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Showing 10881 - 10890 of 19601 results for "RIS"

Mother doesn't know

BENJAMIN ONG  |  MONDAY, 5 MAY 2014
Was it good? Was it bad? Was it the weather? Was it not? We're talkin' about America's mother-of-all-eco-stats - the US non-farm payrolls report - released last week. Too bad we won't know for sure what the market's general consensus is coz geo-politics ...

Age Pension to rise to 70 by 2035

MARK SMITH, JAMES FERNYHOUGH  |  FRIDAY, 2 MAY 2014
Treasurer Joe Hockey has confirmed that he plans to raise the Age Pension eligibility age to 70 by 2035 in the upcoming Budget. Confirmation came in an interview with Alan Jones on 2GB radio in which the two men were discussing the Commission of Audit's ...

David Murray gives first insight into FSI

LAURA MILLAN  |  FRIDAY, 2 MAY 2014
The Financial System Inquiry (FSI) chairman David Murray said that the committee will focus on ageing, technology and innovation as drivers of change and at how these affect regulation, competition and consumer outcomes. Murray said that the committee ...

Industry asks for long-term, comprehensive approach to Age Pension

LAURA MILLAN  |  FRIDAY, 2 MAY 2014
The financial services industry has asked the government to take a long-term, comprehensive approach to any changes to the Age Pension and to the superannuation preservation age, following the release of the National Commission of Audit report. The ...

IOSCO recommends improved disclosure for direct products

ALEX DUNNIN  |  FRIDAY, 2 MAY 2014
The growth of directly distributed financial products has pushed a Joint Forum of the International Organisation of Securities Organisations (IOSCO) to call for improved global regulation and disclosure standards for products sold this way. In Australia ...

Macquarie profit up 49%

AAP  |  FRIDAY, 2 MAY 2014
Macquarie Group has lifted its full year profit 49% as the company takes advantage of improved conditions in equity markets. The investment bank made a net profit of $1.265 billion for the 12 months to March 31, up from $851 million a year ago. As a ...

Macquarie Bank names managing director

MARK SMITH  |  FRIDAY, 2 MAY 2014
Mary Reemst will replace Greg Ward as managing director and chief executive of Macquarie Bank from 1 July. Reemst has been with the company for 15 years and is currently head of credit in the risk management group, a role she has held for the past 11 ...

ECB to stay in May

BENJAMIN ONG  |  FRIDAY, 2 MAY 2014
Phew! That was close. No Virginia, we didn't hear this sigh of relief from European Central Bank president Mario Draghi yesterday, but we would have had the Fed's policy announcement and America's first quarter GDP growth update not drowned out the ...

Australian investors 'conservative and pessimistic': Legg Mason

JAMES FERNYHOUGH  |  THURSDAY, 1 MAY 2014
Australian investors are some of the most nervous and pessimistic in the world despite comparatively favourable investment conditions, a survey by Legg Mason has found. The survey covered 4,300 private investors worldwide, including 200 Australians. ...

MetLife to make 32 appointments

LAURA MILLAN  |  THURSDAY, 1 MAY 2014
MetLife will open a Melbourne office, with plans to hire more than 30 new staffers across claims, product and pricing, client relationship and finance. "MetLife is strongly committed to the group insurance segment in Australia and to life insurance ...