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Showing 5971 - 5980 of 10706 results for "May 2012"

Govt begins long-awaited retirement income review

JAMES FERNYHOUGH  |  TUESDAY, 22 JUL 2014
The government has launched its much-anticipated review of Australia's underdeveloped retirement income industry with the release of a comprehensive discussion paper. The 21-page paper discusses measures to overhaul the entire regulatory regime of the ...

US manager appoints Breakwater to bring funds to Australia

MARK SMITH  |  MONDAY, 21 JUL 2014
US-based investment firm Voya Investment Management is entering the Australian institutional market via a distribution partnership with local marketing and advisory firm Breakwater Advisory. Voya IM, formerly known as ING U.S. Investment Management ...

Gen Ys most keen on intra-fund advice

LAURA MILLAN  |  FRIDAY, 18 JUL 2014
Financial advice might be the key to engaging young super fund members, with a new survey revealing that half of Gen Ys who have not used their fund's intra-fund advice services before, intend to do so in the future. The 2014 CoreData Member Engagement ...

Are super funds the new shadow banks?

JAMES FERNYHOUGH  |  FRIDAY, 18 JUL 2014
Superannuation funds are increasingly behaving like shadow banks and should be regulated as such, an economist and pension expert from the UK has warned. Dr Bernard Casey of Warwick University said stricter global capital requirements are seeing new ...

ASIC concerned about SMSFs, warns spruikers

LAURA MILLAN  |  THURSDAY, 17 JUL 2014
The sharp rise in promoters recommending Australians to use their self-managed super fund (SMSF) to invest in property has led the Australian Securities and Investments Commission (ASIC) to remind property developers that they need a license to operate. ...

Market Wrap AM

AAP  |  THURSDAY, 17 JUL 2014
... FTSE 100 rallied 1.11 per cent to 6,784.67 points as Britain's unemployment rate hit 6.5 per cent in the three months to May - the lowest point since late 2008. Frankfurt's benchmark DAX 30 index won 1.44 per cent to 9,859.27 points, and the Paris CAC ...

SMSFs get off lightly in FSI interim report

JAMES FERNYHOUGH  |  WEDNESDAY, 16 JUL 2014
Self-managed superannuation funds look unlikely to face any major regulatory overhauls as a result of the Financial System Inquiry (FSI), recommendations made in the interim report suggest. The FSI interim report dedicated a short section to SMSFs ...

Yellen yawn turn to Yellen yikes

BENJAMIN ONG  |  WEDNESDAY, 16 JUL 2014
It was to be a non-event. Financial markets didn't expect the head of the world's biggest and mightiest central bank to deviate much - if at all - from her rhetoric of days gone by - when she delivers her semi-annual testimony on US monetary policy ...

Confidence key to financial future: Murray

COLIN BRINSDEN, AAP ECONOMICS CORRESPONDENT  |  TUESDAY, 15 JUL 2014
The first review of the financial system since 1997 may result in lower superannuation fund fees and slow the erosion of retirement nest eggs. At a time when financial advisers and the Commonwealth Bank are under a cloud, the head of the financial system ...

FSI asks industry to consider greater ASIC powers

MARK SMITH  |  TUESDAY, 15 JUL 2014
The Financial System Inquiry (FSI) Committee, headed up by chairman David Murray, has questioned whether the Australian Securities and Investments Commission (ASIC) requires greater powers to better monitor Australia's financial services industry. In ...