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Showing 5291 - 5300 of 6884 results for "Act2"

Opposition slams opt-in policy

MATT WOODINGTON  |  MONDAY, 28 FEB 2011
Shadow Assistant Treasurer Senator Mathias Cormann has described the government's proposed opt-in policy as 'fundamentally flawed'. Speaking to delegates on the final day of the SPAA conference in Brisbane, Cormann said that the opposition does not ...

Market Wrap

AAP  |  FRIDAY, 25 FEB 2011
The Australian sharemarket opened slightly lower on Friday as uncertainty over the impact of Libya's turmoil remains a concern to investors. At 1015 AEDT, the benchmark S&P/ASX200 index was down 5.7 points, or 0.12 per cent, at 4,803.6, while the broader ...

ASIC bans former Storm adviser

ELISE BURGESS  |  FRIDAY, 25 FEB 2011
Former Storm Financial adviser, Stuart Craig Drummond, has been banned from providing financial services for four years following an investigation by the Australian Securities and Investments Commission (ASIC). Drummond was found guilty of making false ...

SG war far from over

ALEX DUNNIN  |  FRIDAY, 25 FEB 2011
The super fund campaign to increase inflows through a forced rise in compulsory contribution levels seems to be stalling with the AIST again maneuvered into coming out to defend the rise from another business lobby attack. "Employers had nothing to ...

GFC hangover hits Perpetual profit

ALISON BEVEGE  |  WEDNESDAY, 23 FEB 2011
A goodwill write-down from a pre-GFC purchase helped drag down wealth manager Perpetual's first-half profits by 29 per cent year-on-year to $35 million for the six months to December. The $10.6 million goodwill write-down comes from their 2008 purchase ...

AMP steps up adviser support

ELISE BURGESS  |  WEDNESDAY, 23 FEB 2011
AMP has launched new technology communication tools and peer-to-peer workshops to provide greater support for its advisers. AMP launched the initiative to promote intra-group communications and to facilitate regular meetings even across state boundaries. ...

Advisers must deliver alpha

ALEX DUNNIN  |  WEDNESDAY, 23 FEB 2011
To survive and thrive in a post-commission world, advisers will need to deliver alpha and be able to demonstrate it, according to research by Vanguard Investments. Francis Kinniry, a principal of Vanguard's global investment strategy group, developed ...

Market Wrap - Morning

AAP  |  TUESDAY, 22 FEB 2011
The Australian market has received mixed to negative leads from offshore trading overnight, with nervousness stemming from unrest in the Middle East and concerns over possible economic tightening in China contrasting with positive economic news in Europe. ...

Poor advice fine to reach $200k

ELISE BURGESS  |  MONDAY, 21 FEB 2011
Financial advisers who break the law could face up to five years in jail and up to $200,000 in fines, based on proposed changes to industry laws. Currently a financial adviser that is found guilty of breaching their fiduciary duty could be charged a ...

Yakety yak

BENJAMIN ONG  |  MONDAY, 21 FEB 2011
I wonder if anyone noticed that there was a G-20 meeting held over the weekend. Yes, there was! Honest. Am sure many have heard of the meeting in Paris where the world's 20 most powerful heads talked to discuss the collective economic and financial ...