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Showing 13101 - 13110 of 21799 results for "Dec"

FoFA reforms put professional standards at risk: Ripoll

LAURA MILLAN  |  THURSDAY, 30 JAN 2014
The federal opposition has concerns that the proposed changes to the Future of Financial Advice (FoFA) regime as outlined by the government yesterday may result in reduced consumer protection and a decline in professional standards. Speaking to Financial ...

Prime Super and HIP to merge

JAMES FERNYHOUGH  |  THURSDAY, 30 JAN 2014
Industry superannuation funds Prime Super and Health Industry Plan (HIP) will merge later this year to create a fund with almost $2.4 billion in funds under management and 150,000 members. Under the new arrangement, Prime Super chief executive Lachlan ...

Market Wrap

AAP  |  THURSDAY, 30 JAN 2014
Australian stocks are lower after the US Federal Reserve's decision to further taper its stimulus program added to investor concerns about the decline in emerging markets. Investors have been pulling out of emerging markets in recent weeks as the US ...

Asset owners must embrace change

MARK SMITH  |  THURSDAY, 30 JAN 2014
Super funds, sovereign wealth funds and other institutional investors must take an adaptable approach to governance if they are to keep up with the pace of change in the investment industry, according to Towers Watson global head of Investment Content ...

Roast Turkey

BENJAMIN ONG  |  THURSDAY, 30 JAN 2014
Whoa! Bet you felt the same way when you saw what the Central Bank of the Republic of Turkey (CBRT) got up to yesterday - it proved it was no turkey. Go ahead punk, make my day! This was the threat the CBRT made to all 'em sellers, shorters and dumpers ...

Federation platform adds Pengana Aussie Equities Fund

LAURA MILLAN  |  THURSDAY, 30 JAN 2014
Federation Managed Accounts Platform has added the Pengana Australian Equities Fund to its offering, available for advisers and their clients. The fund has a focus on capital preservation and downside protection and has generated a return of 13.2% per ...

Europe a 'running sore' on global economy: Probyn

JAMES FERNYHOUGH  |  WEDNESDAY, 29 JAN 2014
Europe may see 1% growth in 2014, but over the long-term its problems are far from over, according to State Street Global Advisors' chief economist Christopher Probyn. Speaking at today's Financial Standard Chief Economists Forum in Sydney, Probyn said ...

Government releases FoFA draft legislation

ALICE URIBE  |  WEDNESDAY, 29 JAN 2014
As part of its move the wind back the former government's Future of Financial Advice (FoFA) reforms, Assistant Treasurer Arthur Sinodinos has released a set of draft regulations and legislation for consultation. The draft legislative amendments and ...

Retail investors turn to media for financial advice: GSAM survey

HARRY PAGE  |  WEDNESDAY, 29 JAN 2014
Only 10% of retail investors largely base their investment decisions on advice given to them by financial planners, a Goldman Sachs Asset Management (GSAM) survey has revealed. The most recent Australian Retail Investor Survey, which surveyed over 600 ...

Another 10 bil to go

BENJAMIN ONG  |  WEDNESDAY, 29 JAN 2014
"Save me save me save me A I can't face this life alone..." -Queen With the rout in emerging markets continuing, all eyes, ears and noses will be on the US Federal Reserve's FOMC meeting - Chairman Ben Bernanke's last - tonight. Here we go again folks ...