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Showing 4181 - 4190 of 5260 results for "SCA"

ASIC charges against new wave of boiler room scams

ELISE BURGESS  |  MONDAY, 6 FEB 2012
ASIC has warned of the rising number of 'boiler room' investment scams after obtaining Supreme Court orders against one financial planning firm accused of defrauding 36 investors in excess of $350,000. Unlicensed financial planning business, Golden ...

Eyes turn to monetary policy

MELANIE TIMBRELL  |  THURSDAY, 2 FEB 2012
Australian GDP growth will slow this year shifting the focus back to monetary policy and Macquarie Group chief economist Richard Gibbs forecasts the RBA will respond with two more rate cuts during 2012. Gibbs was speaking at the 2012 Financial Standard ...

Stirrings

BENJAMIN ONG  |  TUESDAY, 31 JAN 2012
Uh-oh, is it just me or is the fear index starting to stir once more? There must be another summit underway in Europe. There's nothing like the smell of a European summit to scare the bejeesus out of financial markets. The VIX index spiked to a high ...

Super tax concessions in spotlight

MELANIE TIMBRELL  |  MONDAY, 30 JAN 2012
A new government roundtable will see industry groups argue tax concessions are the only way Australians will fully fund their own retirement. Treasurer Wayne Swan and Minister for Financial Services and Superannuation Bill Shorten announced the Superannuation ...

SuperStream compliance poses threat to funds

ELISE BURGESS  |  WEDNESDAY, 25 JAN 2012
Superannuation funds need to start dealing with the impending issues coming their way as SuperStream comes into effect, the head of Towers Watson has warned, with default member definitions under MySuper also posing concerns. Since January 1, under ...

Forecasts shmorecasts

BENJAMIN ONG  |  WEDNESDAY, 25 JAN 2012
We're doomed (again)! Oh-em-gee! "IMF slashes growth forecasts!" This was the last piece of news I saw before I went to bed last night and started snoring. Yeah, yeah I thought. Sure, sure. Somehow it didn't give me the same nerve-wracking punch that ...

FOFA heats up competition for planners

ELISE BURGESS  |  TUESDAY, 24 JAN 2012
Financial planners may be squeezed out of the industry as competition heats up with the impending entry of accountants, stockbrokers and super funds, according to CoreData, with consolidation a likely outcome as smaller practices move to cut costs and ...

FOFA moderate and reasonable: ISN

CLAIRE MCGREAL  |  TUESDAY, 24 JAN 2012
Head of the Industry Super Network David Whiteley has contested claims that the proposed FOFA legislation would cost the industry thousands of jobs. Reports today point to comments from Association of Financial Advisers (AFA) chief Richard Klipin, who ...

Intersuisse pursue Austock Securities

CLAIRE MCGREAL  |  FRIDAY, 20 JAN 2012
Talks are continuing between the Austock Group and Singapore backed Intersuisse Holdings over its planned buy out of Austock's securities arm. Intersuisse, which has offices in Sydney and Melbourne but is part owned by the Singapore based Philip Group ...

ASFA warns on unseen MySuper outcomes

ELISE BURGESS  |  THURSDAY, 19 JAN 2012
ASFA is wary of potential unseen outcomes from the MySuper legislation Bill, including clashing between regulators and the rise of short-termism, as it predicts pressures on super trustees may trump the long-term interests of members. In a submission ...