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Showing 1601 - 1610 of 1830 results for "APRA."

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 ...

ASFA's goals for 2009

RUTH LIEW  |  WEDNESDAY, 11 FEB 2009
The Henry Tax Review, APRA fund returns data and superannuation data exchange number among the top projects for ASFA this year. Speaking at an Association of Superannuation Funds of Australia (ASFA) lunch yesterday, Pauline Vamos, chief executive of ...

Gloves off ahead of APRA report

MICHELLE BALTAZAR, MICHAEL HOBBS  |  TUESDAY, 10 FEB 2009
Sean Henaghan, investment director at AMP Capital Investors, said investment decisions were made that resulted in one of AMP's super investment options ranking among the worst performing default options according to SelectingSuper, but he said the firm ...

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 ...

Capping fees is not the answer

MICHELLE BALTAZAR  |  FRIDAY, 30 JAN 2009
Senator Nick Sherry may be very vocal about the need to slash superannuation fees from an average 1.25 per cent to below one per cent but he said legislating a fees cap is out of the question. "I'm not an advocate of fee caps. I don't think that's appropriate ...

APRA fund level reporting proposals dangerous

ALEX DUNNIN  |  FRIDAY, 30 JAN 2009
The Investment and Financial Services Association has rejected the APRA proposals for how the regulator should disclose fund returns to consumers. In a discussion paper released yesterday, IFSA said, "APRA's plan to publish trust level ROA [return on ...

Aberdeen Financials fund rated 'three star'

MICHAEL HOBBS  |  MONDAY, 19 JAN 2009
Research and ratings firm, Standard & Poor's has given the Aberdeen Financials Fund a 'three star' rating. The fund is managed using a bottom-up investment approach and features a low five per cent annual portfolio turnover. Mark Daniels, Aberdeen head ...

Assist trustees, don't overregulate: AIST

MICHAEL HOBBS  |  WEDNESDAY, 10 DEC 2008
Super funds could benefit from greater guidance on reporting expectations and a consistent reporting format across all regulators, according to Andrew Barr, Australian Institute of Superannuation Trustees research and policy manager. Instead of gutting ...

APRA to review exec pay

ALEX DUNNIN  |  WEDNESDAY, 10 DEC 2008
Australian financial services firms saved by the government deposit guarantee are about to discover the political price they will be expected to pay with APRA announcing details of its executive remuneration monitoring program. The irony however is ...