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

Search Results

Showing 4911 - 4920 of 6605 results for "Future2"

Allianz appoints new chief executive

LINDA HAUSKEN  |  WEDNESDAY, 3 OCT 2012
Allianz Australia has appointed Niran Peiris as the next managing director, following Terry Towell's retirement from the position. Towell, a 40-year veteran of the insurance industry, will retire as chief executive after more than a decade of successful ...

Find super savings in public sector: Sherry

MELANIE TIMBRELL  |  TUESDAY, 2 OCT 2012
Former Rudd-government minister for superannuation Nick Sherry has advocated scrapping remaining defined benefit schemes for public servants and finding necessary savings by reducing public sector contributions instead of making cuts to broader super ...

APRA issues final Basel III reforms

LINDA HAUSKEN  |  TUESDAY, 2 OCT 2012
The Australian Prudential Regulation Authority (APRA) has issued the long awaited final version of its new bank capital rules, known as Basel III, which are scheduled to come into full effect from next year. The Basel III capital framework was introduced ...

ASIC releases proposed conflicted remuneration guidelines

BEN COLLINS  |  TUESDAY, 2 OCT 2012
ASIC has released proposed guidance on the conflicted remuneration ban, as part of the Future of Financial Advice (FOFA) reforms. The ban on conflicted remuneration includes commissions and volume-based payments in relation to advice about retail investment ...

SMSF industry hits back on 'rort' claims

MELANIE TIMBRELL  |  FRIDAY, 28 SEP 2012
Specialist SMSF group Dixon Advisory has rejected claims that self-managed super funds should be subject to new tax treatment, arguing that recent papers ignore tax concessions available to all superannuation members. Nerida Cole, managing director ...

Super debate flawed: ASFA

BEN COLLINS  |  FRIDAY, 28 SEP 2012
Several flaws exist in the current debate over superannuation adequacy in Australia, said the Association of Superannuation Funds of Australia (ASFA). A focus on superannuation tax concessions and access age is the wrong conversation and should instead ...

Retirement adequacy hits post-GFC low: AMP

BEN COLLINS  |  THURSDAY, 27 SEP 2012
Declining contributions to superannuation have helped push AMP's retirement index to its lowest levels since the global financial crisis. The AMP Retirement Adequacy Index fell almost 2 percentage points to 69.4% while projected retirement savings fell ...

Compliance stifling innovation: BTFG

MELANIE TIMBRELL  |  WEDNESDAY, 26 SEP 2012
Industry preoccupation with FOFA and the amount of funds flowing into compliance has stifled innovation in the platforms space, BT's head of platform products said, while predicting an evolution in the way technology is used. Kelly Power said the three ...

Controversial short-sell ban inconclusive

MELANIE TIMBRELL  |  TUESDAY, 25 SEP 2012
ASIC has defended its 2008 decision to permanently ban naked short-selling and temporarily ban covered short sales, despite its report on the GFC restrictions being inconclusive as to outcome. Yesterday the regulator's deputy chairman Belinda Gibson ...

DST joins forces with XSP

MARK STORY  |  MONDAY, 24 SEP 2012
DST Global Solutions, a provider of software technology and services to the investment management industry has just launched its HiPortfolioA(R) corporate actions automation solution, powered by XSP. In addition to reducing operational losses by minimising ...