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Showing 741 - 750 of 975 results for "Essential+"

Actuaries Institute demands long term policy focus

ALEX BURKE  |  MONDAY, 23 MAR 2015
The Actuaries Institute recommended increased policy focus on retirement income in its final FSI submission. The submission emphasised the issue of existing regulatory barriers to improving Australia's retirement income system, arguing that a legislative ...

IFM acquires US$5.7 billion highway

ALEX BURKE  |  THURSDAY, 12 MAR 2015
IFM Investors has acquired 100% of the Indiana Toll Road Concession Company (ITRCC), which operates the Indiana Toll Road (ITR), for US$5.7 billion. The ITR spans northern Indiana to the Illinois state line and runs for 253 km. It connects highways ...

Super governance at centre stage

ANDREW BRAGG, FSC DIRECTOR OF POLICY AND GLOBAL MARKETS  |  WEDNESDAY, 11 MAR 2015
2015 has already been a bumper year in financial services policy with super front and centre. Reforms to improve superannuation governance, competition and transparency appear to be the first cab off the rank. These reforms look likely to occur in a ...

Retail super bounces back

STAFF WRITER  |  THURSDAY, 5 MAR 2015
The SelectingSuper MySuper (ie Workplace) rolling 12 month performance index made a remarkable recovery during January as it surged 320 basis points to reach 11.5%, with retail MySuper products stretching their short term segment lead to 0.7%. Three ...

Super not "a top-up" for Age Pension: FSC

LAURA MILLAN  |  THURSDAY, 26 FEB 2015
Superannuation should no longer be considered "a top-up" for the Age Pension and the tax treatment of super debate can't be brought up in isolation, the Financial Services Council (FSC) chief executive Sally Loane said in her inaugural speech. "The ...

CBA dangles carrot to roll customers into Essential Super

MARK SMITH  |  FRIDAY, 13 FEB 2015
Commonwealth Bank (CBA) is incentivising its banking customers to roll their lost super accounts into its Essential Super product by offering them the chance to win one of 10 $500 vouchers for Coles and Myer. The bank is writing to customers to let ...

Performance competition returning to default super

STAFF WRITER  |  THURSDAY, 12 FEB 2015
The SelectingSuper MySuper rolling 12 month performance index holding steady on 8.3% during October to December masks something more subtle - the return of performance competition into superannuation and the strong debut of life stage investing. SelectingSuper's ...

FSI proposal to ban LRBAs "draconian"

LAURA MILLAN  |  THURSDAY, 12 FEB 2015
The Financial System Inquiry (FSI)'s recommendation to ban limited recourse borrowing arrangements (LRBAs) is "a draconian move that we need to reflect on," the Association of Financial Advisers (AFA)'s chief operating officer Phil Anderson said. "LRBAs ...

Baby boomers should be wary of generic advice

ALEX BURKE  |  TUESDAY, 3 FEB 2015
The average baby boomer's financial plan is too generic and risky due to overexposure to growth assets, a Centre for International Finance and Regulation (CIFR) study has found. The CIFR study examined common Australian financial advice methods to determine ...

Industry waiting on Frydenberg for adviser education guidance

LAURA MILLAN  |  MONDAY, 19 JAN 2015
The financial services industry is waiting on newly-appointed Assistant Treasurer Josh Frydenberg to make public the government's position on the Senate inquiry into adviser education standards. Financial Planning Association (FPA) general manager of ...