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Showing 4731 - 4740 of 6884 results for "Act2"

Govt to pay interest on lost Super funds

MARK SMITH  |  TUESDAY, 23 OCT 2012
The government has taken steps to ease the corrosive impact of fees and inflation on funds left in forgotten super accounts with new measures announced in its mid-year Budget update. The government has raised the threshold below which funds in inactive ...

Market Wrap AM

AAP  |  TUESDAY, 23 OCT 2012
The Australian market looks set to open lower following Wall Street and Europe's lead as investors digested a blockbuster deal leaving British oil group BP with nearly a fifth of the Russian giant Rosneft, and took stock of a souring outlook from the ...

ASIC cancel advice firm's AFS licence

LINDA HAUSKEN  |  MONDAY, 22 OCT 2012
ASIC has cancelled the Australian Financial Services (AFS) licence of Sydney-based Australian Performance Financial Planning, effective immediately. In April, the corporate regulator suspended the company's licence because it had been had been put under ...

Murdoch defies shareholder sentiment

MARK SMITH  |  FRIDAY, 19 OCT 2012
Rupert Murdoch has told investors protesting against the amount of power he wields at News Corporation to sell their stock if they are unhappy with the way the business is managed. The media mogul expects to remain ensconced in his dual-role as News ...

ASIC supports updates to disclosure rules

MARK SMITH  |  THURSDAY, 18 OCT 2012
The Australian Securities & Investments Commission (ASIC) has welcomed the ASX's updated continuous disclosure rules and guidance, which had been the centre of much confusion in recent months. The update follows failed legal action against Fortescue ...

Market wrap AM

AAP  |  WEDNESDAY, 17 OCT 2012
The Australian market looks set to open higher following strong positive leads from the US and European bourses on fresh hopes Spain will ask for some sort of aid and improved sentiment regarding Greece. At 0826 AEDT on Wednesday, the December share ...

Barclays cops $80,000 fine

LINDA HAUSKEN  |  TUESDAY, 16 OCT 2012
Barclays Bank has been fined by ASIC for breaching the corporations Act and withdrawing $13.8 million of client segregated accounts money without authorisation. The corporate watch dog yesterday confirmed that Barclays had paid an infringement penalty ...

ASIC champion hybrid name change

LINDA HAUSKEN  |  FRIDAY, 12 OCT 2012
Australian Securities & Investments Commission is pushing for the industry to use the label 'capital note' instead of 'hybrid securities', as part of its ongoing focus on misleading and deceptive advertising. Hybrids are not easy to define, but put ...

Big data 'big headache' for super: J.P Morgan

MARK STORY  |  FRIDAY, 12 OCT 2012
Understanding the likely impact of "big data" is rapidly becoming a key differentiator for Australian super funds and other large financial institutions vying for customers, according to J.P Morgan. The asset servicing firm argues that those funds truly ...

Market wrap AM

AAP  |  TUESDAY, 9 OCT 2012
The Australian market looks set to open higher despite falls on the US and European markets overnight. At 0821 AEDT on Tuesday, the December share price index futures contract was up six points at 4,485. In economic news on Tuesday, the National Australia ...