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Showing 3141 - 3150 of 4932 results for "MIS"

ASIC takes SMSF business to court

MARK SMITH  |  MONDAY, 4 MAY 2015
ASIC has launched legal action against a company which is advertising 'free SMSF setup' online. The regulator wants financial penalties and orders to stop Superannuation Warehouse Australia (SWA) from making the claim on two of its websites: superannuationwarehouse.com.au ...

ASIC says AUD spike "not misconduct"

ALEX BURKE  |  MONDAY, 4 MAY 2015
ASIC has provided an update on its investigation into the suspicious spike in the Australian dollar that occurred seconds before the RBA announced it was keeping cash rates on hold at 2.25% on April 7, finding that so far it has been linked to automated ...

Magellan ups cash weighting to 15%

LAURA MILLAN  |  FRIDAY, 1 MAY 2015
Magellan Asset Management has increased the cash weighting in its Global Equity Strategy from 10% to 15% in a bid to hedge the portfolio from an impending rise in US interest rates. Douglass argued that there is a "Great Disagreement" as to where the ...

Superannuation trustees under the spotlight: APRA

DARREN SNYDER  |  THURSDAY, 30 APR 2015
Some of the trustees of APRA regulated super funds lack understanding of their fund's investment strategy and underlying investments, according to Australian Prudential Regulation Authority (APRA) member Helen Rowell. Speaking at a recent banking and ...

Advisers Register hits 22k

DARREN SNYDER  |  WEDNESDAY, 29 APR 2015
Within a month of being launched the Financial Advisers Register has added about 3,000 advisers to its list, now providing consumers with an ability to search more than 22,000 in the industry. Australian Securities and Investments Commission (ASIC) ...

Volcker Alliance proposes new US regulator system

ALEX DUNNIN  |  MONDAY, 27 APR 2015
Six years after US financial regulatory mismanagement triggered the GFC, US policy makers are still debating how the US regulatory system should be restructured. The Volcker Alliance, a non-partisan regulatory think tank comprising former senior regulators ...

Go flip a coin

BENJAMIN ONG  |  THURSDAY, 23 APR 2015
"Yes, no, maybe I don't know Can you repeat the question?" - 'Boss of Me' The question - again - is will the Reserve Bank of Australia (RBA) cut interest rates on the first Tuesday of next month? With barely two weeks to go and armed with the latest ...

Industry responds to Grattan report

ALEX BURKE  |  WEDNESDAY, 22 APR 2015
Industry Super Australia and the Association of Superannuation Funds of Australia have responded to the latest Grattan report on superannuation fees. In a statement, ISA chief executive David Whiteley said the report served as further evidence of bank-owned ...

CBA advisers ran from ASIC

ALEX BURKE  |  WEDNESDAY, 22 APR 2015
CBA chief executive Ian Narev said that he supported the idea of individual adviser misconduct being noted on the ASIC planner register, but the issue was complicated by advisers resigning when the regulator began its investigation. Speaking at the ...

Investors misunderstand smart beta: AXA IM

MARK SMITH  |  FRIDAY, 17 APR 2015
Investors' misunderstanding of 'smart beta' is leading them to inferior products, according to AXA Investment Managers director for Australia, Craig Hurt. Hurt said there is a common misconception that the term refers to indices weighted by some means ...