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Showing 211 - 220 of 228 results for "Fairness"

Super escapes budget knives

ALEX DUNNIN  |  WEDNESDAY, 13 MAY 2009
... was a surprise, albeit a well leaked one, as the scheme has been widely lauded as a tremendous measure for restoring fairness to superannuation. Where the politics meets the fiscal bottom line is that the scheme had become too popular and too expensive. ...

Budget deficit squeezes pension promises

ALEX DUNNIN  |  FRIDAY, 24 APR 2009
... master trusts to beat the deadlines. "A pensioner is not out there earning $150,000 a year. There is a question about fairness in Australia to how you balance it out," Prime Minister Rudd told Fairfax Radio this morning. The Prime Minister's statements ...

Fin services escapes consumer law reform

ALEX DUNNIN  |  TUESDAY, 17 FEB 2009
... introduced in the UK through the Treat Customers Fairly (TCF) provisions where financial firms have to follow six main fairness principles, including how "products and services marketed and sold in the retail market [must be] designed to meet the needs ...

Govt revises temporary res super bill

MICHAEL HOBBS  |  MONDAY, 11 AUG 2008
... and also prohibited their savings earning interest. "We applaud the government for addressing our concerns and bringing fairness and equity to temporary residents," said Reynolds. The Financial Planning Association (FPA) also commended the government ...

We need a fairness test: ASIC

MICHAEL HOBBS  |  FRIDAY, 18 JUL 2008
The lack of a fairness test governing how financial institutions treat their customers has resulted in excessive compliance rules that don't always work, said Jeremy Cooper, deputy chairman of the Australian Securities and Investments Commission (ASIC). ...

FPA backs 'advice within super' review

MICHELLE BALTAZAR  |  THURSDAY, 10 JUL 2008
... and its importance to our national economy it is important that the government continue to monitor the efficiency and fairness of the system." He added, "There are certainly some structural inefficiencies that have become entrenched in the system, in ...

Govt moves in on legacy products

MICHAEL HOBBS  |  FRIDAY, 4 APR 2008
... "The operation of legacy products imposes costs and risks on both the industry and investors. However, transparency and fairness must be of paramount consideration in developing a mechanism to protect the interests of investors," said Sherry. In June ...

Super structure needs fixing

RUTH LIEW  |  MONDAY, 17 MAR 2008
... budget to increase superannuation contributions needs to be grounded in structural reforms to increase the "efficiency and fairness" of the superannuation system. Speaking at an Australian Institute of Superannuation Trustees (AIST) forum on super adequacy ...

Councils exposed

SUZY MAC  |  THURSDAY, 23 AUG 2007
... its Federation CDO product to councils, offering a higher yielding diversification from corporate and bank credit. In fairness to the councils' investment officers, like most complex CDOs, the Federation product was not entirely transparent - marketed ...

Economic round-up: Another day, another record

SUZY MAC  |  WEDNESDAY, 4 JUL 2007
... dollar strengthened almost 20 per cent against the greenback in the past year, from US72c to just under US862. But in fairness this run has been fuelled by a marked depreciation in the USD, which has slumped against most major currencies. Figures released ...