Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 191 - 200 of 368 results for "IFS"

Research and rating firms welcome Govt review

MICHAEL HOBBS  |  FRIDAY, 23 MAY 2008
Research houses have welcomed a review by the Australian Securities and Investment Commission (ASIC) and Treasury into the role they, along with credit rating agencies (CRAs), played in the recent financial market turmoil and subsequent corporate collapses. ...

Wayne the nation builder

ALEX DUNNIN  |  WEDNESDAY, 14 MAY 2008
Treasurer Wayne Swan has donned his hardhat and launched Australia on a massive $40 billion nation building program centred on three new investment funds designed to fix infrastructure, health and education while also kick starting Australia's regional ...

CommInsure halves insurance PDS

MICHAEL HOBBS  |  TUESDAY, 13 MAY 2008
CommInsure has reduced the product disclosure statement (PDS) of its Personal Insurance Portfolio product by half, slashing 28 pages off the document. The firm's Personal Insurance Portfolio PDS has been reduced from 56 to 28 pages and, in addition ...

Industry responds to APRA report

APRA's latest research on the governing practices of super funds revealed key differences between how retail fund trustees and industry fund trustees operate, but players from both sides of the fence argue their case. APRA's comprehensive report found ...

Cut PDS to less than 20 pages: study

MICHAEL HOBBS  |  FRIDAY, 9 MAY 2008
Research commissioned by the Investment and Financial Services Association (IFSA) has revealed that superannuation product disclosure statements (PDS) under 20 pages long are the most effective way to present information to investors. The research conducted ...

Life insurance tax should be abolished: IFSA

MICHAEL HOBBS  |  THURSDAY, 1 MAY 2008
Life insurers and industry body IFSA are backing a proposed state legislation to abolish stamp duty and other related taxes on life insurance products which, if passed, could reduce premiums by up to 12 per cent. Yesterday industry body IFSA, which ...

Bad genes won't hurt insurance

MICHAEL HOBBS  |  TUESDAY, 29 APR 2008
A proposed government ruling in the US will prevent insurers and employers from discriminating against people based on their genetic test results. According to the Washington Post, the US Senate has passed the Genetic Information Non-discrimination ...

Govt moves in on legacy products

MICHAEL HOBBS  |  FRIDAY, 4 APR 2008
Federal minister for superannuation and corporate law, Nick Sherry, has announced plans to develop a rationalisation mechanism to help customers move from an outdated investment product to a new one, at little or no cost. "The operation of legacy products ...

Women-friendly finance tips launched

MICHAEL HOBBS  |  FRIDAY, 4 APR 2008
A federal government survey found women are more interested in financial literacy than men, prompting the government to develop an education series tailored to their specific needs. The Financial Literacy - Women understanding money survey found 70 ...

Market Wrap - Morning

AAP  |  THURSDAY, 3 APR 2008
The Australian sharemarket is expected to open higher after commodities including gold, oil and copper advanced overnight. Gains may be limited after US stocks declined on comments by Federal Reserve chairman Ben Bernanke that a recession is possible. ...