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

Search Results

Showing 781 - 790 of 1358 results for "Retiree"

Plato fund highly rated by SQM

MARK SMITH  |  TUESDAY, 15 MAR 2016
The Plato Global Shares Income Fund has been given a 4 1/4 stars rating from independent research company SQM. SQM said the rating reflects the "highly qualified and deeply experienced portfolio management team" and the "specific dividend capture strategy ...

Actuaries re-enter super housing debate

DARREN SNYDER  |  MONDAY, 14 MAR 2016
Unlocking wealth from the family home as a means to fulfill a greater retirement has again entered the public discourse. The Actuaries Institute has released a paper today that backs previous research suggesting the family home is not only a place to ...

Industry reacts to super objective

ALEX BURKE  |  THURSDAY, 10 MAR 2016
Industry commentators have come out broadly in support of the discussion paper outlining the formal objective of Australia's superannuation system released yesterday. Financial Services Council chief executive Sally Loane said the move to formalise ...

Mercer issues super fund imperatives

DARREN SNYDER  |  THURSDAY, 3 MAR 2016
A superannuation industry consultant believes that in 2016, fund investment strategies will need to have a stronger focus on individual members with tailored asset allocations based on demographics. As part of a wide-ranging paper that addresses Mercer's ...

US resistance to DOL fiduciary rule gathers pace

ALEX DUNNIN  |  WEDNESDAY, 2 MAR 2016
Momentum is building against the US Department of Labor's (DOL) proposed fiduciary rule for retirement advisers with House Speaker Paul Ryan now joining the critics. The DOL has been working on expanding the fiduciary obligation since the GFC when millions ...

Financial services adding more to economy than mining

MARK SMITH  |  FRIDAY, 26 FEB 2016
Financial services contributed more to the economy than any other industry in the 12 months to 30 September 2015, according to a joint Financial Services Council (FSC) and UBS report. Figures in the second annual State of the Industry Report show that ...

Treasurer hints at super concession adjustments

MARK SMITH  |  FRIDAY, 19 FEB 2016
Treasurer Scott Morrison has given the clearest indication yet that tax incentives in superannuation will be adjusted when it announces the result of its tax and spending review shortly, especially for very high earners. Speaking to an audience of industry ...

Annuity sales growth drive up Challenger 1H16 profit

ALEX BURKE  |  TUESDAY, 16 FEB 2016
Continuing growth in annuity sales has driven Challenger's 1H16 after-tax profit up 18% on 1H15 to $182 million. Challenger chief executive Brian Benari argued that a significant factor in this was annuity sales driven by interest in Comprehensive Income ...

Actuaries Institute asks for FSI to be implemented

MARK SMITH  |  MONDAY, 15 FEB 2016
The Actuaries Institute has called for the government to quickly implement policy proposals that will encourage innovation in retirement income stream products in its pre-Budget submission. The institute restated the proposals it made to the Financial ...

Industry bodies attack SG freeze speculation

MARK SMITH  |  FRIDAY, 5 FEB 2016
Associations representing the superannuation industry have railed against speculation the government is considering freezing scheduled increases to the super guarantee (SG). The Association of Superannuation Funds of Australia (ASFA) said the move would ...