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Showing 11181 - 11190 of 22150 results for "Tim"

Economic Wrap

ALEX DUNNIN  |  FRIDAY, 29 JUL 2016
AOFM to buy back short-dated bonds The commonwealth government is restructuring part its bond portfolio debt by offering to buy-back short-dated Treasury Bonds and swap them into other durations. The Australian Office of Financial Management said this ...

GBST director resigns in board renewal

ALEX BURKE  |  THURSDAY, 28 JUL 2016
Global fintech firm GBST has announced the resignation of a long-term board director. Kim Sundell was a non-executive director on GBST's board since 2001. He has been a managing director of Sydney-based private investment firm Crown Financial and was ...

Retirement system needs work: Actuaries

DARREN SNYDER  |  THURSDAY, 28 JUL 2016
Australia's retirement system is not sustainable for people living longer than the average life expectancy if drawdown trends continue, according to the Actuaries Institute. The Institute says the number of super members to completely exhaust their ...

Voters opt to shut down AMP Capital China fund

ALEX BURKE  |  THURSDAY, 28 JUL 2016
The AMP Capital China Growth Fund (AGF) will be wound up following the vote at today's EGM. Opening the EGM, AMP Capital Funds Management chair Adam Tindall said that "a lot has changed" since the fund's establishment in 2006. "Markets move on, regulations ...

ATO resource targets illegal pension schemes

MARK SMITH  |  THURSDAY, 28 JUL 2016
The Australian Taxation Office (ATO) has launched a new initiative aimed at educating advisers and pre-retirees about the potential pitfalls of retirement planning schemes. Super Scheme Smart - which forms part of the ATO's broader focus on tax avoidance ...

Super platform goes for gold

DARREN SNYDER  |  THURSDAY, 28 JUL 2016
A new retail superannuation platform partnership will mean members no longer have to be in an SMSF should they wish to own and invest in physical gold. The Cor Capital Fund - a diversified managed investment scheme with an allocation to physical gold ...

Former Calastone MD launches fintech solution

KERRIE SYDEE  |  THURSDAY, 28 JUL 2016
Former Calastone managing director Shannon Bernasconi has co-founded a new investment platform solution for financial advisers. MA Operator aims to provide advisers with a complete service for managed discretionary accounts (MDAs), a complete solution ...

Economic wrap

ALEX DUNNIN  |  THURSDAY, 28 JUL 2016
Australia's record beef exports Australia exported a record 267,578 tonnes of grainfed beef in 2015-16, up 15% year-on-year. This is 4,618 tonnes higher than the previous record in 2006-07, according to the Meat and Livestock Association. The MLA said ...

Aussie pension pros most confident about valuations

DARREN SNYDER  |  WEDNESDAY, 27 JUL 2016
Only one fifth of global pension fund professionals are more than 90% confident their respective funds' asset and liability valuations are accurate, according to the latest research from State Street. Interviewing more than 400 pension fund professionals ...

QIC and Future Fund back $3bn renewable fund

KERRIE SYDEE, MARK SMITH  |  WEDNESDAY, 27 JUL 2016
QIC and the Future Fund have backed a $2-3 billion fund with AGL that, once fully invested, will own roughly 10% of Australia's renewable energy capacity. A strategic partnership between the QIC Global Infrastructure Fund and the Future Fund will see ...