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Showing 5341 - 5350 of 8611 results for "DIF"

Removal of super from awards top priority: FSC

JAMES FERNYHOUGH  |  MONDAY, 24 FEB 2014
The Financial Services Council (FSC) has called for superannuation to be taken out of the modern awards system, a move it believes would improve competition among super funds and ultimately benefit members. In its submission to the government discussion ...

S&P DJI eyes aligned advice groups with new role

JAMES FERNYHOUGH  |  FRIDAY, 21 FEB 2014
S&P Dow Jones Indices (SPDJI) is recruiting for a role as part of a move to tap into the aligned financial advice dealer groups with its exchange-traded fund (ETF) indices. Until now the bank-aligned advice sector has proved difficult for ETF providers ...

Crowdfunding investment platform launched

HARRY PAGE  |  FRIDAY, 21 FEB 2014
Crowdfunding has taken another step into the mainstream with the launch of a specialist platform solely focused on crowdfunding investment finance. The platform, VentureCrowd, was developed by early stage venture capital firm Artesian Venture Partners ...

Traffic light trade

BENJAMIN ONG  |  FRIDAY, 21 FEB 2014
It's that time of the month again folks, that time when Market Economics conducts financial market traffic... and over the past 24 hours we got all three lights - red, amber and blue flashing. Red. The colour flashing for most Asian equity markets after ...

Life insurance losses drag AMP results

LAURA MILLAN  |  THURSDAY, 20 FEB 2014
AMP has attributed its 2% fall in net profit from $689 million in 2012 to $672 million in 2013 to difficulties in its life insurance business. The company meanwhile reported an underlying profit of $849 million in FY13 compared to $950 million for FY12 ...

BT reveals post-awards strategy

JAMES FERNYHOUGH  |  THURSDAY, 20 FEB 2014
BT Financial Group will pitch its MySuper product to at least 30,000 employers via Westpac's business bank should the government proceed with its plan to take superannuation out of modern awards. Vicki Doyle, head of corporate and retail super at BT ...

SMSF industry welcomes more flexible penalties

ALICE URIBE  |  THURSDAY, 20 FEB 2014
The government's re-introduction of measures that allow for more flexible penalties for trustees who breach rules has received general support from the self-managed superannuation fund (SMSF) industry. Speaking at the 10th SPAA SMSF National Conference ...

ASIC enhances whistleblower communication

LAURA MILLAN  |  WEDNESDAY, 19 FEB 2014
The Australian Securities and Investments Commission (ASIC) is taking steps to improve whistleblower communication and protection, one of the main concerns that prompted the Senate inquiry into the regulator's performance. ASIC chairman Greg Medcraft ...

Industry resists full portfolio disclosure

JAMES FERNYHOUGH  |  MONDAY, 17 FEB 2014
The superannuation and funds management industry has universally resisted the move towards full transparency of portfolio holdings. In submissions to Assistant Treasurer Arthur Sinodinos' discussion paper, 'Better regulation and governance, enhanced ...

Aged care likely to cost more after July 1

LAURA MILLAN  |  MONDAY, 17 FEB 2014
Aged care is likely to get more expensive from July 1, 2014, with the introduction of legislation that will calculate fees through assets and income, rather than income alone. "Each case is different and you need to look at the individual circumstances ...