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Showing 1081 - 1090 of 1727 results for "Provisio"

Super needs a radical new solution to longevity: Keating

ALEX DUNNIN  |  FRIDAY, 9 MAY 2014
Former Prime Minister and superannuation system architect Paul Keating says the government needs to create 'superannuation mark two' to enable superannuation to provide enough money for retirees who are increasingly likely to become centenarians. Speaking ...

Stakeholders stage FoFA confrontation in Senate submissions

LAURA MILLAN  |  WEDNESDAY, 7 MAY 2014
A new round of submissions to the Senate inquiry into the Future of Financial Advice (FoFA) amendments has seen consumers, academics and industry bodies holding increasingly opposing positions. Most stakeholders focused on the most controversial topics ...

'Choice' dashboard, portfolio disclosure delayed to 2015

ALEX DUNNIN  |  TUESDAY, 6 MAY 2014
The government has announced that the start date for the product dashboard for 'choice' super funds and introduction of the portfolio holdings disclosure regime will be delayed 12 months to July 2015. Rollout of the MySuper product dashboard is unaffected ...

Virgin Money cops fine for misleading direct insurance ads

MARK SMITH  |  WEDNESDAY, 30 APR 2014
Virgin Money Australia has been forced to pay $30,600 in penalties after some of its advertisements fell foul of the regulator. The Australian Securities and Investments Commission (ASIC) issued three infringement notices for misleading online and television ...

Over 50s want to work longer, survey finds

JAMES FERNYHOUGH  |  MONDAY, 28 APR 2014
Employer attitudes towards older people in the workforce are improving as employees show a willingness to work longer, according to a study commissioned by the Financial Services Council (FSC). The report, which was conducted by Kreab & Gavin Anderson ...

CBA integrates online business banking with MySuper

JAMES FERNYHOUGH  |  WEDNESDAY, 16 APR 2014
Commonwealth Bank of Australia (CBA) has taken its campaign to become a major player in employer superannuation up a notch, integrating its business banking services and MySuper product on its online banking tool, NetBank. The integration of the two ...

Could government issue its own annuities?

JAMES FERNYHOUGH  |  TUESDAY, 15 APR 2014
The government could play an active role in the creation of a functioning annuities and longevity insurance market, according to the Centre of Excellence in Population Ageing Research (CEPAR) in its submission to the Financial System Inquiry. While ...

Protection needed if pension age increased: AIST

LAURA MILLAN  |  TUESDAY, 15 APR 2014
The Australian Institute of Superannuation Trustees (AIST) said that an increase in the pension age should be accompanied by measures to protect older Australians who are unable to work longer. The statement follows a speech by Treasurer Joe Hockey ...

Synchron recruits admin staff to cope with adviser demand

LAURA MILLAN  |  FRIDAY, 11 APR 2014
Synchron has recruited administration and compliance staff to assist with an increase in adviser applications to join the dealer group. At least 34 individual advisers have applied to join Synchron in over a month, following the group's decision to ...

EQT to buy ANZ Trustees for $150m

MARK SMITH  |  THURSDAY, 10 APR 2014
ANZ will sell its ANZ Trustees business to Equity Trustees (EQT) and form a new strategic relationship with the financial services provider involving a range of client referral and service arrangements. The transaction is expected to be completed in ...