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Showing 71 - 80 of 194 results for %22White House%22

Super members should face "better off test"

DARREN SNYDER  |  TUESDAY, 4 OCT 2016
... their employer's choice of fund. The push comes as an annual review of Australia's four major banks begins at Parliament House today. Review chair, David Coleman MP, said: "The hearings will provide an opportunity to scrutinise the banks on how they ...

Report outlines impact of MDA operation reforms

JAMIE WILLIAMSON  |  WEDNESDAY, 21 SEP 2016
MDA operator Managed Accounts Holdings (MGP) has released a white paper detailing the potential consequences of pending regulatory reform to the operation of managed accounts. The report, entitled 'The limited discretion clock is ticking', highlights ...

Economic Wrap

ALEX DUNNIN  |  FRIDAY, 22 JUL 2016
... mortgage borrowers aged 18-34 have been late with mortgage payments. African Americans were found to be twice as likely as white Americans to borrow money from pawn shops or pay day lenders. Regardless of the study's depressing results, the FINRA Investor ...

US Senate votes down adviser fiduciary rule

ALEX DUNNIN  |  TUESDAY, 31 MAY 2016
... to act in the clients' best interests and limit conflicted remuneration payments has been championed by the Obama White House since the GFC but has proved controversial stirring up heated resistance from a chorus of industry bodies who stood to lose ...

Aussie economy rebalancing okay

DARREN SNYDER  |  THURSDAY, 4 FEB 2016
... through until early 2017. That will support employment, that will support manufacturing, that will support brown goods and white goods and things we intend to put in new construction." However Haslem said there were some reasons to be cautious about ...

Life insurance claims revamped at industry fund

DARREN SNYDER  |  TUESDAY, 1 DEC 2015
... do to improve the experience for members is going to be welcome," Phillips said. Sunsuper manager member benefits Amalie White said the company paid out more than $300 million in insurance claims each year ensuring thousands of Australians were supported ...

Retail super members gouged by $7.1bn: ISA

DARREN SNYDER  |  TUESDAY, 1 DEC 2015
... that in the past decade bank-owned super fund members have been gouged by about $7.1 billion for above market fees to in-house suppliers. The estimate was released hours before the Senate will hold its final debate on the superannuation trustee governance ...

FEATURE: Reshaping insurance

ALEX BURKE  |  THURSDAY, 22 OCT 2015
... community. As Australian Institute of Superannuation Trustees executive manager business and operations services Maryann Mannix-White noted at the same event, "The cost of underinsurance to the government is more than $1.5 billion. Eighty-three per cent ...

Asia: Between fortune and fate

LAURA MILLAN  |  WEDNESDAY, 26 AUG 2015
... benefits of the parent company, including governance and transparency." Is now the right time to get into Japan? A recent white paper by BNY Mellon analyses a scenario where four of the world's biggest economies - the US, China, India and Japan - "stop ...

Internalisation has gone the full circle say CIOs

DARREN SNYDER  |  FRIDAY, 5 JUN 2015
... and a number of industry funds are doing it in a large way," Merlicek said. He believes internalisation is not "black and white" but is increasing in the industry, driven by fees and MySuper. Merlicek said IOOF do direct property in house, some cash ...