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

Search Results

Showing 1151 - 1160 of 2383 results for "Rule"

Super fund governance bill enters final debate

DARREN SNYDER  |  MONDAY, 30 NOV 2015
... governance. Muir said a submission from CHOICE chief executive Alan Kirkland pointed out that removing the equal representation rule would also remove the definition of a "member representative" and "employer representative" which "seems like a very ...

FoFA end marks start of new advice era

LAURA MILLAN  |  MONDAY, 30 NOV 2015
The passing of the last amendments to the Future of Financial Advice (FoFA) legislation puts the controversial bill to bed and marks the start of a new age for financial advisers. Years of policy tinkering and regulatory uncertainty ended last week ...

Super funds should engage in pub theory

DARREN SNYDER  |  THURSDAY, 26 NOV 2015
An Australian superannuation fund hosting your next pub trivia night could soon be a reality if it is not already happening, according to experts in behavioural science. Speaking at the Association of Superannuation Funds of Australia (ASFA) conference ...

New super transparency rules spark controversy

LAURA MILLAN  |  WEDNESDAY, 25 NOV 2015
ASIC's updated fee and cost disclosure requirements for superannuation funds have sparked controversy among industry stakeholders. The regulator released Regulatory Guide 97 Disclosing fees and costs in PDSs and periodic statements, which includes a ...

O'Dwyer outlines government superannuation push

LAURA MILLAN  |  MONDAY, 16 NOV 2015
Assistant Treasurer Kelly O'Dwyer outlined the government's strategy to ensure that Australia's superannuation system "delivers for members." Speaking at an industry event hosted by the Financial Services Council (FSC) and BT, O'Dwyer said that the ...

Super non-compliance to cost $44 billion

ALEX BURKE  |  MONDAY, 16 NOV 2015
Employer non-compliance with superannuation entitlements could cost workers $44 billion in retirement savings over the next decade. This is the conclusion of Cbus research, which chief executive David Atkin argued highlighted "the need for Government ...

APRA debates whether "to model or not to model"

ALEX BURKE  |  FRIDAY, 13 NOV 2015
Internal risk models for financial institutions are still useful so long as industry isn't "seduced by the science," according to APRA chair Wayne Byres. Speaking at the Global Association of Risk Professionals (GARP) Global Risk Forum in Hong Kong ...

NAB and FPA back super in PPL

DARREN SNYDER  |  WEDNESDAY, 11 NOV 2015
The Senate inquiry in to economic security of women in retirement has been told the federal government's first priority should be including super guarantee contributions in the Paid Parental Leave (PPL) scheme. Both National Australia Bank (NAB) and ...

Exchange traded bond range increases

DARREN SNYDER  |  WEDNESDAY, 4 NOV 2015
... of investor portfolios. They are generally negatively correlated to equities and hybrids," Murphy said. "So, as a general rule, corporate bonds or XTBs do not decline in capital value when equity markets fall, whereas shares and hybrids generally do." ...

Pick a number

BENJAMIN ONG  |  TUESDAY, 3 NOV 2015
... already extensive coverage on cyberspace so I don't see any point in regurgitating them on here. Here, I bring back the 'Taylor Rule' - developed by economic professor John B. Taylor - to assess (guess?) the interest rate apropos to the prevailing Australian ...