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Showing 291 - 300 of 677 results for "Shorte"

Super funds need low volatility shares for pension portfolios

MARK SMITH  |  MONDAY, 27 MAY 2013
Superannuation members in the post-retirement phase should have exposure to lower volatility, income paying stocks, according to Investors Mutual investment director Anton Tagliaferro. Traditional investment theory dictates that as investors grow older ...

ASIC to accept submissions for 'hedge fund' definition

LAURA MILLAN  |  THURSDAY, 23 MAY 2013
The Australian Securities and Investments Commission (ASIC) will consider submissions from the industry in order to refine the definition of 'hedge fund'. The announcement follows concerns over the current definition of 'hedge fund' and affects a number ...

Govt loses, then wins vote on super legislation

MARK SMITH  |  THURSDAY, 16 MAY 2013
The House of Representatives voted in favour of Opposition amendments designed to ensure at least a third of super fund trustees have to be independent before the government regrouped to rule out the amendment. According to a statement from Opposition ...

Enshrinement of "financial planner" closer to becoming law

MARK SMITH  |  THURSDAY, 16 MAY 2013
The terms "financial planner" and "financial adviser" took a step closer to being enshrined in law after a Parliamentary Joint Committee (PJC) was asked to provide a report on the issue. With the Coalition confirming they would not oppose the bill ...

SPAA gives support to Council of Super Custodians

JAMES FERNYHOUGH  |  MONDAY, 13 MAY 2013
The SMSF Professionals' Association of Australia (SPAA) has voiced support for the government's move to set up a Council of Super Custodians. Minister for Financial Services and Superannuation Bill Shorten announced the creation of a Charter Group last ...

Down, down, dollar down

BENJAMIN ONG  |  MONDAY, 13 MAY 2013
Down, down A$ is down. Here's looking at you, parity. Was it the Reserve Bank of Australia (RBA)'s 25 basis pint reduction in the official cash rate last week and RBA Governor Stevens' promise to do more "should that be necessary to support demand" ...

No need for more super bureaucracy: Cormann

LAURA MILLAN  |  FRIDAY, 10 MAY 2013
There was no need for more bureaucracy to protect Australian's superannuation savings, shadow minister for Financial Services Mathias Cormann has said in response to the government's announcement of a superannuation charter. Cormann was also critical ...

Exchange-traded government bonds to trade on ASX

ALICE URIBE  |  THURSDAY, 9 MAY 2013
Retail investors will have a wider investment universe to choose from with exchange-traded government bonds (AGBs) set to trade on the Australian Securities Exchange (ASX). In a statement yesterday, the ASX announced that exchange-traded AGBs will be ...

MySuper draft regs released for consultation

ALEX DUNNIN  |  WEDNESDAY, 1 MAY 2013
MySuper product providers will be required to disclose investment risk and the dollar value of fees and their investment performance under proposed regulations released by the government. The government's draft MySuper regulations released today, outline ...

APX given green light

MARK SMITH  |  TUESDAY, 30 APR 2013
The Government has approved variations to the Asia Pacific Exchange Limited (APX) market licence, integrity and operating rules and compensation arrangements, Minister for Financial Services and Superannuation, Bill Shorten and the Parliamentary Secretary ...