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Superannuation

More reform through reviews: Bowen

BY RUTH LIEW | THURSDAY, 6 AUG 2009 12:00PM

Industry associations and financial services firms should not view the upcoming Henry and Cooper reviews with trepidation but rather as opportunities to improve the current system, said Chris Bowen, minister for financial services, superannuation and corporate law.

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Editor's Choice

APRA investigating Diversa's executive compensation

RIDDHIMA TALWANI

APRA has commenced an investigation into if Diversa's executive remuneration decisions were made in accordance with prudential standards and trustees' duties under the Superannuation Industry (Supervision) Act.

Kudu continues Australian expansion with fresh investment

MATTHEW WAI

Kudu Investment Management has acquired a minority stake in a Sydney-based financial advisory business mere days after an identical transaction with Drummond Capital Partners.

Apex takes on Mercer's NZ fund admin business

VINNY VUCAGO

Apex Group has expanded its presence in New Zealand, agreeing to onboard Mercer New Zealand's fund administration operations as part of its broader growth strategy across Australasia.

Aware Super ups stake in retirement village asset

RIDDHIMA TALWANI

Aware Super has increased its ownership in Keyton, Australia's largest owner and operator of retirement villages, to 75% by acquiring Lendlease's interest of 25.1%.

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