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Showing 1131 - 1140 of 2155 results for "Extra"

AMP remains top dog on RI mandates

JAMES FERNYHOUGH  |  MONDAY, 28 JUL 2014
... mandates, according to the Responsible Investment Association of Australia's (RIAA) Benchmark Report 2014. AMP Capital added an extra $800 million in assets under management (AUM) in 2013, taking it to $2.7 billion AUM. It was followed by New Forests ...

Sustaining confidence in the Australian financial system: Murray

DAVID MURRAY  |  TUESDAY, 15 JUL 2014
... greater influence on our regulatory settings now than they did in 1997. International standards are no longer an optional extra, especially for a major capital importer like Australia. Apart from these post crisis developments other major changes have ...

Super funds have clout to demand transparency

JAMES FERNYHOUGH  |  FRIDAY, 11 JUL 2014
Super funds should not be shy of demanding full holdings disclosure from alternatives managers in order to meet reporting standards, HOSTPLUS chief investment officer Sam Sicilia has said. Sicilia said that if the managers refuse to provide the information ...

Market Wrap AM

AAP  |  FRIDAY, 11 JUL 2014
... the unemployment rate. Unemployment rose to six per cent in June - although the participation rate is up and almost 16,000 extra people found jobs. The benchmark S&P/ASX200 index was 11.9 points, or 0.22 per cent, higher at 5,464.4. The broader All Ordinaries ...

FoFA future uncertain as Palmer threatens to join opposition

LAURA MILLAN  |  MONDAY, 30 JUN 2014
... except for clarification on the grandfathering provision. With 33 representatives in the new Senate, the Coalition needs six extra votes to approve the amendments to the financial advice law. But Labor and the Greens are opposing the bill, which means ...

Advisers applaud "historic" ban on commissions

LAURA MILLAN  |  FRIDAY, 20 JUN 2014
Financial advice associations and the Financial Services Council (FSC) have applauded the "historic" ban on commissions in general advice and welcomed the government's changes to the Future of Financial Advice (FoFA) law. "We are extraordinarily pleased ...

FEATURE: Gear up for retirement

LAURA MILLAN  |  FRIDAY, 20 JUN 2014
... from the risks." Knox argues that a good portfolio will balance all those factors. But the right equilibrium requires an extra effort at a time when Australia is still coming to grips with the fact that focus is shifting "from wealth accumulation to ...

Xenophon rejects Senate FoFA report

LAURA MILLAN  |  WEDNESDAY, 18 JUN 2014
... support to the Committee's report. With 33 representatives in the new Senate coming in on July 1, the Coalition will need six extra votes to approve the amendments to the financial advice law. Labor and the Greens are opposing the reform, which means ...

Parliament passes temporary tax levy

AAP  |  TUESDAY, 17 JUN 2014
... rate, which applies to any income earned over $180,000, from 45 per cent to 47 per cent from July 1. It aims to collect an extra $3.2 billion over three years. Rebel Liberal senators Ian Macdonald and Cory Bernardi, who opposed the measure, were not ...

High earners to pay more tax soon

AAP  |  MONDAY, 16 JUN 2014
... loophole that means only "the wealthy but poorly advised" will pay the two%." For someone earning $200,000 that means paying an extra $400 in tax a year. For someone earning as much as Opposition Leader Bill Shorten on $380,000, the extra tax amounts ...