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Showing 1131 - 1140 of 2042 results for "EIT"

FSI report favours longevity pooling

JAMES FERNYHOUGH  |  MONDAY, 8 DEC 2014
The Financial System Inquiry final report has recommended superannuation funds make more use of longevity pooling in their retirement products. The report recommended that super funds offer a quasi-default 'comprehensive income product for retirement' ...

Global shares tipped amid slow local growth

JAMES FERNYHOUGH  |  MONDAY, 8 DEC 2014
Investors in the Australian share market can expect sluggish growth at best in 2015, as the fall in commodity prices flows on to the wider Australian economy. Plummeting oil prices and the resulting sudden fall in the domestic share market in early ...

Change insurance commissions to fight churning: FSI

LAURA MILLAN  |  SUNDAY, 7 DEC 2014
The Financial System Inquiry (FSI) final report has recommended that upfront commissions for life insurance advice not be greater than ongoing commissions, in order to fight churning practices. The inquiry led by chairman David Murray noted that such ...

New FoFA likely to increase advice costs

LAURA MILLAN  |  FRIDAY, 5 DEC 2014
The latest changes to the Future of Financial Advice (FoFA) legislation have brought back the opt-in requirement, which will force planners to spend more time on paperwork and raise their fees charged to clients as a consequence. A survey by consultancy ...

'Twilight pool' block trading venue to launch in 2015

JAMES FERNYHOUGH  |  WEDNESDAY, 3 DEC 2014
A new block trading venue for institutional investors is set to launch in the first half of 2015, exclusively for institutional investors trading in blocks of $1 million and above. Developed by BestEx, the new venue will be called Block Event. It positions ...

AustralianSuper appoints Principal to advise on US real estate

MARK SMITH  |  TUESDAY, 2 DEC 2014
Giant industry fund AustralianSuper has selected Principal Real Estate as its investment advisor for its US office strategy, effective immediately. The non-discretionary mandate will focus on large, high-quality office investments in major US markets ...

Phone usage reveals opportunity for financial services

MARK SMITH  |  WEDNESDAY, 26 NOV 2014
Fifteen per cent of Australians check their phones more than 50 times a day, according to the latest survey from Deloitte, which the company says highlights the huge opportunity for financial services providers to improve mobile offerings. The inaugural ...

Cbus delivered last blow before RC interim report

JAMES FERNYHOUGH  |  WEDNESDAY, 26 NOV 2014
Cbus' culture and senior executive Maria Butera's conduct have again been criticised by the Counsel Assisting the Royal Commission into Trade Union Corruption and Governance, following the improper leaking of member data and allegations of perjury. ...

Independent dealer groups eye Genesys practices

LAURA MILLAN  |  TUESDAY, 25 NOV 2014
Centrepoint Alliance has opened its doors to Genesys advisers after the closure of the dealership and asked them to choose a dealer group aligned with their values. "The impending closure of the Genesys dealer group has shone the spotlight once again ...

Advisers confronted with harsh reality of whistleblowing

LAURA MILLAN  |  FRIDAY, 21 NOV 2014
Blowing the whistle on rogues within any financial services organisation is hard, stressful and takes a toll on the whistleblower's life, but it is worth it because it makes a difference, former Commonwealth Bank adviser and whistleblower Jeff Morris ...