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Showing 10931 - 10940 of 18131 results for "superannuation"

Two boutiques merge to target SMEs

MARK STORY  |  MONDAY, 19 NOV 2012
... in retirement planning, the new practice plans to specialise in retirement, risk insurance, business succession, superannuation, and wealth accumulation. The merger was born when Neil White and Roger Ellingworth - who had known each other through the ...

Investor cash obsession worries wealth creators

MARK SMITH  |  MONDAY, 19 NOV 2012
... time for more certain opportunities to present themselves. Data from Rainmaker Information shows that the average superannuation fund had a 13.8% weighting to cash in June 2012. That compares to an allocation of 6.67% for the same month in 2006. The ...

Citi appoints Sherry

MARK SMITH  |  FRIDAY, 16 NOV 2012
Citi has appointed former Australian senator and minister for superannuation, Nick Sherry, as senior advisor to its securities and fund services division. Based in Australia, Sherry will have a regional role supporting Citi's pension fund clients in ...

Asset consultants influence to grow amid industry change

MARK SMITH  |  FRIDAY, 16 NOV 2012
... On the face of it, Australia looks to be one of the most attractive markets for global fund managers. Compulsory superannuation has created a vast $1.2 trillion pot of wealth for fund managers to mine, while the global financial crisis has emphasised ...

Sometimes, directors just need to say 'no'

BEN COLLINS  |  THURSDAY, 15 NOV 2012
... the first independent chairman of the companies within BT which are responsible for the management of all of the superannuation funds, managed investments, and platforms. It could be for reasons like this, that she also said it helps to have some directors ...

Super fund awards natural resources mandate

BEN COLLINS  |  THURSDAY, 15 NOV 2012
Australian superannuation funds are warming to the idea of specialist natural resource managers, said David Whitten, executive chairman, 90 West Asset Management. Population growth, urbanisation and increasing prosperity are themes that will drive valuation ...

Some retail fund members pay double for insurance: AIST

BEN COLLINS  |  WEDNESDAY, 14 NOV 2012
... insurance premium of other funds but receiving less than a quarter more in benefits, said the Australian Institute of Superannuation Trustees (AIST). This happens when trustees are told by their trust deed that they have to use a related party insurance ...

FPA calls for greater scrutiny of fund managers

MARK SMITH  |  WEDNESDAY, 14 NOV 2012
... $20 billion in fees annually, with $6.2 billion of that going to fund managers. Yet despite the huge sums paid by superannuation members, recent research from Standard & Poor's has shown that 70% of managed funds have underperformed their benchmark over ...

Market anxiety shrouds SMSF appetite for equities

MARK SMITH  |  WEDNESDAY, 14 NOV 2012
... covered 1900 funds with a total of $1.5 billion in funds under management (FUM), or approximately 0.5% of the total superannuation market. It found SMSFs administered by Multiport hold 36% of their FUM in Australian equities, 8% in international equities ...

Don't ignore Lifecycle Funds: Mercer

BEN COLLINS  |  TUESDAY, 13 NOV 2012
The benefits of Lifecycle Funds are not understood in the superannuation sector, and they should be considered as a default option under MySuper, said Mercer. Many people can't even tell you what a Lifecycle Fund is, Graeme Mather, Mercer's defined ...