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Showing 271 - 280 of 522 results for "IRR"

Minimum $200k SMSF balance "completely incorrect"

LAURA MILLAN  |  MONDAY, 27 JUL 2015
A superannuation lawyer has slammed the recommendation by the Australian Securities and Investments Commission (ASIC) that self-managed super funds (SMSFs) should hold a minimum balance of $200,000. Townsends Law special counsel on superannuation Michael ...

Australia's "irrational exuberance" an economic risk: PIMCO

LAURA MILLAN  |  WEDNESDAY, 17 JUN 2015
Australian households are exhibiting "irrational exuberance" by getting into too much debt and placing little weight on unemployment or returns, which means that an external shock would be severe for the economy, PIMCO said. Household debt appears to ...

Groups call for default super fund decoupling

DARREN SNYDER  |  TUESDAY, 26 MAY 2015
Corporate super representative group CSSA is calling on the industry funds movement to apply its standards of financial planning in the superannuation sector. Recently the Royal Commission into Trade Union Governance and Corruption announced it was ...

Opposition welcomes SME package, slams Google tax

MARK SMITH  |  TUESDAY, 12 MAY 2015
Shadow Treasurer Chris Bowen has given his backing to small business tax cuts made in the budget but has branded the so-called crack-down on multi-nationals "a cop out". "We welcome the small business package," he told the ABC's Leigh Sales. "We support ...

Advance AM head of strategy steps down

ALEX BURKE  |  THURSDAY, 23 APR 2015
BT-owned Advance Asset Management's head of strategy and research Felix Stephen will leave the company on April 30. In addition to his 11 years at Advance, Stephen has broad experience across the banking and financial services sectors, having held roles ...

Stone and Chalk names chief executive

DARREN SNYDER  |  TUESDAY, 14 APR 2015
New Sydney-based fintech hub, Stone and Chalk, has promised early stage investors and organisations access to some of the city's best entrepreneurs on top of its recent chief executive announcement. Heading Stone and Chalk will be Australian-born Alex ...

ClearView calls for life insurance industry crackdown

ALEX BURKE  |  TUESDAY, 24 FEB 2015
ClearView Wealth Limited has petitioned Life Insurance and Advice Working Group (LIAWG) chairman John Trowbridge to fix numerous conflicts of interest within the industry. The key recommendations in ClearView's statement were indicating that narrow ...

Embrace client interests or wither on the vine, advisers told

MARK SMITH  |  WEDNESDAY, 18 FEB 2015
Financial advice professionals must embrace regulatory and legislative changes aimed at improving outcomes for consumers, irrespective of the impact these changes have on their businesses bottom lines. That's according to Quantum Financial Services ...

WTF moment on Wall Street

BENJAMIN ONG  |  WEDNESDAY, 18 FEB 2015
"Love and marriage, love and marriage Go together like a horse and carriage." Well, perhaps in 1955 when ol' blue eyes Frank Sinatra sang that, "this I tell you brother, you can't have one without the other"... but now no longer for most. The song played ...

UK pension funds required to warn consumers

STAFF WRITER  |  WEDNESDAY, 28 JAN 2015
The UK Financial Conduct Authority (FCA) has written to chief executive officers of pension providers to outline government plans to introduce additional protection for retirees wishing to access their defined contribution pension pot from April this ...