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Showing 861 - 870 of 1370 results for "Corporations"

Prominent families back Future Generation philanthropic fund

MARK SMITH  |  MONDAY, 15 SEP 2014
... philanthropically geared and is an excellent example of how innovative philanthropic initiatives can be part of and driven by corporations and business." Victor Smorgon Group's managing director Peter Edwards added: "The fund represents an evolution ...

Advisers must attend ethics classes, say ISA and AIST

JAMES FERNYHOUGH  |  WEDNESDAY, 10 SEP 2014
... not-for-profit superannuation industry has argued. In a joint submission to the Parliamentary Joint Committee on Corporations and Financial Services (PJC), Industry Super Australia (ISA) and the Australian Institute of Superannuation Trustees (AIST) ...

Ties between product and advice "archaic": FPA

ALICE URIBE  |  FRIDAY, 5 SEP 2014
... Planning Association urged the Financial System Inquiry to review the definition of 'financial product advice' in the Corporations Act and said that the current regime was "detrimental to innovation." In its second submission to inquiry, the FPA described ...

Higher adviser education should kick off on 2018: FPA

LAURA MILLAN  |  THURSDAY, 4 SEP 2014
... Financial Planning Association (FPA) said in its submission to a Parliamentary Joint Committee (PJC) inquiry. The PJC on Corporations and Financial Services is conducting an inquiry into proposals to lift the professional, ethical and education standards ...

Coffey to raise $40 million via bond market

MARK SMITH  |  WEDNESDAY, 3 SEP 2014
... include more retail investors. The simple bond legislation, as the reforms are known, make it easier and cheaper for corporations to issue bonds. As a growing number of people enter retirement in the coming years, it is expected that self-directed investors ...

Senate bill challenges general advice definition

LAURA MILLAN  |  TUESDAY, 2 SEP 2014
... sitting today, along with a second reading speech, Whish-Wilson's spokesperson confirmed. The bill will amend the Corporations Act 2001 Documents obtained by Financial Standard show that Whish-Wilson's bill substitutes the term 'general advice' in the ...

ASIC lowers wholesale investor threshold to $2.5 million

LAURA MILLAN  |  MONDAY, 11 AUG 2014
... determined. The regulator has issued a statement to clarify the definition of retail and wholesale investors. The Corporations Act determines that, when receiving financial advice, SMSF trustees should be classified as retail clients, unless the fund ...

Van Eyk suspends redemptions on Blueprint funds

LAURA MILLAN  |  THURSDAY, 7 AUG 2014
... was appointed in July 2012," van Eyk said. As a consequence, VBI has ceased to be a liquid scheme as defined by the Corporations Act. Van Eyk and Macquarie Investment Management Limited, the fund's responsible entity, "have determined that it is in the ...

New PJC inquiry will "close the loop" on consumer protection

LAURA MILLAN  |  WEDNESDAY, 30 JUL 2014
... Financial Planning Association (FPA) chief executive Mark Rantall has said. The Parliamentary Joint Committee on Corporations and Financial Services will look at the adequacy of current qualifications required by financial advisers and at the recognition ...

S&P, ABN Amro appeals rejected in landmark ruling

MARK SMITH  |  THURSDAY, 24 JUL 2014
... not apportionable to the parties involved, it has in effect extended the avenues of recourse available under the Corporations Act to investors in a wide range of securities in Australia. "This is a great win, not only for the 12 Councils but for investors ...