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Showing 511 - 520 of 1269 results for "Labor"

SEC to run ad campaign promoting online consumer adviser checks

ALEX DUNNIN  |  FRIDAY, 4 MAR 2016
... check of any authorised adviser or broker. The campaign follows the SEC stepping up its involvement in the US Department of Labor's reform proposals to introduce a universal definition of fiduciary duty that will bind all retirement intermediaries to ...

US resistance to DOL fiduciary rule gathers pace

ALEX DUNNIN  |  WEDNESDAY, 2 MAR 2016
Momentum is building against the US Department of Labor's (DOL) proposed fiduciary rule for retirement advisers with House Speaker Paul Ryan now joining the critics. The DOL has been working on expanding the fiduciary obligation since the GFC when millions ...

Consumer (un)confidence

BENJAMIN ONG  |  WEDNESDAY, 24 FEB 2016
... consumers expressing greater apprehension about business conditions, their personal financial situation, and to a lesser degree, labor market prospects. Continued turmoil in the financial markets may be rattling consumers, but their assessment of current ...

Renewed calls to remove super from political cycle

MARK SMITH  |  FRIDAY, 19 FEB 2016
... SMSF Association National Conference in Adelaide that included the industry body's head of policy Jordan George, former Labor Cabinet Minister Craig Emerson and professor of finance at Monash University Deborah Ralston. George tabled the idea that reviews ...

Treasurer hints at super concession adjustments

MARK SMITH  |  FRIDAY, 19 FEB 2016
... better standard of living in retirement." Morrison was more explicit about taxation of retirement incomes. In contrast to Labor, the Treasurer virtually ruled out any changes to the taxation of retirement incomes in the strongest worded part of his address ...

Labor eyes super for start-up boost

MARK SMITH  |  THURSDAY, 18 FEB 2016
... this," Chalmers said, adding: "Of course, our enormous pool of super capital plays a role in feeding economic growth." The Labor minister said it's not the job of government to favour one segment of superannuation over any other but to ensure that the ...

Yellen fedspeaks her mind

BENJAMIN ONG  |  THURSDAY, 11 FEB 2016
... anticipated semi-annual testimony before the US House of Representatives' Committee on Financial Services offered nothing new. "...labor market conditions have improved substantially" and "there is still room for further sustainable improvement." "Household ...

Pensioners want DB decision reversed

DARREN SNYDER  |  TUESDAY, 2 FEB 2016
... DB income that can be excluded from the pension income test. "As a result of a Budget measure supported by the Coalition, Labor and The Greens, the maximum 'tax exempt amount' is limited to 10% of the defined benefit pension. It was previously not subject ...

Cheers to unmet expectations

BENJAMIN ONG  |  THURSDAY, 28 JAN 2016
... rise to 2 percent over the medium term as the transitory effects of declines in energy and import prices dissipate and the labor market strengthens further." Australia is already there. Core inflation is within the Reserve Bank of Australia's (RBA) 2%-3% ...

Fed's plan slips on oil

BENJAMIN ONG  |  THURSDAY, 21 JAN 2016
... addition (consensus was at 200K) - it gave credence to the Fed's minuted statement that, "Members agreed that a range of recent labor market indicators, including ongoing job gains and declining unemployment, showed further improvement and confirmed ...