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Showing 741 - 750 of 2377 results for "States"

Fiduciary rule introduced in United States

JAMIE WILLIAMSON  |  TUESDAY, 13 JUN 2017
Financial advisers in the United States are now required to act in the best interests of clients in a bid to prevent the US$17 billion lost by retirement savers each year. Last Friday, the US Department of Labor partially introduced the impartial conduct ...

ASIC launches LIF instrument

KARREN VERGARA  |  TUESDAY, 6 JUN 2017
... Arrangements Act passed by Parliament in February. The law, which extends to the direct sale and marketing of life insurance states commissions, will be capped at 60% of the premium in the first year of the policy from 1 January 2020, with a maximum ...

Super funds condemn Trump climate withdrawal

ALEX BURKE  |  FRIDAY, 2 JUN 2017
... administration was "putting American jobs first," adding: "Our government rushed to join international agreements where the United States pays the costs and bears the burdens while other countries get the benefit and pay nothing." Trump said the US was ...

Fed trumps Trump

BENJAMIN ONG  |  THURSDAY, 25 MAY 2017
... This is because "Many participants continued to view the possibility of expansionary fiscal policy changes in the United States as posing upside risks to their forecasts for U.S. economic growth..." Yes, Trump could provide that extra oomph but the FOMC's ...

Financial advice cannot be a quick-fix: Stackpool

JAMIE WILLIAMSON  |  WEDNESDAY, 24 MAY 2017
... financial product is a 'quick-fix', nor is it 'valuable advice'", Certainty Advice Group managing director Jim Stackpool states in a new white paper. "While accessible, easy apps for your quick ride, your pizza delivery, and your online shopping work ...

A one-handed clap for ScoMo's Budget

BENJAMIN ONG  |  TUESDAY, 23 MAY 2017
... This presents a negative indication for consumer sentiment and consumer spending. As the "permanent income hypothesis" states, consumer spending depends on workers' expectations of the permanency of their current and future incomes - full-timers' income ...

Insurance counteracting ageing population risks

KARREN VERGARA  |  FRIDAY, 19 MAY 2017
... significant role to play in this emerging sector of ageing. Macro trends show populations are getting older and support from the states are declining, Higginbotham said, but insurance's ability to support successful ageing is part of a wider ecosystem. ...

Banks hoping to stall new tax

JAMIE WILLIAMSON  |  TUESDAY, 16 MAY 2017
... also proposes that the levy be set at a fixed rate and designed so it can be set to zero at the right time. The submission states: "It must not vary year by year according to the Budget deficit or be viewed as a soft option for future tax increases ...

Industry fund wins stake in Endeavour Energy

EMMA RAPAPORT  |  FRIDAY, 12 MAY 2017
... energy providers including Collgar Wind Farm (WA), PowerCo (NZ dual-energy distributor) and Capistrano Wind in the United States. The transaction delivered $7.624 billion to the NSW government in gross proceeds, which Premier Gladys Berejiklian says ...

Government trials social impact investments

KARREN VERGARA  |  THURSDAY, 11 MAY 2017
... private sector, to establish a social impact investment market. The social investing experiment, in conjunction with the states and territories, will allocate $12.2 million over 10 years starting July 2017 to test social impact investing initiatives. ...