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Showing 21 - 30 of 43 results for "BIC"

Seeing evil, hearing evil

BENJAMIN ONG  |  TUESDAY, 17 MAY 2011
Another day, another down trading day - on Wall Street and in Europe overnight and chances are, it would be a down day in Asia too - if they follow the blind leaders. You've got it to hand it to market players. They're on their way to proving two immortal ...

Fees on SG super should be cost-recovery: IPA

ALEX DUNNIN  |  WEDNESDAY, 17 NOV 2010
Fees on compulsory superannuation should be slashed to only be on the basis of cost-recovery, said the conservative think tank the Institute of Public Affairs. Sinclair Davidson, a senior fellow at the IPA and professor of institutional economics at ...

Factions will stay: AMP, AustralianSuper

RUTH LIEW  |  FRIDAY, 12 NOV 2010
Two of the country's largest super funds, AustralianSuper and AMP, said a fully cohesive superannuation industry will never be achieved, as retail and not-for-profit super funds cannot completely set aside their differences to tackle the toughest issues ...

End the factions: Shorten

RUTH LIEW  |  THURSDAY, 11 NOV 2010
Superannuation minister Bill Shorten compared the bickering among the super fund industry's factions to a Monty Python sketch and said it's time for them to deliver something back to the community in return for the government support they receive. Minister ...

Get on board super reforms: Shorten

MICHELLE BALTAZAR  |  MONDAY, 1 NOV 2010
Bill Shorten, the newly-appointed Minister for Superannuation and Financial Services, re-affirmed the government's plan to raise SG to 12 per cent and implement key reforms proposed in the Cooper Review. Speaking at an industry luncheon hosted by the ...

Competing to devalue

BENJAMIN ONG  |  THURSDAY, 23 SEP 2010
Let it rip boys! US equities closed weaker while we were sleeping apparently still reeling from the previous day's FOMC assessment that the US economy remains weak. Ok, let's give it that. But Bloomberg took it a bit farther. "The Fed said yesterday ...

SuperStream to deliver $20bn in savings

RUTH LIEW  |  THURSDAY, 12 AUG 2010
Super funds will be able to save up to $20 billion over the next decade with the implementation of SuperStream - but the Government and Opposition will have to work hand in hand to see the savings passed down to members, according to the FSC. The Financial ...

La de da de da

BENJAMIN ONG  |  TUESDAY, 2 MAR 2010
"The beat goes on...la de da de da." (Cher) The beat of mixed data that is, but Wall Street is seeing the silver lining in the dark clouds this time. First stop and the most important for the US economy - the consumer. Their personal income rose by ...

Darling buds of May

BENJAMIN ONG  |  MONDAY, 1 JUN 2009
The month of May was always going to be an iffy one. Much ink has been spilt on research proving that the adage, 'sell in May, then go away', has a ring of truth. Well...now here we are, May's gone and those that went away regret that they did not decide ...

BRIC to BIC

ALEX DUNNIN  |  THURSDAY, 9 APR 2009
Investors have gone cold on Russia, following concerns over its fragile economy and negative perceptions around governance and accountability. A survey of private equity firms conducted by the Emerging Markets Private Equity Association (EMPEA) has ...