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Showing 751 - 760 of 1813 results for "Bill 2013"

FSC salutes choice reforms, ISA calls for more transparency

ALEX BURKE  |  FRIDAY, 18 MAR 2016
The Financial Services Council has applauded new legislation to widen default superannuation fund choice, while Industry Super Australia has said more MySuper fund transparency is required. FSC chief executive Sally Loane supported the Superannuation ...

Employer fiduciary responsibility could halve super fees

MARK SMITH  |  FRIDAY, 11 MAR 2016
Vanguard chairman and chief executive Bill McNabb believes the Australian superannuation system can learn a lot from the US and encourage employers to take a more active role in driving down fees paid by members. The global head of the specialist low ...

ANZ ready to fight ASIC over BBSW

MARK SMITH  |  MONDAY, 7 MAR 2016
ANZ has strongly rejected allegations of rate rigging by the Australian Securities and Investments Commission (ASIC). The regulator last week launched its legal case against the bank in the Federal Court in Melbourne for market manipulation of the bank ...

Labor wants stronger LIF rules

ALEX BURKE  |  FRIDAY, 4 MAR 2016
Legislation based on the Life Insurance Framework doesn't go far enough according to Shadow Minister for Financial Services and Superannuation, Jim Chalmers. Discussing the Corporations Amendment (Life Insurance Remuneration Arrangements) Bill 2016 ...

Parliament passes FoFA amendments

ALEX BURKE  |  THURSDAY, 3 MAR 2016
Several key amendments to the Future of Financial Advice reforms have been passed by parliament. The Corporations Amendment (Financial Advice Measures) Bill will extend the time allowed for advisers to provide opt-in renewal notices and fee disclosure ...

Unconstrained bond funds disappoint in 2015

MARK SMITH  |  WEDNESDAY, 24 FEB 2016
Many unconstrained bond funds failed to meet their benchmarks in 2015, according to research by Lonsec, reflecting a broader struggle for returns as volatility and bearish sentiment seized markets in the second half of the year. Unconstrained funds ...

Global market slide hits NZ Super Fund

ALEX BURKE  |  FRIDAY, 19 FEB 2016
The New Zealand Super Fund has released its performance report for January 2016, revealing a negative 3.57% return. The $28 billion sovereign wealth fund attributed this return to its weighting to growth assets - in particular its 65% allocation to ...

Another 6-9 months under Downunder

BENJAMIN ONG  |  THURSDAY, 18 FEB 2016
This is the picture of Australia painted by the latest Westpac-Melbourne Institute leading index of economic activity. The headline index fell to a reading of 97.13 in January from 97.17 in the previous month. This is the index's lowest level on record ...

Risks are overstated: AUI

MARK SMITH  |  FRIDAY, 5 FEB 2016
Some of the risks for the year ahead have been overstated and there are still plenty of opportunities to make good investments, according to Australian Unity Investments' joint venture asset managers. At a briefing in Sydney, Wingate Asset Management ...

Australia carbon reporting quality on the rise

ALEX BURKE  |  MONDAY, 1 FEB 2016
The quality of carbon reporting by Australian companies is higher on average than those in Europe, the Americas and relative to Asia-Pacific neighbours, according to KPMG research. The KPMG Corporate Responsibility Reporting Survey 2015 identified the ...