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Showing 8111 - 8120 of 8596 results for "SIM"

US defined benefit scheme shake-out continues

In a pre-emptive move to avoid the pension-related miseries of General Motors, US computer giant IBM announced it will close its defined benefit retirement scheme to new employees in favour of a 401(k) system. IBM is the latest of a raft of multinational ...

Fidelity drops their investment director

Fidelity Investments Australia (Fidelity) has dropped its investment director, Charles Wall, making the business-only role redundant with no plans of reprisal. The news, however, does not necessitate any reshuffle according to Fidelity's managing director ...

FSR changes usher era of less but better compliance

It took a long time but the proposed changes to the Financial Services Regulation (FSR), which promised to reduce the compliance burden on the industry while also being more consumer-friendly, were finally passed on as law this week. In a 10-page statement ...

IFSA get set to push product rationalisation

Product rationalisation is high on the agenda for IFSA next year, with estimates that if the reforms it suggests are successful it will save the industry between $120 million and $350 million a year in compliance costs. IFSA's December 2005 report outlines ...

Small cut in super taxes now will significantly cut future tax burden: ASFA

Abolishing the 15 per cent super contributions tax would add thousand of dollars to consumers' retirement benefits, while any tax revenue falls would be offset by the extra inflows adding to the earnings tax base. In fact, the benefit to the economy ...

Zurich to launch Life Risk Factory

Zurich Financial Services is to unveil a life risk insurance platform that will make it easier, cheaper and faster for people to get life insurance cover. Zurich's head of life risk Andrew McKee declined to give further comment on the proposed platform ...

First Choice tops $20b

Lower fees, shorter transaction turnarounds and client reporting times all helped FirstChoice finish the year with a record $20 billion in funds under management. "Our success has been built on a simple premise - we offer competitive fees, a focused ...

CARE for interactive education

CARE Super joins a growing list of super funds eager to raise financial literacy when it launched an interactive online e-seminar service on superannuation today. The educational tool is available through the fund's website and developed after the group's ...

ASIC launches consumer guide about planners

ASIC is stepping up its collaboration with the industry, with two new initiatives aimed at simplifying things for consumers. The first project is ASIC's co-release of a financial planner guide, prepared together the FPA. The regulator's second development ...

PSS and CSS drink up their Brandywine

The Public Sector and Commonwealth Super (PSS and CSS) funds have awarded a near half a billion dollar mandate to Brandywine Asset Management for their fixed income allocation. Brandywine will be the PSS/CSS funds' fourth fixed interest manager alongside ...