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Showing 1401 - 1410 of 2156 results for "Extra"

AMP: FOFA needs a rigorous stocktake

CLAIRE MCGREAL  |  TUESDAY, 24 JAN 2012
... also worryingly predicted potential job losses in the financial planning industry up to 25,000 in the coming years, due to extra regulatory costs. Another concern raised by Meller was the proposed ban on overseas professional development, which he said ...

PJC hears FOFA lost in translation

MELANIE TIMBRELL  |  MONDAY, 23 JAN 2012
... distorting the portion of compliance costs to be carried by advisers. The AFA believes that compliance with opt-in will add an extra three hours of time per client for each adviser, each year. On an average basis of 300 clients per adviser, the cost ...

Wolf, wolf

BENJAMIN ONG  |  THURSDAY, 19 JAN 2012
Oh boy, oh boy, oh boy. Have you seen this morning's headline on theage.com.au? "'Ugliest' of times ahead." It's all about the World Bank's latest Global Economic Prospects report that, "signalled a downturn so severe it would eclipse the chaos that ...

FSU slams banking sector cost cutting plans

CLAIRE MCGREAL  |  TUESDAY, 17 JAN 2012
The Finance Sector Union, representing workers at Australia's big four banks, said job cuts in the banking industry cannot be justified. Reports today claim thousands of bank jobs could be on the line over the next two years as part of major cost cutting ...

Qantas Super taps MLC for insurance

CLAIRE MCGREAL  |  MONDAY, 16 JAN 2012
Qantas Super members can now avail themselves of extra voluntary insurance options through a new partnership between the fund and MLC. The options include voluntary Death and Total & Permanent Disability (TPD) cover of up to $750,000, as well as extra ...

In superannuation, bigger can be better but not always

RACHEL DAVIS  |  THURSDAY, 15 DEC 2011
... means bigger funds are more likely to achieve above average investment returns, which is what you would expect given the extra resources available to them," said Alex Dunnin, director of research at Rainmaker Information. "Smaller funds smartly run by ...

Aussies have more faith in super: Mercer

CLAIRE MCGREAL  |  WEDNESDAY, 14 DEC 2011
Australians are the happiest they've been with the super funds since December 2008, according to new research from Mercer. The Superannuation Sentiment Index shows a nine point rise in overall "sentiment score" between December 2010 and September 2011 ...

UniSuper responds to criticism

ALEX DUNNIN  |  WEDNESDAY, 14 DEC 2011
... committee that when the fund, in 2006, changed its trust deed so that employer sponsors were no longer required to contribute extra money should the fund be unable to meet its defined benefit payment obligations. One of the academics speculated this ...

Plan 5 and counting

BENJAMIN ONG  |  MONDAY, 12 DEC 2011
It was the summit touted as the one to end all summits. But nah! As Daryll Kerrigan in the "The Castle" would say, "tell him he's dreaming". Five Plans done, "n" to go. Last weekend's European Summit produced something - well, sort of - and the equity ...

Post-retirement risk in Australia: IMCA

CLAIRE MCGREAL  |  TUESDAY, 6 DEC 2011
The issue of post-retirement risk as a major challenge facing the financial services industry, was in the spotlight at the recent Investment Management Consultants Association conference in Sydney. Speakers at the Investment Management Consultants Association ...