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Showing 3881 - 3890 of 6884 results for "Act2"

SMSFs impacted by power of attorney rule changes

STAFF WRITER  |  THURSDAY, 24 SEP 2015
Changes to the rules governing power of attorney in Victoria, which came into force on 1 September, will impact the way SMSF advisers service their clients. The new Powers of Attorney Act 2014 consolidates the enduring power of attorney and enduring ...

Are Australians money dumb about savings?

DARREN SNYDER  |  THURSDAY, 24 SEP 2015
The continuing message for Australians to seek financial advice on their savings, be it retirement or otherwise, could not be more clear. Australian comparison site finder.com.au has released statistics from an annual survey known as the Money Savvy ...

PROFILE: BlackRock head of corporate governance Pru Bennett

ALEX BURKE  |  TUESDAY, 22 SEP 2015
On a quiet afternoon in 2000, Pru Bennett was sitting with the three other partners of proxy advisory firm Corporate Governance International, wondering how they were going to jumpstart the business. "Gee," she remembers thinking, "We just need a few ...

New faces to lead financial services policy reform

LAURA MILLAN  |  MONDAY, 21 SEP 2015
Prime Minister Malcolm Turnbull's Cabinet reshuffle brings new faces and a new structure to the government's top economy, finance and business ministries. Social Services Minister Scott Morrison was appointed Treasurer, while Finance Minister Mathias ...

Not happy Jan

BENJAMIN ONG  |  MONDAY, 21 SEP 2015
"Not happy, Jan!" This was Wall Street's immediate verdict on the Fed's disclosure of its non-decision following the much-awaited and much speculated 16-17 September FOMC meeting. The S&P 500 index declined by 1.6%; the Dow by 1.7%; Nasdaq by 1.4% ...

Speculation springs eternal

BENJAMIN ONG  |  FRIDAY, 18 SEP 2015
"Suspense is worse than disappointment." -Robert Burns From today, we're getting more of it after Janet and her bunch of merry FOMC members decided to treat us - or prolong our agony, depending on which side of the fence one sits - to more of the same. ...

AMP restructures China Fund to reduce discount

LAURA MILLAN  |  THURSDAY, 17 SEP 2015
In a bid to reduce the 20.4% discount on its China Growth Fund, AMP Capital has introduced key changes based on a review by Goldman Sachs. The changes include implementing a Shanghai-Hong Kong Stock Connect trading platform to increase the fund's liquidity. ...

IOSCO releases retail investor education report

ALEX DUNNIN  |  THURSDAY, 17 SEP 2015
IOSCO, the International Organisation of Securities Commissions, has released its final report on investor education for retail consumers. In a statement, IOSCO said it has long recognised investor education as a key strategy for enhancing investor ...

ASIC seeks to wind up $18m manager

ALEX BURKE  |  WEDNESDAY, 16 SEP 2015
ASIC is seeking court orders to wind up an asset manager with approximately $18.5 million in funds under management. Avestra Asset Management - which ASIC's statement said is a "responsible entity or trustee of a number of managed investment schemes" ...

FEATURE - Retirement income: Finding the right path

DARREN SNYDER  |  TUESDAY, 15 SEP 2015
A new wave of retirees is learning that years of accumulation need further thought. Darren Snyder reports. A recent Commonwealth Bank media roundtable showed projections by Rice Warner that Australia's retirement market would reach more than $1.4 trillion ...