Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 13381 - 13390 of 22174 results for "Tim"

Cbus insurance premiums jump to almost $15 a week

JAMES FERNYHOUGH  |  TUESDAY, 27 MAY 2014
Industry fund Cbus has almost doubled its life insurance premiums, becoming the latest super fund to do so in response to a spike in claims. Following renegotiations with group insurer Hannover Life Re of Australasia, Cbus members on the default option ...

Government delays SuperStream deadline

JAMES FERNYHOUGH  |  TUESDAY, 27 MAY 2014
The government has pushed back the deadline at which super funds must comply with SuperStream to 1 July 2015. The SuperStream regime is due to commence on 1 July 2014, at which time employers with more than 20 employees will be able to start making ...

Baby boomers account for four in five dollars under advice

MARK SMITH  |  TUESDAY, 27 MAY 2014
Over 55s now account for two-thirds of all financial planning clients, and four out of every five dollars under advice, the latest report from researcher Investment Trends shows. An aging population and generational wealth differences have made retirees ...

DomaCom eyes Gen Ys with property product

LAURA MILLAN  |  MONDAY, 26 MAY 2014
DomaCom is encouraging young investors to set up self-managed super funds (SMSF) and to invest in its property fund as part of a recent partnership. The provider has partnered with Self-Managed Super Institute, CST Corporate Solutions and Evolv Super ...

FSC apologises to AusSuper for misinformed tweet

JAMES FERNYHOUGH  |  MONDAY, 26 MAY 2014
The Financial Services Council (FSC) has issued an apology on Twitter after it wrongly stated that AustralianSuper collects $19 million a year for intra-fund advice. The tweet, which was issued on 22 May, stated: "$19 million collected by AustralianSuper ...

Equip slashes insurance premiums

MARK SMITH  |  MONDAY, 26 MAY 2014
Equip has announced cuts to premiums for its death and total and permanent disablement (TPD) cover and its salary continuance cover. Equip's chief executive officer Danielle Press said the reductions were the result of thorough examination of the fund's ...

Let's talk about VIX baby

BENJAMIN ONG  |  MONDAY, 26 MAY 2014
Yeah baby, let's! Seen the CBOE VIX index lately? Yes, that one - the one financial markets look at the gauge the level of investors' fear. It was pegged at 11.36 at the close of last week's activity - the lowest since the ides (15th) of March 2013. ...

Market Wrap AM

AAP  |  MONDAY, 26 MAY 2014
The Australian share market is expected to open slightly higher this week on the back of gains in global markets. AMP chief economist Shane Oliver is tipping a lift of five to 10 points at the local open. The S&P 500 finished the week above 1,900 for ...

Intra-fund advice is also a commission: FSC

LAURA MILLAN  |  FRIDAY, 23 MAY 2014
The Financial Services Council (FSC) said that asking for a ban of commissions on general advice is "hypocritical" when intra fund advice itself is "non-transparent." FSC policy and global markets director Andrew Bragg and senior policy manager Cecilia ...

Global healing?

BENJAMIN ONG  |  FRIDAY, 23 MAY 2014
Yes, no, maybe... I don't know. It's another happy day for the stock markets, hoisted up by the news du jour of positive indications from the latest PMI survey readings. Yes. The Markit Economics index of US manufacturing rose to a flash reading of ...