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Showing 1041 - 1050 of 3211 results for "Choice"

Regulators in Productivity Commission firing line

HARRISON WORLEY  |  THURSDAY, 10 JAN 2019
... the Government to legislate all APRA-regulated funds be required to undertake annual outcomes tests for their MySuper and choice offerings, with clear benchmarking requirements for all MySuper and choice investment options. The report said benchmarking ...

Productivity Commission shakes up default superannuation

KARREN VERGARA  |  THURSDAY, 10 JAN 2019
... issue, the Commission wants workers to be defaulted once, if they do not have an existing super account and fail to make a choice of their own, it said. The shortlist would be compiled by an independent expert panel and assess the list every four years ...

ASFA, ISA, FSC weigh in on the final report

KARREN VERGARA  |  THURSDAY, 10 JAN 2019
... reaffirms the strength of superannuation, but member advocates say the findings are wake up call to fix a broken system. CHOICE chief executive Alan Kirkland said the final report is a call for all political parties to fix an "outdated" system. The fact ...

CFS tops up Morgan Stanley mandate

KANIKA SOOD  |  WEDNESDAY, 9 JAN 2019
... data. It beats all other retail funds in employer lifestage super returns for a 40 year old over 3 year period: ANZ Smart Choice returned 6.2% p.a., Essential Super Employer returned 6% p.a. and Mercer SmartPath delivered 5.9% p.a. Colonial First State ...

Simpler fee disclosure on ASIC agenda

KARREN VERGARA  |  WEDNESDAY, 9 JAN 2019
... costs of MySuper products with the fees and costs of superannuation held via a platform. Most bank-owned and other retail choice superannuation products are held through platforms," AIST chief executive Eva Scheerlinck said. Scheerlinck added the Royal ...

Joint venture to set new ETF standard

JAMIE WILLIAMSON  |  WEDNESDAY, 9 JAN 2019
... chief executive Damon Williams said the partnership is a win for Canadian investors. "Canadian investors deserve a level of choice, quality and cost competitiveness that is second to none - and that is what RBC iShares delivers. This exciting step forward ...

UK loses £800bn in assets amid Brexit fears

KARREN VERGARA  |  TUESDAY, 8 JAN 2019
... financial services leader Omar Ali said as things stand and as per regulatory expectations, financial services firms have no choice but to continue preparing on the basis of a no-deal scenario. "Deal or no deal, financial services companies' main ...

APRA lifts interest-only restrictions

HARRISON WORLEY  |  FRIDAY, 21 DEC 2018
... Anna Bligh said. "While banks will continue to lend prudently, today's decision will mean all banks can offer more choice for customers who are looking to buy a house or apartment. "Increased competition across the industry will mean customers have ...

CBA and Alipay to bring in Chinese shoppers

KANIKA SOOD  |  THURSDAY, 20 DEC 2018
... innovative apps ecosystem, Albert App Bank." "We are constantly working on payment solutions that offer flexibility and choice for our customers, and this is another example of CBA's leadership in the delivery of technology-enabled business solutions ...

Adviser exam draft legislation released

JAMIE WILLIAMSON  |  MONDAY, 17 DEC 2018
... Following consultation, FASEA has determined the exam will be a 3.5 hour supervised test comprising at least 64 multiple choice questions and minimum six written responses. It will be open book for all statutory components. The exam will cover the regulatory ...