  TUESDAY, 30 JUL 2013
The Financial Services Council (FSC) board has elected a new chairman who will take over the role on August 1. Schroders Australia chief executive Greg Cooper will replace Peter Maher, who is expected to retire as chairman of the FSC on July 31. "I ...

Govt to index military age pensions

STAFF WRITER  |  TUESDAY, 30 JUL 2013
The government has announced it will 'triple index' age pensions for retired non-veteran military personnel. The reform follows several Senate inquiries and already implemented reforms to retirement benefits for combat and disabled veterans. The Minister ...

First submissions to ASIC inquiry made public

LAURA MILLAN  |  FRIDAY, 26 JUL 2013
The first submissions to the Senate Economics Committee's inquiry into the Australian Securities and Investments Commissions (ASIC) performance have been made public. The Senate Committee has received at least four submissions and has made two of them ...

Goldman Sachs AM builds up third party distribution team

JAMES FERNYHOUGH  |  FRIDAY, 26 JUL 2013
Goldman Sachs Asset Manager (GSAM) has appointed Sam Besley as key account manager of its third party distribution business. Besley will be based in Melbourne and will manage adviser relationships within Victoria and Tasmania. He will report to GSAM ...

FoFA could lock advisers into licensees for life

LAURA MILLAN  |  FRIDAY, 26 JUL 2013
The additional Future of Financial Advice (FoFA) regulations concerning the grandfathering provision could lock advisers into their licensee's dealership for life, consultancy firm Radar Results said. Industry bodies are already lobbying for changes ...