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Showing 10171 - 10180 of 18128 results for "superannuation"

DB schemes decline post-GFC

JAMES FERNYHOUGH  |  TUESDAY, 17 SEP 2013
Uncertainty in the wake of the global financial crisis has accelerated the move away from defined benefit (DB) retirement schemes, and towards defined contribution (DC) schemes, according the 2013 Create survey. The survey, which included responses ...

TOWER announces $70 million special dividend

JAMES FERNYHOUGH  |  TUESDAY, 17 SEP 2013
ASX-listed New Zealand insurer TOWER plans to return an initial $70 million of capital to shareholders following the sale of its life insurance business in May this year. TOWER sold the majority of its life insurance to business to fellow Kiwi life ...

Industry agrees: SMSFs are not for everyone

LAURA MILLAN  |  TUESDAY, 17 SEP 2013
... Investments Commission (ASIC) consultation paper asking for better regulation for establishing and advising self-managed superannuation funds (SMSF). "The announcement by ASIC today is consistent with SMSF Professionals' Association of Australia (SPAA) ...

Hockey to head Treasury and Cormann Finance

LAURA MILLAN  |  MONDAY, 16 SEP 2013

ASIC questions SMSF advice in proposed guidance

LAURA MILLAN  |  MONDAY, 16 SEP 2013
... Securities and Investments Commissions (ASIC) has called into question the quality of advice given to self-managed superannuation funds (SMSF) investors in proposed guidance the regulator released today. "There is a need to improve the disclosure of ...

Super members want 12% guaranteed super increase

JAMES FERNYHOUGH  |  MONDAY, 16 SEP 2013
... survey found the 83% of the 1,000 respondents supported the lift in contributions, while 89% supported compulsory superannuation in general. FSC chief executive John Brogden said: "This is sound evidence that our superannuation system is working well ...

AustSuper backs away from SYD takeover

JAMES FERNYHOUGH  |  MONDAY, 16 SEP 2013
Sydney Airport has become too expensive for pension funds, with a consortium of international funds led by AustralianSuper reportedly backing away from a takeover bid. Demand for good infrastructure has paid off for Sydney Airport shareholders over ...

SMSFs show appetite for direct overseas shares

MARK SMITH  |  MONDAY, 16 SEP 2013
... investors. According to recent data from Investment Trends, SMSFs have grown to around 32% of the total assets in the superannuation industry, making the segment the biggest pot of superannuation dollars in the market. Skaffold Global provides analyses ...

Link grows empire with Syncsoft swallow-up

JAMES FERNYHOUGH  |  MONDAY, 16 SEP 2013
Link Group has expanded its superannuation administration empire with the acquisition of software provider Syncsoft. Through its Capital product, Syncsoft provides software to superannuation funds which carry out administration in-house, including industry ...

Bracks back on Cbus board

LAURA MILLAN  |  FRIDAY, 13 SEP 2013
... was and is the strongest person to lead the Board," the board said. "At a time of persistent change within the superannuation sector, Cbus is pleased to have the Hon Steve Bracks AC back as its Chair." The former premier of Victoria joined the Cbus board ...