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Showing 5271 - 5280 of 8592 results for "SIM"

Mercer launches retirement adequacy index

JAMES FERNYHOUGH  |  FRIDAY, 11 APR 2014
Mercer has launched a new tool that allows superannuation funds to measure whether their members are on track for a comfortable retirement. The Mercer Retirement Readiness Index (RRI) compares a members' projected retirement income against the ASFA ...

PE backed IPOs outperform

ALEX DUNNIN  |  THURSDAY, 10 APR 2014
Initial public offerings backed by private equity investment managers out-perform other IPOs by a factor of almost 50:1, according to research just released by the private equity and venture capital association AVCAL. The study which was prepared by ...

SEC reopens target date funds disclosure review

ALEX DUNNIN  |  WEDNESDAY, 9 APR 2014
The US Securities Exchange Commission (SEC) has reopened its review into enhanced disclosure regulations for target date funds, a sector that they believe is very difficult for investors to compare. The review was launched following recommendations ...

Advisers under threat from robot replacements

LAURA MILLAN  |  WEDNESDAY, 9 APR 2014
The financial advice profession is likely to disappear and planners could be replaced by robots. That is the finding of a new study which reveals that machines could easily provide financial advice to consumers thanks to complex algorithms. Financial ...

ASIC should regulate SMSFs as a financial product: PwC

LAURA MILLAN  |  WEDNESDAY, 9 APR 2014
PricewaterhouseCoopers (PwC) has recommended that individual self-managed super funds (SMSF) should be treated as a financial product regulated by the Australian Securities and Investments Commission (ASIC). In a submission to the Financial System Inquiry ...

Westpac to open branch in Shanghai

JAMES FERNYHOUGH  |  TUESDAY, 8 APR 2014
Westpac has received approval to set-up a sub-branch in the Shanghai Free Trade Zone (FTZ), becoming one of the first foreign banks to take advantage of the pilot program. The FTZ spans 28.78 square kilometres, and grants financial institutions exemptions ...

ASIC dictates seven-year ban for rogue CBA adviser

LAURA MILLAN  |  MONDAY, 7 APR 2014
The Australian Securities and Investments Commission (ASIC) has banned Commonwealth Financial Planning adviser Jade Zaicew for seven years. Zaicew's banning follows ASIC actions against former CBA advisers Don Nguyen, Ricky Gillespie, Simon Langton ...

Viable SMSF size underestimated

MARK SMITH  |  MONDAY, 7 APR 2014
The size at which a self-managed superannuation fund (SMSF) becomes a viable alternative to regular funds may be considerably higher than the industry currently estimates due to the impact of scale on performance. The industry typically advises that ...

Front-runners

BENJAMIN ONG  |  MONDAY, 7 APR 2014
In big picture terms, not much happened last week. Yes Virginia, the Reserve Bank of Australia (RBA) kept policy unchanged - as expected. The European Central Bank (ECB) guided forward but also stayed on the sidelines. US non-farm payrolls added another ...

Banks eye Google Glass as tech opportunity

LAURA MILLAN  |  FRIDAY, 4 APR 2014
Westpac is developing a Google Glass application that will allow users to access bank accounts, make fund transfers or locate nearby ATM machines. The bank announced this week that it is currently developing an application for Google Glass, which is ...