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Showing 5521 - 5530 of 6884 results for "Act2"

Market Wrap - Midday

AAP  |  THURSDAY, 8 APR 2010
The Australian stock market remained in the red at noon after a weak US lead and profit-taking activity. At 1200 AEST, the benchmark S&P/ASX200 index was down 23.5 points, or 0.47 per cent, at 4,937.4 points, while the broader All Ordinaries had fallen ...

Bill backed for calling placement agents lobbyists

COMPANY RELEASE  |  THURSDAY, 8 APR 2010
A US retirement assembly has backed a bill treating placement agents as "lobbyists", in a bid to help protect the integrity of the nation's two largest public pension funds. Assembly member Ed Hernandez, who helped author the bill, said the vote meant ...

Khazanah buys Oriental University stake

MEDIA RELEASE  |  TUESDAY, 6 APR 2010
Investors might eye China's industrial growth as investment opportunities, but Khazanah Nasional is taking a different tact - forking out more than $45 million for a 10 per cent stake in Oriental University City Limited as part of its China education ...

Market Wrap - Midday

AAP  |  THURSDAY, 1 APR 2010
The Australian share market remained higher at noon with takeover activity in gold stocks and strength in resources stocks driving the gains. At 1200 AEDT, the benchmark S&P/ASX200 index was up 22.3 points, or 0.46 per cent, at 4,897.8 points, while ...

Insto investors win from govt Chi-X approval

MICHAEL HOBBS  |  THURSDAY, 1 APR 2010
The government's in-principle approval of Chi-X Australia not only heralds greater market competition but big savings for institutional investors. Chris Bowen, minister for financial services, superannuation and corporate law, backed greater competition ...

UK bans commission payments from products

MICHAEL HOBBS  |  TUESDAY, 30 MAR 2010
In a seminal move, the Financial Services Authority (FSA) has banned financial advisers from accepting commissions for recommending a product from 2012. The FSA also ruled that financial advice firms must be upfront about how much they charge for their ...

ASIC cancels Teys Property AFSL

ASIC RELEASE  |  FRIDAY, 26 MAR 2010
ASIC has cancelled the Australian Financial Services licence of Teys Property Funds after the firm went into external administration earlier this month. Teys is now known as TPFL Ltd. The firm is the responsible entity of eleven property and mortgage ...

SEC launches derivatives review

SEC RELEASE  |  FRIDAY, 26 MAR 2010
The US Securities and Exchange Commission (SEC) is reviewing the use of derivatives by mutual funds, exchange traded funds and investment firms. SEC staff will explore a number of issues relating to the investment strategy and the regulations imposed ...

IFSA blasts latest APRA league tables

ALEX DUNNIN  |  THURSDAY, 25 MAR 2010
IFSA has dismissed the APRA 'whole of fund' return on assets metrics as misleading, confusing and irrelevant for most members. "IFSA has rejected the APRA superannuation fund data... and its use in superannuation comparisons," they said in a statement. ...

Pillar chooses decimal

COMPANY RELEASE  |  TUESDAY, 23 MAR 2010
Superannuation fund administrator Pillar Administration has contracted decimal to supply a single-issue advice software solution to service its super fund clients and members. When implemented, Pillar's clients will be able to access single issue advice ...