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Showing 3251 - 3260 of 6884 results for "Act2"

Two FSC senior policy managers depart

KARREN VERGARA  |  WEDNESDAY, 17 JAN 2018
... new taxation system for managed investment schemes and Australia's implementation of the US Foreign Account Tax Compliance Act (FATCA) rules. Her work in funds management included guiding the industry through changes in money market fund naming, operational ...

SMSF members want overseas restrictions lifted

DARREN SNYDER  |  TUESDAY, 16 JAN 2018
Australians temporarily living overseas are compelled to switch their self-managed superannuation to an APRA-regulated fund and this becomes a costly and cumbersome exercise. The SMSF Association is calling on the Federal Government to lift these restrictions. ...

ASIC cancels AFSL, accepts EU

DARREN SNYDER  |  TUESDAY, 16 JAN 2018
ASIC has accepted an enforceable undertaking from a Queensland financial planning business and cancelled its AFSL. The EU also means Breakaway Finance Group's sole director Mark Roberts will remove himself from the industry for at least two years. Following ...

Citigroup takes action on pay inequality

JAMIE WILLIAMSON  |  TUESDAY, 16 JAN 2018
Citigroup will be the first US bank to begin disclosing wage data and adjusting employee salaries as part of a company-wide strategy to close the pay gap for women and minorities. The organisation confirmed it is taking steps to disclose gender and ...

Australia overdue for company tax cut: Spot poll

KARREN VERGARA  |  MONDAY, 15 JAN 2018
More than half of the respondents in Financial Standard's weekly spot poll said Australia should follow the United States' lead and drop the corporate tax rates to as low as 21%. The US reduced its corporate tax rate from 35% to 21% effective 1 January ...

Zurich UK launches selfie app for underwriting

KARREN VERGARA  |  MONDAY, 15 JAN 2018
Zurich has launched facial recognition technology in an effort to promote life insurance adoption across the UK. FaceQuote is able to quote a monthly life insurance premium for prospective customers based on age estimates calculated after a selfie is ...

ASIC successfully files injunction against Melbourne advice provider

JAMIE WILLIAMSON  |  MONDAY, 15 JAN 2018
A Melbourne financial services firm is prohibited from operating while proceedings brought by ASIC continue in the Federal Court. ASIC commenced proceedings against Financial Circle Pty Ltd in December 2017, alleging the business was offering loans ...

Aurora appoints new CFO

ALEX BURKE  |  FRIDAY, 12 JAN 2018
Aurora Funds Management has appointed a new chief financial officer following the previous CFO's termination after $1 million disappeared from a listed trust in November. Adrian Martin joins Aurora from Marshall Investments, where he was also chief ...

Crowdfunding investment opportunity unleashed

EMMA RAPAPORT  |  FRIDAY, 12 JAN 2018
... according to a Statista study on alternative finance, more than GBP330 million was raised in 2015 alone. In the US, the JOBS Act (Jumpstart Our Business Startups) allowed businesses to raise US$2.56 billion via equity crowdfunding in 2015 globally. Crowdfunding ...

FSC calls for inquiry into gig economy and its impact on super

EMMA RAPAPORT  |  THURSDAY, 11 JAN 2018
The changing nature of employment will have dramatic effects on the superannuation industry and retirement incomes. The Federal Government should prepare for the impact now rather than react in haste. This is a key recommendation from the Financial ...