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Showing 451 - 460 of 583 results for "Directed"

Trading platform bids to raise industry transparency standards

MARK SMITH  |  TUESDAY, 20 AUG 2013
... The move is a more stringent adaptation of the ASIC Class Order (CO 02/294) from 2008 for businesses offering Investor Directed Portfolio Services (IDPS). Saxo's Australian chief executive Anthony Griffin said investors were not always given a complete ...

ANZ gets on the SIV bandwagon

JAMES FERNYHOUGH  |  THURSDAY, 15 AUG 2013
... avoiding the tax consequences of traditional unitised trust structures. While the SIV is open to anyone, it is mainly directed at the Asian market, in particular China. ANZ Global Wealth chief executive Joyce Phillips said: "We've been operating in Asia ...

Fairfax to sell InvestSMART to listed fund manager

ALICE URIBE  |  TUESDAY, 13 AUG 2013
... pay Fairfax a break fee of $150,000. Established in 1999, InvestSMART was acquired by Fairfax in 2007. It provides self-directed investors with a low-cost access to financial information and products. According to the ASX statement, the sale will maintain ...

New dark pool transparency rules introduced

MARK SMITH  |  TUESDAY, 6 AUG 2013
... Superannuation David Bradbury announced a package of market integrity rules just prior to parliament being pro-rogued that directed at better protecting investors and the stability of Australia's financial markets. Bradbury said the announcement came ...

Super flushed 'down the drain' by illiterate investment

JAMES FERNYHOUGH  |  MONDAY, 5 AUG 2013

ASIC cancels Perth stockbroker's licence

JAMES FERNYHOUGH  |  THURSDAY, 1 AUG 2013
... membership of an external dispute resolution service. ASIC is continuing its inquiries into Stellar Securities, and has directed anyone with a complaint against the firm to the Financial Ombudsman Service.

Financial planners lose out to accountants on SMSFs

JAMES FERNYHOUGH  |  THURSDAY, 25 JUL 2013
... decisions. This conflicts with the wishes of financial planners, 36% of whom complained that their clients were too self-directed, have a DIY attitude, and won't give away control. Financial planners may therefore be advised to provide a more engaged ...

Westpac launches annuity lookalike

JAMES FERNYHOUGH  |  WEDNESDAY, 17 JUL 2013
... payments to be indexed to inflation." Westpac said the product, which is "quite unique" in the retirement product market, is directed more towards self-managed superannuation fund (SMSF) holders than traditional super members, adding that it would allow ...

ASIC slaps permanent ban on insurance claim manager

MARK SMITH  |  WEDNESDAY, 10 JUL 2013
... from trust accounts held by ATC on behalf of ATC's underwriters. ASIC's investigation established that $967,221.74 was directed to Loys' bank accounts including his own business, Callejon Cafe in Collingwood, and to other people associated with him. ...

Fund CEOs slam MySuper as 'death by a thousand cuts'

JAMES FERNYHOUGH  |  MONDAY, 17 JUN 2013
... members towards self-managed super funds (SMSFs). Some respondents said they were countering this by offering more self-directed offerings - 'SMSF lookalikes' as one chief executive put it. Other concerns were the increasing strength of the big four ...