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Showing 181 - 190 of 347 results for "Echo"

SMSF collapses imminent in hunt for yield

ALICE URIBE  |  THURSDAY, 11 SEP 2014
A chase for yield, combined with investor empowerment and lack of education could be the perfect storm for a large scale self-managed superannuation fund (SMSF) collapse, according to Aberdeen Asset Management (Aberdeen). Speaking at a media briefing ...

Fund managers: Tide turning in emerging markets

MARK SMITH  |  TUESDAY, 19 AUG 2014
AllianceBernstein and Van Eck Global have joined a growing chorus of fund managers who say the worst is over in emerging markets and now is looking like a good entry point for long-term investors. According to Rainmaker data, the MSCI Emerging Markets ...

Law firm rubbishes Grattan fee report

MARK SMITH  |  MONDAY, 18 AUG 2014
Global law firm Herbert Smith Freehills has urged the Financial System Inquiry (FSI) to throw out a controversial report that claims the superannuation system is too expensive. In a submission to the FSI, Herbert Smith Freehills criticises the FSI committee's ...

Market Wrap AM

AAP  |  WEDNESDAY, 13 AUG 2014
... Institute's Survey of Consumer Sentiment is also due out. In equities news, Commonwealth Bank of Australia, CSL, Suncorp Group, Echo Entertainment, Goodman Fielder, Primary Health Care, Nick Scali, Carsales.com and Computershare are expected to post ...

Super tax in firing line

MARK SMITH  |  FRIDAY, 8 AUG 2014
... breakfast event in Cairns marking the closing day of the Financial Services Council (FSC)'s annual conference. Caton's comments echo those of Mercer senior partner David Knox, who spoke at one of the conference's concurrent sessions the day before. "One ...

Inquiry has Macquarie Private Wealth in its sights

MARK SMITH  |  FRIDAY, 27 JUN 2014
... Part of the reason CBA has behaved the way they have is that they have nothing to fear from this regulator." His comments echo those of ASIC whistleblower James Wheeldon who railed the regulator's "venality", "incompetence", "laziness" and "lack of intellectual ...

Platforms pushed by utility as well as technology

ALEX DUNNIN  |  WEDNESDAY, 21 MAY 2014
While rapid advances in technology is putting platforms under pressure to keep evolving, platform operators believe they need to not just add functionality but features that actually improve investor's connectivity and usefulness. Speaking at the "Riding ...

Treasurer signals major superannuation shake up

ALEX DUNNIN  |  TUESDAY, 20 MAY 2014
... We're thinking about how we're going to make retirement incomes policy sustainable," said Hockey. The Treasurer's comments echo similar concerns from Deputy Prime Minister Warren Truss that were reported last week in the Courier Mail : "Increasingly ...

International media question Australia's "austerity budget"

LAURA MILLAN  |  THURSDAY, 15 MAY 2014
International media reports on the 2014/15 federal budget reflect concerns that cuts will hit consumer confidence in an economy that is doing better than most of its counterparts. "Australia's first budget under Tony Abbott was either brave or foolhardy," ...

Delay in SG rise 'disappointing', says industry

JAMES FERNYHOUGH  |  WEDNESDAY, 14 MAY 2014
The government will delay the staggered increase of the superannuation guarantee (SG) to 12% for an extra year, it has revealed in the 2014/15 budget. On 1 July 2014, the SG will go up to 9.5% and will remain at that level until 2018, when it will rise ...