Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 4151 - 4160 of 6514 results for "Jul"

Former Macquarie director resurfaces at Citi

MARK SMITH  |  MONDAY, 24 JUN 2013
Former Macquarie Bank divisional director Alan Machet has been appointed as head of Citi's Australian cards business. At Macquarie, Machet led the direct distribution of retail financial services for the investment bank's Private Wealth division. "We ...

Accountants eye full AFS licence

LAURA MILLAN  |  MONDAY, 24 JUN 2013
The accountant community is showing interest on getting a full Australian financial services (AFS) licence rather than a limited one, Count Financial (Count) chief executive David Lane told Financial Standard. Count has been in talks with over one hundred ...

ASIC far too slow to act on misconduct: Senator

LAURA MILLAN  |  FRIDAY, 21 JUN 2013
The Australian Securities and Investments Commission (ASIC) has been "far too slow to act" on misconduct in the financial services industry, Nationals senator John Williams told Financial Standard. Yesterday Williams introduced a motion into Parliament ...

EQT formalises improved offer for The Trust Co

LAURA MILLAN  |  FRIDAY, 21 JUN 2013
Equity Trustees (EQT) has formalised its improved offer to acquire The Trust Company, despite the recommendation from The Trust Company board that shareholders accept the Perpetual proposal. In a letter to The Trust Company shareholders, EQT asked them ...

Excess super contributions amendments pass House of Reps

JAMES FERNYHOUGH  |  FRIDAY, 21 JUN 2013
Amendments to the government's Fairer Taxation of Excess Concessional Contributions legislation has passed the lower house. Minister for Superannuation Bill Shorten's office said the legislation is expected to go before the Senate late next week, and ...

Government to table concessional contributions bill

LAURA MILLAN  |  WEDNESDAY, 19 JUN 2013
The government is expected to introduce legislation to ease penalties on excess concessional contributions into Parliament today. If amended, the Tax Laws Amendment Bill 2013 and Superannuation Imposition Bill 2013 will allow Australians to withdraw ...

Shorten maps out government super legacy

ALEX DUNNIN  |  TUESDAY, 18 JUN 2013
Bill Shorten, minister for Superannuation and Financial Services, has used a speech to a Financial Services Council (FSC) dinner at Parliament House in Canberra to assertively defend the government's reform record on superannuation. Shorten listed a ...

Aust shares weaken ahead of RBA minutes

AAP  |  TUESDAY, 18 JUN 2013
Australian shares are weaker as traders nervously await the Reserve Bank's June board meeting minutes, with the big banks and miners suffering losses. IG market strategist Stan Shamu said investors were regarding a July rate cut as a less likely prospect. ...

ASIC relaxes HFT and dark pool proposals

MARK SMITH  |  TUESDAY, 18 JUN 2013
The Australian Securities and Investments Commission (ASIC) has relaxed parts of its proposed rule changes for dark pools and high-frequency trading (HFT) after extensive consultation with the industry. ASIC will not go ahead with proposals to rest ...

Customised portfolios ease FoFA burden

MARK SMITH  |  TUESDAY, 18 JUN 2013
Customised multi-asset portfolios regulated under unit trust schemes can help advisers comply with the new FoFA regime coming into force on 1 July. Select Asset Management (Select) has urged Australian financial advice firms to review the underlying ...