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Showing 951 - 960 of 1941 results for "SAFE"

CBA to demerge CFS, mulls further CommInsure sell-off

JAMIE WILLIAMSON  |  MONDAY, 25 JUN 2018
... to CBA's focus on customers' financial wellbeing and we will deliver that through a new model for advice that is safe, simple and scalable." CFS Group offers investors a company with a strong earnings base, with pro forma 2017 NPAT of about $500 ...

Super industry critiques PC draft report

KARREN VERGARA AND STEPHEN FAY  |  WEDNESDAY, 20 JUN 2018
Influential superannuation industry stakeholders had the opportunity to respond to the Productivity Commission's draft report at a public hearing held in Sydney this morning. Challenger retirement income chair Jeremy Cooper said he welcomed Draft ...

Chief economist update: Submerging markets

BENJAMIN ONG  |  TUESDAY, 19 JUN 2018
... rising short rates because of the rate hikes (and expectations for more) and a smaller lift in the long-term yields because of safe-haven buying, I questioned why investors would be buying safety instead of risk assets. More so, given the Fed's optimistic ...

New campaign combats elder financial abuse

KARREN VERGARA  |  MONDAY, 18 JUN 2018
... to establish a standardised power of attorney order across state and territories, with an online register and a designated safe place to report suspected abuse, she said. Bligh said the agreement by the nation's top lawmakers on June 8 to identify options ...

Chief economist update: Fed flattens the yield curve

BENJAMIN ONG  |  THURSDAY, 14 JUN 2018
... Fed chairman claims that short term rates are rising because of the hikes and the smaller lift in the long-term yields to safe-haven buying. Say what? The Fed projects good growth going over at least the next three years and investors are buying safety ...

Best-in-show funds pose pressing issues for advisers

KARREN VERGARA  |  WEDNESDAY, 13 JUN 2018
... create consistency in the advice provided to clients. It would also, hopefully, provide advisers with a more clearly defined safe harbour than is now the case," he said. But there are a number of drawbacks to this approach, Lavery said. "When it is known ...

Super scorecard to shift consumer playing field

DARREN SNYDER  |  THURSDAY, 31 MAY 2018
An independent think tank is launching a sustainable retirement scorecard as a self-assessment tool for superannuation funds to benchmark performance in managing members' retirement. The Committee for Sustainable Retirement Incomes (CSRI) is introducing ...

Productivity Commission addresses superannuation lottery

DARREN SNYDER  |  TUESDAY, 29 MAY 2018
The Productivity Commission recommends an independent review of insurance in superannuation; that Australians enter default super once; and that super funds disclose trailing financial adviser commissions. These are a few of the 22 recommendations in ...

Government consults on super access for victims of crime

JAMIE WILLIAMSON  |  MONDAY, 28 MAY 2018
... claw-back irregular superannuation contributions made by criminals. To ensure superannuation accounts cannot be used as a safe haven by criminals to protect their assets, Minister for Revenue and Financial Services Kelly O'Dwyer released two draft proposals ...

Age Pension needs national objective: Actuary

DARREN SNYDER  |  TUESDAY, 22 MAY 2018
Actuary Michael Rice believes there should be a national objective for the Age Pension and the Federal Government could consider setting a combined target for Age Pension and aged care costs as a percentage of GDP. These are two of several policy initiatives ...