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Showing 6151 - 6160 of 10709 results for "May 1997"

ASIC admits wrongdoing in Senate hearing

LAURA MILLAN  |  FRIDAY, 11 APR 2014
The Australian Securities and Investments Commission (ASIC)'s top officials admitted that the regulator could have done more to prevent poor advice and malpractices in a tense five-hour Senate hearing. The hearing focused on ASIC's performance in dealing ...

PIS adds consultants amid Centrepoint capital raising

LAURA MILLAN  |  FRIDAY, 11 APR 2014
Professional Investment Services (PIS) has appointed two people to its business consulting team, following a Centrepoint announcement that it will raise capital to create more opportunities for the wealth management business. PIS appointed Darren Black ...

Super fund CEOs compete on breast cancer fundraiser

JAMES FERNYHOUGH  |  FRIDAY, 11 APR 2014
HOSTPLUS chief executive David Elia is the super industry's frontrunner in the race to see who can raise the most money for breast cancer research. As part of Women in Super's Mother's Day Classic - the largest breast cancer research fundraiser in Australia ...

Dumping dear momos

BENJAMIN ONG  |  FRIDAY, 11 APR 2014
Uh-oh, are we in trouble now (again)? Wall Street had a big fall overnight providing evidence to those who claim the previous day's bounce was that of a deceased feline. Reports are it's about the rotation out of dear (as in expensive not the lovey-dovey ...

Could MySuper free-for-all lead to illegal inducements?

JAMES FERNYHOUGH  |  THURSDAY, 10 APR 2014
The removal of super from modern awards could see the big banks employing illegal or dubious methods to get new employers to sign up to their MySuper products, according to Cbus chief executive David Atkin. Currently, super funds wishing to provide ...

Reduce corporate tax rate, says Macquarie

JAMES FERNYHOUGH  |  TUESDAY, 8 APR 2014
The corporation tax rate should be reduced to 25% if Australia wants to become a regional financial services hub, Macquarie Group has argued. In its submission to the Financial Services Inquiry, the bank argued that Australia's current corporation tax ...

Time to go away?

BENJAMIN ONG  |  TUESDAY, 8 APR 2014
Three consecutive down days on the Street have turned the S&P 500 index's 2.3% gain for the year to a 0.2% loss; the Dow's flat (0.02%) performance into a 2.0% loss; and the Nasdaq's positive 2.4% into negative 2.3%. Three down days and suddenly allusions ...

ASIC dictates seven-year ban for rogue CBA adviser

LAURA MILLAN  |  MONDAY, 7 APR 2014
The Australian Securities and Investments Commission (ASIC) has banned Commonwealth Financial Planning adviser Jade Zaicew for seven years. Zaicew's banning follows ASIC actions against former CBA advisers Don Nguyen, Ricky Gillespie, Simon Langton ...

Latest Financial Standard issue available on the iPad app

STAFF WRITER  |  MONDAY, 7 APR 2014
The latest Financial Standard issue available on the iPad app. In the latest edition of Financial Standard, we look at misconceptions over the size of self-managed superannuation Fund (SMSF) viability. We also look at the UK government's decision to ...

Viable SMSF size underestimated

MARK SMITH  |  MONDAY, 7 APR 2014
The size at which a self-managed superannuation fund (SMSF) becomes a viable alternative to regular funds may be considerably higher than the industry currently estimates due to the impact of scale on performance. The industry typically advises that ...