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Showing 1441 - 1450 of 1802 results for "Regulation 2014"

No fast bucks: Costello

RUTH LIEW  |  TUESDAY, 24 MAR 2009
Superannuation funds hold the critical mandate of looking past short term losses, rebuilding Australia's economic infrastructure and righting the ethical wrongs resulting in the global financial crisis, said Tim Costello, chief executive of World Vision ...

Westscheme raises admin fees

RUTH LIEW  |  MONDAY, 23 MAR 2009
Westscheme is increasing its weekly administration fees by up to 20 per cent - following the footsteps of other industry funds hiking their fees in a bid to meet rising operational costs. The $2.4 billion Westscheme noted in a recent newsletter to members ...

US pensions fight for trust

RUTH LIEW  |  MONDAY, 16 MAR 2009
Ten US pension funds which invest $1.4 trillion in global markets have combined their muscle to create a set of five financial regulation principles aimed at restoring investor trust. The ten funds, which include heavyweights California Public Employees' ...

SMSFs get "kick up the pants"

MICHAEL HOBBS  |  MONDAY, 16 MAR 2009
The self managed super fund (SMSF) industry needs to act fast to allay government concerns on governance and education or face more crippling regulation, according to industry experts. Speaking at a roundtable following minister for superannuation and ...

Super assets lose $25bn

RUTH LIEW  |  WEDNESDAY, 11 MAR 2009
Superannuation assets suffered a $25.1 billion loss for the financial year to 30 June 2008 - but smaller funds have bucked the trend to increase assets by 6.7 per cent to $361 billion, according to data released by APRA. The Australian Prudential Regulation  ...

APRA outlines priorities

MICHAEL HOBBS  |  FRIDAY, 27 FEB 2009
The Australian Prudential Regulation Authority's (APRA) is focused on authorised deposit taking institutions (ADIs) liquidity risk, prudent capital management and executive remuneration this year. Speaking at the Australian British Chamber of Commerce ...

Don't punish fin services for GFC: Pearce

ALEX DUNNIN  |  WEDNESDAY, 18 FEB 2009
The Federal Opposition said imposing a new round of regulation on the financial services sector as a reaction to the GFC could be counter-productive. Chris Pearce, Shadow minister for financial services, superannuation and corporate law, yesterday told ...

Fin services escapes consumer law reform

ALEX DUNNIN  |  TUESDAY, 17 FEB 2009
While the government is expected to today announce major reforms to national consumer laws, the financial services sector will continue to be exempt from progressive consumer protections. Assistant Treasurer and Minister for Competition Policy and Consumer ...

Top and bottom super performance differ by 36pc

MICHELLE BALTAZAR, MICHAEL HOBBS  |  TUESDAY, 10 FEB 2009
The global financial crisis has widened the performance gap between the best and worst performing default workplace super funds to 36 per cent, treble their historic difference, according to SelectingSuper data. The latest SelectingSuper super fund ...

Options for retiring SMSF trustees

RUTH LIEW  |  FRIDAY, 6 FEB 2009
A growing number of self managed super funds (SMSFs) could soon convert into Small APRA Funds (SAFs) in tandem with longevity issues facing SMSF trustees. Michael Hutton, head of wealth management at accountants and advisers HLB Mann Judd Sydney, says ...