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Showing 1361 - 1370 of 1801 results for "Regulation 2014"

Market Wrap - Morning

AAP  |  FRIDAY, 16 JUL 2010
The Australian share market has received a modest negative lead from offshore markets as Wall Street traders examined the details of an overhaul of the US financial system and Goldman Sachs' settlement of fraud charges. At 0735 AEST on the Sydney Futures ...

Legalsuper attracts record inflows

MICHAEL HOBBS  |  TUESDAY, 6 JUL 2010
Legalsuper attracted 52 per cent more non-employer contribution transfers from other super funds than in the previous financial year. Andrew Proebstl, chief executive at legalsuper, said the fund's total non-employer contributions had risen by 21 per ...

Cooper recommends info dashboard for members

MICHAEL HOBBS  |  MONDAY, 5 JUL 2010
Cooper has advocated super funds create a standardised plain English 'dashboard' for members that allow them to compare the risk of different investment options and find out the fees and costs of each option. Released this morning, the Super System ...

TFN should be member ID: Cooper

MICHAEL HOBBS  |  MONDAY, 5 JUL 2010
The Cooper Review has recommended tax file numbers (TFNs) become the primary super fund member identifier to improve member processing and make it easier for them to switch funds. The set of reforms called "SuperStream" is designed to improve back office ...

Cooper Review wants bigger role for APRA

ALEX DUNNIN  |  MONDAY, 5 JUL 2010
The Super System Review's recommendation to expand APRA's role among superannuation could be the key to unlocking many of the potential benefits arising from the Review. This direction in the recommendations is strategically crucial because it is not ...

APRA dictates investment option labels

MICHAEL HOBBS  |  WEDNESDAY, 30 JUN 2010
The prudential regulator has drawn a line in the sand on how super fund investment options are to be labelled and announced it will introduce risk-based criterion for how diversified investment options will in the future be categorised. The move kills ...

Bookmakers fund adopts liquidity strategy

RUTH LIEW  |  WEDNESDAY, 30 JUN 2010
The Bookmakers Superannuation Fund is removing switching restrictions to its conservative strategies, and dividing its balanced pension and accumulation options in a bid to reopen the fund which faced illiquidity problems during the GFC. The Bookmakers ...

No complaints for HK regulator

MICHAEL HOBBS  |  TUESDAY, 29 JUN 2010
Regulators worldwide have been criticised for failing to deal appropriately to the outcomes of the global financial crisis but the Hong Kong securities and futures regulator has received an overall thumbs up from market participants. The Neilson Company ...

Short form PDS gets green light

RUTH LIEW  |  FRIDAY, 25 JUN 2010
Super fund members can look forward to an eight-page product disclosure statement (PDS) rather than 80, as new laws announced this week kick in. The new regulations are an important step forward to a new era in disclosure for fund members, said super ...

IFSA rebrands to the Financial Services Council

MICHAEL HOBBS  |  FRIDAY, 25 JUN 2010
The Investment & Financial Services Association (IFSA) is changing its name to the Financial Services Council, signalling a move to broaden its reach and influence. The peak body represents retail and wholesale funds management institutions spanning ...