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Showing 81 - 90 of 95 results for "Cooper Review 2010"

... and transparency strategy to benefit Aussie funds

RUTH LIEW  |  MONDAY, 18 JAN 2010
Three leading placement agents in Australia have filed a joint submission to the Cooper Review, stressing that the system in Australia is more transparent and markedly different to the US. The California Public Employees' Retirement System, one of the ...

Super funds back trustee pay disclosure

MICHELLE BALTAZAR  |  WEDNESDAY, 16 DEC 2009
Three leading super funds have supported calls for the industry to disclose executive pay the same way listed companies do, following the release of the Cooper report that asked whether super funds should adopt the same corporate governance rules as ...

Planners locked out of SMSFs

MICHAEL HOBBS  |  WEDNESDAY, 16 DEC 2009
A fee for service model for SMSFs could result in a segment of financial planners locked out of the fastest growing superannuation sector. The Cooper Review's Phase Three - Issues Paper raises the financial planning remuneration issue and questions ...

SMAs to turbocharge SMSFs

MICHELLE BALTAZAR  |  TUESDAY, 15 DEC 2009
The Cooper Review highlights separately managed accounts (SMAs) as an appealing platform for SMSFs, and has challenged the industry to come up with fresh answers on how SMAs can be adopted widely. The issues paper released yesterday highlighted the ...

Cooper Review calls for SMSF structure overhaul

MICHAEL HOBBS  |  TUESDAY, 15 DEC 2009
The Cooper Review has challenged the SMSF sector on how it deals with illegal early release schemes, the credentials of accountants and financial planners that offer advice to SMSFs and whether certain financial assets currently allowed should be banned. ...

Members to benefit from standard risk labels: ASFA

MICHELLE BALTAZAR  |  MONDAY, 14 DEC 2009
Many super fund trustees are supporting the idea of applying standardised risk labels to all their member investment choices, a move that will help fund members better understand the risk they take when switching from one option to the next. ASFA chief ...

Planners brace for fiduciary revolution

ALEX DUNNIN  |  TUESDAY, 24 NOV 2009
The financial planning industry's worst nightmare is about to come true with the Ripoll Report recommending advisers become fiduciaries, payments from product providers to planners should cease and that ASIC significantly step up its shadow shopping ...

Giant leap for super advice

MICHELLE BALTAZAR  |  TUESDAY, 17 NOV 2009
Seven of the country's largest fund managers, including AMP, BT and CFS, have ratified a bold, new IFSA Superannuation Charter - heralding a new culture where consumers, not the planners, dictate the fees paid on superannuation advice. More than 135 ...

SMSFs not exempt from tough reviews: Bowen

RUTH LIEW  |  FRIDAY, 13 NOV 2009
Minister of superannuation Chris Bowen said self-managed super funds will not be exempt from strong government scrutiny - as the government cracks down on the sector's accountability, efficiency and governance issues. Speaking at the ASFA conference ...

Cooper stalls APRA data review

ALEX DUNNIN  |  TUESDAY, 10 NOV 2009
The launch of the Cooper Review has done what 18 months of lobbying by retail interest groups and dozens of academic and rebuttal papers couldn't - it forced a halt to APRA's review of its superannuation statistics. In a statement issued late last week ...