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AES member funds safe

... referring to. AES director Brett Parker says the fund cannot comment on the matter as it is yet to be fully resolved. "There's nothing I can add further to [the media release] because the investigation is continuing. The only thing that I would say is ...

Insider trading fears undermining investor confidence

... Gibbs said. But the extent of the corporate governance breaches have caused surprise to the investors who said it has nothing to do with returns they are likely to earn but simply that some company directors can not be fully trusted to act in good faith ...

Daily Economic Update

... the previous month. The decline in core prices reflects the difficulty to pass through higher prices to the consumer. Nothing in any of today's reports will cause the Fed to refrain from raising rates.

Cash King to refund $170k for hidden fees

... ads to attract customers. "The ongoing issue is that mortgage brokers are not required to disclose commission. There is nothing wrong with charging commission but people should know about them," he says.

Colonial finds inaccuracies in S&P rating

... Colonial spokeswoman this week responded, stressing that whilst Hudson's departure means a change to senior management, nothing else has changed. "He [Taylor] has been responsible for analysts research agenda for some time." She added; "Nothing has changed ...

Fincorp pulled up by ASIC for misleading advertising

... deposits. "A debenture is simply not a bank deposit and any suggestion in that direction is seriously misleading. There is nothing magic in a debenture and nothing that ensures that debenture is a secure investment," he said. The Enforceable Undertaking ...

Hesta boosts voluntary contributions by over 50%

... aside some extra money, the co-contribution scheme is a great way to top up their superannuation. It's really money for nothing," says Corboy. Hesta has $7.4 billion in assets with 500,000 employee members and 30,000 employer members. "We are really ...

ASIC releases super switching study results but FPA not satisfied

... adviser's potential conflict of interest when recommending a fund with which the adviser had an association saying there was nothing wrong with this type of advice as long as the appropriate level and method of disclosure were made. Kelly says, "Taken ...

Industry bodies in joint move to improve financial literacy

... instance the Retire Ready Survey conducted by the Commonwealth Bank indicated 78 per cent of pre-retirees knew little or nothing about the investment strategies in their superannuation and only one in seven people considered preparing for their retirement ...

Labor in the cold on choice

... received as good news by both major industry bodies while at the same time the Federal Labor party said the new laws would do nothing to encourage ethical investments. But the Investment & Financial Services Association (IFSA) and the Association of ...

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REI Super chief executive steps down

ELIZA BAVIN

REI Super is farewelling its chief executive Jarrod Coysh, after more than seven years in the role.

Former Brighter Super investment lead plots return

MATTHEW WAI

After a six-month hiatus, former Brighter Super chief investment officer Mark Rider is returning to the superannuation industry, set to join another super fund next month.

CGT, negative gearing changes to become a law

RIDDHIMA TALWANI

The government's tax agenda announced in the Budget overhauling the capital gains tax (CGT) discount and negative gearing have now passed the Parliament and will become law.

BUSSQ beefs up cyber security oversight

MATTHEW WAI

The Queensland industry fund has welcomed a cyber security expert to its board of trustees, bolstering its oversight on heightened cyber security risk.

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Judith Fiander

CHIEF EXECUTIVE OFFICER
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When Judith Fiander first walked in the doors of Australian Philanthropic Services her intention was to volunteer for a few months. Fast forward 14 years and she is the chief executive. Eliza Bavin writes.

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