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Showing 3761 - 3770 of 4939 results for "MIS"

Gen Y's more financially independent

LINDA HAUSKEN  |  THURSDAY, 28 JUN 2012
At a time when Baby Boomers are suffering a sharemarket hammering, fewer GenY children now expect financial assistance with the purchase of their first home than in previous years, according to RaboDirect. According to the latest RaboDirect National ...

Barclays fined $A451 million

BEN COLLINS  |  THURSDAY, 28 JUN 2012
UK bank Barclays will pay a record $A451 million in fines after it was found to have mislead authorities about the interest rate it was paying to borrow money from other banks. Barclays chief executive Bob Diamond said that in view of this, he and other ...

NIIS development on track

LINDA HAUSKEN  |  TUESDAY, 26 JUN 2012
The advisory group established by the government following the Productivity Commission's inquiry into a National Disability and Insurance Scheme has endorsed the Gillard government' policy approach. "The Advisory Group's work on the issues associated ...

China manuf growth figures being misread

MELANIE TIMBRELL  |  TUESDAY, 26 JUN 2012
HSBC's flash China Purchasing Managers' Index result released last week is being read as further evidence of a broad-based manufacturing slowdown, but this misinterprets what's going on in the sector, said Premium China Funds Management. The common ...

Cold calling scammer gets 10 year ban

LINDA HAUSKEN  |  TUESDAY, 26 JUN 2012
Australian Securities & Investments Commission has banned City Index Australasia and its director, Blair Jason Travers, from the financial services industry for 10 years after being found guilty of a cold calling scam. Australian Securities & Investments ...

Philanthropy needs simpler support: Perpetual Private

MELANIE TIMBRELL  |  MONDAY, 25 JUN 2012
Philanthropic giving in the last few years has been undervalued in Australia because of a disproportionate focus on tax structures and increased regulation on charitable vehicles such as private ancillary funds. Andrew Thomas, general manager - philanthropy ...

FOFA passes as industry backs professionalism

MELANIE TIMBRELL  |  THURSDAY, 21 JUN 2012
Industry bodies have broadly welcomed yesterday's passage of the FOFA legislation through the Senate, with the focus on codes of conduct effectively setting up the industry for self-regulation amid the push towards professionalism and better consumer ...

Foreign MIS tax legislation delayed

BEN COLLINS  |  THURSDAY, 21 JUN 2012
Federal government plans to raise the tax rate on managed investment schemes have been delayed after the proposal was pulled from a bill before parliament yesterday. The measure proposed to double the rate from 7.5% to 15%, forcing assistant treasurer ...

110 years prison for ex-SIB chief

BEN COLLINS  |  THURSDAY, 21 JUN 2012
In one of the most extreme prison sentences of its type, the former Chairman of Stanford International Bank has been sentenced to 110 years imprisonment in the US for orchestrating a 20-year fraud scheme in which he misappropriated $7 billion. Evidence ...

SMSF Trustees want compensation: SPAA

BEN COLLINS  |  THURSDAY, 21 JUN 2012
The Self Managed Super Fund professionals' Association of Australia has rejected calls for a levy to be imposed on SMSF trustees to fund a compensation scheme. In the wake of the Trio fraud there has been a misconception as to what the legal standing ...