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Showing 1321 - 1330 of 2693 results for "Fair"

Perpetual Global Share Fund strengthens defence

MARK SMITH  |  WEDNESDAY, 12 OCT 2016
... rigorous investment process that has served Perpetual well time and time again in a bid to find high quality companies at fair valuations," Laurence continued. "I don't think volatility in equity markets has disappeared. There are a number of macro-economic ...

Life Insurance Code targets self-regulation

MARK SMITH  |  TUESDAY, 11 OCT 2016
An independent committee will have the ability to sanction insurers who do not comply with a new set of standards laid out in an industry-wide Life Insurance Code of Practice produced by the Financial Services Council (FSC). The new code, released today ...

AIST wants higher concessional cap for older workers

DARREN SNYDER  |  MONDAY, 10 OCT 2016
The Australian Institute of Superannuation Trustees is urging the federal government to retain the $35,000 concessional cap for older workers. As the AIST finalises its submission to the second tranche of superannuation reforms it argues the existing ...

Morgan Stanley chief executive steps down

JAMIE WILLIAMSON  |  FRIDAY, 7 OCT 2016
Steve Harker has stepped down as chief executive of Morgan Stanley Australia. Harker is one of the longest standing financial services chief executives, having been in the top job for 18 years after assuming the role in 1998. Succeeding Harker is Richard ...

Mercer appoints commercialisation director

ALEX BURKE  |  THURSDAY, 6 OCT 2016
... Knox described how when the Lifetime Plus product was debuted to ASIC, "they'd never seen anything like it." "I think it's fair to say account-based pensions are popular in Australia, so we fitted it into that structure but we don't know what the laws ...

ANZ blames tech and training for bank mishaps

JAMIE WILLIAMSON  |  THURSDAY, 6 OCT 2016
ANZ chief executive Shayne Elliott has conceded the bank has not always met the standards it sets for itself or that the community rightly expects. In addressing the House of Representatives' parliamentary committee yesterday, Elliott said: "Each time ...

Super members should face "better off test"

DARREN SNYDER  |  TUESDAY, 4 OCT 2016
... calling for banks to ban all sales incentives relating to superannuation. It also wants the Federal Government to restart Fair Work Commission processes to build a merit based safety net of default funds for Australians that rely on their employer's ...

Next wave of super legislation rolls in

DARREN SNYDER  |  WEDNESDAY, 28 SEP 2016
Attempting to keep superannuation reforms on the move, Treasurer Scott Morrison released more draft legislation yesterday. Among the second tranche of legislation are plans to implement the $1.6 million transfer balance cap, limiting the amount an individual ...

Westpac alters incentive structure

KERRIE SYDEE  |  FRIDAY, 23 SEP 2016
Westpac chief executive Brian Hartzer has announced changes to employee incentives, including the removal of all product related incentives. In a speech to the Australia Israel Chamber of Commerce in Melbourne, Hartzer revealed Westpac will be removing ...

Default super system splits industry

DARREN SNYDER  |  WEDNESDAY, 21 SEP 2016
... protection from product providers or employers with conflicted interests. "Default fund selection - overseen by the independent Fair Work Commission - has worked exceptionally well to protect the interests of an estimated two thirds of working Australians ...