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

Search Results

Showing 4281 - 4290 of 6265 results for "DET"

ASIC releases more detail on limited AFS licence

LAURA MILLAN  |  MONDAY, 17 JUN 2013
The Australian Securities and Investments Commission (ASIC) has released guidance on applying for a limited Australian financial services (AFS) licence. The guide establishes the exact definition of a limited AFS licence and it gives more details on ...

Coalition opposes TASA changes

LAURA MILLAN  |  MONDAY, 17 JUN 2013
The Coalition has opposed the changes to the Tax Agents Services Act (TASA) bill on the same day that the Parliamentary Joint Committee is due to present the results of its inquiry to the Parliament. "It is completely inappropriate to release this sort ...

BT launches adviser website and app

JAMES FERNYHOUGH  |  MONDAY, 17 JUN 2013
BT Financial Group (BTFG) has launched a new website, BT Adviser Services (BTAS), bringing its entire practice management offer into one place. BTAS gives access to technical information and advice in areas such as superannuation, social security, retirement ...

Rivkin firm launches managed funds

MARK SMITH  |  THURSDAY, 13 JUN 2013
Financial services company Rivkin is expanding its offering to include a suite of managed funds and has appointed James Chirnside as its new investment team chairman to oversee the funds' development. The new suite of products will include an open mandate ...

SEC charges US adviser with pension fund theft

ALEX DUNNIN  |  THURSDAY, 13 JUN 2013
The US regulator the Securities and Exchange Commission has charged the leader of a Detroit-based investment adviser for stealing nearly $3.1 million from a public sector pension fund. The SEC alleges that Chauncey C Mayfield, who is the founder, president ...

Challenger refinances $300m debt facility

LAURA MILLAN  |  WEDNESDAY, 12 JUN 2013
Challenger Diversified Property Group (CDI) has refinanced $300 million of its debt facility. The total debt facility of $300 million remains unchanged after the refinancing, but Challenger has increased the weighted average term of the debt from 1 ...

Study finds dark pools damage market quality

MARK SMITH  |  WEDNESDAY, 12 JUN 2013
Dark pools are damaging overall price discovery and market quality in the US, according to new research by Capital Markets Cooperative Research Centre (CMCRC). Researchers from the Australian independent academic centre for capital market research looked ...

Macquarie Wrap launches FDS

LAURA MILLAN  |  WEDNESDAY, 12 JUN 2013
Macquarie Wrap has launched a fee disclosure statement (FDS) functionality ahead of the start of the Future of Financial Advice (FoFA) reforms. The new functionality allows advisers to customise their statement to align with the services they provide ...

PJC to hold TASA hearing tomorrow

LAURA MILLAN  |  TUESDAY, 11 JUN 2013
The Parliamentary Joint Committee (PJC) on Corporations and Financial Services will hold its first hearing on the amendment of the Tax Agent Services Act (TASA) tomorrow. The inquiry will be held in Sydney and is scheduled to start at 2.15 pm. The PJC ...

APRA finalises Stronger Super reporting standards

ALEX DUNNIN  |  FRIDAY, 7 JUN 2013
The Australian Prudential Regulation Authority (APRA) has updated its Stronger Super data requirements from funds following reaction from trustees. APRA has written to funds explaining the adjustments, which are technical and highly detailed. The outcome ...