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

Search Results

Showing 471 - 480 of 573 results for "CEA"

Cbus to divest tobacco holdings as stocks fall from highs

MARK SMITH  |  WEDNESDAY, 4 SEP 2013
Cbus Super will divest its holdings in tobacco companies in the interest of members and their long-term investment returns. The super fund has written to fund managers to instruct them to divest tobacco holdings immediately. Where Cbus invests through ...

Advisers warned to check pension start dates after new ruling

MARK SMITH  |  MONDAY, 5 AUG 2013
Advisers have been warned to pay closer attention to pension start dates following a tax office ruling explaining when a superannuation income stream commences and when it ceases, and consequently when a superannuation income stream is payable and taxable. ...

ATO clarifies when a pension ceases

STAFF WRITERS  |  THURSDAY, 1 AUG 2013
The Australian Taxation Office has issued a ruling confirming the conditions for when a pension ceases. The ATO issued the Ruling to explain when a superannuation income stream commences and when it ceases, and consequently when a superannuation income ...

Super fund returns as good as it gets

ALEX DUNNIN  |  THURSDAY, 25 JUL 2013
Super funds on track to deliver average returns for 2012-13 of 15%, the third best in the past 26 years, demonstrate how fund members who kept their nerve after the GFC are now reaping the benefits. The result is based on preliminary analysis of Rainmaker's ...

Peace, be still

BENJAMIN ONG  |  FRIDAY, 12 JUL 2013
"...And he was in the hinder part of the ship, asleep on a pillow: and they awake him, and say to him, Master, care you not that we perish? And he arose, and rebuked the wind, and said to the sea, Peace, be still. And the wind ceased, and there was ...

ASIC winds up insolvent derivatives issuer

MARK SMITH  |  TUESDAY, 9 JUL 2013
The Australian Securities and Investments Commission (ASIC) has obtained orders in the Federal Court to wind up Sydney-based derivatives issuer Apex Derivatives. Apex promoted trading in forex and contracts for difference (CFD) derivatives via its website. ...

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 ...

Industry bodies ask PJC for TASA extension

LAURA MILLAN  |  THURSDAY, 13 JUN 2013
Industry bodies have asked the Parliamentary Joint Committee (PJC) for a 12 month extension to allow enough time for the industry to comply with the Tax Agent Services Act (TASA) 2009 bill. The PJC held its first meeting yesterday in Sydney and major ...

Same Day Money loses credit licence

LAURA MILLAN  |  MONDAY, 11 MAR 2013
The Australian Securities and Investments Commission (ASIC) has cancelled the Australian Credit Licence (ACL) of Cairns-based business Same Day Money. Same Day Money director Lawrence James Sullivan has also been banned from engaging in credit activities ...

Valuation drop for WHK if merger falls through: Macquarie

BEN COLLINS  |  WEDNESDAY, 27 FEB 2013
WHK Group investors run the risk of seeing their shares fall by as much as 13% if the proposed merger with SFG doesn't go ahead, according to analyst research. On Monday SFG Australia said that it had presented WHK Group's board with a non-biding proposal ...