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Showing 11041 - 11050 of 18131 results for "superannuation"

NZ Superannuation completes five new hires

LINDA HAUSKEN  |  WEDNESDAY, 19 SEP 2012
Gavin Walker has been appointed chair of the Guardians of the New Zealand Superannuation, the Crown Entity which manages the $19 billion fund. Gavin is currently the chairman of ASB Bank, Sovereign Insurance, CommSec, the Kirin International Advisory ...

Draft legislation to streamline trans-Tasman retirement savings

LINDA HAUSKEN  |  WEDNESDAY, 19 SEP 2012
... savings with them home when they leave. Under the current law, New Zealanders working in Australia cannot take their superannuation with them when they permanently leave the country. When the new legislation, which is expected to take effect from July ...

Retail MySuper to put NFPs on back foot

MELANIE TIMBRELL  |  WEDNESDAY, 19 SEP 2012
... is to assume that this discussion under the heading of MySuper is all about driving down the cost of providing superannuation services." In fact, Costello said, in the legislation, cost is only mentioned once. He urged funds to stay diversified but to ...

AIA appoints national manager

LINDA HAUSKEN  |  TUESDAY, 18 SEP 2012
... Licensee Development. He has over 15 years experience in retail distribution of life insurance, investment and superannuation products In his new role he will report directly to head of retail distribution, Pina Sciarrone. "Sam's extensive experience ...

VicSuper and Vision Super in merger talks

MELANIE TIMBRELL  |  TUESDAY, 18 SEP 2012
... combination of the $9.5 billion VicSuper with the $4.9 billion Vision Super would result in a fund responsible for the superannuation of more than 350,000 Victorians. Vision Super's chairman Rob Spence said the merger could provide greater economies ...

CEO bonuses tumbled in 2011

LINDA HAUSKEN  |  TUESDAY, 18 SEP 2012
... 2011 due to more mature conversations on executive pay between boards and investors. The Australian Council of Superannuation Investors' (ACSI) 11th annual research report on CEO pay in Australia's largest listed companies found that the average bonus ...

SuperIQ acquires Smartsuper

MELANIE TIMBRELL  |  TUESDAY, 18 SEP 2012
Self-managed super fund (SMSF) provider SuperIQ has acquired former Perpetual business Smartsuper in the latest wave of consolidation in the space. Acquisitions in the SMSF space are proving commonplace as businesses attempt to build client bases during ...

ISN calls for fast trading moratorium

BEN COLLINS  |  MONDAY, 17 SEP 2012
High frequency trading has the ability to impact long term investors such as superannuation funds and there should be a moratorium in the Australian financial markets on using the systems, said Industry Super Network (ISN). ISN's suggestion is part ...

Cbus takes lead on trustee disclosure

BEN COLLINS  |  MONDAY, 17 SEP 2012
... the industry super fund for health and associated industries. Cbus's move is in line with Australian Institute of Superannuation Trustee (AIST) recommendations, provided to all member funds, said Fiona Reynolds, AIST chief executive. "While there is ...

Judgment reserved for accused Ponzi head

MELANIE TIMBRELL  |  MONDAY, 17 SEP 2012
... Ltd., none of whom held an Australian Financial Services licence, targeted Australian investors and self-managed superannuation funds. Nineteen defendants are named in the proceedings. However, ASIC alleges Hobbs controlled the operation of all 14 funds ...