Search ResultsShowing 41 - 50 of 100+ results for Alex Dunnin
Defined benefit deficit at $182bn
ALEX DUNNIN  |  WEDNESDAY, 6 JUL 2016
Total defined benefit (DB) super liabilities across Australia stood at $340 billion, according to APRA figures. But this amount is backed by only $158 billion in net assets - amounting to a deficit of $182 billion. The announcement by the Queensland ...
US Senate votes down adviser fiduciary rule
ALEX DUNNIN  |  TUESDAY, 31 MAY 2016
The US Senate recently voted down the Department of Labor's administration rule for financial advisers that would have compelled them to act in their clients' best interests. The law was passed 65-41 meaning it fell well short of the two thirds majority ...
Budget big picture
ALEX DUNNIN  |  TUESDAY, 3 MAY 2016
A budget deficit of $40 billion on its way down to just $6 billion in four years masks a massive 29% increase in tax revenue over the forward estimates, pointing to why Treasurer Scott Morrison has had to go after high-end superannuants and multi-nationals. ...
SEC seeks comment on Accredited Investors
ALEX DUNNIN  |  THURSDAY, 14 APR 2016
With all the focus on retail financial advice and introducing a fiduciary rule, the US Securities and Exchanges Commission (SEC) is asking for public submissions regarding amending the definition of what is an Accredited Investor. An Accredited Investor ...
Australia, a tough nut to crack
ALEX DUNNIN  |  THURSDAY, 7 APR 2016
Australia's brutally competitive investment market is much harder for overseas investment managers to crack than many realise, notes a leading US investment management consultant. Cerulli Associates has just released a client briefing about the Australian ...
More Australians intend to retire later
ALEX DUNNIN  |  TUESDAY, 29 MAR 2016
The proportion of Australians intending to retire beyond age 65 is increasing rapidly. According to a research note just released by the Australian Bureau of Statistics (ABS), a survey conducted in 2015 showed 71% of people said they intended to retire ...
UK to introduce lifetime ISAs
ALEX DUNNIN  |  THURSDAY, 17 MAR 2016
The UK government has just announced in its 2016 budget that it will be launching subsidised Lifetime Individual Savings Accounts that will allow people under 40 to save for their first home and retirement. The initiative follows a raft of other measures ...
PC releases Efficiency and Competition Review issues paper
ALEX DUNNIN  |  THURSDAY, 17 MAR 2016
The Productivity Commission has released an issues paper outlining how it will be approaching its latest efficiency and competition review of the superannuation system. The review was commissioned by Treasurer Scott Morrison earlier this year as part ...
Govt announces superannuation's objective
ALEX DUNNIN  |  WEDNESDAY, 9 MAR 2016
The government has released a discussion paper outlining the formal objective of Australia's superannuation system that it proposes to enshrine in legislation. The words the government is proposing are the same as those recommended by the Financial ...
SEC to run ad campaign promoting online consumer adviser checks
ALEX DUNNIN  |  FRIDAY, 4 MAR 2016
The US Securities and Exchanges Commission (SEC) is stepping up its campaign to encourage retail investors to check the credentials of financial advisers. Later this year the SEC will be launching an updated version of its consumer campaign to remind ...
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