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Showing 2641 - 2650 of 9740 results for "Major"

NFP intra-fund advice is not a distribution channel

KARREN VERGARA  |  WEDNESDAY, 3 APR 2019
... funds are in a strong position to provide quality, low-cost advice to members. Bowtell flagged at the recent Conference of Major Super Funds that current intra-fund advice rules should be overhauled and industry associations are starting to take action. ...

Chief economist update: Rosy assumptions a Budget surplus make

BENJAMIN ONG  |  WEDNESDAY, 3 APR 2019
... consumption was forecast to have been growing by 2.75% this year. This is a big deal and reason why the RBA considers this a major risk for the domestic economy: "The main domestic uncertainty continues to be the strength of household consumption in ...

Protecting Your Super Package will cross finish line: Treasurer

KARREN VERGARA  |  TUESDAY, 2 APR 2019
Federal Treasurer Josh Frydenberg outlined in the Budget that part of the Protecting Your Super Package has been delayed but flagged it will pass into law before the end of 2019. A new law to enable superannuation fund members with a balance less than ...

Alternative platform launches

HARRISON WORLEY  |  TUESDAY, 2 APR 2019
... packaging and reporting benefits. "The price for convenience has been high, with fees up to 2% of their total portfolio, and major portability issues if they want to move off a platform." Hancock said the progression of technology now makes those benefits ...

MP slams prolonged grandfathered commissions carve out

KARREN VERGARA  |  TUESDAY, 2 APR 2019
... sympathy from the Government. Deputy chair of the House of Representatives Standing Committee on Economics Review of the Four Major Banks, Matt Thistlethwaite, said last week that he doesn't feel sorry for financial advisers who complain about the banning ...

Regulators name laggard life insurance providers

KARREN VERGARA  |  MONDAY, 1 APR 2019
While the majority of life insurance claims are paid in the first instance (92%), the wait and resolution times vary significantly across providers, a joint study by the regulators found. AMP (eight months) and Westpac (three months) take the longest ...

Trump will continue to buoy stock markets: Poll

KARREN VERGARA  |  MONDAY, 1 APR 2019
Robert Mueller's findings that US President Donald Trump did not collude with Russia during the 2016 election campaign is good news for the global share markets, Financial Standard's latest spot poll shows. The majority of readers (68%) agree that ...

Curtain call for JCP Investment Partners

KARREN VERGARA  |  WEDNESDAY, 27 MAR 2019
Boutique Australian equity fund manager JCP Investment Partners is closing its doors and will progressively wind down its funds. JCP said in a statement to Financial Standard it will return funds to clients and its workforce of 21 employees is "unable ...

Industry Super Holdings slammed for weapons investment

KARREN VERGARA  |  WEDNESDAY, 27 MAR 2019
... conducted by consumer watchdog and activist group SumOfUs reveals ISH, which is owned by industry superannuation funds, as a major investor in Electro Optic Systems (EOS), an ASX-listed firm operating in the military and space sectors. ISH, which is ...

Chief economist update: Japan should raise taxes another day

BENJAMIN ONG  |  WEDNESDAY, 27 MAR 2019
... geopolitical risks". The same macro-risks every other central across the globe is guarding against. But there's one major risk that is unique to Japan -- risk that Japanese authorities can mitigate or defer for times a-plenty. Fortunately, the BOJ's ...