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

Search Results

Showing 491 - 500 of 935 results for "Incentive"

Industry welcomes Innovation Statement

MARK SMITH  |  TUESDAY, 8 DEC 2015
The reforms detailed in the Government's recent Innovation Statement have been enthusiastically welcomed by the financial services industry and beyond. Among a package of reforms introduced by Prime Minister Malcolm Turnbull in Canberra yesterday were ...

The world of ASFA according to Twitter

MICHELLE BALTAZAR  |  TUESDAY, 1 DEC 2015
A rocket scientist, an Oscar winner and a literary figure walked into a bar. No, wait, a superannuation conference. It was the superannuation conference that launched a thousand tweets. 1,493 to be exact over a three-day period. This may sound miniscule ...

Treasurer commits to improve after-fee super returns

DARREN SNYDER  |  FRIDAY, 27 NOV 2015
Federal Treasurer Scott Morrison has committed to doing more to reduce superannuation fees and improve after-fee returns for members even though super tax incentives are a cost to the government. As an approach to deliver super tax concessions that ...

Super funds should engage in pub theory

DARREN SNYDER  |  THURSDAY, 26 NOV 2015
... drawing attention to social norms, and reminders were all "nudges." However, a jail sentence, a fine, a subsidy or a tax incentive - "none of those are nudges."

Super lifetime cap could increase budget costs: Budget Office

LAURA MILLAN  |  MONDAY, 23 NOV 2015
Placing a lifetime cap on voluntary superannuation contributions could actually end up costing more money to the budget, a report by the Parliamentary Budget Office (PBO) commissioned by the Greens found. The Greens commissioned the report in light ...

Banking and Finance Oath reshuffles board

LAURA MILLAN  |  FRIDAY, 13 NOV 2015
The Banking and Finance Oath (BFO) has appointed a chairman and three new board members, following AMP Capital's Stephen Dunne's retirement from the industry. Former chairman of the Australian Prudential Regulation Authority (APRA) John Laker will now ...

APRA debates whether "to model or not to model"

ALEX BURKE  |  FRIDAY, 13 NOV 2015
Internal risk models for financial institutions are still useful so long as industry isn't "seduced by the science," according to APRA chair Wayne Byres. Speaking at the Global Association of Risk Professionals (GARP) Global Risk Forum in Hong Kong ...

Banks to follow NAB's life insurance exit

ALEX BURKE  |  FRIDAY, 13 NOV 2015
... the practice, will add value to their businesses," he added. The effect on banks, he continued, would be an increased incentive to abandon the development of in-house life insurance products; he noted that this would "release capital" and customers "will ...

NAB and FPA back super in PPL

DARREN SNYDER  |  WEDNESDAY, 11 NOV 2015
The Senate inquiry in to economic security of women in retirement has been told the federal government's first priority should be including super guarantee contributions in the Paid Parental Leave (PPL) scheme. Both National Australia Bank (NAB) and ...

Family offices well ahead on gender equality

LAURA MILLAN  |  SUNDAY, 8 NOV 2015
Data collected for the first time shows that family offices are more than seven times more likely to be led by female chief executives than the companies of the S&P500. The 2015 FOX Family Office Compensation and Benefits Report by Family Office Exchange ...