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

Search Results

Showing 771 - 780 of 1805 results for "Bill 2014"

Labor questions APRA independence

DARREN SNYDER  |  THURSDAY, 29 OCT 2015
The independence and role of Australia's financial regulator is under the spotlight after one of its senior officials briefed crossbench senators on proposed superannuation trustee legislation. Australian Prudential Regulation Authority (APRA) member ...

TWU attacks retail super funds over board governance

DARREN SNYDER  |  THURSDAY, 22 OCT 2015
The Transport Workers' Union (TWU) is calling on the federal government to abolish retail superannuation funds instead of bringing in changes which will "damage the high-performing industry super system." In a scathing statement about the debate on ...

Lost super costs young Aussies thousands

DARREN SNYDER  |  MONDAY, 19 OCT 2015
The Association of Superannuation Funds of Australia (ASFA) has said the non-payment of super by employers is potentially costing young Australians $14,000 per year in retirement savings. ASFA estimates $2.75 billion each year is being lost through ...

Government using super as "petri dish": Labor

DARREN SNYDER  |  FRIDAY, 16 OCT 2015
Labor's Jim Chalmers said the federal government sees superannuation as "some kind of petri dish for one ideological experiment after another" during a debate in federal parliament yesterday. The superannuation trustee governance bill won't be debated ...

Governance Institute pulls support for super bill

LAURA MILLAN  |  THURSDAY, 15 OCT 2015
The Governance Institute has pulled its initial support for the government's bill on superannuation fund boards and is now calling for it to be scrapped. "The process has become overly politicised to the detriment of genuine governance outcomes," a ...

ASFA supports SGC bill with increased ATO resources

DARREN SNYDER  |  THURSDAY, 15 OCT 2015
The Association of Superannuation Funds of Australia (ASFA) believes reducing the harshness of the super guarantee charge (SGC) should only occur if additional resources are provided to the Australian Tax Office (ATO). In its submission on the draft ...

New super Shadow Minister as PM acknowledges Labor's plans

DARREN SNYDER  |  WEDNESDAY, 14 OCT 2015
New Shadow Minister for Financial Services and Superannuation, Jim Chalmers, said he will build on Labor's proud record in superannuation and advance a "more resilient, fair and competitive financial system." Chalmers joined several first-term Labor ...

Monopolies offer best infrastructure returns: Lazard

MARK SMITH  |  TUESDAY, 13 OCT 2015
Investors looking for a more attractive risk-reward pay-off than the wider equity market should consider infrastructure companies with monopolistic businesses and revenue linked to inflation, according to Lazard. Warryn Robertson, portfolio manager ...

ISA calls out banks over fee structures

DARREN SNYDER  |  MONDAY, 12 OCT 2015
Australia's big four banks collect one third of all fees paid to superannuation funds totaling about $10 billion, according to research from Rainmaker Information commissioned by Industry Super Australia. The study found that the super industry drew ...

California pension giants must divest from coal

MARK SMITH  |  MONDAY, 12 OCT 2015
US pension fund giant CalPERS and CalSTRS must divest their positions in coal companies after a new bill was signed into law in California last week. California governor Edmund Brown announced the signing of the bill on his website. The move is in line ...