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

Search Results

Showing 5051 - 5060 of 8611 results for "DIF"

Challenger Care Annuity sales suspended

JAMES FERNYHOUGH  |  FRIDAY, 28 NOV 2014
Challenger has suspended sales of its Care Annuity product and will pursue legal avenues after the government announced it would reassess the social security treatment of investors in the annuity. The Department of Social Services (DSS) informed Challenger ...

ASIC stands up for adviser national exam

LAURA MILLAN  |  FRIDAY, 28 NOV 2014
Advisers in Australia should undertake a national examination to lift industry standards, Australian Securities and Investments Commission (ASIC) chairman Greg Medcraft has told a parliamentary committee "The industry needs to get its house in order ...

APRA's IT infrastructure strains

ALEX DUNNIN  |  FRIDAY, 28 NOV 2014
In an extraordinary admission, the Australian Prudential Regulation Authority (APRA) has written to super fund trustees telling them APRA's information technology and data management systems are struggling to deal with the new data reporting regime ...

Sliding oil price would stop the slide in the oil price

BENJAMIN ONG  |  FRIDAY, 28 NOV 2014
The cartel that controls 40% of oil production - the Organisation of Petroleum Exporting Countries (OPEC) - met and concluded their 166th meeting in Vienna, Australia last night. The conclusion: "...in the interest of restoring market equilibrium, the ...

Inflows from overseas double in four years

MARK SMITH  |  TUESDAY, 25 NOV 2014
Funds flowing into Australian managed investment trusts from overseas have doubled from $20 billion to $40 billion since 2010, according to a new report by Perpetual and the Financial Services Council. The jointly published 2014 Australian Investment ...

Independent dealer groups eye Genesys practices

LAURA MILLAN  |  TUESDAY, 25 NOV 2014
Centrepoint Alliance has opened its doors to Genesys advisers after the closure of the dealership and asked them to choose a dealer group aligned with their values. "The impending closure of the Genesys dealer group has shone the spotlight once again ...

Crowding in

BENJAMIN ONG  |  TUESDAY, 25 NOV 2014
As a student of economics, I've heard about John Maynard Keynes' 'Paradox of Thrift', David Ricardo's 'Ricardian Equivalence Theory', A Alan Greenspan's 'Interest Rate Conundrum' (which appears to be making a return performance in the US) and of course ...

Industry bodies must avoid duplicating work: ASFA

JAMES FERNYHOUGH  |  MONDAY, 24 NOV 2014
Superannuation industry bodies must be on their guard against duplicating the same work and consider merging if duplication is taking place, according to Association of Superannuation Funds of Australian (ASFA) chief executive Pauline Vamos. "I think ...

FPA Future2 award goes to Kathy Havers

LAURA MILLAN  |  FRIDAY, 21 NOV 2014
The Financial Planning Association of Australia (FPA) has awarded the 2014 Future2 Community Service of the Year Award to Catalyst Financial Group adviser Kathy Havers. The award was announced at the FPA Congress in Adelaide and recognises FPA members ...

Advisers confronted with harsh reality of whistleblowing

LAURA MILLAN  |  FRIDAY, 21 NOV 2014
Blowing the whistle on rogues within any financial services organisation is hard, stressful and takes a toll on the whistleblower's life, but it is worth it because it makes a difference, former Commonwealth Bank adviser and whistleblower Jeff Morris ...