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Showing 131 - 140 of 1389 results for Alex Dunnin

APRA releases draft RSE fraud management guide

ALEX DUNNIN  |  MONDAY, 27 OCT 2014
The Australian Prudential Regulation Authority (APRA) has just released for consultation a draft prudential practice guide concerning fraud risk management that Registrable Superannuation Entity (RSE) licensees will be expected to follow. In it the ...

Better corporate cash management lifts returns

ALEX DUNNIN  |  FRIDAY, 24 OCT 2014
Inefficient cash management is costing Australian corporates millions of dollars in extra unnecessary fees and governance risks, impacting their financial performance and in turn costing investors and super fund members foregone investment returns. ...

Singapore CPF tightens fee caps

ALEX DUNNIN  |  MONDAY, 20 OCT 2014
Singapore's Central Provident Fund (CFP) has imposed tighter caps on the fees product providers are permitted to charge members in the CPF Investment Scheme (CPFIS). The CPFIS is the section in the scheme where members with more than S$20,000 are allowed ...

Cyber risks for local wealth sector

ALEX DUNNIN  |  WEDNESDAY, 15 OCT 2014
Growth of cyber risks has prompted insurance brokers Marsh to appoint a specialist national manager focused on the growing risk product class. The broking group has just announced that Susan Elias will join them as National Manager - Cyber, in the company's ...

Tax cap reform bill released

ALEX DUNNIN  |  TUESDAY, 14 OCT 2014
The government has released for public comment its draft legislation regarding its budget measure to address what it says are inadvertent breaches of the contribution caps. In a statement accompanying release of the bills and explanatory memorandum ...

US private sector super coverage just 50pct

ALEX DUNNIN  |  MONDAY, 13 OCT 2014
Retirement savings plan coverage for US private sector workers is still stuck on about 50%, reveals updated analysis from the Investment Company Institute (ICI). In the study 'Who Gets Retirement Plans and Why, 2013' the ICI found that most workers ...

Scale drove CalPERS hedge fund move

ALEX DUNNIN  |  THURSDAY, 9 OCT 2014
Lack of hedge fund scale forced CalPERS to abandon the sector, not the inability of hedge funds to perform Last month the US$300 billion California public sector pension fund rattled global hedge fund managers when they announced they were cashing out ...

First hard MySuper APRA data released

ALEX DUNNIN  |  THURSDAY, 2 OCT 2014
Superannuation regulator APRA has just released its first set of hard MySuper statistics and they reveal the transition to MySuper is happening faster than expected and the role of life stage investing bigger than anticipated. There are 116 MySuper ...

US insurance agency fined US$200,000

ALEX DUNNIN  |  THURSDAY, 2 OCT 2014
Highlighting how soft are the fines imposed on financial institutions by Australian regulators, in the US the aptly named Consumer Financial Protection Bureau (CFPB) has just ordered an insurance agency to pay US$200,000 for orchestrating illegal referrals. ...

Global re-regulation takes shine off investment banks

ALEX DUNNIN  |  MONDAY, 29 SEP 2014
Financial sector stocks are often seen as a safe investment with almost no downside regardless what happens to the world economy, but global re-regulation of finance is causing investment strategists to question whether the tide is turning. The re-regulation ...