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Showing 1221 - 1230 of 2216 results for "COO"

Study shows dark pools benefit markets at low volumes

MARK SMITH  |  WEDNESDAY, 14 AUG 2013
Low levels of trading in dark pools actually improve market quality, according to a new study by Capital Markets Cooperative Research Centre (CMCRC). The independent academic centre for capital market research's findings follow concerns from some traders ...

Market Wrap AM

AAP  |  WEDNESDAY, 7 AUG 2013
The Australian market looks set to open lower following falls on Wall Street overnight amid warnings of weaker company profits. At 0756 AEST on Wednesday, the September share price index futures contract was down 19 points at 5,041. In economic news ...

Pro bono advice on rise amid regulatory change

LAURA MILLAN  |  FRIDAY, 2 AUG 2013
Industry efforts to keep up with regulatory changes have not affected advisers' interest in providing pro bono services, and some are already asking for a coordinated approach from the whole industry. "There has been some interest recently to take a ...

Cormann commits to change in face of Labor moratorium

MARK SMITH  |  THURSDAY, 1 AUG 2013
Shadow minister for financial services and superannuation Matthias Cormann has echoed Treasurer Chris Bowen's calls for super certainty but refused to back a five-year moratorium on changes to the system. Bowen laid down a challenge to the Coalition ...

Labor pledges five-year freeze on super tax

MARK SMITH  |  THURSDAY, 1 AUG 2013
A re-elected Labor government would make no changes to superannuation for five years and aims to enshrine a policy in law that would make future changes possible only once every five years hence, Treasurer Chris Bowen said. The Treasurer unveiled a ...

Financial literacy in retirement a human rights issue: AHRC

JAMES FERNYHOUGH  |  WEDNESDAY, 31 JUL 2013
Financial literacy among retirees has become a human rights issue, with the release of a manual aimed at helping people prepare for retirement by the Australian Human Rights Commission (AHRC). The release coincided with a call from National Seniors ...

Labor promises five-year freeze on super tax

JAMES FERNYHOUGH  |  WEDNESDAY, 31 JUL 2013
Labor will make 'no major changes' to superannuation tax policy for the next five years should they be re-elected, Treasurer Chris Bowen has announced. Bowen said this promise, which will be enshrined in legislation should Labor win the imminent federal ...

Super funds urged to rethink 70/30 structure

JAMES FERNYHOUGH  |  TUESDAY, 30 JUL 2013
The standard 70/30 balanced superannuation fund is failing to deliver satisfactory investment outcomes to members in retirement, according to State Street Global Advisors (SSgA). While returns on this sort of fund were almost 15% for the last financial ...

FSC appoints new chairman

LAURA MILLAN  |  TUESDAY, 30 JUL 2013
The Financial Services Council (FSC) board has elected a new chairman who will take over the role on August 1. Schroders Australia chief executive Greg Cooper will replace Peter Maher, who is expected to retire as chairman of the FSC on July 31. "I ...

Retirees unlikely to recover GFC losses: Cooper

JAMES FERNYHOUGH  |  MONDAY, 29 JUL 2013
Strong growth in superannuation in recent years does not help retirees whose accounts took a beating in the global financial crisis, according to Challenger chairman of retirement income Jeremy Cooper. Cooper, who chaired the 2010 Super System Review ...