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Showing 4131 - 4140 of 6514 results for "Jul"

Lonsec shuts door on rating 'shopping' with new rankings

MARK SMITH  |  THURSDAY, 4 JUL 2013
Research house Lonsec has added two new ratings, including one which gives greater transparency for instances where a product is removed from the rating process - a practice used by managers to avoid unfavourable ratings. From 1 July, new Australian ...

ACCC postpones Perpetual and Trust merger ruling

MARK SMITH  |  THURSDAY, 4 JUL 2013
The Australian Competition and Consumer Commission (ACCC) has delayed making a decision on Perpetual's proposed takeover of The Trust Company to allow Perpetual to provide it with extra information. The decision date was previously slated for 11 July ...

Ghosts? What ghosts?

BENJAMIN ONG  |  THURSDAY, 4 JUL 2013
What the...? Wall Streeters must have smoked or drank some heavy stuff ahead of America's 4th of July holiday celebrations. All three of America's benchmark equity indices - the Dow, the S&P 500 and the Nasdaq - closed higher while most other equity ...

ASIC urged to extend 'wet signatures' exemption

MARK SMITH  |  WEDNESDAY, 3 JUL 2013
The Australian Securities and Investment Commission (ASIC) should consider extending its relief of the need for 'wet signatures' on product disclosure statements (PDS) for the ASX Managed Funds Service (AMFS) to the wider industry to increase access ...

Opposition challenges Labor to review Trio fraud

JAMES FERNYHOUGH  |  WEDNESDAY, 3 JUL 2013
Shadow Minister for Financial Services and Superannuation Mathias Cormann has called on new Treasurer Chris Bowen to review the Gillard government's response to the Trio Capital scandal. Described as the "largest superannuation fraud in Australian history" ...

LUCRF Super extends Community Partnership Trust to SA

MARK SMITH  |  WEDNESDAY, 3 JUL 2013
Australia's first industry super fund, LUCRF Super has launched its LUCRF Community Partnership Trust in South Australia. Senator Anne McEwen officially launched the Community Partnership Trust in Port Adelaide on 2 July. She announced Western Youth ...

Wilson HTM halts trade ahead of announcement

LAURA MILLAN  |  TUESDAY, 2 JUL 2013
Wilson HTM Investment Group has requested a trading halt in its securities ahead of an announcement expected later today. "The trading halt is requested while the board completes certain discussions with management," Wilson HTM said in a statement to ...

ECT relief should apply to non-concessional contributions: SPAA

JAMES FERNYHOUGH  |  MONDAY, 1 JUL 2013
Amendments to the excess contributions tax (ECT) should be extended to include non-concessional contributions, according to SMSF Professionals' Association of Australia (SPAA) chief executive Andrea Slattery. Amendments to the Fairer Taxation of Excess ...

ASIC increases NTA requirements for custodians

JAMES FERNYHOUGH  |  MONDAY, 1 JUL 2013
The Australian Securities and Investments Commission (ASIC) has introduced new regulations over the amount custodians are required to hold in net tangible assets (NTA). Under the new regulations, custodians must hold 10% of average annual revenue in ...

Storm founders will face trial

LAURA MILLAN  |  MONDAY, 1 JUL 2013
Storm Financial founders Emmanuel and Julie Cassimatis are set to face trial after the Federal Court decided to dismiss their application for a summary dismissal of the case. The Australian Securities and Investments Commission (ASIC) will pursue its ...