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Showing 10921 - 10930 of 18131 results for "superannuation"

Banksia serves as a warning

BEN COLLINS  |  THURSDAY, 22 NOV 2012
... Limited which recently went into receivership are mortgage debenture companies. Minister for Financial Services and Superannuation Bill Shorten has asked APRA to help regulate the $4.5 billion unlisted debenture sector, a spokesperson confirmed this ...

Super FUM up 13%

ALEX DUNNIN  |  THURSDAY, 22 NOV 2012
... share market rally that alone boosted super assets by 5.2%. The figures are contained in APRA's latest quarterly superannuation performance statistics bulletin that showed total super fund FUM to now be $1.463 trillion, up $168 billion from September ...

ANZ launches low-cost super fund

MARK SMITH  |  THURSDAY, 22 NOV 2012
... saved. "ANZ Smart Choice Super offers customers greater convenience and choice at half the price of the average superannuation fund," said ANZ global wealth and private banking CEO Joyce Phillips. With a single investment fee of 0.5% per annum and an ...

BT hires new head of super

MARK SMITH  |  THURSDAY, 22 NOV 2012
BT Financial Group (BTFG) has appointed Vicki Doyle as head of retail and corporate superannuation. According to the asset manager, the appointment is part of its strategy to capture the lion's share of the $1.3 trillion super industry. "Superannuation ...

MySuper perceived as re-badging exercise

BEN COLLINS  |  THURSDAY, 22 NOV 2012
After engaging with the superannuation industry, it is obvious that there are a wide variety of responses to MySuper product design, said Bravura Solutions' head of product. Many funds are just treating MySuper as a chance to re-badge the default scheme ...

CCH to handle First Super compliance admin

MARK SMITH  |  WEDNESDAY, 21 NOV 2012
Compliance and reporting specialist CCH has partnered with First Super to help comply with the Australian Prudential Regulation Authority (APRA)'s more extensive reporting requirements. The new rules, which come into force from July 2013, require all ...

TWU Super appoints new chief executive

MARK SMITH  |  WEDNESDAY, 21 NOV 2012
... the fund will continue to serve its members well under Debora's leadership. She has an extensive background in superannuation and in particular with the industry fund model. She also brings valuable investment management experience to the role." McMillan ...

CSSA calls out default fund selection

BEN COLLINS  |  WEDNESDAY, 21 NOV 2012
Major superannuation funds may be forced to close thanks to the Fair Work Amendment Bill 2012, said Douglas Latto, Corporate Super Specialist Alliance (CSSA) president. The Corporate Super Specialist Alliance (CSSA) has made a submission to the Standing ...

New rules for HFT trading

BEN COLLINS  |  WEDNESDAY, 21 NOV 2012
... frequency trading by a new package of market integrity rules, said Bill Shorten, Minister for Financial Services and Superannuation. Announced yesterday, the new rules include the use of "kill switches" for computer-driven high frequency trading (HFT) ...

AIST CEO resigns for UN post

BEN COLLINS  |  MONDAY, 19 NOV 2012
Fiona Reynolds has resigned as chief executive of the Australian Institute of Superannuation Trustees (AIST). Reynolds is leaving to become managing director of the Principles for Responsible Investment (PRI). PRI is a global investor initiative in ...