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Showing 3301 - 3310 of 8611 results for "DIF"

Best in show, but for how long?

JAMIE WILLIAMSON  |  FRIDAY, 11 JAN 2019
If the Productivity Commission's recommendation of a best-in-show list was introduced tomorrow, which super funds would make the cut? If performance were the key metric used to determine which MySuper products are shortlisted, latest Rainmaker analysis ...

BlackRock to drop 500 staff

JAMIE WILLIAMSON  |  FRIDAY, 11 JAN 2019
About 500 BlackRock staff will be laid off in the coming weeks, the investment house has confirmed. In an internal memo to staff, BlackRock president Rob Kapito said growing market uncertainty and evolving investor preferences are driving the firm's ...

Engagement should be easier: Productivity Commission

HARRISON WORLEY  |  THURSDAY, 10 JAN 2019
The Productivity Commission's final report into the efficiency and competitiveness of superannuation blasted the system for making engagement harder for fund members. The Commission's final report took aim at the superannuation system and government ...

Superannuation a mystery to students: survey

KANIKA SOOD  |  THURSDAY, 10 JAN 2019
A new survey has revealed a "startling knowledge gap" in super, with close to half of Australian students knowing little to nothing about superannuation. Student Super's survey also found that 42% percent of the polled students were unsure about ...

Government needs to rethink CIPRs

KANIKA SOOD  |  THURSDAY, 10 JAN 2019
The government should abandon the Retirement Income Covenant proposed last year, if it can't sufficiently remediate its flaws by the deadline, the Productivity Commission says in the final report. Treasury has already extended the deadline on Comprehensive ...

The problem the Productivity Commission is trying to fix

ALEX DUNNIN  |  THURSDAY, 10 JAN 2019
Australia's superannuation sector in trying to digest the Productivity Commission's 700-page report with its 31 recommendations need to keep in mind the massive structural problems it is trying to fix. The fundamental problem that has perplexed ...

Platform fee disclosures overlooked: ISA

KARREN VERGARA  |  THURSDAY, 10 JAN 2019
Industry Super Australia welcomed ASIC's proposed fee transparency disclosure changes but pointed out that several areas fell short and failed to address ongoing issues. In response to Consultation Paper 308, ISA said one of Darren McShane's ...

WestConnex among largest infrastructure deals in 2018

KARREN VERGARA  |  TUESDAY, 8 JAN 2019
The WestConnex Motorway ranked among the largest infrastructure projects by deal size globally in 2018, latest Preqin data shows. Backed by the Abu Dhabi Investment Authority and a consortium that includes AustralianSuper and Transurban, the $9.26 billion ...

ASIC to examine super fund and employer connections

HARRISON WORLEY  |  TUESDAY, 8 JAN 2019
ASIC confirmed it will look further into the links between superannuation funds and employers in 2019. ASIC said one of its 2019 priorities is to examine the relationship between superannuation funds and employers, who assume great responsibility in ...

Chief economist update: Fed fail

BENJAMIN ONG  |  THURSDAY, 20 DEC 2018
We might just be heading to witness once again the truth about the old adage on Wall Street that "a bull market doesn't die of old age, the Fed murders it." As expected, the US Federal Reserve raised the fed funds rate by 25 basis points to 2.25%-2.5% ...