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Showing 1171 - 1180 of 2383 results for "Rule"

Multi-asset funds see huge lift in inflows

MARK SMITH  |  FRIDAY, 2 OCT 2015
... more advisors are recommending MA funds, despite previous concerns that asset allocation products were usurping their role. Rule changes following the Retail Distribution Review (RDR) in the United Kingdom have seen more advisers outsource asset allocation ...

Long-term investment under the spotlight

DARREN SNYDER  |  FRIDAY, 2 OCT 2015
... investment. "Long-term is a long way away, is very uncertain and it changes often. Someone such as Nestle is the exception, not the rule. If you can get them great [but] there's no visibility on what the long-term holds and things will change on you," ...

CBA's advice review compensates 19 clients

LAURA MILLAN  |  WEDNESDAY, 30 SEP 2015
The compensation program set up by Commonwealth Bank (CBA) to compensate victims of bad advice has reviewed over 8,800 cases and compensated only 19 clients. In total, the bank has offered $950,252 in compensation, but paid $488,815 as of 31 August ...

Kinetic Super appoints board director

LAURA MILLAN  |  WEDNESDAY, 30 SEP 2015
Kinetic Super has appointed a new independent director to its board to replace John Plummer, who is retiring following the completion of his second and final term. Jodie Leonard is a non-executive director and a management consultant, as well as a strategic ...

New laws define inactive super members

DARREN SNYDER  |  WEDNESDAY, 30 SEP 2015
... without the individuals' consent. The legislation forms part of a 2015-16 Budget measure that aims to remove an out-dated rule preventing the identification of certain lost inactive super members. Another important piece of the legislation will allow ...

SMSFs impacted by power of attorney rule changes

STAFF WRITER  |  THURSDAY, 24 SEP 2015
Changes to the rules governing power of attorney in Victoria, which came into force on 1 September, will impact the way SMSF advisers service their clients. The new Powers of Attorney Act 2014 consolidates the enduring power of attorney and enduring ...

Super tax reform on hold for election

DARREN SNYDER  |  WEDNESDAY, 23 SEP 2015
Serious tax reform in finance is likely to be progressed in the next term of federal government according to Shadow Treasurer Chris Bowen. Speaking to the AFR Tax Reform Summit, Bowen said the change in federal government leadership was close to the ...

NZ Super weighs equity market capacity

DARREN SNYDER  |  TUESDAY, 22 SEP 2015
... capacity of NZ equities managers," the white paper said. Alternatively it said manager capacity assessments can be done with a rule-of-thumb such as 1% of market size and that managers commonly use this method. "While easy to understand and implement ...

PROFILE: BlackRock head of corporate governance Pru Bennett

ALEX BURKE  |  TUESDAY, 22 SEP 2015
On a quiet afternoon in 2000, Pru Bennett was sitting with the three other partners of proxy advisory firm Corporate Governance International, wondering how they were going to jumpstart the business. "Gee," she remembers thinking, "We just need a few ...

UK adds SMSF after slashing Australian pension schemes

ALEX BURKE  |  TUESDAY, 8 SEP 2015
Her Majesty's Revenue and Customs (HMRC) has added an Australian pension scheme to its qualified recognised overseas pension scheme (QROPS) list after slashing the number of Aussie funds from 1,600 to one on July 1. From early September, the P Wyns ...