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Showing 12661 - 12670 of 21795 results for "Dec"

Telstra offers incentives to switch DB members to accumulation

MARK SMITH  |  THURSDAY, 17 JUL 2014
Telstra has asked for volunteers from its approximately 6,100 employees who are on defined benefit pensions to switch to Telstra Super's accumulation division. "Telstra Super is well positioned to provide the information, education and advice that is ...

UK annuities policy dubbed 'political schizophrenia'

JAMES FERNYHOUGH  |  THURSDAY, 17 JUL 2014
The chief executive of a British pension fund industry body has dubbed the UK government's decision to scrap compulsory annuitisation as 'political schizophrenia'. The comments came on the same day the Financial System Inquiry floated the possibility ...

ASIC concerned about SMSFs, warns spruikers

LAURA MILLAN  |  THURSDAY, 17 JUL 2014
The sharp rise in promoters recommending Australians to use their self-managed super fund (SMSF) to invest in property has led the Australian Securities and Investments Commission (ASIC) to remind property developers that they need a license to operate. ...

Labor, Greens will "keep fighting" after FoFA backflip

LAURA MILLAN  |  WEDNESDAY, 16 JUL 2014
The Labor Party and the Greens met this morning to consider next steps after the Palmer United Party (PUP) and Motor Enthusiasts Senator Ricky Muir made a last-minute move to support the Future of Financial Advice (FoFA) amendments in the Senate last ...

FSI questions viability of franking credits

JAMES FERNYHOUGH  |  WEDNESDAY, 16 JUL 2014
The viability of Australia's imputation (or 'franking') credits system has been singled out for review in the Financial System Inquiry's interim report. The report acknowledged that the franking credit system, which refunds corporation tax to low or ...

Green appointed CEO MetLife Korea

ALEX DUNNIN  |  WEDNESDAY, 16 JUL 2014
MetLife Australia interim chief executive officer Damien Green has been appointed chief executive of MetLife Korea. Green is currently head of employee benefits for MetLife in Asia. He stepped in as interim CEO of MetLife Australia earlier this year ...

Market Wrap AM

AAP  |  WEDNESDAY, 16 JUL 2014
The Australian market looks set to open higher despite Wall Street closing mostly lower after the Federal Reserve warned that some technology stocks appear to be overvalued. At 0815 AEST on Wednesday, the September share price index futures contract ...

Deal with government brings in consumer protection: Palmer

LAURA MILLAN  |  TUESDAY, 15 JUL 2014
The Coalition's deal with the Palmer United Party (PUP) to retain the amendments to the Future of Financial Advice (FoFA) legislation will provide a guarantee of consumer protection, MP Clive Palmer has said. Speaking to journalists in Canberra, Palmer ...

Confidence key to financial future: Murray

COLIN BRINSDEN, AAP ECONOMICS CORRESPONDENT  |  TUESDAY, 15 JUL 2014
The first review of the financial system since 1997 may result in lower superannuation fund fees and slow the erosion of retirement nest eggs. At a time when financial advisers and the Commonwealth Bank are under a cloud, the head of the financial system ...

CFMEU organiser posed as Cbus employee

JAMES FERNYHOUGH  |  TUESDAY, 15 JUL 2014
An organiser for the Construction, Forestry, Mining and Energy Union (CFMEU) has admitted to ringing up Cbus members posing as an employee of Cbus. Appearing at the Royal Commission into Trade Union Governance and Corruption this morning, CFMEU organiser ...