Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 11341 - 11350 of 18137 results for "superannuation"

ACT super account takes $450m GFC hit

ALEX DUNNIN  |  FRIDAY, 13 APR 2012
Poor returns due to the GFC has resulted in the ACT government's superannuation provision fund suffering a $450 million investment income shortfall over the past five years. The fund, now estimated to hold $2.2 billion in FUM, was established in 1997 ...

AusSuper public sector division results from merger

MELANIE TIMBRELL  |  FRIDAY, 13 APR 2012
A Public Sector Division of AustralianSuper will cater to AGEST member needs following the merger of the two funds. The division is designed to capture and build on AGEST's position in the provision of targeted services to public sector employees. "This ...

Retirement funding needs aged care inclusion

MELANIE TIMBRELL  |  THURSDAY, 12 APR 2012
As budget cuts to public spending loom, wealth providers are warning the cost of aged care needs to be factored into retirement planning. "The likelihood of care and its associated cost needs to be recognised at the beginning of retirement, not when ...

Investor negativity despite positive signs

ELISE BURGESS  |  THURSDAY, 12 APR 2012
... last quarter's 12.2%. The number of respondents who had never used a planner remained fairly constant at 56.5%. Superannuation contributions also declined from 32.7% to 26.6%. Of these, 50% contribute by salary sacrificing additional contributions as ...

Estate planning specialist joins Equity Trustees

RACHEL DAVIS  |  WEDNESDAY, 11 APR 2012
... for how their estate will be distributed on their death. "Many have complicated financial situations including superannuation, investment portfolios, as well as holding a significant asset in their family home. In addition, there is often the added complication ...

Member interests and employer choice paramount

ELISE BURGESS  |  TUESDAY, 10 APR 2012
... paramount for default super, said FSC and the AIST in their parliamentary submissions. The Australian Institute of Superannuation Trustees (AIST) and the Financial Services Council (FSC) have both supplied submissions to the current enquiry of the selection ...

GMO shuts Aus equities

MELANIE TIMBRELL  |  TUESDAY, 10 APR 2012
... $2.47bn at the end of 2010 and $4.14bn in December 2009. GMO has Australian equities mandates for a number of local superannuation plans, including State Super ($790 million) and Australian Government Employees Superannuation Trust ($113 million), according ...

Report questions infra investment

MELANIE TIMBRELL  |  TUESDAY, 10 APR 2012
... private sector flows are to be better tapped. "Governments need to realise the extent of what's available through the superannuation sector, and work to make it easier for super funds to invest," said Michael Eyers, consultant to Infrastructure Australia ...

Super potential underrated by Aussies

ELISE BURGESS  |  TUESDAY, 10 APR 2012
Baby Boomers rate financial independence as costing $750,000 and wish to retire early but do not see their superannuation as the answer, reflecting a change in sentiment. In a new study assessing attitudes to individual financial health, Baby Boomers ...

WealthSure selects OneVue UMA platform

MELANIE TIMBRELL  |  WEDNESDAY, 4 APR 2012
... talks were at an advanced stage with several new dealer groups. In February this year, the provider added a retail superannuation offering to its UMA platform to enable a client's total wealth, including retail super investments to be transitioned across ...