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Self-education cap could prevent professional development

LAURA MILLAN  |  WEDNESDAY, 10 JUL 2013
... associations. The group will submit a discussion paper before this Friday and is seeking to meet MPs from all parties during the next weeks.

Reversing fortunes to another crisis?

BENJAMIN ONG  |  WEDNESDAY, 10 JUL 2013

Coalition confirms plans for FoFA amendments

LAURA MILLAN  |  TUESDAY, 9 JUL 2013
... Coalition has confirmed that it will amend the Future of Financial Advice (FoFA) regulation if it comes to power after the next federal elections. The Coalition has made public a 30 page document called "Policy to boost productivity and reduce regulation" ...

Lotsa data but no game change (yet)

BENJAMIN ONG  |  TUESDAY, 9 JUL 2013
... news too because it highlights still weak demand in its biggest trading partner - Europe - and the slowdown in China - its next big export market. The good news: Germany's domestic economy remains relatively strong as evidenced by improving confidence ...

Fund chief calls for cap on super lump sum payments

JAMES FERNYHOUGH  |  THURSDAY, 4 JUL 2013
... the Australian Institute of Superannuation Trustees End of Year Breakfast in Sydney this morning, Turner said: "Over the next decade we can expect four million Australians to retire, and we're going forward into an environment where there's less and ...

Slow growth and regulatory burden top insurance industry fears

MARK SMITH  |  THURSDAY, 4 JUL 2013
... executives at more than 65 insurance companies across the globe to garner insights on factors effecting the industry over the next five years. Chief among the 10 most important risks facing the industry were how to deal with ongoing slower growth and ...

AustralianSuper returns likely to decline in FY14

LAURA MILLAN  |  THURSDAY, 4 JUL 2013
... most popular investment has returned 15.63% investment fees and taxes for the year, a result that will be difficult to match next financial year according to the Fund. "I don't expect a similar result next year," AustralianSuper chief investment officer ...

Ghosts? What ghosts?

BENJAMIN ONG  |  THURSDAY, 4 JUL 2013
... more resignations by government ministers that could derail Lisbon's recovery. There's also Greece - it might not get the next tranche of its bailout worth a,-8.1 billion. The IMF/EU/ECB troika has given Athens three days (two days and counting now) ...

FoFA still in need of changes: industry

LAURA MILLAN  |  WEDNESDAY, 3 JUL 2013
... are parts of FoFA that need to be fixed," he stated. The Coalition has announced its plans to make changes if it wins the next federal election. Among the proposed changes are the removal of opt-in, simplification and streamline of the additional annual ...

Westpac launches tailored info service for online investors

JAMES FERNYHOUGH  |  WEDNESDAY, 3 JUL 2013
... provide information on the clients' existing shares, but also find high-yield shares that are going ex-dividend within the next 30 days. "Our most recent client survey showed that investors put a high value on the quality of research and accompanying ...