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Showing 4211 - 4220 of 6884 results for "Act2"

What happened to the ISA-FSC accord?

JAMES FERNYHOUGH  |  WEDNESDAY, 9 JUL 2014
In July last year Industry Super Australia (ISA) chief executive David Whiteley stood alongside Financial Services Council (FSC) chief executive John Brogden and announced that the two wings of superannuation would be burying the hatchet. They wouldn't ...

ASIC warns fund managers to fix fee disclosure

MARK SMITH  |  TUESDAY, 8 JUL 2014
The Australian Securities and Investments Commission (ASIC) has warned fund managers to get their act together to avoid inconsistent or false disclosure of fees to investors. The regulator has issued a report following an investigation into fee and ...

Cbus defends member contact sharing policy

JAMES FERNYHOUGH  |  TUESDAY, 8 JUL 2014
Cbus has defended its policy of releasing members' details to 'sponsoring organisations' in order to chase up arrears, following yesterday's Royal Commission hearing into the improper release of members' contact details. In yesterday's hearing in Melbourne ...

Market Wrap

AAP  |  TUESDAY, 8 JUL 2014
The Australian market looks set to open flat after Wall Street ended its rising streak amid profit-taking and some expectation the market is due for a pullback. At 0805 AEST on Tuesday, the September share price index futures contract was down four ...

Governor Glenn lets his jaw drop

BENJAMIN ONG  |  MONDAY, 7 JUL 2014
Reserve Bank of Australia (RBA) Governor Glenn Stevens was in Tasmania letting it all rip at the same time that most of us were co-celebrating Dow 17K with our American brethrens on 'Independence Day' eve. On 3 July, Governor Glenn spoke before 'The ...

CBA reaction too slow, too little, too late

LAURA MILLAN  |  FRIDAY, 4 JUL 2014
Commonwealth Bank's initiative to set up a program to review financial advice given to its clients from 2003 to 2012 has been slammed by several stakeholders for being too slow, too little and too late. Speaking at a Melbourne Institute event yesterday ...

FPA calls for industry summit to restore trust in advice

LAURA MILLAN  |  THURSDAY, 3 JUL 2014
The Financial Planning Association is calling for a broad industry summit to ensure that cases of inappropriate advice are "stamped out for good" and to restore community trust in advisers. "We think it's about time the entire industry regulated itself ...

Market wrap AM

AAP  |  THURSDAY, 3 JUL 2014
The Australian market looks set to open higher after both the Dow Jones and the S& P 500 reached record highs for the second session in a row, buoyed by good jobs figures. At 0645 AEST on Thursday, the September share price index futures contract was ...

TPB open for TASA registration from today

LAURA MILLAN  |  TUESDAY, 1 JUL 2014
Financial planners who provide tax financial advice can register from today with the Tax Practitioners Board (TPB) to comply with the Tax Agent Services Act 2009 (TASA). The TPB has sent all Australian financial services licensees (AFSL) instructions ...

Inquiry has Macquarie Private Wealth in its sights

MARK SMITH  |  FRIDAY, 27 JUN 2014
Macquarie Private Wealth is in the firing line with the Senate Economics Committee inquiry recommending ASIC undertake "intensive surveillance" of the company in its recently released report. The organisation was referred to by name in one of the Senate ...