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Showing 11121 - 11130 of 18131 results for "superannuation"

Australians lack genuine banking sector competition

MARK STORY  |  WEDNESDAY, 8 AUG 2012
... benefit from the big profits made by Australia's major banks. Only 12 per cent said 'ordinary people through their superannuation' or 'ordinary people who own shares directly' got the most benefit from the big profits made by Australia's major banks. ...

Generations split on what causes sleepless nights

MARK STORY  |  WEDNESDAY, 8 AUG 2012
Research from superannuation fund Sunsuper revealed that the financial nightmares experienced by different generations reflect where they are at within their respective life stages. But what unites the generations, said Sunsuper's general manager, customer ...

Super to eclipse banks as primary lender: Cooper

MARK STORY  |  WEDNESDAY, 8 AUG 2012
Superannuation funds may have more money to lend than banks in under a decade, and could play a larger role in corporate lending than the corporate bond market, said Jeremy Cooper, architect of the government's Cooper Review. He expects banks, currently ...

Super funds look to banks on social media

MELANIE TIMBRELL  |  WEDNESDAY, 8 AUG 2012
... platforms allow UBank to quickly and efficiently triage enquiries," the report said. While banks have rapidly outpaced superannuation funds online, within that sector there are also divergent strategies and approaches indicating a range of options available. ...

Mercer: Stronger Super adds pressure on funds

LINDA HAUSKEN  |  WEDNESDAY, 8 AUG 2012
... 2013 deadline looming, it is essential for corporate funds to decide how they will meet future challenges in the superannuation industry." Anderson said the implementation costs to Mercer for the Stronger Super and FOFA reforms could amount to as much ...

Insurance cover launched for SMSFs

LINDA HAUSKEN  |  WEDNESDAY, 8 AUG 2012
Self-managed superannuation fund provider, Self Super Insurance has launched insurance cover products for art and collectable assets designed specifically for SMSFs. Self Super Insurance urges Self-managed superannuation fund's (SMSF) to properly insure ...

Legal challenges face default super inquiry

MELANIE TIMBRELL  |  WEDNESDAY, 8 AUG 2012
... recommendations would then be adopted by Fair Work Australia. Girgis says these options would therefore take regulated superannuation products and apply an extra layer of commercial assessments administered by a Government agency. One example of the ...

CFS names new executive manager

LINDA HAUSKEN  |  WEDNESDAY, 8 AUG 2012
... distribution at Colonial First State (CFS). Before joining CFS in March 2010, she held a number of senior roles in the superannuation industry including managing director of Superannuation at Russell Investments. "I am delighted to announce Linda's appointment ...

40% of super funds gone by 2020:CoreData

BEN COLLINS  |  TUESDAY, 7 AUG 2012
The number of funds in the Australian superannuation industry is expected to shrink by up to 40% by 2020, and the "Sweet spot" for funds is $10-$15bn in assets under management, said a CoreData whitepaper. Dubbed 'Survival of the fittest', CoreData's ...

CGT relief for super funds backdated

LINDA HAUSKEN  |  MONDAY, 6 AUG 2012
Financial Services and Superannuation Minister, Bill Shorten, has released exposure draft legislation on income tax relief for merging superannuation funds for public comment. The draft legislation takes into account several of the issues raised by ...