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Showing 491 - 500 of 586 results for "CIV"

FOFA: Opt-in obligations, ASIC

ELISE BURGESS  |  MONDAY, 29 AUG 2011
The much anticipated proposed regulations for the financial advice industry have been announced with opt-in, the banning of commissions, new powers for ASIC and a consultation paper on the term 'financial planner' outlined in the first tranche of draft ...

ASIC jobs cut as responsibilities rise

ALISON BEVEGE  |  FRIDAY, 22 JUL 2011
The Australian Securities and Investments Commission has axed 59 jobs in the year to May as part of 87 redundancies with a further 68 to go this financial year as part of a $10 million budget cut to the corporate watchdog, dependant on a funding review. ...

Commonwealth trustee reforms passes Senate

ALEX DUNNIN  |  WEDNESDAY, 29 JUN 2011
Legislation consolidating the trustee arrangements of the Commonwealth's main military and civilian superannuation schemes into a single entity passed the Senate this week. In a statement, the government said the new structure will modernise commonwealth ...

New index tracks second-tier emerging markets

ALISON BEVEGE  |  THURSDAY, 5 MAY 2011
S&P Indices has launched a new index covering second-tier emerging markets Columbia, Indonesia, Vietnam, Egypt, Turkey and South Africa. The CIVETS 60 index comprises of ten stocks from each country. Each company must have a market capitalisation of ...

Big mandates, big risk

ALISON BEVEGE  |  TUESDAY, 5 APR 2011
The wealth management industry should look at sovereign wealth clients as a potential frozen asset risk, an analyst from Colonial First State told Financial Standard yesterday. With civil war raging in Libya and tensions continuing to erupt across the ...

We shall overcome

BENJAMIN ONG  |  WEDNESDAY, 30 MAR 2011
"We shall overcome someday; Oh, deep in my heart, I do believe, We shall overcome someday. The Lord will see us through, The Lord will see us through, The Lord will see us through someday..." Just replace "The Lord" in the lyrics above with the "The ...

Capitalism killed Mars

BENJAMIN ONG  |  THURSDAY, 24 MAR 2011

UBS wealth mgmt to review compliance

ELISE BURGESS  |  FRIDAY, 18 MAR 2011
ASIC has signed an enforceable undertaking (EU) from UBS Wealth Management Australia Ltd to review its compliance culture and frameworks and fix past compliance failures. The fund manager didn't provide statements of advice to 764 retail clients invested ...

Market Wrap - Midday

AAP  |  FRIDAY, 18 MAR 2011
The Australian dollar is over half a US cent higher on news that the Group of Seven major industrialised countries have agreed to support Japan's economy. The US dollar also surged against the yen on news that the G7 had agreed on joint intervention ...

Market Wrap - Morning

AAP  |  TUESDAY, 8 MAR 2011
The Australian market is receiving strongly negative leads from offshore trading overnight, as continuing unrest in North Africa and the Middle East induces nervousness on world markets. On the ASX 24 at 0832 AEDT, the March share price index futures ...