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Showing 81 - 90 of 214 results for "Basel"

Actuaries develop retiree rule of thumb

HARRISON WORLEY  |  THURSDAY, 7 NOV 2019
A group of actuaries have answered the calls of retirees looking for a simpler way to determine how much money they should draw out of their savings in retirement, developing a new three-part rule of thumb. The Rule of Thumb Working Group has developed ...

APRA opens margin requirement talks

HARRISON WORLEY  |  THURSDAY, 15 AUG 2019
... global decision to delay the final implementation phase for margin requirements by one year to 1 September 2021. After the Basel Committee on Banking Supervision (BCBS) and the International Organisation of Securities Commissions (IOSCO) clarified the ...

Industry funds could solve energy crisis: ISA

HARRISON WORLEY  |  TUESDAY, 25 JUN 2019
Industry superannuation funds believe they hold the key to unlocking Australia's energy crisis. Peak industry superannuation body Industry Super Australia today released a new discussion paper calling for industry funds to take a leading hand in ...

Chief economist update: Fed plans for Trump contingency

BENJAMIN ONG  |  THURSDAY, 20 JUN 2019
The Fed's decision to maintain current policy settings at the conclusion of last night's FOMC meeting doesn't make for much except for self-congratulations and back-patting. What matters more is the forward guidance implicit in the FOMC ...

Younger HNWs splashing on art

KANIKA SOOD  |  WEDNESDAY, 13 MAR 2019
... UBS report. Millennials accounted for almost half of the total high end spending on art in 2017, according to the 2018 Art Basel and UBS Global Art Market Report. The trend was particularly prominent in Asian markets. While the average respondent to ...

One small step for responsible investment sees one giant leap for Man Group

DARREN SNYDER  |  WEDNESDAY, 19 DEC 2018
Global active manager Man Group can now quantify the degree of responsible investment focus across its entire suite of funds. It adds clarity for institutional investors demanding greater ESG transparency. The $158 billion (US$114bn) investment manager's ...

Miscalculations delay remediation, more issues emerge: AMP

JAMIE WILLIAMSON  |  WEDNESDAY, 28 NOV 2018
AMP has issued a clarifying statement following interim chief executive Mike Wilkins' testimony to the Royal Commission that the fees-for-no-service issue was initially expected to cost $1.2 billion and take nine years to remedy. He also flagged ...

Chief economist update: Is TLTRO III coming?

BENJAMIN ONG  |  TUESDAY, 27 NOV 2018
Minutes of the European Central Bank's (ECB) 24-25 October Governing Council meeting confirmed that it remains on track to end its net asset purchases - currently at a monthly pace of €15 billion - by the end of December 2018. No probs here. We've ...

Superannuation must catch up to gig economy

DARREN SNYDER  |  WEDNESDAY, 31 OCT 2018
The chief executive at one of Australia's biggest wealth managers said he is troubled by adequacy issues in Australia's $2.7 trillion superannuation system, suggesting it be overhauled. Mercer Australia chief executive Ben Walsh told an industry breakfast ...

Don't use multiple SMSFs to dodge tax: ATO

KANIKA SOOD  |  FRIDAY, 21 SEP 2018
Self-managed super fund trustees are using multiple SMSFs to manipulate tax outcomes, Australian Taxation Office deputy commissioner superannuation James O'Halloran said in his speech to the National SMSF Conference in Melbourne. The ATO believes 13,600 ...