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Showing 5281 - 5290 of 9317 results for "Red"

SMSF investors reducing cash and shares

DARREN SNYDER  |  WEDNESDAY, 17 JUN 2015
Self-managed superannuation fund (SMSF) investors are reducing holdings in cash and term deposits and listed shares according to the latest data from OneVue. Reduction rates in these investment classes have slowed over the past two years yet they still ...

Treasury extends tax debate

ALEX BURKE  |  WEDNESDAY, 17 JUN 2015
Treasurer Joe Hockey has announced the submissions deadline for the Tax White Paper will be extended by six weeks to July 24. Hockey said that this was because of the "strong public response" to the whitepaper along with "stakeholder interest in the ...

AFA, FPA yet to commit to FSC life risk agenda

ALEX BURKE  |  TUESDAY, 16 JUN 2015
Both the Association of Financial Advisers (AFA) and the Financial Planning Association of Australia (FPA) have refused to comment on whether a final consensus has been reached on the way forward for risk advice reforms. This follows the report in Financial ...

Westpac to raise capital by divesting BTIM stake

LAURA MILLAN  |  TUESDAY, 16 JUN 2015
Westpac Group will sell half of its stake in BT Investment Management (BTIM) to institutional and retail investors in a move that will raise up to $700 million and bolster its capital position. Westpac will reduce its stake in the funds management business ...

Super pool reducing Aussie reliance on foreign capital: ASFA

DARREN SNYDER  |  MONDAY, 15 JUN 2015
Australia's compulsory superannuation system and its positive effects for individuals and the economy should not be lost in the Tax Discussion Paper process. This is the view of the Association of Superannuation Funds of Australia (ASFA), who recently ...

Rice Warner debunks super myths

DARREN SNYDER  |  FRIDAY, 12 JUN 2015
The chief executive of superannuation research and advice firm Rice Warner believes Australians will be set up for poor retirement unless the industry kills off its many myths. In his latest column for Rice Warner, Michael Rice said many proposed solutions ...

North American sovereigns hardest hit by oil crisis

ALEX BURKE  |  FRIDAY, 12 JUN 2015
Sovereign wealth funds in North America will suffer the biggest impacts of the sharp drop in oil prices, rather than those in oil-producing emerging markets. Invesco's Global Sovereign Asset Management Study shows that the majority (80%) of North American ...

SMSF allocation to Aussie equities hits year-low

LAURA MILLAN  |  THURSDAY, 11 JUN 2015
Self-managed super fund (SMSF) allocation to Australian equities has dropped to a year-low, as investment in international shares increases. The latest AMP-owned Multiport SMSF Investment Patterns Survey shows that allocation to Australian equities ...

BOJ in (tactical) retreat

BENJAMIN ONG  |  THURSDAY, 11 JUN 2015
"It's gonna be a bright (bright), bright (bright) sun-shiny day." -Everlife Equity markets from New York to Rio and old London town bounded sharply higher while you, I and Irene were still in the stage of REM sleep as optimism returned - more specifically ...

Actuaries say super taxes need to be reviewed

DARREN SNYDER  |  WEDNESDAY, 10 JUN 2015
Financial services representative groups are weighing in to a debate about the federal government's uncertain position regarding superannuation tax reform. Today the Actuaries Institute said there is growing clamour for clarity around superannuation ...