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Showing 10281 - 10290 of 20558 results for "BEN"

FSI questions viability of franking credits

JAMES FERNYHOUGH  |  WEDNESDAY, 16 JUL 2014
The viability of Australia's imputation (or 'franking') credits system has been singled out for review in the Financial System Inquiry's interim report. The report acknowledged that the franking credit system, which refunds corporation tax to low or ...

Green appointed CEO MetLife Korea

ALEX DUNNIN  |  WEDNESDAY, 16 JUL 2014
MetLife Australia interim chief executive officer Damien Green has been appointed chief executive of MetLife Korea. Green is currently head of employee benefits for MetLife in Asia. He stepped in as interim CEO of MetLife Australia earlier this year ...

Yellen yawn turn to Yellen yikes

BENJAMIN ONG  |  WEDNESDAY, 16 JUL 2014
It was to be a non-event. Financial markets didn't expect the head of the world's biggest and mightiest central bank to deviate much - if at all - from her rhetoric of days gone by - when she delivers her semi-annual testimony on US monetary policy ...

Market Wrap AM

AAP  |  WEDNESDAY, 16 JUL 2014
The Australian market looks set to open higher despite Wall Street closing mostly lower after the Federal Reserve warned that some technology stocks appear to be overvalued. At 0815 AEST on Wednesday, the September share price index futures contract ...

FoFA disallowance vote will save "millions"

ALICE URIBE  |  TUESDAY, 15 JUL 2014
The government's deal with the Palmer United Party (PUP) to retain the Future of Financial Advice (FoFA) legislation will save the financial services industry millions of dollars according the Financial Planning Association (FPA). Commenting on the ...

Senate votes against disallowing FoFA amendments

LAURA MILLAN  |  TUESDAY, 15 JUL 2014
The Labor and Greens attempt to disallow government changes to the Future of Financial Advice (FoFA) legislation failed after the Coalition was able to secure last-minute support from the Palmer United Party (PUP). The motion to disallow the government's ...

Confidence key to financial future: Murray

COLIN BRINSDEN, AAP ECONOMICS CORRESPONDENT  |  TUESDAY, 15 JUL 2014
The first review of the financial system since 1997 may result in lower superannuation fund fees and slow the erosion of retirement nest eggs. At a time when financial advisers and the Commonwealth Bank are under a cloud, the head of the financial system ...

FSI asks industry to consider greater ASIC powers

MARK SMITH  |  TUESDAY, 15 JUL 2014
The Financial System Inquiry (FSI) Committee, headed up by chairman David Murray, has questioned whether the Australian Securities and Investments Commission (ASIC) requires greater powers to better monitor Australia's financial services industry. In ...

FSI zeroes in on vertical advice and retirement income

LAURA MILLAN, JAMES FERNYHOUGH  |  TUESDAY, 15 JUL 2014
In its interim report released today the Financial System Inquiry (FSI) has suggested that the vertically integrated structures may be reducing the quality of financial advice that consumers receive. The FSI has asked stakeholders to consider different ...

Sustaining confidence in the Australian financial system: Murray

DAVID MURRAY  |  TUESDAY, 15 JUL 2014
Financial System Inquiry (FSI) chairman David Murray spoke at the National Press Club following the release of the FSI interim report. "Thank you to the National Press Club for the interest you have shown in today's release of the interim report of ...