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

Search Results

Showing 1101 - 1110 of 1832 results for "Bill 2014"

AMP updates FLP insurance offering

LINDA HAUSKEN  |  MONDAY, 20 AUG 2012
AMP has added a range of enhancements to its Flexible Lifetime Protection insurance offering to remain competitive in an ever changing environment. John Ashton head of product on-sale for Retail Wealth Protection at AMP said changing work patterns ...

Super governance Bill passes amid cries of favouritism

BEN COLLINS, MELANIE TIMBRELL  |  THURSDAY, 16 AUG 2012
The Federal opposition argues that a scale test on superannuation fund trustees inappropriately favours industry super funds. This comes on the back of legislation passing through Parliament last night, which gives the Australian Prudential Regulation ...

Bad news sells

BENJAMIN ONG  |  THURSDAY, 16 AUG 2012
Don't bother reading today about what Wall Street did last night - it didn't. 'Twas another DD (dull day) folks. Nothing new -- just that what's now become a too familiar refrain of investors fearing slowing global growth counterbalanced by hope that ...

MySuper Bill could expose individual trustees to legal action

BEN COLLINS  |  MONDAY, 13 AUG 2012
Superannuation reforms could leave individual trustees open to litigation, causing a group of representative bodies to write to the Federal Government to voice their concerns. In a joint submission, the Australian Institute of Superannuation Trustees ...

Future Fund defends tax havens

BEN COLLINS  |  FRIDAY, 10 AUG 2012
The Future Fund has defended its investments in subsidiaries based in known tax-havens during a senate inquiry yesterday. The fund's 2011 annual report shows that it has 14.4% of its assets in the Cayman Islands, plus significant investments in the ...

Super funds urged to include macro-level ESG principles

BEN COLLINS  |  THURSDAY, 9 AUG 2012
Institutional investors are increasingly demanding that Environmental, Social and Governance principles be considered in mandate design - and it needs to be from a macro-level, said Solaris Investment Management. "Several of Solaris' institutional clients ...

MFOs take growth from banks

MELANIE TIMBRELL  |  TUESDAY, 7 AUG 2012
Boutique multi-family offices are outgrowing bank-affiliated organisations worldwide, according to a Bloomberg Markets study. Of the top 10 fastest-growing firms ranked, only HSBC Private Wealth Solutions was part of a big bank with the other nine on ...

Austock seeks liquidity for shareholders who want out

BEN COLLINS  |  TUESDAY, 7 AUG 2012
The Austock Group has announced plans for an on-market buy-back of up to 27 million fully paid ordinary shares, approximately 20% of its total shares on issue. Bill Bessemer, Austock Group chief executive offer, said that the buy-back was to provide ...

CGT relief for super funds backdated

LINDA HAUSKEN  |  MONDAY, 6 AUG 2012
Financial Services and Superannuation Minister, Bill Shorten, has released exposure draft legislation on income tax relief for merging superannuation funds for public comment. The draft legislation takes into account several of the issues raised by ...

No roadblocks to success: Cormann

BEN COLLINS  |  FRIDAY, 3 AUG 2012
Mathias Cormann, Shadow Assistant Treasurer and Shadow Minister for Financial Services and Superannuation, came out swinging yesterday, accusing the Federal government of implementing "chaotic and unpredictable" regulations. Cormann swore a "blood oath ...