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Showing 291 - 300 of 517 results for "ABA"

ISA FoFA report sparks industry outrage

LAURA MILLAN  |  MONDAY, 7 JUL 2014
... superannuation and investments and, just as importantly, the Amendments, do not allow it." The Australian Banker's Association (ABA) said that ISA has misrepresented the banking industry around the FoFA reforms. "ISA is clearly running an anti-bank campaign ...

FEATURE: In search of the missing asset class

MARK SMITH  |  FRIDAY, 4 JUL 2014
... thinly spread across fixed income assets. Figures sourced by Rice Warner and cited by the Australian Bankers Association (ABA) in one of its two submissions to the Financial System Inquiry (FSI) show that SMSFs have just 1% in Australian fixed interest ...

Westfield restructure gets green light, UniSuper to retain holding

AAP  |  FRIDAY, 20 JUN 2014
UniSuper has no plans to ditch its 8.5% holding Westfield Retail Trust (WRT), despite Westfield's controversial $70 billion restructure getting the green light. The shopping centre giant will go ahead with the restructure after it secured enough shareholder ...

MetLife head of retirement products departs

JAMES FERNYHOUGH  |  THURSDAY, 19 JUN 2014
MetLife's head of retirement products Ashvin Arora has left MetLife after the retirement product he designed, MetLife Max, was discontinued after just two months. MetLife confirmed that Arora had left, but gave no reason for his sudden departure. A ...

FoFA changes designed to protect big players: opposition

LAURA MILLAN  |  TUESDAY, 17 JUN 2014
Labor, the Greens and Industry Super Australia (ISA) strongly opposed amendments to the Future of Financial Advice (FoFA) legislation on the grounds that changes "seem designed to protect the profits of larger financial services companies." Both Labor ...

Banks support the "original" FoFA intent: ABA

LAURA MILLAN  |  MONDAY, 26 MAY 2014
The Australian Bankers' Association (ABA) said that the industry supports the original Future of Financial Advice (FoFA) legislation, which focused largely on consumer protection. The ABA came out shortly after Industry Super Australia (ISA) accused ...

Could government issue its own annuities?

JAMES FERNYHOUGH  |  TUESDAY, 15 APR 2014
The government could play an active role in the creation of a functioning annuities and longevity insurance market, according to the Centre of Excellence in Population Ageing Research (CEPAR) in its submission to the Financial System Inquiry. While ...

Forget shocks and stay the course: PM Capital

MARK SMITH  |  FRIDAY, 28 MAR 2014
Fund manager PM Capital has urged investors not to over-react to geo-political or environmental disruption and stay the course with their long-term investment strategy. Kevin Bertoli, portfolio manager of PM Capital's Emerging Asia Fund, said that concerns ...

I swear

BENJAMIN ONG  |  TUESDAY, 4 FEB 2014
From this day forth, we'll all be trying to get inside that lady's head. Janet Yellen has just been sworn in as the new chief of that mightiest central bank in the world - the US Federal Reserve - but given the backdrop to her swearing in, Janet must ...

Roast Turkey

BENJAMIN ONG  |  THURSDAY, 30 JAN 2014
Whoa! Bet you felt the same way when you saw what the Central Bank of the Republic of Turkey (CBRT) got up to yesterday - it proved it was no turkey. Go ahead punk, make my day! This was the threat the CBRT made to all 'em sellers, shorters and dumpers ...