Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 6281 - 6290 of 10709 results for "May 1997"

SPAA defends status quo on SMSF regulation

JAMES FERNYHOUGH  |  TUESDAY, 10 DEC 2013
The self-managed superannuation super (SMSF) sector is not being poorly regulated, according to SMSF Professionals' Association of Australia (SPAA) chief executive Andrea Slattery. Slattery's comments came in response to a recent survey in which around ...

APRA issues draft group insurance PPG

ALEX DUNNIN  |  TUESDAY, 10 DEC 2013
APRA has written to life insurance chief executives announcing a new draft Prudential Practice Guide (PPG) for how they should handle operational and business issues and risks surrounding group insurance sold to super funds. The regulator said the PPG ...

Expected retirement age slowly going up

ALEX DUNNIN  |  TUESDAY, 10 DEC 2013
Despite the policy push for increasing the retirement age, most Australians are still retiring in their early fifties even though more future retirees expect to have to keep working beyond age 70. The average age of retirement in Australia in 2012-13 ...

Insto investors urged to challenge private equity ethics

MARK SMITH  |  TUESDAY, 10 DEC 2013
Institutional investors should update their environmental, social and governance (ESG) standards to limit investment in private equity firms that make use of the controversial leveraged buy-out (LBO) strategy, according to social policy network Catalyst. ...

"Boring" hedge funds shake gung-ho reputation

MARK SMITH  |  MONDAY, 9 DEC 2013
A decline in overall hedge fund returns relative to the wider equity market in the wake of the global financial crisis reflects a change in the demands of sophisticated investors, and is not a sign that alternatives are becoming less attractive, according ...

High frequency trading improves market fairness

MARK SMITH  |  MONDAY, 9 DEC 2013
High frequency traders (HFTs) improve market fairness by reducing end-of-day price dislocation, new research from the Capital Markets Cooperative Research Centre (CMCRC) has found. CMCRC examined data from 22 exchanges from around the world, from 2003-2011 ...

Pension uncertainty for municipal workers in Detroit

HARRY PAGE  |  FRIDAY, 6 DEC 2013
Municipal workers in Detroit may face losing their pensions as the city copes with its $18 billion debt crisis. According to Bloomberg News a federal judge has ruled that Detroit, the largest U.S. city to file for bankruptcy protection, may cut police ...

APRA releases final SuperStream reporting standards

JAMES FERNYHOUGH  |  THURSDAY, 5 DEC 2013
The Australian Prudential Regulation Authority (APRA) has released the final version of its Reporting Standards SRS 711.0 for SuperStream Benchmarking Measures, relating to the rollover and contribution transactions of super funds. In a letter sent ...

Industry and retail fund mergers on the cards

JAMES FERNYHOUGH  |  WEDNESDAY, 4 DEC 2013
As the pressure on superannuation funds to merge increases, large industry funds may start looking to retail funds for merger opportunities, according to DST Global Solutions head of business development Rhys Octigan. Octigan said that technological ...

How green are 'green funds'?

JAMES FERNYHOUGH  |  WEDNESDAY, 4 DEC 2013
Superannuation funds offering 'green' or 'sustainable' investment options may be misleading their members, with big polluters often topping the holdings lists. The top holding in AustralianSuper's Australian sustainable fund (managed by Perpetual) is ...