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Showing 1641 - 1650 of 1949 results for "Proposal"

ASFA supports same sex super bill

MICHAEL HOBBS  |  FRIDAY, 1 AUG 2008
The Association of Superannuation Funds (ASFA) is backing the government's proposal to change the law and allow same sex couples to access a partner's superannuation death benefit easier and more tax effectively. In its submission to the Senate Standing ...

Wage bill to drive pension growth: WW

MICHAEL HOBBS  |  THURSDAY, 31 JUL 2008
The UK government's proposal to increase the adult national minimum wage for 21 year olds could raise employer pension contributions by 50 per cent, according to Watson Wyatt. According to the current bill before parliament, employees over the age of ...

RMBS market on brink of collapse

ALEX DUNNIN  |  THURSDAY, 31 JUL 2008
... intervene in the corporate bond market to provide liquidity in the same way the RBA intervenes to support banks. The proposal is similar to how the home mortgage market is funded in Canada, but starkly different to the flawed Fannie Mae and Freddie Mac ...

Islamic funds zone in on Malaysia

RUTH LIEW  |  WEDNESDAY, 30 JUL 2008
Australian investors monitoring the boom of Islamic funds management should look across the seas to Malaysia, which recently approved three international financial firms to set up shop in the country. The Securities Commission (SC) has approved the ...

Industry backs ASIC 'super snapshot'

MICHAEL HOBBS  |  TUESDAY, 29 JUL 2008
... not on target for an 'adequate' retirement. The Association of Superannuation Funds of Australia (ASFA) backed ASIC's proposal. "Providing fund members with personalised projections based on their current contribution rate would, in effect, give them ...

APRA to review super fund stats

MICHELLE BALTAZAR  |  MONDAY, 28 JUL 2008
... information and that information needs to be accurate." Last week, superannuation minister Senator Nick Sherry submitted a proposal to the Industrial Relations Commissions suggesting employers should select their default fund from an 'approved list' ...

Aust must avoid Europe's ETS disaster

ALEX DUNNIN  |  THURSDAY, 24 JUL 2008
... ETS green paper is "positively breathtaking" in its attempt to match economic and political reality. For example, its proposal to cover 70 per cent of Australian emissions and all six major greenhouse gases (GHG) is streets ahead of the European ETS ...

CBA swoops on ABN AMRO

MICHAEL HOBBS  |  WEDNESDAY, 23 JUL 2008
... from negotiations with Royal Bank of Scotland. Commonwealth Bank declared it was talking with the European bank but the proposal was incomplete and required further negotiation. In an Australian Securities Exchange (ASX) statement, Commonwealth Bank ...

IFSA slams proposed default fund

ALEX DUNNIN AND RUTH LIEW  |  WEDNESDAY, 16 JUL 2008
IFSA has shot down a proposal by an APRA principal researcher for the government to set up a single-option indexed national default super fund to receive SG contributions. Richard Gilbert, chief executive of IFSA, is skeptical of research highlighting ...

Fundies use proxy voting

MICHELLE BALTAZAR  |  TUESDAY, 15 JUL 2008
US fund managers drive better governance in the companies they invest in by using proxy votes to block board decisions that are not in the shareholder's best interest, a study found. The Investment Company Institute (ICI) analysed more than 3.5 million ...