Shorten reins in employer involvement in default superBY MELANIE TIMBRELL | THURSDAY, 23 AUG 2012 11:45AMMinister for Financial Services Bill Shorten has been accused of 'gazumping' the Productivity Commission inquiry into default super by moving to head off options that would give employers more choice in fund selection. |
Editor's Choice
QIC splashes $32m on PEP acquisition
|Queensland Investment Corporation (QIC) spent $32 million to back Pacific Equity Partners' (PEP) acquisition of ATOM Group, an industrial and safety goods distributor.
Lazard enters local ETF industry with infra offering
|Lazard Asset Management is now offering ETFs in Australia, kicking off with a global listed infrastructure active ETF.
Performance test covers managed accounts, SMAs: APRA
|The prudential regulator is reminding trustees that managed accounts and separately managed accounts (SMAs) are high on its radar when administering the performance test.
Most in-demand skills for financial services workers
|Perceptor data has revealed the state of financial services salaries in its most recent review.
Further Reading
Sponsored by | Know the facts about lifetime annuitiesSaving for a happy retirement is Australia's #1 financial goal. Learn how LifeIncome can deliver more income, certainty, & choice. |
Products
Featured Profile
Jason Huljich
JOINT CHIEF EXECUTIVE OFFICER
CENTURIA CAPITAL LIMITED
CENTURIA CAPITAL LIMITED
A single decision can change your life, and that's exactly what Centuria Capital joint chief executive Jason Huljich learned when he came to Australia in the 1990s. Eliza Bavin writes.
The Treasury and DEEWR joint submission makes no mention of the integrity of the government nor the minister. Just as well.
For a very slow moving government so slow at making anything happen, they sure are incredibly fast in short(en) circuiting anything that could threaten the strong hold of unions on member funds. I just wonder if it might have anything to do with FUMs?