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Showing 1141 - 1150 of 2995 results for "Problem"

"We were wrong about super": FSC chair

ALEX BURKE  |  THURSDAY, 21 JUL 2016
... totally replace the Age Pension," Lloyd said that there was little the super industry could do to solve the fundamental problem of Australians not having enough income in retirement. "We need to encourage the mass affluent to save. There's no way around ...

O'Dwyer says life insurance back on the agenda

ALEX BURKE  |  THURSDAY, 21 JUL 2016
... financial advice on life insurance which has prevented them from achieving "financial security in times of need." The problem, of course, was that the government's reforms for the industry were before the Senate when the federal election was called ...

ASIC needs to focus on prevention, not cure

ALEX BURKE  |  THURSDAY, 21 JUL 2016
ASIC needs to work directly with the advice industry and develop more proactive regulation, according to Affinia chair Steve Helmich. Speaking on a panel at the 2016 FSC Leaders Summit in Melbourne, Helmich said that ASIC's role is to ensure favourable ...

SuperGuard360 gives SMSF trustees greater protection

MARK SMITH  |  FRIDAY, 15 JUL 2016
... identity fraud, while more than 30,000 each year are victims of poor financial advice and investment fraud. To compound the problem, as SMSF members are also trustees of their funds they are not regulated by the Australian Prudential Regulation Authority ...

China ready to dominate: Nikko AM

ALEX BURKE  |  WEDNESDAY, 13 JUL 2016
Reforms to preserve economic growth and the impending arrival of A-shares will make China a stable and attractive proposition for global investors, according to Nikko Asset Management senior portfolio manager Robert Mann. Speaking to Financial Standard ...

UniSuper reflects on investment highs and lows

DARREN SNYDER  |  FRIDAY, 8 JUL 2016
UniSuper has called out its active management investment strategies during a tumultuous financial year that included several highs and lows in the process of attempting to deliver substantial member returns. The $52 billion superannuation fund said ...

S&P outlook downgrade extends to banks

KERRIE SYDEE  |  FRIDAY, 8 JUL 2016
... revenue growth was seen as a channel of increasing our spending, rather than our saving. Accordingly, our current fiscal problem can be summed up in one phrase which is 'temporary boom, permanent spending' and the only constructive cure for government ...

AUSTRAC improves indigenous super access

DARREN SNYDER  |  THURSDAY, 7 JUL 2016
The Australian Institute of Superannuation Trustees supports new guidance from the Australian Transaction Reports and Analysis Centre (AUSTRAC) making it easier for Aboriginal and Torres Strait Islander peoples to access the superannuation system. AIST ...

Defined benefit deficit at $182bn

ALEX DUNNIN  |  WEDNESDAY, 6 JUL 2016
... funds. Even though DB super may only represent 11% of total superannuation FUM held in institutional super funds, the real problem is too few sponsors of government DB schemes have made sufficient provisions to cover these DB deficits. For example, while ...

AMP Capital urges voters to keep China fund open ahead of EGM

ALEX BURKE  |  FRIDAY, 1 JUL 2016
AMP Capital has released the explanatory memorandum for the July 28 extraordinary general meeting for the China Growth Fund (ASX:AGF), urging unitholders to vote to continue the fund with enhancements. The memorandum comes after LIM Advisors, the activist ...