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Showing 10681 - 10690 of 15807 results for "TER"

Think big on scale, ORFR: APRA

MELANIE TIMBRELL  |  TUESDAY, 21 AUG 2012
Focus on the underlying objective, and not the minutiae of methodology. That's the message from APRA to super funds on incoming reforms. Responding to concerns raised during the consultation process and subsequent public forums, APRA's deputy chair ...

APRA tweaks insurance in super

MELANIE TIMBRELL  |  TUESDAY, 21 AUG 2012
APRA will change its stance on insurance in super, allowing registered superannuation entities to seek income protection through general rather than life insurance providers alone. Acknowledging that APRA's initial approach was prescriptive, deputy ...

Sitting and waiting and still hoping

BENJAMIN ONG  |  TUESDAY, 21 AUG 2012
Looks like some in Europe's back from their holidays - there's some stirring going on from there again. Germany's Der Spiegel magazine reported that the ECB plans to buy government bonds to place a cap on yields to a pre-set premium over German bunds. ...

Break ASX clearing monopoly: Chi-X

LINDA HAUSKEN  |  MONDAY, 20 AUG 2012
The Chi-X wants the ASX to give up control of its current monopoly of clearing and settlement, claiming it will place downward pressure on prices and lead to improved service delivery. Clearing refers to all activities from the time a commitment is ...

Super governance Bill passes amid cries of favouritism

BEN COLLINS, MELANIE TIMBRELL  |  THURSDAY, 16 AUG 2012
The Federal opposition argues that a scale test on superannuation fund trustees inappropriately favours industry super funds. This comes on the back of legislation passing through Parliament last night, which gives the Australian Prudential Regulation ...

CBA posts good profits despite volatile markets

LINDA HAUSKEN  |  WEDNESDAY, 15 AUG 2012
The Commonwealth Bank Group has posted a $7.09 billion full year profit - which represents an 11 % increase on the previous year as at June 2012. The Commonwealth Bank's (CBA) cash profit of $7.11 billion was up 4% on the previous year. The bank's customer ...

Vision Super chief steps down

MELANIE TIMBRELL  |  WEDNESDAY, 15 AUG 2012
Vision Super chief executive of 19 years, Rob Brooks, will step down at the end of the month. The board is expected to announce an interim replacement while the fund continues its search for a merger partner following this year's failed attempt to combine ...

Swan talks up bank reforms for competition

MELANIE TIMBRELL  |  MONDAY, 13 AUG 2012
Treasurer Wayne Swan has talked up the Government's banking reforms, dubbing them "a better banking deal" for consumers amid last week's call for a major financial system review. Former committee member at the Wallis Inquiry, Ian Harper last week issued ...

Market Wrap

AAP  |  MONDAY, 13 AUG 2012
Australian shares were higher at opening as hope continued for improvement in the European debt crisis. At 1015 AEST on Monday, the benchmark S&P/ASX200 index was up 31.8 points, or 0.74 per cent, at 4,309.1 while the broader All Ordinaries index was ...

CommCentral launches FOFA revenue management solution

LINDA HAUSKEN  |  MONDAY, 13 AUG 2012
Melbourne based financial technology company CommCentral has launched Revex, a remuneration solution designed for advisers and dealer groups to manage revenue and Future of Financial Advice reform requirements. The new web based software solution, Revex ...