Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 4491 - 4500 of 6137 results for "Australians"

RBA questions super fund infra investment

ALICE URIBE  |  THURSDAY, 3 APR 2014
... liquidity of their liabilities and their investment profiles, and whether the fees and cost structure of managing Australians' retirement savings are reasonable," it said. "It cannot be forgotten that the objective of the superannuation system is to ...

Less than 15% meet ASFA standard of retirement savings

LAURA MILLAN  |  MONDAY, 31 MAR 2014
Less than 15% of Australians aged 40 to 64 meet the standard set by Association of Superannuation Funds of Australia (ASFA) for retirement savings, according to a survey by Towers Watson and the University of Melbourne. The research has determined that ...

Industry heralds government capital recycling plan

MARK SMITH  |  MONDAY, 31 MAR 2014
An agreement between the federal and state governments to incentivise asset sales which have the potential to boost the economy has been welcomed by the superannuation industry. The federal government wants to encourage states to sell businesses and ...

MLC GM to chair community foundation, focuses on mental health

STAFF WRITER  |  MONDAY, 31 MAR 2014
... communities by investing in key areas of need and employee interest and, in particular, improving the mental health of Australians. Bourguignon, who is general manager of MLC Group Insurance and managing director of Plum, joined MLC in 1999. During this ...

FEATURE: Facing the perfect storm

LAURA MILLAN  |  FRIDAY, 28 MAR 2014
Australia's life insurance sector has experienced an increase in claims and policy lapses in the last few years. The confluence of factors pressuring the group and retail insurance market has created a perfect storm that has seen insurers' profits plummet. ...

QSuper unveils 'industry first' lifecycle product

JAMES FERNYHOUGH  |  THURSDAY, 27 MAR 2014
... devastating effect of major market disruptions like the GFC on the retirement savings of hundreds of thousands of Australians. "With around 80% of Australians' super contributions going into a default fund, the industry has an obligation to adapt these ...

John Brumby wins AIST Trustee of the Year

MARK SMITH  |  WEDNESDAY, 26 MAR 2014
... said. Brumby added: "It's great to contribute to an industry that is such an important retirement savings vehicle for Australians and is also an important vehicle for transforming long term savings into long term capital for Australia, jobs development ...

ATO initiative raises $640 million from wealthy Australians

MARK SMITH  |  WEDNESDAY, 26 MAR 2014
... Taxation Office (ATO)'s voluntary compliance initiative has exceeded expectations, raising $640 million from wealthy Australians since it was launched four years ago. Following the success of the scheme the ATO announced it has received government funding ...

Industry pushes for more consumer protection under FoFA

LAURA MILLAN  |  TUESDAY, 25 MAR 2014
The financial services industry has welcomed the Finance Minister Mathias Cormann's decision to temporarily freeze the amendments to the Future of Financial Advice (FoFA) legislation, which some stakeholders believe will lead to increased consumer protection. ...

Silk questions value of financial services intermediaries

LAURA MILLAN  |  TUESDAY, 25 MAR 2014
AustralianSuper chief executive Ian Silk has questioned the value of financial services intermediaries such as advisers, mortgage brokers and superannuation trustees. Silk spoke yesterday at a panel session on "the over-intermediation of financial services" ...