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| | | The Australian market looks set to open higher following a mixed lead from Wall Street and as investors digested news that debt laden Spain had slipped into recession. At 0800 AEDT on Tuesday, the March share price index futures contract was up 12 points ... |
| | | | ... practice. Rice Warner told Financial Standard there were no definite plans for further appointments in the superannuation field, though it would depend on client demand |
| | | | ... "unnecessarily complex" and often unclear, would lead to job losses in the industry, and would "enshrine an unlevel playing field amongst advice providers". The Opposition said it had made 16 recommendations on how the legislation could be improved. |
| | | | Australian stocks opened firmer on Tuesday, led by strength in the telecoms and information sector. At 1031 AEDT, the benchmark S&P/ASX200 index was up 14 points, or 0.33 per cent, at 4,281.4 points, while the broader All Ordinaries index had risen ... |
| | | | ... funds, working with partnerships with service providers, and also making sure we have good user groups," said Vickers. Chris Field, executive director and senior relationship manager, World Wide Services, JP Morgan Australian and New Zealand said that ... |
| | | | ... supermarket players, Richard Klipin, chief executive officer for the Association of Financial Advisers called for a "level playing field," saying that the opt-in principle in particular would lead to more consolidation in the industry and damage Australians' ... |
| | | | ... Financial Planning Association (FPA) also came out in support of the move, believing it would encourage "an even playing field for all superfunds, industry and retail alike". BT Financial Group head of superannuation Melanie Evans said the current system ... |
| | | | Australian stocks extended their losses as a slew of downgrades to European banks and fears that France may soon follow sent offshore bourses tumbling overnight. Ratings agency Fitch has downgraded major banks Credit Agricole and Rabobank on the back ... |
| | | | ... will be subject to key FOFA regulatory requirements, such as the best interests duty, thereby promoting a level playing field with other forms of financial advice. In addition, this definition provides safeguards by restricting the types of financial ... |
| | | | ... Meanwhile, ASIC's market integrity rules for capital for Chi-X have been closely modelled on ASX rules to "ensure a level playing field" for the two equities markets. ASIC said that traders using both markets would also be in a position to satisfy capital ... |
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