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Showing 3831 - 3840 of 6514 results for "Jul"

BNP, US prosecutors near $US9bn settlement

AFP  |  MONDAY, 23 JUN 2014
BNP Paribas has neared a deal with US prosecutors that would see the French bank pay $US8 billion to $US9 billion and accept other punitive measures for violating American sanctions, The Wall Street Journal reports. US regulators and BNP Paribas executives ...

ASIC bans former PIS and AMP advisers

LAURA MILLAN  |  MONDAY, 23 JUN 2014
Former Professional Investment Services (PIS) and AMP Financial Planning advisers have been banned from financial services. The Australian Securities and Investments Commission (ASIC) took action against AMP Financial Planning adviser Roy Whye Wah Moo ...

Market wrap

AAP  |  MONDAY, 23 JUN 2014
The Australian share market is higher following a strong lead from Wall Street. The Dow and S&P 500 advanced to fresh records on Friday amid a lift in oil prices and the French government having favoured General Electric's proposal to take over Alstom's ...

Lonsec reveals new CEOs

STAFF WRITER  |  MONDAY, 23 JUN 2014
Lonsec Fiscal Holdings, which includes Lonsec Research, Lonsec Broking, SuperRatings, Toowards, Advisor Network, MPF Ratings and Lonsec Direct Investment Service is pleased to announce the appointment of Amanda Gillespie and Nathan MacPhee as joint ...

Ripoll labels Cormann's FoFA changes "a stunt"

LAURA MILLAN  |  FRIDAY, 20 JUN 2014
"What a stunt" was Labor MP Bernie Ripoll's first reaction to the government's announcement that it will ban commissions on general advice. "Commissions have already been banned. By Labor," Ripoll said on Twitter. "Liberals say they will ban commissions ...

Government to pass most FoFA changes through regulation

LAURA MILLAN  |  FRIDAY, 20 JUN 2014
The government is intending to approve most changes to the Future of Financial Advice (FoFA) law through regulation first, despite Labor and the Greens strong opposition to the amendments. Minister for Finance Mathias Cormann issued a response to the ...

Financial services falling behind in online transactions

MARK SMITH  |  FRIDAY, 20 JUN 2014
The financial services industry is lagging behind other sectors in online business transactions, according to data released this week by the Australian Bureau of Statistics (ABS). The report -- Summary of IT Use and Innovation in Australian Business ...

Key Telstra Super investment exec resigns

ALICE URIBE  |  THURSDAY, 19 JUN 2014
Telstra Super's head of fixed interest has resigned after more than six years in the role. A Telstra Super spokesperson confirmed that Chris Artis resigned earlier this week and would depart the fund on July 8. His main responsibility was the domestic ...

Xenophon rejects Senate FoFA report

LAURA MILLAN  |  WEDNESDAY, 18 JUN 2014
Independent Senator Nick Xenophon has confirmed that does not support the Senate Economics Committee report on the Future of Financial Advice (FoFA) reform. Xenophon said via his Twitter account that he does not support "the government's FoFA repeal ...

Parliament passes temporary tax levy

AAP  |  TUESDAY, 17 JUN 2014
High-income earners will pay more tax after parliament approved the coalition government's first budget measure. The temporary budget repair levy increases the top income tax rate, which applies to any income earned over $180,000, from 45 per cent to ...