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Showing 441 - 450 of 835 results for "Basic"

ISA FoFA report sparks industry outrage

LAURA MILLAN  |  MONDAY, 7 JUL 2014
... loopholes and caveats," including the general advice exemption, allowing commissions on execution services, commissions on all basic banking products and commission-based bonuses via balanced scorecards. The organisation also mentioned "extending grandfathering ...

Senate report supportive of government FoFA reforms

LAURA MILLAN  |  TUESDAY, 17 JUN 2014
... asked for the legislation to include a "modified best interests' duty for certain advice providers who provide advice on basic banking products or general insurance products." The Committee acknowledged that the law needs to "make clear that it is not ...

Budget cuts force ASIC to axe surveillance

LAURA MILLAN  |  WEDNESDAY, 4 JUN 2014
The cuts to the funding of the Australian Securities and Investments Commission (ASIC) have forced the regulator to axe proactive surveillance in a number of areas. ASIC chairman Greg Medcraft told the Senate Economics Committee during a budget estimates ...

Beware engaged baby boomers, super funds told

JAMES FERNYHOUGH  |  WEDNESDAY, 21 MAY 2014
Increased member engagement could lead to a spike in complaints, according to the Superannuation Complaints Tribunal (SCT) chairperson Jocelyn Furlan. Furlan said this was a particular danger among the baby boomer generation, who have proved some of ...

CBA wants Senate to fix corporate super advice

LAURA MILLAN  |  MONDAY, 12 MAY 2014
... the submission. "We are concerned this will act as a barrier to superannuation trustees being able to deliver access to basic and affordable financial advice to their members," the bank continued. CBA said that the issue could be addressed by modifying ...

Super needs a radical new solution to longevity: Keating

ALEX DUNNIN  |  FRIDAY, 9 MAY 2014
Former Prime Minister and superannuation system architect Paul Keating says the government needs to create 'superannuation mark two' to enable superannuation to provide enough money for retirees who are increasingly likely to become centenarians. Speaking ...

May worry

BENJAMIN ONG  |  MONDAY, 28 APR 2014
... vs. Treasuries look today? Answer - concerning for stocks and risk assets in general. The ratio has completed the three basic steps needed for a bearish trend change, which is not what stock market investors want to see." Eric Parnell -- founder and ...

AMP Capital launches new adviser research tool

STAFF WRITER  |  MONDAY, 14 APR 2014
... wide range of education-based materials and tools. The content addresses a variety of investment concepts and themes from basic asset class education through to the merits of long-term investing, navigating volatility, risk and asset allocation. "Ultimately ...

FEATURE: The alpha hunters

JAMES FERNYHOUGH  |  FRIDAY, 11 APR 2014
... 25% of the UK's FTSE All Share index, for example, is made up of financials, while around 21% is made up of oil, gas and basic resources. In the US S&P 500, financials make up 16.5%, while in the S&P Europe 350 index, financials make up 21.9%. Canada's ...

Time to go away?

BENJAMIN ONG  |  TUESDAY, 8 APR 2014
Three consecutive down days on the Street have turned the S&P 500 index's 2.3% gain for the year to a 0.2% loss; the Dow's flat (0.02%) performance into a 2.0% loss; and the Nasdaq's positive 2.4% into negative 2.3%. Three down days and suddenly allusions ...