Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 6471 - 6480 of 6885 results for "Act2"

Young Australians super about choice

Recent research from FuturePlus has revealed 47 per cent of Australians between 25 and 34 years of age in NSW are most like to switch superannuation funds once the July choice of funds legislation comes into place. "It reinforces the view that superannuation ...

Gaol term or former HIH managing director

... involvement in the collapse of the HIH group of companies. Cassidy pleaded guilty to two criminal charges under the Crimes Act (NSW) and one criminal charge under the Corporations Act. As part of his sentence Cassidy will only be required to serve 10 ...

Asset Super drops the passive act and appoints new overlay manager

Asset Super has outsourced its unit pricing to National Custodian Services (NCS), rearranging its investment structure by appointing State Street Global Advisors. (SSgA) to manage a new currency overlay mandate and dropping its $23 million passive international ...

FPA releases draft conflict of interest guidelines

The Financial Planning Association (FPA) has just announced the third and last phase of its clarity and transparency program and released its draft conflict of interest principals to the industry for consultation. According to FPA director Sarah Brennan ...

ASIC moves against a high-yield investment scheme.

ASIC will wind up a high yield investment scheme operated by Shane William Hoy of Kuraby and his companies BG Investments International Pty Ltd and Pathlawn Pty Ltd. Hoy through his companies offered investors the opportunity to invest in a high-yield ...

Mercer's survey reveals employees slow to act on choice

Mercer's 2005 Benefits Outside the Square survey has revealed only 10 per cent of employees will most likely switch funds over the next two years however 73 per cent are unlikely or very unlikely to change funds. The survey included interviews with ...

Federal Court reconsiders KordaMentha remuneration claim

Based on Australian Securities and Investment Commission (ASIC) submissions to a Federal Court of Australia review of a $2.856 million payment made to Stockford Administrators KordaMentha the Court has ordered a committee of inspection consider the ...

ASIC to be harsh but fair with super choice regulation

The Australian Securities and Investments Commission chair Jeffery Lucy has outlined the regulator's approach towards the choice of superannuation fund regime to be introduced in July of this year. ASIC focus revolves around making sure advisers and ...

APRA announces new prudential standards for financial institutions

Under new business continuity management (BCM) prudential standards released by the Australian Prudential and Regulation Authority (APRA) authorised deposit-taking institutions (ADIs) and insurers must identify business functions and infrastructure ...

APRA takes further action regarding HIH

The Australian Prudential Regulation Authority (APRA) has disqualified George Sturesteps, a former senior executive with HIH, from holding office as a director or senior manager of a general insurer under the Insurance Act 1973. In his time with HIH ...