Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 10351 - 10360 of 18128 results for "superannuation"

IFM's FUM surges by 34% on global support

ALICE URIBE  |  TUESDAY, 23 JUL 2013
... management, form $34 billion to $46 billion, which is more than double the asset growth of the overall Australian superannuation market. The fund manager reported a growth in offshore fundraising, reaching almost $2 billion in the North American and ...

Generation Y busts SMSF age myth

JAMES FERNYHOUGH  |  TUESDAY, 23 JUL 2013
Increasing numbers of people under 30 are setting up - or plan to set up - self-managed superannuation funds (SMSFs), according to a new study by Macquarie Bank and the SMSF Professionals' Association of Australia (SPAA). The study found that 8.1% of ...

IFM reveals start date for fee reduction

ALICE URIBE  |  MONDAY, 22 JUL 2013
... about 50 %. The fund manager offers around 55 products and mandates. Melbourne-based IFM is owned by 32 industry superannuation funds has clients and teams in the three of the largest pension markets in the world. As at March 2013 it had $44 billion ...

Super funds unready for trans-Tasman transfer rules

JAMES FERNYHOUGH  |  MONDAY, 22 JUL 2013
New laws allowing trans-Tasman emigrants to take their superannuation with them are finding themselves frustrated by Australian funds struggling to keep up with the requirements. Under the trans-Tasman portability arrangements which came into effect ...

Market Vectors ETFs appoint two directors

MARK SMITH  |  MONDAY, 22 JUL 2013
... relationships. Before joining Market Vectors, McKinnon was general manager of distribution for equities and the superannuation and investment solutions divisions at Perpetual Limited. Before that, he held senior roles at Rothschild and IOOF. Russel Chesler ...

State Street wins $780m LGS mandate

JAMES FERNYHOUGH  |  MONDAY, 22 JUL 2013
State Street Global Advisors (SSgA) has won a $780 million active Australian equities mandate from Local Government Super (LGS). LGS chief investment officer Craig Turnbull said the mandate reflects a move towards more active risk in the portfolio. ...

Fidelity Worldwide Investment cuts minimum investment amounts

MARK SMITH  |  MONDAY, 22 JUL 2013
... funds will be available to advisers who prefer to buy funds directly. It also opens up the funds to self-managed superannuation funds (SMSFs) who have had limited access to Fidelity funds. The $25,000 investment minimum applies across Fidelity's product ...

FPA wants schools to teach financial literacy

LAURA MILLAN  |  FRIDAY, 19 JUL 2013
... Disability Insurance Scheme (NDIS) to be included in the National Financial Literacy Strategy. "MySuper and the superannuation guarantee increases are designed to help those who are disengaged and the FPA believes this must be balanced out with empowering ...

COIN mulls Revex acquisition

LAURA MILLAN  |  FRIDAY, 19 JUL 2013
... basis for Rubik Wealth's customers, including institutions, independent financial advisors (IFAs) and industry superannuation funds, as well as non-exclusive rights for other customers. If both companies reach an agreement, Rubik would acquire the Revex ...

Super board quality compromised over pay rates

ALICE URIBE  |  FRIDAY, 19 JUL 2013
The level of superannuation fund board members salaries is reducing effectiveness according to law firm Corrs Chambers Westgarth chief executive John Denton. Speaking as part of a panel at The Economist Bellwether 2013 Australian Forum in Sydney this ...