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10 June 2014 • By • 1 min read

Merrill Lynch Equities fined by ASIC

ASIC's Markets Disciplinary Panel (MDP) has penalised Merrill Lynch Equities for placing an erroneous order into the ASX Trading Platform which ...

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AllianceBernstein targets non-aligned distribution

AllianceBernstein is looking to broker deals directly with non-aligned financial planning groups, bypassing the ratings house process and platform ...

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FSC accuses FWC of ‘churning’ experts

By “churning” through members of its expert panel, the Fair Work Commission risks “fundamentally undermining the process” by which it selects default ...

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Federal Court rejects S&P appeal

The Federal Court has ruled Standard and Poor’s (S&P), ABN AMRO and Local Government Financial Services (LGFS) are 100 per cent liable for damages ...

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Tax implications hitting fund returns

Fund managers need to consider how the fund’s investment strategy influences tax outcomes because this can substantially affect cash returns, ...

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FTSE index to include China A-shares

Indices and data services provider FTSE Group has launched a set of benchmarks that will enable market participants to include China A-shares in ...

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ETP industry hits $11.4bn

The Australian exchange traded product (ETP) industry has grown another three per cent during May, up to $11.4 billion, according to exchange traded ...

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FSC wins court case against FWC

The Federal Court has found that Fair Work Commission president Iain Ross's decision to appoint himself to the default superannuation expert panel is ...

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TPB to enter agreement with ASIC

The Tax Practitioners Board (TPB) is drawing up a memorandum of understanding (MOU) with ASIC in preparation for the 1 July 2014 start date of the tax ...

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Big bank 'oligopoly' under fire

A new report has called on the government to curb the “deep vertical integration that has evolved over the last decade in the financial services ...

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