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Showing 351 - 360 of 389 results for "Clearing"

Starved infrastructure will bite into growth

SUZY MAC  |  FRIDAY, 11 MAY 2007
... "get government off the back of business" are streamlining of regulatory changes and creating an optional superannuation clearing house for businesses. A big winner for small businesses is Labor's plan to allow them to charge Commonwealth departments ...

Trade faster than a speeding bullet: INSTINET

... between the trading technologies used in the US, western Europe and Asia. "INSTINET estimates costs of executing and clearing trades in European exchanges is about three times more expensive than similar trades in the USA and 50 per cent higher than ...

Super funds could offer transaction banking

WWW.THESHEET.COM  |  MONDAY, 19 FEB 2007
... indicate that funds may be able to do it themselves," Smith adds. Chris Hamilton, chief executive of the Australian Payments Clearing Association, says that there are no regulatory reasons from his perspective standing in the way of a super fund becoming ...

Multiple super accounts wasting billions in fees: CHOICE

ALEX DUNNIN  |  FRIDAY, 24 NOV 2006
... week's proposals by the Government to streamline FSR, with ideas floated by Senator Nick Sherry for a central national clearing house, and with the Association of Financial Advisers call for fund transfers to be activated in 14 days.

ASIC clearing guidlines will segment the service chain

KATE HAGE  |  WEDNESDAY, 18 OCT 2006
Superannuation clearing house providers will now have to provide employers with product disclosure statements (PDS) after a recent Australian Securities and Investments Commission (ASIC) review found that they fall under the financial services licensing ...

Clearing houses need to be licensed: ASIC

ALEX DUNNIN  |  WEDNESDAY, 4 OCT 2006
The Australian Securities and Investments Commission (ASIC) has announced that it considers clearing houses to be financial products and operators will therefore need to be licensed. In announcing its position, ASIC has drawn a distinction between clearing ...

Kiwisaver allows contributions to be diverted into mortgages

WWW.THESHEET.COM  |  MONDAY, 28 AUG 2006
... where the Australia Labor Party got the idea to have the Australian Taxation Office operate as a national super choice clearing house. Alex Dunnin with

Sherry wins Labor votes with simple super plan

KATE HAGE  |  MONDAY, 7 AUG 2006
... adding that late SG payment penalties will be removed allowing employers to choose to make all contributions to a central clearing house. However, Sherry did not choose to weigh in decisively on the fees versus commission debate canvassed over the conference ...

ACT govt goes to super tender

ALEX DUNNIN  |  TUESDAY, 9 MAY 2006
... also open to funds offering more flexible insurance structures and who have credentials in employer services such as clearing houses and workplace education. In particular, the tender calls for funds to "describe any innovative employer services initiatives ...

Excel online or perish: KPMG

... per cent of websites allowed members to change their investment choice online and a high 88 per cent had a contribution clearing facility for member Fund Choice, a big jump from 24 per cent in 2004. And nearly all the websites allowed members to view ...