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Showing 5301 - 5310 of 10754 results for "May 19"

Government releases draft life insurance regulations

ALEX BURKE  |  FRIDAY, 8 APR 2016
The Government has released an exposure draft of the Corporations Amendment (Life Insurance Remuneration Arrangements) Regulation 2016 bill. The amended regulation allows temporary inclusion of stamp duty in commissions for death benefits while the ...

Industry veteran departs Energy Super

DARREN SNYDER  |  THURSDAY, 7 APR 2016
Retiring Energy Super director Bob Henricks will be replaced by electricity industry veteran Peter Duffy after the former announced he will be leaving the $6bn fund. Henricks retires with a legacy at Energy Super after serving 21 years on the board ...

Super fund outflow ratios cause for concern

DARREN SNYDER  |  WEDNESDAY, 6 APR 2016
Superannuation funds have been warned about net cash outflow ratios trending upwards as an issue that may impact their future viability. Speaking at the Banking and Wealth Summit in Sydney yesterday, Australian Prudential Regulation Authority (APRA) ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 6 APR 2016
Australia trade balance Australia's trade deficit widened to A$3.4 billion in February, an 8% increase from the previous month's A$3.2 billion shortfall and disappointing consensus expectations for an improvement to a A$2.5 billion trade gap. Exports ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 5 APR 2016
Australian retail sales Retail spending showed no change in the month of February. This is lower than market expectations for a 0.4% lift, marking the third month in a row of disappointing retail sales - up 0.3% in January versus expectations for a ...

The lucky country may not be so for future generations

WHITNEY FITZSIMMONS  |  MONDAY, 4 APR 2016
New research from MLC reveals a third of Australian parents think lack of financial planning will prevent their children from enjoying the same lifestyle as them, with nearly 60% of the 2,000 surveyed saying the next generation will never own their ...

Infrastructure pricing reshaping investment landscape

DARREN SNYDER  |  FRIDAY, 1 APR 2016
JANA senior consultant Susan Orr recently told the Conference of Major Superannuation Funds (CMSF) that there is plenty of dry powder among investment managers looking to invest in infrastructure. Yet one of the pitfalls in this environment is the impact ...

New Macquarie chair steps up

ALEX BURKE  |  FRIDAY, 1 APR 2016
Macquarie's new chair has succeeded Kevin McCann. Peter Warne, whose appointment was announced in September, was previously a non-executive director and also chair of Macquarie's Board Remuneration Committee, a position he will retain until May 7. He ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 1 APR 2016
Australia private sector credit The A$ has weakened slightly after climbing to a nine-month high of US$0.7723 overnight. But at the latest exchange of US$0.7667, it remains 5.0% higher than its level at the start of 2016 and 11.7% up from this year's ...

Industry groups slam SEC plan to limit derivatives

WHITNEY FITZSIMMONS  |  THURSDAY, 31 MAR 2016
US industry groups have hit back at a proposal by the Securities and Exchange Commission (SEC) to try to limit investors' exposure to risk. In December Mary Jo White, the chair of the US corporate watchdog said a funds' use of certain instruments can ...