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

Search Results

Showing 1051 - 1060 of 1487 results for "Master"

Platform money flows back into markets

MICHAEL HOBBS  |  WEDNESDAY, 15 JUL 2009
Colonial First State FirstChoice and MLC MasterKey, two of Australia's largest investment platforms, are experiencing inflows away from cash and into listed markets and other growth strategies. Brent Howells, head of product MasterKey at MLC, said the ...

Media Super hires BNP for custody

PRESS RELEASE  |  FRIDAY, 10 JUL 2009
Media Super has appointed BNP Paribas Fund Services Australasia as master custodian. BNP Paribas Fund Services acted as the interim provider of custody services for the fund so the appointment comes into effect immediately. Ross Martin, chief executive ...

Aon upgrades insurance

PRESS RELEASE  |  THURSDAY, 9 JUL 2009
Aon Master Trust has improved its insurance for members to include unlimited death cover and higher total and permanent disablement (TPD) and income protection limits. The trust has increased the TPD benefit to $3 million and income protection has risen ...

Shift to altern assets fuel valuation concerns: APRA

ALEX DUNNIN  |  FRIDAY, 3 JUL 2009
... SelectingSuper performance figures, not for profit funds are averaging twelve month returns of -16.3 per cent while corporate master trusts are only 100 basis points behind on -17.3 per cent. SelectingSuper reports that one year ago the gap was 400 basis ...

Retirement platforms growing fastest

ALEX DUNNIN  |  TUESDAY, 30 JUN 2009
Eight of the ten fastest growing platforms are retirement products, confirming that the sector is fast becoming a wealth management heavyweight, reveals new research from Rainmaker. The findings are contained in the latest Rainmaker Advantage report ...

Super assets drop to $1.03trn

ALEX DUNNIN  |  FRIDAY, 26 JUN 2009
... self-managed funds fell to $320 billion, confirming SMSFs as the larger segment of the market by a significant margin. Corporate master trust assets increasing marginally to $65 billion means they hold only a 15 per cent share of employer superannuation ...

Up yours

BENJAMIN ONG  |  FRIDAY, 26 JUN 2009
See my finger? Yes, the middle one. No. The statement is not to gloat about Wall Street's overnight jump proving my call for a continuation of the equity market uptrend correct. Speaking of which, America's major stock market indexes jumped 2 per cent ...

McAlpine leaves CBUS for Health Super

COMPANY RELEASE  |  THURSDAY, 25 JUN 2009
The $7 billion industry super fund Health Super has appointed Megan McAlpine to the role of marketing manager. McAlpine joined Health Super earlier this week. The position has been vacant for a number of months following Sonia Trone's departure on maternity ...

NAB and Aviva rule platform land

RUTH LIEW  |  MONDAY, 22 JUN 2009
NAB's acquisition of Aviva Australia's Navigator business will create the largest platform provider with $69 billion in funds under management and more than 2,900 advisers using its services. NAB, which announced it had agreed to purchase Aviva Australia's ...

Aon raises member fees

RUTH LIEW  |  FRIDAY, 19 JUN 2009
The $1.6 billion Aon Master Trust is increasing its annual member fees on 1 July. The new fees will be $66.50 per annum - a $3.50 hike from the previous $63. According to a statement in the master trust's latest newsletter to members, the increase is ...