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| | | Direct insurance provider InsuranceLine Australia has launched a new income protection plus product, which it claims will bring simplicity, flexibility and affordability to the Australian market. The new product, Income Protection Plus, offers applicants ... |
| | | | The government has released a draft legislation to establish a trans-Tasman retirement savings portability scheme, expected to assist the thousands of Australians and New Zealanders who move across the Tasman every year. The new proposed scheme, which ... |
| | | | ASIC's new guidance on hedge funds will force managers to greater disclosure on where money is invested, how assets are valued, the fund's structure and the risks involved to better protect investors following recent high-profile cases of fraud. Addressing ... |
| | | | The politics around around superannuation tax expenditures looks set to heat up with Superannuation Minister Bill Shorten last week saying he will defend low income tax benefits and The Australia Institute saying the top end of town should be targeted ... |
| | | | Amid speculation that some parts of the super tax system may be called on to fund recent health and education projects, Minister for Financial Services Bill Shorten has declared the rebate for low-income earners safe. The Labor scheme, announced in ... |
| | | | Proposed new changes from Treasury would see the prudential regulator awarded pre-emptive powers to remove trustees, directors or officers of a superannuation fund where a breach of law was anticipated. The move was part of a broad-reaching consultation ... |
| | | | A Council of Small Businesses of Australia (COSBOA) proposal to better promote the Government's small business super clearing house has received support from the fourth meeting of the Government's industry superannuation roundtable. Around 32,000 businesses ... |
| | | | "We have just taken a very important decision, it is a fully effective backstop for removing the tail risk of Europe." With these words, European Central Bank President Mario Draghi put a stop to months of speculation, hearsays and guesswork. Mario ... |
| | | | Pa-lease stop with these nudge, nudge, wink, wink already -- and ease up on the promises and pledges while you're at it. No, I speak not to you Virginia, but it is to Ben and Mario I direct my displeasure. I've been watching the markets for decades ... |
| | | | After a year of delays, industry super funds Asset Super and CareSuper said Friday they would merge on October 26 this year. The boards of the two funds agreed to in-principle support for the merger in September last year subject to due diligence, although ... |
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