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Showing 5071 - 5080 of 6605 results for "Future2"

FOFA passing causes industry division

ELISE BURGESS  |  FRIDAY, 23 MAR 2012
The Future of Financial Advice legislation has successfully passed through the House of Representatives to very mixed reactions from the wealth management industry. Minister for Financial Services Bill Shorten called the legislation "historic reforms" ...

FOFA opt-in amendment in full

CLAIRE MCGREAL  |  THURSDAY, 22 MAR 2012
The government has moved to clarify the FOFA amendment relating to opt-in. The amendment, as seen by Financial Standard this afternoon, states: Corporations Amendment (Future of Financial Advice) Bill 2011 Schedule 1, item 10, page 8 (after line 19) ...

Benchmarks allow funds to abdicate responsibility: Future Fund

MELANIE TIMBRELL  |  WEDNESDAY, 21 MAR 2012
Peer group measures are liable to lead funds to perverse decisions on asset allocation rather than an appropriate assessment of risk, the Future Fund's chief investment officer has warned a superannuation gathering. In times of extreme market volatility ...

FPA: Stance on opt-in remains the same

ELISE BURGESS  |  WEDNESDAY, 21 MAR 2012
The FPA has responded to industry-wide speculation that it has signed a deal with the Industry Super Network that would limit opt-in to a four year requirement. Reported in The Australian, the Financial Planning Association (FPA) and the Industry Super ...

Market Wrap - Midday

AAP  |  MONDAY, 19 MAR 2012
The Australian share market has climbed higher, boosted by the resources sector. At 1200 AEDT on Monday, the benchmark S&P/ASX200 index was up 27.3 points, or 0.64 per cent, at 4,303.5 points, while the broader All Ordinaries index had lifted 27.9 points ...

Senate committee gives FOFA green light

MELANIE TIMBRELL  |  THURSDAY, 15 MAR 2012
The Senate Economics Legislation Committee has released its report on the future of financial advice bill recommending passage subject to nine recommendations. The report was tabled in Parliament yesterday, with the House of Representatives debate due ...

Gonski appointed new chair of Future Fund

CLAIRE MCGREAL  |  WEDNESDAY, 14 MAR 2012
David Gonski will resign as chair of the ASX Group to replace former CBA boss David Murray as the new chair of the Future Fund, in charge of nearly $90bn in assets. The government has also appointed Morgan Stanley Australia head, Steven Harker, to the ...

Govt push for foreign infra investment

ELISE BURGESS  |  TUESDAY, 13 MAR 2012
Federal Government Trade Minister Craig Emerson has argued in favour of foreign investment in local infrastructure, particularly in water and farming. In an interview with ABC Radio, Minister Emerson said overseas investment could help make Australia ...

Southeastern targets instos with Australian expansion

MELANIE TIMBRELL  |  TUESDAY, 13 MAR 2012
Southeastern Asset Management has opened an Australian office based in Sydney to attract Australian institutional investors to its long-term global equity strategy. The Australian and New Zealand business has already attracted local institutional mandates ...

Gen Y aiming high: REST

CLAIRE MCGREAL  |  TUESDAY, 13 MAR 2012
The majority of Gen Ys have high aspirations for their futures, with two thirds expecting to work as hard, if not harder than their parents to achieve their desired lifestyle. A new survey by REST Super looks at the "wealth style" of 600 18 to 30 year ...