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Showing 991 - 1000 of 1756 results for "Budget 2014"

Advisers show overwhelming support for ETFs

MARK SMITH  |  MONDAY, 7 APR 2014
A recent State Street Global Advisors (SSgA) seminar has revealed that Australian financial planners overwhelmingly support the use of exchange traded funds. A survey of attendees at SSgA's "Strategies for Accessing International Investment Opportunities" ...

APRA requests more decision-making power

JAMES FERNYHOUGH  |  MONDAY, 7 APR 2014
The Australian Prudential Regulation Authority (APRA) has used its submission to the Financial System Inquiry to call for increased independence from government. APRA's submission argues that it needs more freedom to regulate the banking, superannuation ...

Individual cover through super, key to insurance recovery

LAURA MILLAN  |  FRIDAY, 28 MAR 2014
The real opportunity for the insurance industry lies in encouraging consumers to enhance their default life risk cover within their superannuation, MetLife and Financial Services Council (FSC) research has concluded. "The real challenge for the industry ...

British govt to introduce pension choice

ALEX DUNNIN  |  FRIDAY, 21 MAR 2014
The British government is proposing a radical overhaul of the nation's private pensions system and will introduce choice of retirement product and simplify retiree taxation structures. The proposals were announced in the British 2014 Budget that was ...

SPAA calls for reduction in SMSF levy

JAMES FERNYHOUGH  |  MONDAY, 10 MAR 2014
The Australian Taxation Office's (ATOs) annual levy on self-managed superannuation funds (SMSFs) should be reduced in the May budget, according to the SMSF Professionals' Association of Australia (SPAA). SPAA's senior manager, technical and policy ...

Regulators must enforce rules, not write them: Brogden

JAMES FERNYHOUGH  |  FRIDAY, 28 FEB 2014
The Murray inquiry must review the role of the financial regulators to ensure that they remain within their remit of regulation enforcement, Financial Services Council (FSC) chief executive John Brogden has said. Speaking at the launch of the FSC/Deloitte ...

When saving goes bad

BENJAMIN ONG  |  FRIDAY, 28 FEB 2014
"As this prudent economy, which some people call Saving, is in private families the most certain method to increase an estate, so some imagine that, whether a country be barren or fruitful, the same method if generally pursued (which they think practicable) ...

Singapore lifts CPF rates

ALEX DUNNIN  |  WEDNESDAY, 26 FEB 2014
The Singapore government has announced that Central Provident Fund (CPF) contribution rates will next year climb for pre-retirees up to 35% while also establishing a $8 billion special purpose fund to pay for the health care needs of the Pioneer Generation. ...

Actuaries call for overhaul of retirement phase rules

JAMES FERNYHOUGH  |  MONDAY, 17 FEB 2014
The Actuaries Institute has called for profound change to the regulation of the retirement phase of superannuation, including changing the rules around lumps sum withdrawals and removing impediments to older people who want to continue working. In its ...

Blame it on the boogie

BENJAMIN ONG  |  FRIDAY, 14 FEB 2014
It's the weather, stupid! This was how Wall Street interpreted last disappointing data on retail spending and weekly jobless claims. 'Twas a convenient excuse (rationale?), particularly last night when a skyful of snow dropped on the East Coast about ...