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Showing 11071 - 11080 of 19601 results for "RIS"

Action!

BENJAMIN ONG  |  WEDNESDAY, 19 FEB 2014
So there we have it folks, the Bank of Japan (BOJ) has responded. The financial presses and commentariats may be calling the Japanese central bank's decision to expand its lending facilities a surprise but we know better, do we not? The BOJ must have ...

Challenger launches new smart beta boutique

MARK SMITH  |  TUESDAY, 18 FEB 2014
Challenger has launched a new boutique fund manager within its Fidante Partners managed fund business. The new fund manager, Tempo Asset Management, was revealed by Challenger chief executive Brian Benari at the group's half-year result announcement. ...

Challenger reports record annuities sales

JAMES FERNYHOUGH  |  TUESDAY, 18 FEB 2014
Challenger has reported "exceptionally strong" retail annuities sales in the half year up to December, rising by a record 38% to $1.46 billion. Overall Challenger's retail and institutional sales reached $1.75 billion. In the retail space, 19% of annuities ...

Sinodinos holds strong on FoFA regs despite legal concerns

LAURA MILLAN  |  TUESDAY, 18 FEB 2014
Assistant Treasurer Arthur Sinodinos remained resolute about his plan to introduce the amendments to the Future of Financial Advice (FoFA) via regulations "to the extent legally possible," despite some industry opposition. Sinodinos said that the aim ...

Actuaries call for overhaul of retirement phase rules

JAMES FERNYHOUGH  |  MONDAY, 17 FEB 2014
The Actuaries Institute has called for profound change to the regulation of the retirement phase of superannuation, including changing the rules around lumps sum withdrawals and removing impediments to older people who want to continue working. In its ...

Industry resists full portfolio disclosure

JAMES FERNYHOUGH  |  MONDAY, 17 FEB 2014
The superannuation and funds management industry has universally resisted the move towards full transparency of portfolio holdings. In submissions to Assistant Treasurer Arthur Sinodinos' discussion paper, 'Better regulation and governance, enhanced ...

Equity-like bonds most attractive

MARK SMITH  |  MONDAY, 17 FEB 2014
Equity-like fixed income areas and higher real-yielding sovereigns in developing markets can provide strong bond opportunities for 2014, according to Brandywine. The prospect of rising interest rates globally has lowered investors return expectations ...

Lawyer questions legality of FoFA amendments

JAMES FERNYHOUGH  |  MONDAY, 17 FEB 2014
The government's proposed amendments to the Future of Financial Advice (FoFA) reforms could be deemed legally "invalid" and "susceptible to challenge in the courts" if they are pushed through via regulatory change rather than legislation, law firm Arnold ...

It must have been love

BENJAMIN ONG  |  MONDAY, 17 FEB 2014
"There's a reason for the sunshinin' sky There's a reason why I'm feeling so high Must be the season when that love light shines all around us..." - Bellamy Brothers Quite fitting don't you think? Equity markets everywhere felt the 'love' on the week ...

FEATURE: The cost of cash

MARK SMITH  |  FRIDAY, 14 FEB 2014
Little more than two years ago, you wouldn't have to look very hard to find a 12-month term deposit paying you around 6%. But the hangover from the wildest commodity-fuelled party in Australia's history had to catch up eventually. Since then, the Reserve ...