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Showing 11491 - 11500 of 22150 results for "Tim"

Industry reacts to ASIC reforms

ALEX BURKE  |  THURSDAY, 21 APR 2016
Major industry figures have said they are broadly supportive of the Government's reforms for ASIC, but some are questioning the details of the user-pay scheme. Australian Institute of Superannuation Trustees chief executive said that while "it's been ...

Gen X and Y not looking to robo advice

KERRIE SYDEE  |  THURSDAY, 21 APR 2016
... with an adviser on an ad-hoc basis, revealing an opportunity for Advisers to develop a wider range of scaled advice packages. Tim Hewson, national partnership manager, residential and wealth at ING Direct said: "This presents some interesting opportunities ...

Commodities slump stalling sovereign wealth growth

ALEX BURKE  |  WEDNESDAY, 20 APR 2016
Sovereign wealth funds in commodities economies are being forced to sell off assets to manage government deficits, slowing growth for the sector. The 2016 Preqin Sovereign Wealth Fund Review shows that while assets held in sovereign wealth funds collectively ...

Government boosts ASIC with $127m package

ALEX BURKE  |  WEDNESDAY, 20 APR 2016
Following industry speculation, the Turnbull Government has announced a $127.2 million reform package for ASIC. The announcement follows Labor's calls for a Royal Commission into the financial services industry, which both the Prime Minister and Treasurer ...

Ausbil wins industry fund mandate

MARK SMITH  |  WEDNESDAY, 20 APR 2016
Ausbil Investment Management has been awarded an Australian equity mandate by a prominent industry super fund. Prime Super has tasked the fund manager with managing $100 million through its Australian Active Equity Strategy. Managed by chief executive ...

Budget leak proposes super tax crackdown

DARREN SNYDER  |  WEDNESDAY, 20 APR 2016
An alleged federal budget leak has caught the ire of a superannuation representative group that says any hike in super taxes needs to consider each end of the income spectrum. The leak, first aired on Sky News, says the federal government will run an ...

Aussie income managers underperforming

DARREN SNYDER  |  WEDNESDAY, 20 APR 2016
Investors planning for retirement have been warned to stick to fundamentals in the wake of new data showing Australian equity fund managers with an income objective have delivered below-market returns in recent years. Income funds covered by Lonsec ...

Australian system needs "substantial reassessment": SEC veteran

ALEX BURKE  |  TUESDAY, 19 APR 2016
In light of news about a potential Royal Commission, former assistant director of the division of enforcement at the US Securities and Exchange Commission Jordan Thomas has said Australia's financial system could benefit from "substantial reassessment." ...

Turnbull highlights ASIC resources boost in Parliament

ALEX BURKE  |  TUESDAY, 19 APR 2016
Reiterating that the regulator is the "tough cop on the beat," the Prime Minister has suggested in Parliament that ASIC will be given greater resources as part of a capability review. Responding to Labor MP Clare O'Neil's question about whether Government ...

Commissions survive as life remuneration bill flatlines

ALEX BURKE  |  TUESDAY, 19 APR 2016
The Corporations Amendment (Life Insurance Remuneration Arrangements) Bill 2016 has lapsed due to prorogation, leaving the future of risk adviser remuneration unclear. The reforms in the bill banning volume-based payments, capping commissions and implementing ...