Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 3231 - 3240 of 4932 results for "MIS"

Govt moves to repeal super payslip disclosure rules

JAMES FERNYHOUGH  |  THURSDAY, 16 OCT 2014
The government is moving to repeal a law requiring employers to disclose on employee payslips the amount of superannuation contributed and the date at which the contribution will be made. This move, however, will not remove super contributions from ...

Active and passive funds are not mutually exclusive

MARK SMITH  |  WEDNESDAY, 15 OCT 2014
Investors who think in terms of either active or passive are missing out on the benefits that arise from blending the two approaches, according to BlackRock Australia's head of retail Mark Oliver. He argues that active funds are best considered for ...

Australia's pension system second best in the world

JAMES FERNYHOUGH  |  TUESDAY, 14 OCT 2014
Australia's pension system is the second best in the world, according to the Melbourne Mercer Global Pension Index. With a score of 79.9%, Australia outperformed the Netherlands, Switzerland, Finland and Sweden in the index, and was just behind Denmark ...

NAB takes a $1bn hit

AAP  |  THURSDAY, 9 OCT 2014
National Australia Bank has flagged a slide in its full year earnings of up to 14% after taking a more than $1 billion hit to its books. Today the bank unveiled a string of writedowns and provisions, chiefly linked to misconduct by its troubled UK business. ...

Active fund failure shown in new data

MARK SMITH  |  WEDNESDAY, 8 OCT 2014
The vast majority of Australian active managed funds have under-performed their respective benchmark across virtually all sectors of the market over one, three and five years, the latest data from S&P Dow Jones Indices shows. The worst offending sector ...

Australians miss out on billions in unpaid super

JAMES FERNYHOUGH  |  WEDNESDAY, 8 OCT 2014
Around 650,000 Australian workers are missing out on almost $2.5 billion annually because their employer does not make mandatory superannuation contribution, according to a new study by Tria Partners. The research, which was commissioned by Cbus, REST ...

FSC-ISA battle recommences over MySuper data

JAMES FERNYHOUGH  |  FRIDAY, 3 OCT 2014
The release of the first set of MySuper data has fuelled the ongoing stoush between the retail and industry superannuation sectors. The Financial Services Council (FSC) claimed that the figures, released yesterday by the Australian Prudential Regulation ...

Misleading PDS costs NAB $10,200

LAURA MILLAN  |  WEDNESDAY, 1 OCT 2014
Making potentially misleading statements in a product disclosure statement (PDS) has seen National Australia Bank (NAB) get a $10,200 penalty from the Australian Securities and Investments Commission (ASIC). The regulator was concerned that the PDS ...

ASIC bans person who made false Facebook investment claims

JAMES FERNYHOUGH  |  THURSDAY, 25 SEP 2014
A person from a Sydney-based investment business has been banned from providing financial services after he persuaded investors to invest money with him on the false grounds that he had access to an exclusive deal involving the Facebook initial public ...

ASIC bans former Synchron adviser

STAFF WRITER  |  TUESDAY, 23 SEP 2014
The Australian Securities and Investments Commission (ASIC) has banned a former Synchron financial adviser from providing financial services for five years for failing to provide Statements of Advice (SOAs). Michael Richard Irwin, a Rockhampton-based ...