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Showing 6091 - 6100 of 10706 results for "May 2012"

Don't be afraid of sales, industry funds told

JAMES FERNYHOUGH  |  MONDAY, 19 MAY 2014
Industry superannuation funds must embrace a sales culture if they are to compete with retail funds in an increasingly open market, according to Metta Group director and AustralianSuper consultant Clive Wilkinson. Speaking to an audience of not-for-profit ...

CBA, CSSA promote FoFA legal loophole

JAMES FERNYHOUGH  |  MONDAY, 19 MAY 2014
Corporate super specialist advisers have found a legal loophole that could allow them to maintain a business model that has been banned under the Future of Financial Advice (FoFA) legislation. The loophole, as described by Commonwealth Bank of Australia ...

CBA forced to review poor compensation methods

LAURA MILLAN  |  MONDAY, 19 MAY 2014
Commonwealth Financial Planning and Financial Wisdom will have to reopen compensation processes for more than 4,000 clients after its methods were found to be inconsistent and disadvantaged customers. The Australian Securities and Investments Commission ...

States urged to recycle infrastructure

JAMES FERNYHOUGH  |  MONDAY, 19 MAY 2014
The federal government is urging state governments to privatise infrastructure assets, with the creation of a $5 billion 'asset recycling initiative'. For a period of five years, the federal government will use this pool to pay state governments 15% ...

Growth and consequence

BENJAMIN ONG  |  MONDAY, 19 MAY 2014
With growth like this what's a central banker to do? It might have been too easy for the Fed to justify its steady taper as she goes despite the National Accounts showing that real GDP growth slowed to a snail dragging a very heavy object pace - 0.1% ...

Market wrap

AAP  |  THURSDAY, 15 MAY 2014
The Australian share market has opened lower after US markets came off record highs. The fall in US shares had driven the Australian market lower, although the federal budget may also be hurting stocks, Lonsec equities research general manager Bill ...

Safer sex? Women take less risk than men

MARK SMITH  |  THURSDAY, 15 MAY 2014
Overlooking the preferences of the more cautious partner when devising an investment strategy for couples could see planners get a rap from the regulator, risk specialist FinaMetrica has warned. Risk profile data compiled by the financial services firm ...

International media question Australia's "austerity budget"

LAURA MILLAN  |  THURSDAY, 15 MAY 2014
International media reports on the 2014/15 federal budget reflect concerns that cuts will hit consumer confidence in an economy that is doing better than most of its counterparts. "Australia's first budget under Tony Abbott was either brave or foolhardy," ...

BOE qualifies for World Cup

BENJAMIN ONG  |  THURSDAY, 15 MAY 2014
Anything you guys can do, I can do better... If the Fed, BOJ, ECB and PBOC could do it - forward guiding markets that monetary policy would remain easy (easier next month in the case of the ECB) - why couldn't the BOE? Yes it could! By most indications ...

Cuts to ASIC and ATO push industry to self-regulation

LAURA MILLAN  |  WEDNESDAY, 14 MAY 2014
Budget cuts to the Australian Securities and Investments Commission (ASIC) and the Australian Taxation Office (ATO) will force the industry to rely more on self-regulation. The budget is contemplating cuts of $142.8 million over the next three years ...