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Showing 151 - 160 of 368 results for "IFS"

Industry unites for super message

MICHAEL HOBBS  |  WEDNESDAY, 4 FEB 2009
With the public set to receive their super statements next month, nine financial services industry bodies made the unprecedented move to join forces and deliver a single message to investors and retirees. The Superannuation Stakeholder Group produced ...

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 ...

ING chief joins IFSA board

ING Australia's chief executive Harry Stout joins the IFSA board. Stout also takes up the position of chair of IFSA's Marketing and Distribution Board Committee. "Stout replaces former director, Rob Coombe who resigned from the IFSA Board on 1 December ...

ASIC extends short selling ban till March

MICHAEL HOBBS  |  THURSDAY, 22 JAN 2009
ASIC has extended the ban on covered short selling of financial stocks until 6 March, opposing the move of its UK counterpart FSA, which lifted its shorting ban last week. The regulator is concerned about lifting the ban after the Financial Services ...

IFSA backs govt tax proposal

MICHAEL HOBBS  |  MONDAY, 19 JAN 2009
The Investment and Financial Services Association (IFSA) has thrown its support behind a Treasury proposal to provide an optional capital gains tax roll-over concessions to merging super funds. Under existing rules, if a super fund in a prospective ...

IFSA calls for more frequent valuations of unlisted assets

MICHELLE BALTAZAR  |  FRIDAY, 12 DEC 2008
The Investments and Financial Services Association (IFSA) has released a new guidance note to members with 'best practice' recommendations on how to value unlisted assets in the wake of the global financial crisis. The guidance note specifies the principles ...

Move for APRA fund level data gathers pace

ALEX DUNNIN  |  THURSDAY, 20 NOV 2008
Momentum for the industry prudential regulator APRA to publish a complete list of super fund returns on its website is growing following their release of a discussion paper regarding how it might be done. The target date for the new publication is April ...

ING to develop retirement security products

MICHAEL HOBBS  |  TUESDAY, 11 NOV 2008
ING Australia chief executive, Harry Stout, is assessing overseas efforts to combat longevity risk while also battling against the erosion of retirement savings in bad markets to develop better retirement security products for super fund members. Speaking ...

Top guns tackle industry challenges

MICHELLE BALTAZAR  |  MONDAY, 3 NOV 2008
They don't have the answer for world peace but five young investment professionals were lauded this week for their papers that offer solutions to the challenges that have long confounded the investment industry. Renee Knapp, a senior claims consultant ...

Aussies rethink super

RUTH LIEW  |  FRIDAY, 31 OCT 2008
More than 20 per cent of working Australians have reduced their super contributions, changed their investment options or switched to a new super fund in the last three months, a new survey shows. Data from a Newspoll survey conducted on behalf of the ...