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Showing 1211 - 1220 of 4665 results for "DOL"

Associations not sold on PC draft report

EMMA RAPAPORT  |  THURSDAY, 30 MAR 2017
The Productivity Commission's draft report on alternative default models for the superannuation system has been met with mixed responses from the industry. The Commission recommended a number of changes to the current default fund system and took aim ...

Productivity Commission proposes default super overhaul

EMMA RAPAPORT  |  WEDNESDAY, 29 MAR 2017
The Productivity Commission has released its anticipated draft report on alternative default models in superannuation, looking at ways to introduce more competition in a system where members do not exercise fund choice. The commission has developed ...

Goldman Sachs launches junk bond ETF

EMMA RAPAPORT  |  TUESDAY, 28 MAR 2017
New-York based financial firm Goldman Sachs is planning to launch an ETF which will invest in high-yield corporate debt, according to documents filed with the US Securities and Exchange Commission. The ETF will track an index of dollar-denominated bonds ...

Obamacare one, Trump nil

BENJAMIN ONG  |  MONDAY, 27 MAR 2017
"I think this is something - it certainly was an interesting period of time. We all learned a lot. We learned a lot about loyalty. We learned a lot about the vote-getting process. We learned a lot about some very arcane rules in, obviously, both the ...

Record crowd rocks FICAP

DARREN SNYDER  |  FRIDAY, 24 MAR 2017
The Financial Industry Community Aid Program (FICAP) raised more than $200,000 at its 11th annual 'Who Wants to be a RockStar?' fundraiser last night. Heavy rains couldn't dampen the spirits of FICAP's record crowd of more than 900 who rocked out in ...

Fund managers reshuffle board for $413bn merger

ALEX BURKE  |  TUESDAY, 21 MAR 2017
The new board has been selected for the historic global funds management merger announced in October last year. Following the completion of the merger between Henderson Group and Janus Capital, the new board will consist of chair Richard Gillingwater ...

Standard Life marks Australian real estate as top performer

KARREN VERGARA  |  MONDAY, 20 MAR 2017
Global asset manager Standard Life Investments says Australia is forecast to be the top-performing commercial real estate market in Asia Pacific. Sydney and Melbourne office spaces are tipped to be the winners "given a resilient Australian economy ...

One small rise in rates, one giant step towards normalisation

BENJAMIN ONG  |  THURSDAY, 16 MAR 2017
Don't you just love it when things turn out as expected? Wall Street surely did. US equities jumped -- Dow up 0.5%, S&P up 0.84%, Nasdaq up 0.7%, Russell 2000 up 1.5% -- the VIX index dropped by 5.5% and instead of climbing, the US dollar index fell ...

Liftoff imminent at Spaceship

EMMA RAPAPORT  |  TUESDAY, 14 MAR 2017
The countdown is on at fledgling start-up and technology-focused superannuation product-provider Spaceship, as chief executive Paul Bennetts attempts to convert his waitlist of 22,000 into a $1 billion fund. Touring around multiple start-up hubs this ...

Doubting the benefit

BENJAMIN ONG  |  TUESDAY, 14 MAR 2017
Lost in the current expectations du jour - inevitable Fed rate hike on the 15th of March (and how many more thereafter) and US president Trump's reflationary policies (would they be passed in full, scaled down, or abandoned) are recent developments ...