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Showing 271 - 280 of 696 results for "Scope+"

Fund managers driven to alternatives: Report

ELIZA BAVIN  |  TUESDAY, 18 FEB 2020
Fund managers are being pushed into allocating more of their portfolios towards alternatives, as traditional investments continue to provide low returns, according to a new Morningstar report. The Multi Sector Wrap report examines 78 multisector funds ...

Chief economist update: Japan fails to learn from history (yet again)

BENJAMIN ONG  |  TUESDAY, 18 FEB 2020
"Those who do not remember the past are condemned to repeat it." - George Santayana... and repeat the past, Japan did. Preliminary estimates show that the economy contracted by 1.6% in the last quarter of 2019 following a 0.1% growth (if you could call ...

SG increase means lower wages: Grattan

HARRISON WORLEY  |  MONDAY, 3 FEB 2020
Grattan Institute has again weighed into the ongoing debate over the necessity of the legislated increase to the superannuation guarantee. In a new research paper, Grattan claims workers "overwhelmingly" pay for increases to the super guarantee through ...

Government opens BEAR extension consultation

HARRISON WORLEY  |  THURSDAY, 23 JAN 2020
More than a year after it was recommended by Commissioner Kenneth Hayne, the government has taken steps to extend the Banking Executive Accountability regime to include super funds and other APRA-regulated entities. Set to be known as the Financial ...

ISA slams ANU research as SG debate rears its head again

HARRISON WORLEY  |  MONDAY, 20 JAN 2020
The peak body for industry superannuation has forcefully rebuked new research from the Australian National University which questions raising the superannuation guarantee to 12% as scheduled. Industry Super Australia has launched a scathing attack on ...

SGE extension could hurt small entities: FSC

HARRISON WORLEY  |  THURSDAY, 16 JAN 2020
The Financial Services Council has expressed its concerns with draft legislation seeking to extend the definition of significant global entities to ensure multinational tax avoidance rules apply to all relevant entities. In its submission to the government's ...

RBA crushes hopes of Libra launch

ALLY SELBY  |  FRIDAY, 10 JAN 2020
The Reserve Bank of Australia will not allow tech giant Facebook to launch its cryptocurrency Libra in Australia until all risks and regulatory requirements have been mitigated. And even if these regulatory requirements were met there wouldn't be ...

ASIC claims to support robo-advice

ELIZABETH MCARTHUR  |  FRIDAY, 10 JAN 2020
In a submission to the Select Committee on Financial Technology and Regulatory Technology, ASIC has claimed it is "supportive" of robo-advice, though harbours concerns around its ability to meet the best interests duty. The regulator said it has met ...

Chief economist update: Brexit - the news that was

BENJAMIN ONG  |  FRIDAY, 10 JAN 2020
"MPs voted to give third reading to the Withdrawal Agreement Bill (WAB) by 330 to 231 - a majority of 99 - which allows the bill to sail through to the House of Lords where peers will begin line by line scrutiny next week." This the latest news from ...

Government ignored ASIC over LIC carve-out

HARRISON WORLEY  |  MONDAY, 6 JAN 2020
Documents released under Freedom of Information laws reveal the government ignored ASIC's advice to not create a carve-out for LICs and LITs in the Future of Financial Advice conflicted commission ban. According to documents published last week under ...