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Showing 801 - 810 of 1613 results for "Prudent"

Put your tax return in to super

DARREN SNYDER  |  FRIDAY, 21 AUG 2015
... government," Cahill said. "It is impossible to predict the state of government finances in the future so people would be prudent to take their retirement in their own hands."

Super governance changes questioned

DARREN SNYDER  |  THURSDAY, 20 AUG 2015
The federal government's focus on accountability around conflicting interests in superannuation boards has been described as "curious" by lawyers reviewing proposed super governance legislation. A paper prepared by Hall and Wilcox Lawyers for the Australian ...

New draft super governance standards released

MARK SMITH  |  WEDNESDAY, 19 AUG 2015
The government has clarified uncertainty around the word 'independent' in its draft super governance legislation and agreed to a flexible transition period following consultation with stakeholders on new standards. In June, the Government released exposure ...

Super outstrips other channels in disability risk profits

MARK SMITH  |  WEDNESDAY, 19 AUG 2015
The profitability of disability income insurance within superannuation is outstripping comparable insurance products sold directly. The latest quarterly statistics from the Australian Prudential Regulation Authority (APRA) show that both the super and ...

Challenger's $300m profit and new product

DARREN SNYDER  |  TUESDAY, 18 AUG 2015
On top of announcing its $300 million profit for the last financial year, Challenger has launched a new product aiming to provide financial certainty for retirees in aged care. Releasing Challenger's full year results today, chief executive Brian Benari ...

Capital raising not total solution: CIFR

DARREN SNYDER  |  THURSDAY, 13 AUG 2015
A study from the Centre for International Finance and Regulation (CIFR) suggests that on top of banks increasing capital, more can be done to improve their financial stability. The study says in addition to banks increasing capital, compensation structures ...

CBA profit tops $9 billion

DARREN SNYDER  |  WEDNESDAY, 12 AUG 2015
Commonwealth Bank recorded a $9.1 billion cash profit in the last financial year with its wealth management arm the only division to see a profit drop. The bank's total cash profit was a 5.3% increase on the previous year yet its wealth management profits ...

Super board changes ignore past lessons: Bowen

DARREN SNYDER  |  FRIDAY, 7 AUG 2015
Federal Shadow Treasurer Chris Bowen believes proposed governance changes to superannuation fund boards ignore the lessons learnt from the HIH disaster. Speaking at the Financial Services Council annual conference, Bowen quoted Justice Neville Owen ...

OneVue appoints two executives

ALEX BURKE  |  WEDNESDAY, 5 AUG 2015
OneVue has made two senior appointments from Nikko Asset Management and BNP Paribas. Craig Giffin joins as head of compliance, legal and responsible entity services. Prior to OneVue, he held roles at Nikko Asset Management, Fortis Investments and ABN ...

Indian economy accelerating/slowing

BENJAMIN ONG  |  WEDNESDAY, 5 AUG 2015
... explanation for maintaining interest rates at current settings, "Given that policy action was front-loaded in June, it is prudent to keep the policy rate unchanged at the current juncture while maintaining the accommodative stance of monetary policy." ...