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Showing 10541 - 10550 of 18128 results for "superannuation"

Peak6 $1bn capital raise boosted by Aussie instos

MARK SMITH  |  MONDAY, 20 MAY 2013
... reached the $1 billion in funds under management (FUM) milestone after receiving significant support from Australian superannuation funds and one unnamed family office. Peak6 estimates that Australian client money accounts for around 7% of the fund's ...

Energy Super awards mandates to four managers

MARK SMITH  |  MONDAY, 20 MAY 2013
Industry fund Energy Super has awarded $700 million worth of international equities mandates to four fund managers. Harding Loevner, Longview Partners, Sands Capital Management and Schroders have each won an unspecified share of the new allocation. ...

PIPA suspends Money Choice director

JAMES FERNYHOUGH  |  MONDAY, 20 MAY 2013
... interests of the company," he said. Among ASIC's findings was that George had been giving unlicensed self-managed superannuation fund (SMSF) advice. Kingsley said this case highlights ongoing issues within the SMSF sector. "This sector of superannuation ...

IFM wins $300m Cbus cash mandate

ALICE URIBE  |  MONDAY, 20 MAY 2013
Industry superannuation fund Cbus has awarded Industry Funds Management (IFM) with a $300 million cash mandate. Cbus executive manager - investment strategy Kristian Fok said that the decisiob was made due to IFM's reputation as a debt specialist, with ...

Cbus chair Steve Bracks to resign

ALICE URIBE  |  FRIDAY, 17 MAY 2013
Cbus chair Steve Bracks will resign as chair of the Cbus board to accept a federal government position as Australian Consulate-General in New York. Bracks joined the board in 2009 and his resignation will become effective from 1st September 2013. "Under ...

MySuper a challenge to fund differentiation: AusSuper

LAURA MILLAN  |  FRIDAY, 17 MAY 2013
... Forum, Carter said that in a post-MySuper scenario, differentiation will lie with the investment management side of superannuation funds. "The area where we see the real fight happening is the investment management side and whether you are doing active ...

ATO release another SMSF self help guide

ALEX DUNNIN  |  FRIDAY, 17 MAY 2013
Reflecting the rise and rise of self directed self-managed superannuation fund (SMSF) investors, the Australian Taxation Office (ATO) has issued a publication aimed at explaining to SMSF trustees the rules around how they can pay benefits from their ...

Coalition super plan to harm retirees, low income earners

ALICE URIBE  |  FRIDAY, 17 MAY 2013
The Coalition's announcement that they would delay the Superannuation Guarantee (SG) increase would see millions of Australians move into retirement with inadequate savings according to the Australian Institute of Superannuation Trustees (AIST). Last ...

Coalition will delay SG rise, abolish LICS

ALEX DUNNIN  |  THURSDAY, 16 MAY 2013
Opposition leader Tony Abbott has delivered his budget reply speech, announcing delays or suspension of superannuation intitiatives that were meant to be funded from taxes that a Coalition government intends repealing should it win office. These initiatives ...

Govt loses, then wins vote on super legislation

MARK SMITH  |  THURSDAY, 16 MAY 2013
... independent before the government regrouped to rule out the amendment. According to a statement from Opposition superannuation spokeperson, Senator Mathias Cormann, the Opposition won a vote for the amendment by a slender margin of 72 to 68 after four ...