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Showing 4301 - 4310 of 6884 results for "Act2"

PM Capital eyes Asia fund listing

MARK SMITH  |  TUESDAY, 8 APR 2014
Equity fund manager PM Capital is set to list its Asian Opportunities Fund on the Australian Securities Exchange (ASX). The initial public offering is the second of its kind for the group after the successful launch of its first listed investment company ...

ASIC dictates seven-year ban for rogue CBA adviser

LAURA MILLAN  |  MONDAY, 7 APR 2014
The Australian Securities and Investments Commission (ASIC) has banned Commonwealth Financial Planning adviser Jade Zaicew for seven years. Zaicew's banning follows ASIC actions against former CBA advisers Don Nguyen, Ricky Gillespie, Simon Langton ...

AFA focuses FSI submission on FoFA "misinformation campaign"

LAURA MILLAN  |  MONDAY, 7 APR 2014
... resolution framework and of advisers' professional indemnity insurance. It also asked the FSI to look at the Tax Agent Services Act (2009), which is due to start on July 1, 2014. "We believe that there are issues relevant to TASA that should be considered ...

Advisers show overwhelming support for ETFs

MARK SMITH  |  MONDAY, 7 APR 2014
A recent State Street Global Advisors (SSgA) seminar has revealed that Australian financial planners overwhelmingly support the use of exchange traded funds. A survey of attendees at SSgA's "Strategies for Accessing International Investment Opportunities" ...

APRA requests more decision-making power

JAMES FERNYHOUGH  |  MONDAY, 7 APR 2014
The Australian Prudential Regulation Authority (APRA) has used its submission to the Financial System Inquiry to call for increased independence from government. APRA's submission argues that it needs more freedom to regulate the banking, superannuation ...

Viable SMSF size underestimated

MARK SMITH  |  MONDAY, 7 APR 2014
The size at which a self-managed superannuation fund (SMSF) becomes a viable alternative to regular funds may be considerably higher than the industry currently estimates due to the impact of scale on performance. The industry typically advises that ...

Industry fund claims experience worse than retail: PWC

LAURA MILLAN  |  FRIDAY, 4 APR 2014
The claims experience at industry superannuation funds has deteriorated in recent months and is now worse than in retail funds, PriceWaterhouseCoopers partner Barry Rafe said. Speaking at the Financial Services Council 2014 Life Insurance Conference ...

Market Wrap AM

AAP  |  FRIDAY, 4 APR 2014
The Australian market looks set to open flat with Wall Street little changed as investors digest a series of economic data ahead of Friday's big US jobs report for March. At 0805 AEDT on Friday, the June share price index futures contract was down six ...

Lawyer exposes ASIC favours to big players

LAURA MILLAN  |  THURSDAY, 3 APR 2014
Former Australian Securities and Investments Commission (ASIC) lawyer James Wheeldon has revealed the regulator gave favourable treatment to the big end of the market. Wheeldon appeared yesterday at a public hearing of the Senate inquiry into the performance ...

Market Wrap AM

AAP  |  WEDNESDAY, 2 APR 2014
The Australian market looks set to open higher after Wall Street gained following solid manufacturing data from China. At 0830 AEDT on Wednesday, the June share price index futures contract was up 27 points at 5,410. China said its official purchasing ...