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Showing 5311 - 5320 of 8611 results for "DIF"

NZ Super Fund invests in N American energy

PAUL MCBETH, AAP  |  FRIDAY, 21 MAR 2014
New Zealand Superannuation Fund will invest up to $US250 million ($A277.12 million) with New York Stock Exchange-listed KKR to gain exposure to North American energy markets created by shale oil and gas resources. The fund will invest up to $US175m ...

International capital requirements could cripple insurers

LAURA MILLAN  |  FRIDAY, 21 MAR 2014
The Global Federation of Insurance Associations (GFIA) has rejected the G20 proposal that top insurers hold more capital from 2019 to cover potential to the financial system. The GFIA held meetings this week with Australian officials in Canberra, ahead ...

British govt to introduce pension choice

ALEX DUNNIN  |  FRIDAY, 21 MAR 2014
The British government is proposing a radical overhaul of the nation's private pensions system and will introduce choice of retirement product and simplify retiree taxation structures. The proposals were announced in the British 2014 Budget that was ...

Cormann to take over Sinodinos' duties

LAURA MILLAN  |  THURSDAY, 20 MAR 2014
Former Assistant Treasurer Arthur Sinodinos' portfolio will now fall under the Ministry of Finance, headed by Mathias Cormann. Prime Minister Tony Abbott confirmed yesterday during a parliamentary session that the financial services industry will be ...

Professional planners don't accept commissions: FPA

ALEX DUNNIN  |  WEDNESDAY, 19 MAR 2014
Professional financial planners do not accept commissions because the conflicts of interest commissions create cannot be managed, says Matthew Rowe, chair of the Financial Planning Association. "We don't believe that a commission should be payable on ...

XPLAN named top planning application

STAFF WRITER  |  WEDNESDAY, 19 MAR 2014
XPLANA has been named the top rated Australian planning application for 2013 in the latest A Investment Trends Planning and Advice Applications Report. According to the report, XPLAN has achieved the highest benchmark score for any financial planning ...

APRA gets Basel III tick

JAMES FERNYHOUGH  |  WEDNESDAY, 19 MAR 2014
The Basel Committee on Banking Supervision has graded Australia's capital regulation framework as 'Compliant' with the Basel III standards. Australia's is the eighth regulatory framework to be graded by the Basel Committee. Others include the United ...

FoFA changes no threat to best interest duty: lawyer

JAMES FERNYHOUGH  |  WEDNESDAY, 19 MAR 2014
The Financial Services Council (FSC) has obtained legal advice arguing that the proposed amendments to the Future of Financial Advice (FoFA) reforms will not compromise the best interests duties of advisers to their clients. The advice, provided by ...

Consumers join FoFA debate

JAMES FERNYHOUGH  |  TUESDAY, 18 MAR 2014
Consumers have added their voice to the debate over the government's amendments to the Future of Financial Advice (FoFA) reforms, with the launch of the 'Save Our FoFA' campaign. The campaign, started by consumer advocate Christopher Zinn, aims to raise ...

MDA provider inks deal with Affinity and Redgum

STAFF WRITER  |  TUESDAY, 18 MAR 2014
Managed discretionary account (MDA) operator, managedaccounts.com.au has inked deals two boutique financial advisory firms to integrate the company's solution into their businesses. The deals with Sydney-based Affinity Wealth Services and Melbourne-based ...