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Showing 281 - 290 of 2634 results for "Friday"

APRA puts super funds on notice

EMMA RAPAPORT  |  MONDAY, 14 AUG 2017
... governance practices of regulated superannuation trustees. The proposals were outlined in a letter sent to RSE licensees on Friday, and will see fund expenditure, setting of fees and costs, and the use of reserves come under more scrutiny. Policies and ...

Major advice firm endorses first home super saver scheme

DARREN SNYDER  |  WEDNESDAY, 9 AUG 2017
... and said it will put retirement savings at risk and possibly drive up housing demand. Submissions to Treasury closed on Friday (4 August) and ISA argued that in guaranteeing returns through the use of the shortfall interest charge, the FHSSS would eat ...

CBA blames reporting failure on software error

EMMA RAPAPORT  |  MONDAY, 7 AUG 2017
... through a program designed not only to address existing weaknesses, but also to meet the growing complexity in this area." On Friday, AUSTRAC initiated Federal Court proceedings against the bank, alleging that CBA contravened the Anti-Money Laundering ...

No age limit on great advice

JAMIE WILLIAMSON  |  THURSDAY, 27 JUL 2017
... are coming through and it can only get better." Nominations for the 2017 ANZ/AFA Rising Star of the Year Award close on Friday 28 July with the winner announced at the AFA National Adviser Conference in October on the Gold Coast.

Government gives super system further makeover

DARREN SNYDER  |  TUESDAY, 25 JUL 2017
... transparency, and increasing choice for members," O'Dwyer said. Public consultation over the draft legislation will close on Friday, 11 August 2017. Other important proposals include: Requiring funds to report and publish annually more transparent information ...

Is the Fed the victim of its own success?

BENJAMIN ONG  |  MONDAY, 17 JUL 2017
... Inflation-Protected Securities (TIPS) of the same maturity. The yield differential has fallen to 1.75% at the close of last Friday's trading - down from this year's high of 2.07% posted in January. This could also be due to higher real US interest rates. ...

MetLife restructures US and UK operations

JAMIE WILLIAMSON  |  TUESDAY, 11 JUL 2017
... to our customers and financial advisers," Grinstead said. Illustrations for new business ceased at close of business on Friday 7 July while applications will continue to be accepted until 5pm Friday 28 July. The existing 50,000 clients and their advisers ...

Government closes super loophole

EMMA RAPAPORT  |  MONDAY, 10 JUL 2017
... incumbent on the Government to address these issues and provide clarity and transparency on this issue." In a release issued on Friday, Federal Minister for Revenue and Financial Services Kelly O'Dwyer dismissed Labor's fears noting that only 390 out ...

Fiduciary rule introduced in United States

JAMIE WILLIAMSON  |  TUESDAY, 13 JUN 2017
... to act in the best interests of clients in a bid to prevent the US$17 billion lost by retirement savers each year. Last Friday, the US Department of Labor partially introduced the impartial conduct standard - a fiduciary rule to curb conflicts of interest ...

Praemium chief executive takes back company

ALEX BURKE  |  MONDAY, 15 MAY 2017
The chief executive terminated from Praemium in February has returned to his position following Friday's board spill. Michael Ohanessian was re-appointed as Praemium chief executive, replacing interim chief and former Bankwest managing director Robert ...