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Showing 1491 - 1500 of 2383 results for "Rule"

Govt loses, then wins vote on super legislation

MARK SMITH  |  THURSDAY, 16 MAY 2013
... amendments designed to ensure at least a third of super fund trustees have to be independent before the government regrouped to rule out the amendment. According to a statement from Opposition superannuation spokeperson, Senator Mathias Cormann, the ...

Enshrinement of "financial planner" closer to becoming law

MARK SMITH  |  THURSDAY, 16 MAY 2013
The terms "financial planner" and "financial adviser" took a step closer to being enshrined in law after a Parliamentary Joint Committee (PJC) was asked to provide a report on the issue. With the Coalition confirming they would not oppose the bill ...

Infrastructure offers income low correlation to other assets

MARK SMITH  |  FRIDAY, 10 MAY 2013
Investments in infrastructure assets give diversification benefits to income portfolios with less volatility and lower correlation to the equity market, according to Omega Global Investors managing director George Vassos. Vassos explained that a institutional ...

Investors need income rethink after RBA rate cut

MARK SMITH  |  WEDNESDAY, 8 MAY 2013
The Reserve Bank of Australia (RBA)'s decision to cut rates may mean that income investors should adopt a changed approach, according to BlackRock head of fixed income Steve Miller. The RBA cut the base rate by 25 basis points to a record low of 2.75% ...

Aussie instos hungry for EM debt assets

MARK SMITH  |  MONDAY, 6 MAY 2013
Australian institutional demand for Asian and emerging market debt strategies will intensify in 2013, according to HSBC Global Asset Management chief executive for Asia Pacific Joanna Munro. The investment manager is meeting with Australian clients ...

Basel III to see banks focus on longer-term depositors

MARK SMITH  |  THURSDAY, 2 MAY 2013
The requirement to match assets and liabilities under new regulatory proposals will see Australian banks move to a model where customers owning more products, according to ING DIRECT's executive director distribution Lisa Claes. Although the final details ...

Plans to close large UK defined benefit angers members

MARK SMITH  |  THURSDAY, 2 MAY 2013
... pending a further 60 days of consultation." Unite, Britain's biggest union and the representative for Axa staff, is yet to rule out industrial action and said it had put forward a range of alternatives to the pension provider, including changes to members' ...

MySuper draft regs released for consultation

ALEX DUNNIN  |  WEDNESDAY, 1 MAY 2013
MySuper product providers will be required to disclose investment risk and the dollar value of fees and their investment performance under proposed regulations released by the government. The government's draft MySuper regulations released today, outline ...

APX given green light

MARK SMITH  |  TUESDAY, 30 APR 2013
The Government has approved variations to the Asia Pacific Exchange Limited (APX) market licence, integrity and operating rules and compensation arrangements, Minister for Financial Services and Superannuation, Bill Shorten and the Parliamentary Secretary ...

Market Wrap

AAP  |  TUESDAY, 30 APR 2013
... aggregates for March data. In equities news, ANZ Bank is expected to post half-year results, the NSW Supreme Court is expected to rule in Nathan Tinkler matter. Tinkler's Mulsanne Resources has been taken to court after failing to pay for a $28.4 million ...