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Showing 21 - 28 of 28 results for "Department of Labor"

Market Wrap AM

AAP  |  MONDAY, 7 JUL 2014
... Composite Index, which tacked on 88.00 (2.00 per cent) to 4,485.93. The highlight of the week was Thursday's Department of Labor employment report, which showed the US economy added a healthy 288,000 jobs in June, while the unemployment rate fell to ...

US fight over adviser fiduciary rules nears end

ALEX DUNNIN  |  THURSDAY, 17 APR 2014
... they believe the fiduciary standards being pushed by the government department in charge of the issue, the Department of Labor, "is an overbroad expansion of the fiduciary standard that will undermine efforts by employers and service providers to educate ...

Market wrap AM

AAP  |  MONDAY, 7 APR 2014
... data. At 0645 AEDT on Monday, the June share price index futures contract was down 41 points at 5,381. The US Department of Labor reported the US economy added 192,000 jobs in March, essentially meeting expectations and suggesting a continuation of the ...

Republicans vote that advisers have no best interest duty

ALEX DUNNIN  |  FRIDAY, 1 NOV 2013
... Bloomberg reports. The bill is a reaction by Republicans to what they believe is regulatory overreach by the Department of Labor (DOL) that is expanding the role and scope of fiduciary duties that apply to official stakeholders involved in pension funds ...

US adviser fiduciary rule stalls

ALEX DUNNIN  |  THURSDAY, 22 SEP 2011
Concerns that the US Department of Labor's new definition of fiduciary duty for financial advisers is too demanding has prompted the retirement savings regulator to re-initiate industry discussions, a process that some believe may take up to two years. ...

QIC taps lifecycle strategies

COMPANY RELEASE  |  TUESDAY, 23 FEB 2010
... retirement income. He was the only academic invited to present at the US Securities and Exchange Commission and the Department of Labor Joint Hearing on target date funds in June 2009. Joining Drew at QIC to work on this initiative will be Evan Reedman ...

Bull market on Wall Street

BENJAMIN ONG  |  FRIDAY, 15 MAY 2009
... Street ignored last night's report of a worse-than-expected initial jobless claims tally. According to the US Department of Labor, initial claims for unemployment insurance rose to 637,000 in the week ending 9 May. More than the 610,000 expected and ...

More Weak Indicators

BENJAMIN ONG  |  FRIDAY, 25 JUL 2008
... Negative indicators on the US economy just keep on coming and business confidence in Europe is falling. The US Department of Labor reported that initial claims for unemployment benefits spiked to 406k in the week ending July 19 -- the highest level since ...
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