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Showing 341 - 350 of 516 results for "Powers"

ASIC warns of complacency over confidential information

MARK SMITH  |  TUESDAY, 27 MAY 2014
... amongst shareholders and the broader market." ASIC Commissioner Cathie Armour warned companies that ASIC has the people, powers and systems to detect misconduct. "Our real-time market surveillance system gives us the ability to aggressively interrogate ...

FPA reveals 10 point plan to improve advice

LAURA MILLAN  |  FRIDAY, 23 MAY 2014
... managed by the Australian Securities and Investments Commission (ASIC). According to the FPA, ASIC "should have suspension powers for financial planners and advisers suspected of material and systemic breaches of the best interest duty." ASIC must have ...

Parliament passes more nuanced SMSF penalties

JAMES FERNYHOUGH  |  THURSDAY, 13 MAR 2014
New laws have been passed giving the Australian Taxation Office (ATO) more varied powers to penalise self-managed superannuation funds (SMSFs) that fail to comply. Previously the ATO had limited options in dealing with non-compliant SMSF trustees, often ...

G-20 goes for growth

BENJAMIN ONG  |  MONDAY, 24 FEB 2014
... slowing becomes a trend. But for now these risks look small. The forward view is for continued global growth and if not, the 'powers-that-are' are there to ensure that global growth continues. This is exactly what the G-20 communique conveyed to you ...

ASIC could implement immediate suspension of advisers

STAFF WRITER  |  THURSDAY, 20 FEB 2014
... Securities and Investments Commission (ASIC) could implement the immediate suspension of "bad-apple" advisers if it had powers to do it. ASIC senior leaders were asked about this issue during yesterday's public hearing of the Senate Economics Reference ...

Credit to escape impending bond rout

MARK SMITH  |  TUESDAY, 28 JAN 2014
... investment officer Alexander Friedman. With interest rates at record lows across virtually all of world's major economic powers, the only direction for interest rates now is up. The prospect of the resultant negative returns has caused a flight from ...

New ATO powers to decrease SMSF 'delinquency'

JAMES FERNYHOUGH  |  TUESDAY, 21 JAN 2014
Plans to increase the power of the Australian Taxation Office (ATO) to penalise self-managed superannuation funds (SMSFs) on a sliding scale will provide a more nuanced way of penalising 'delinquent trustees', according to Superannuation Australia's ...

Market Wrap AM

AAP  |  THURSDAY, 28 NOV 2013
... closed little changed as investors weigh a weak US housing market report and a breakthrough deal between Iran and major powers over its controversial nuclear program. At the closing bell on Monday, the Dow Jones Industrial Average was up 12.84 points ...

Bad estate planning advice is getting clients in trouble

LAURA MILLAN  |  TUESDAY, 19 NOV 2013
... seen enough, they'll know that they contain certain things. A good financial planner actually keeps track of wills and powers of attorneys and they'll talk to the clients about it." He reminded advisers that "dying without a will is an enormous problem ...

Time to be fearful?

BENJAMIN ONG  |  WEDNESDAY, 16 OCT 2013
... till the US debt hits the ceiling. So what else is new? True to form...and recent history, it looks like the political powers in Washington will again take it to the limit. US President Obama must be wishing he was Chinese Premier Li Kequiang instead ...