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Showing 9251 - 9260 of 19601 results for "RIS"

RBNZ cuts rates, biased towards further easing

BENJAMIN ONG  |  THURSDAY, 10 MAR 2016
It was unexpected but not a total surprise. The Reserve Bank of New Zealand (RBNZ) cut the official cash rate by 25 basis points to 2.25% contrary to consensus expectations that the New Zealand central bank will keep interest rates unchanged after this ...

Advisers looking for longevity and aged care solutions

ALEX BURKE  |  WEDNESDAY, 9 MAR 2016
Aged care and longevity risk in retirement planning are becoming key concerns for financial advisers, as demonstrated by the first Challenger Financial Standard Technical Services Forum. Challenger head of technical services Andrew Lowe spoke first ...

Wilson AM commits to Pledge 1% philanthropy movement

MARK SMITH  |  WEDNESDAY, 9 MAR 2016
Wilson Asset Management has joined Pledge 1%, a global corporate philanthropy movement that commits to donating 1% of product, 1% of equity, or 1% of employee time to improve communities around the world. Speaking at the Nexus Australia Youth Summit ...

Fraser Review compounds board independence impasse

DARREN SNYDER  |  WEDNESDAY, 9 MAR 2016
If no government is brave enough to mandate one-third independent directors on superannuation boards then funds should at least be accountable to members for their hires via an industry-wide governance code. This view is a key theme from responses to ...

Future Generation LIC appoints CEO

DARREN SNYDER  |  TUESDAY, 8 MAR 2016
The ASX-listed Future Generation Investment Company has appointed Louise Walsh as chief executive for a three-year term. Walsh is already chief executive at the Future Generation Global Investment Company, which is also ASX-listed, and is highly regarded ...

Managed fund allocations jump

MARK SMITH  |  MONDAY, 7 MAR 2016
Self-managed super fund allocations to managed funds have jumped to record levels while fewer investors are holding shares directly, according to data OneVue has pulled from its SMSF platform. OneVue's survey for the December 2015 quarter found that ...

ANZ ready to fight ASIC over BBSW

MARK SMITH  |  MONDAY, 7 MAR 2016
ANZ has strongly rejected allegations of rate rigging by the Australian Securities and Investments Commission (ASIC). The regulator last week launched its legal case against the bank in the Federal Court in Melbourne for market manipulation of the bank ...

Retirement income goal would solve super's issues: CSRI

DARREN SNYDER  |  MONDAY, 7 MAR 2016
An agreed income goal for Australia's retirement system would solve issues around superannuation's taxes and default schemes, as well as its cost and efficiency. This is the view in a new discussion paper by the Committee for Sustainable Retirement ...

New framework for in-house investing

DARREN SNYDER  |  MONDAY, 7 MAR 2016
The Centre for International Finance and Regulation (CIFR) has developed a framework for superannuation funds and other asset owners to implement in-house investment management. The framework is included in CIFR's latest research which argues members ...

T+2 settlement arrives on Monday

DARREN SNYDER  |  FRIDAY, 4 MAR 2016
From Monday both the Australian and New Zealand securities exchanges will roll out T+2 settlement periods, meaning share market trades will settle one business day earlier than the current three day process. The move is expected to align both countries ...