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Showing 381 - 390 of 1176 results for "Department"

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 3 JUN 2016
... restaurants and takeaway food services (+1.0 percent). Clothing, footwear and personal accessory sales rose by 0.5%; sales in department stores and of household goods went up by 0.4% and 0.3%, respectively while other retailing rose by 0.2%. Food sales ...

US Senate votes down adviser fiduciary rule

ALEX DUNNIN  |  TUESDAY, 31 MAY 2016
The US Senate recently voted down the Department of Labor's administration rule for financial advisers that would have compelled them to act in their clients' best interests. The law was passed 65-41 meaning it fell well short of the two thirds majority ...

Financial services given hand to protect seniors

DARREN SNYDER  |  FRIDAY, 27 MAY 2016
Advocacy group Protecting Seniors Wealth has launched a new education program designed to address an increasing trend in financial abuse of the ageing demographic. The program titled "Lead with impact" consists of workshops, presentations, tailored ...

Competitive forces driving US pension fees down

MARK SMITH  |  WEDNESDAY, 18 MAY 2016
... using plans with high charges has also put the focus on lower-priced options. The Wall Street Journal said a new Labor Department rule that holds financial advisers to higher standards of behavior will likely lead many plans to cut costs. These factors ...

Public sector retirees still seek answers

DARREN SNYDER  |  TUESDAY, 17 MAY 2016
... be affected by the 10% cap, both singles and couples, have been proffered, both by government Ministers and by the Department of Social Services," the letter to Porter said. "The financial circumstances of many retirees that have been reported to ACPSRO ...

Oxford-Man Institute expands into machine learning

KERRIE SYDEE  |  THURSDAY, 12 MAY 2016
... Oxford-Man Institute (OMI) will expand its focus on machine learning and data analytics, becoming part of the University's department of engineering and science from 1 August 2016. The expansion will create a hub for machine learning and data analysis ...

ASIC levies up 150pct

KERRIE SYDEE  |  TUESDAY, 10 MAY 2016
The federal government has released a discussion paper outlining proposed financial institutions supervisory levies for the 2016-17 financial year, citing a 150% increase in the total levies funding required for ASIC. The proposed levies reveal that ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 6 MAY 2016
... (up 0.4%) and household goods (up 0.1%) were recorded in March. These were partly offset by a 0.5% fall in sales in department stores. Cafes, restaurants and takeaway food services sales were unchanged. Australia trade balance The latest update on Australia's ...

International pension fund creates stewardship group

DARREN SNYDER  |  THURSDAY, 24 MAR 2016
... collaboration between equity owners and businesses." GPIF recently appointed director of the public markets investment department, Hiroshi Komori, as head of the newly established Stewardship Enhancement Group. "As outlined in GPIF's 'Investment Principles' ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 24 MAR 2016
... market. China, the largest owner of US debt, trimmed its Treasury holdings by $8.2 billion in January, the Treasury Department reported. The actual decline was likely larger considering China reported selling $100 billion of foreign-exchange reserves ...