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Showing 12021 - 12030 of 20558 results for "BEN"

In-house investment management risky

ALEX DUNNIN  |  FRIDAY, 30 NOV 2012
While developing an internal investment team sounds like an easy way to save fees, it's a complex governance switch that funds must understand and carefully plan. "When you bring investments in-house you turn manager 'agency risk' into a HR (human resource) ...

ASFA Board changes

BEN COLLINS  |  FRIDAY, 30 NOV 2012
HOSTPLUS boss David Elia attended his first Association of Superannuation Funds of Australia board meeting yesterday after being unveiled as the representative body's newest director. "We are extremely pleased to have someone of David's caliber join ...

Outcomes-based investing is the future for wealth creation sector: AMP

BEN COLLINS  |  FRIDAY, 30 NOV 2012
A rise in the number self managed super funds is proof that the investment industry has not delivered, a senior AMP Capital executive said. It is no longer good enough to be satisfied with not doing as bad as an index and the industry needs to focus ...

Market wrap AM

AAP  |  FRIDAY, 30 NOV 2012
The Australian market is expected to open higher after gains on Wall Street overnight. Stocks on major US indices enjoyed early gains before they were trimmed back by news that there had been no major progress by politicians toward a compromise on the ...

Diamond in the region

BENJAMIN ONG  |  FRIDAY, 30 NOV 2012
No flip flop today but with Europe silence (for now), Wall Street continued cliff-watching the latest development on the cliff-hanger that is the fiscal cliff. Investors even ignored the large upgrade in US third quarter GDP. Perhaps because it was ...

Fund budget surplus with cuts to super tax breaks: Treasury

MARK STORY  |  THURSDAY, 29 NOV 2012

Market Wrap

AAP  |  THURSDAY, 29 NOV 2012
The Australian market is slightly higher after US politicians indicated they were willing to work together to ensure the economy didn't fall off the "fiscal cliff". At 1019 AEDT, the benchmark S&P/ASX200 index was up 0.8 points, or 0.02 per cent, at ...

Draft regulation released for Accountant Exemption

BEN COLLINS  |  THURSDAY, 29 NOV 2012
Draft regulations were released yesterday by the Minister for Financial Services and Superannuation that could see accountants provide more financial advice if it passes into law. Minister Bill Shorten released the draft regulation which he said will ...

Industry funds to concentrate on direct distribution

BEN COLLINS  |  THURSDAY, 29 NOV 2012
After enjoying a stranglehold on Awards, one of the biggest challenges facing Industry super funds now will be direct distribution, said Sunsuper boss Tony Lally. "We [industry funds] relied on Award distribution, and now, for us it is about preserving ...

FPA praises 'truth in labelling' legislation

MARK STORY  |  THURSDAY, 29 NOV 2012
Draft legislation released yesterday states that only those fully licensed and authorised to provide personal financial advice are actually entitled to call themselves a financial planner/adviser. Currently, under the Corporations Act 2001, there is ...