Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1081 - 1090 of 3179 results for "ACTU"

Technical Services Forum: Keep advisers informed of change

HARRISON WORLEY  |  THURSDAY, 11 APR 2019
Lively discussion broke out during the first Challenger Financial Standard Technical Services Forum for 2019 in Sydney yesterday, with the consensus being financial advisers must be across which products are exempt from means testing. Challenger head ...

Climate change an imminent threat to returns

ELIZABETH MCARTHUR  |  TUESDAY, 9 APR 2019
A new report from Mercer shows how a climate change of 2c or more could have a detrimental impact on investment returns. According to Mercer, investing for a 2c climate change scenario is both an imperative and an opportunity, as it leads to enhanced ...

Institutions fail to adequately manage social risk

ELIZABETH MCARTHUR  |  TUESDAY, 9 APR 2019
The Actuaries Institute says social condition is as important as financial condition to the success and sustainability of an institution, but Australia's financial institutions are failing to measure this. The Hayne Royal Commission excoriated many ...

Colonial acquisition cost CBA shareholders $53bn: Merlon

KANIKA SOOD  |  TUESDAY, 9 APR 2019
CBA's decision to purchase Colonial under then chief executive David Murray destroyed $53 billion of value to shareholders in today's dollars, says Merlon Capital Partners. Analyst Hamish Carlisle says CBA overpaid for Colonial in 2000, and ...

Chief economist update: Two indicators giving the Fed a headache

BENJAMIN ONG  |  TUESDAY, 9 APR 2019
It appears nothing is normal with the Fed's march toward normalising monetary policy. Not only has it stopped in its tracks, the White House wants it to go in reverse. Cue US President Trump's latest "advice" to the Fed: "In terms of quantitative ...

Rice Warner names new chief executive

KARREN VERGARA  |  MONDAY, 8 APR 2019
The former head of Willis Towers Watson Australasia will now lead Rice Warner as its chief executive. Andrew Boal takes the post as Michael Rice steps down after 30 years of building and leading the business. Rice remains as an executive and board member ...

APRA receives new super powers

KARREN VERGARA  |  FRIDAY, 5 APR 2019
The prudential regulator's powers have been bolstered thanks to new laws that will enable it to take tougher action on trustees and underperforming funds. The Treasury Laws Amendment (Improving Accountability and Member Outcomes in Superannuation ...

Consumers don't understand fee disclosure: ISA

ELIZABETH MCARTHUR  |  THURSDAY, 4 APR 2019
Proposed changes to superannuation fee disclosures are still too confusing for consumers, warns Industry Super Australia. Industry Super Australia (ISA) has provided input on the proposed changes to Regulatory Guide 97, saying the proposals don't go ...

Federal Budget: Industry responds

HARRISON WORLEY  |  WEDNESDAY, 3 APR 2019
The 2019-20 Federal Budget's subdued approach has received a similar welcome from the wealth industry. The big players are neither up in arms nor full of praise for the Budget, which was headlined by personal tax cuts and a $7.1 billion surplus ...

In a nutshell: Federal Budget 2019

JAMIE WILLIAMSON  |  TUESDAY, 2 APR 2019
Delivering the 2019-20 Federal Budget tonight, Federal Treasurer Josh Frydenberg said the Government has made real progress but there is still work to be done. Off the bat, Frydenberg announced an expected surplus of $7.1 billion - the first surplus ...