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Showing 5921 - 5930 of 8593 results for "SIM"

Super asset changes deliver positive return

MELANIE TIMBRELL  |  FRIDAY, 3 AUG 2012
The SelectingSuper workplace default option index rose slightly during June 2012, tipping super funds into positive territory for 2011-12 with an annual return of +0.5%. While sitting below inflation, the silver lining is in the contrast with the -7% ...

If not now, when?

BENJAMIN ONG  |  FRIDAY, 3 AUG 2012
After all is said and done, much was said but nothing was done. Risk-takers have every reason to feel disappointed for none of the central banks - Fed, ECB, BOE -- that met this week walked their talk (the BOE though didn't do much talking). There weren't ...

Direct investors prefer scaled advice

MELANIE TIMBRELL  |  THURSDAY, 2 AUG 2012
Almost 60% of direct investors are interested in scaled advice, with the majority of those preferring to receive that advice from a financial adviser rather than their super fund. These were among the findings of CoreData survey results released today ...

Value still key in insurance

BEN COLLINS  |  THURSDAY, 2 AUG 2012
The remuneration components of the Future of Financial Advice reforms may be distracting from the needs of consumers when it comes to insurance, said Brett Clarke, chief executive officer, retail life, TAL. "We talk a lot about FOFA and remuneration ...

Regulators on post-Trio watch

BEN COLLINS  |  THURSDAY, 2 AUG 2012
Australia's corporate watchdog said it has learnt some lessons in the wake of the Trio fraud, and plans to be more proactive. While admitting that the Australian Securities & Investments Commission (ASIC) could never guarantee that a similar scenario ...

MySuper to commoditise super

ALEX DUNNIN  |  WEDNESDAY, 1 AUG 2012
MySuper will commoditise the superannuation industry, said Rice Warner Actuaries in their latest fee report that was commissioned by the Financial Services Council. "The initial emphasis of MySuper will be on costs rather than investment performance. ...

Heritage Bank launches online RSA

ALEX DUNNIN  |  WEDNESDAY, 1 AUG 2012
Heritage Bank has launched an online-only Retirement Savings Account (RSA), known as Secure Super Account. Heritage Bank's Secure Super Account is protected by the Australian Government's deposit guarantee and will pay an interest rate that tracks 0.5 ...

Keynes & Riccardo on display

BENJAMIN ONG  |  WEDNESDAY, 1 AUG 2012
Financial markets sit and wait while the CBs meet. No one wants to be whipsawed either way. Not even the headlines... if anybody noticed. There is not the usual sensationalism that goes with each daily move in the markets - dragging out all the negative ...

Trust tax reform can be split

MELANIE TIMBRELL  |  TUESDAY, 31 JUL 2012
Assistant Treasurer David Bradbury's announcement yesterday of a further delay to tax reform for trusts has sparked debate over the relative merit of using the same timetable for a number of reform strands. Speaking at a CPA Australia lunch yesterday ...

Aussie! Aussie! Aussie! Noi! Noi! Noi!

BENJAMIN ONG  |  TUESDAY, 31 JUL 2012
While waiting for CB's to walk their talks, I came upon a number of reports about how the Australian dollar is becoming a major reserve currency. It has rebounded to a five-month high of US$1.0510 last night and up 8.3% from this year's US$0.9705 low ...