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Showing 3531 - 3540 of 4932 results for "MIS"

Hedge funds can reduce risk, despite reputation

MARK SMITH  |  FRIDAY, 19 JUL 2013
Despite their growing popularity, particularly in the institutional space, hedge funds are still widely misunderstood by investors - they often have a reputation for being high risk, expensive, illiquid and difficult to access. But according to BlackRock ...

BFO to "name and shame" misbehaving bankers

LAURA MILLAN  |  FRIDAY, 19 JUL 2013
The board of the Banking and Finance Oath (BFO) has formed an independent review panel to address cases of unethical behaviour within the banking and finance industry. Signatories of the oath will be referred to the review panel if they are found to ...

HNW and SMSF under ATO scrutiny

LAURA MILLAN  |  THURSDAY, 18 JUL 2013
The Australian Taxation Office (ATO) will focus on high net worth (HNW) and self-managed superannuation funds (SMSF) misuse of the concessional tax environment, whether if it is deliberately or unintentionally. The ATO announced that it will review ...

ASIC's powers heightened under FoFA

LAURA MILLAN  |  WEDNESDAY, 17 JUL 2013
The Australian Securities and Investments Commission (ASIC) will act more strongly on cases of misconduct in the wake of Future of Financial Advice (FoFA) the regulator said. The new FoFA regulation has allowed ASIC to take civil penalty actions, whereas ...

CBA and HSBC change 'misleading' ads

MARK SMITH  |  WEDNESDAY, 17 JUL 2013
The Commonwealth Bank (CBA) and HSBC Bank have changed their advertising for structured products aimed at retail investors after the Australian Securities and Investments Commission (ASIC) said they were potentially misleading. CBA's flyer compared ...

Self-education cap "short sighted": SPAA

LAURA MILLAN  |  TUESDAY, 16 JUL 2013
The SMSF Professionals' Association of Australia (SPAA) has criticised the Government's proposal to cap tax deductions for professional self-education at $2000. SPAA said that the decision is "short-sighted and self-defeating" and said that a self-managed ...

ATO to clamp down on multinationals and trusts

MARK SMITH  |  TUESDAY, 16 JUL 2013
The Australian Taxation Office (ATO) will increase it audits and risk reviews on multinational companies and trusts as part of a strategy to combat tax crime and profit shifting to overseas havens. The ATO has released it Compliance in focus program ...

Storm claim unfair and baseless: CBA

LAURA MILLAN  |  MONDAY, 15 JUL 2013
Commonwealth Bank (CBA) has strongly reacted to the news that Storm Financial victims' lawyer will start legal proceedings against the $136 million settlement that the bank reached with the Australian Securities and Investments Commission (ASIC) last ...

Designer slowdown

BENJAMIN ONG  |  MONDAY, 15 JUL 2013
Reverend Cleophus James: Do you see the light? Elwood: What light? Reverend Cleophus James: Have you seeeen the light? Jake: Yes! Yes! Jesus H. tap-dancing Christ...I have seen the light! Reverend Cleophus James: Praise God! Elwood: And God bless the ...

Storm lawyers take ASIC and CBA to court over settlement

LAURA MILLAN  |  FRIDAY, 12 JUL 2013
Storm Financial litigator Levitt Robinson Solicitors have questioned the $136 million settlement reached by the Australian Securities and Investments Commission (ASIC) and Commonwealth Bank last year. Levitt Robinson has filed a case against both organisations ...