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Showing 10791 - 10800 of 19601 results for "RIS"

New FoFA will not bring back old commissions: FactCheck

STAFF WRITER  |  MONDAY, 2 JUN 2014
Changes to the Future of Financial Advice (FoFA) legislation will not bring back old-style commissions, ABC's FactCheck program said, contradicting shadow Treasurer Chris Bowen. FactCheck analysed Bowen's statement that changes to FoFA will bring back ...

AIA Australia re-enters direct insurance market

LAURA MILLAN  |  MONDAY, 2 JUN 2014
AIA Australia has signed a deal with Bendigo Bank and it will provide direct insurance to its customers for five years. The insurer has partnered with the bank to launch Bendigo SmartCover, a life insurance product that consumers can buy through the ...

IOOF and SFGA union rattles top ranks

LAURA MILLAN  |  MONDAY, 2 JUN 2014
The increasingly concentrated Australian financial services industry is about to be shaken by a merger that will position an independent provider on the front row for the first time in years. IOOF's bid to acquire SFG Australia (SFGA) shows that the ...

ASIC budget cuts send the wrong message: Greens

LAURA MILLAN  |  MONDAY, 2 JUN 2014
Cuts to the funding of the Australian Securities and Investments Commission (ASIC) send the wrong message to would-be criminals, Greens Senator Peter Whish-Wilson said. Whish-Wilson spoke after ASIC chairman Greg Medcraft said that ASIC will have to ...

Super isn't working for us, say baby boomers

JAMES FERNYHOUGH  |  MONDAY, 2 JUN 2014
Just 20% of working Australians over 50 believe superannuation is a "good system" that is "working for them," a report commissioned by REST Industry Super has found. The report also found that 45% of respondents were concerned about the constant rule ...

Market wrap

AAP  |  MONDAY, 2 JUN 2014
The Australian share market is off to a mixed start for the week. Stocks seesawed in the first hour of trade as investors focused on ongoing weakness in iron ore prices and better-than-expected Chinese manufacturing data. "It will most likely be a cautious ...

Australian investors prepare for market sell-off

MARK SMITH  |  MONDAY, 2 JUN 2014
Australian equity investors are positioning themselves for a pullback in the market, trading volumes in BetaShares exchange traded products (ETPs) show. According to BetaShares' data, the average daily value traded of the BetaShares Australian Equities ...

Losing shine

BENJAMIN ONG  |  MONDAY, 2 JUN 2014
Who went away in May? The month when we're supposed to sell and go away is over but it appears that it's the sellers that went away instead. Yes, Virginia, May's closing stats show that most major equity markets from New York to Rio and old London town ...

Market Wrap AM

AAP  |  MONDAY, 2 JUN 2014
The Australian share market is set to open lower due to falls in commodity prices at the end of last week. At 0700 AEST on Monday, the March share price index futures contract was down eight points at 5,495. In economic news on Monday, the bureau of ...

ASIC reviews misleading promotion of hybrids

JAMES FERNYHOUGH  |  FRIDAY, 30 MAY 2014
Hybrid securities providers can expect a high level of scrutiny from the Australian Securities and Investments Commission (ASIC), according to the regulator's chairman Greg Medcraft. Speaking at the Stockbrokers Association of Australia's annual conference ...