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

Search Results

Showing 641 - 650 of 2379 results for "Rule"

COVID-19 ETP market winners, losers

ELIZABETH MCARTHUR  |  TUESDAY, 28 APR 2020
... field. Dyall said usually traded value is a function of the size of the product, but the bear ETFs proved exceptions to this rule. The BetaShares Australian Equities Strong Bear ETF makes money when the Australian shares index falls at a ratio of around ...

ASX ups capital raise capacity

ELIZA BAVIN  |  FRIDAY, 24 APR 2020
The Australian Securities Exchange announced changes to the temporary lift in placement capacity from 15% to 25% and increased transparency rules. The ASX said the measures are conditional on entities either doing a follow-on accelerated pro rata entitlement ...

Calls for super funds, government to collaborate on energy security

KANIKA SOOD  |  THURSDAY, 23 APR 2020
The federal government on Wednesday took advantage of the low oil prices to establish Australia's first sovereign energy reserve, and superannuation funds can help, according to an expert. Energy minister Angus Taylor said the government will buy ...

SMSF auditors come under fire

ALLY SELBY  |  THURSDAY, 23 APR 2020
The corporate watchdog has disqualified, suspended and added additional conditions to six different self-managed super fund auditors as it works to ensure the industry meets competency and expertise standards. Auditors from around the country suffered ...

Challenger winds up boutique partnership

KANIKA SOOD  |  WEDNESDAY, 22 APR 2020
Challenger's Fidante Partners has sold its stake in an event-driven manager that it partnered with in 2018, according to its March quarter update which also shows superannuation funds moving to cash. Fidante has ended its partnership with US-based firm ...

ERS at risk of significant delays: ISA

ELIZA BAVIN  |  TUESDAY, 21 APR 2020
New polling by Industry Super Australia shows close to one million people planning to access their super early don't even qualify to do so, sparking concern that those in genuine need will experience significant delays in getting their hands on ...

Aussies flood to ERS as applications open

ELIZA BAVIN  |  MONDAY, 20 APR 2020
The Australian Taxation Office has confirmed over 881,000 Australians have registered their interest in the government's early release scheme. An ATO spokesperson told Financial Standard that while official applications for the COVID-19 early release ...

ERS can be drawn from multiple funds: ATO

ELIZA BAVIN  |  THURSDAY, 16 APR 2020
... is different to the usual process RSE licensees are expected to act in accordance with the ATO determination. "The AML/CTF Rule exempting RSE licensees from undertaking up-front customer verification means that RSE licensees will, in most cases, have ...

Boutique buys out Bennelong

ELIZA BAVIN  |  THURSDAY, 16 APR 2020
Wheelhouse Investment Partners has acquired Bennelong Funds Management's stake in the business after a three-year partnership. Wheelhouse said under its independent ownership structure, it will continue to focus on delivering purpose-built investment ...

Changes to foreign investment rules hurt managed funds

ALLY SELBY  |  TUESDAY, 14 APR 2020
A Chinese-Australian funds manager has slammed changes to the foreign investment review framework, arguing they will damage the Australian economy and its managed funds businesses. Atlas Advisors Australia said the new temporary FIRB rules would curb ...