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Showing 11671 - 11680 of 18137 results for "superannuation"

APRA drafts new super guidelines

ELISE BURGESS  |  TUESDAY, 13 SEP 2011
... guidelines on the legislative requirements. The Australian Prudential Regulation Authority (APRA) has released two draft Superannuation Prudential Practice Guides (SPGs) to replace existing APRA guidance that it believes will better suit the industry ...

FUM market slides back to $1.4tr

ALEX DUNNIN  |  TUESDAY, 13 SEP 2011
... Rainmaker in its latest Roundup market report. "This lacklustre FUM growth is still way behind the growth rate in the superannuation sector which at 11.6% is back to almost robust health," wrote the researcher in a briefing to clients. Rainmaker noted ...

AQR earns $150m of mandates for hedge fund strategy

MATT WOODINGTON  |  MONDAY, 12 SEP 2011
... Mercer mandate, as reported by Financial Standard last month, has been complemented by further mandates from a superannuation fund and another multi-manager operation. The Australian fund now has around $200 million under management and the focus is ...

Uncertainty and consolidation just the beginning: AFA

ELISE BURGESS  |  MONDAY, 12 SEP 2011
... independent advisers with doubts about the growth strategy of Bill Shorten, Minister for Financial Services and Superannuation, and manager of the Future of Financial Advice (FOFA) reforms. "We believe that less competition in the industry and greater ...

Super growth static, public sector grows on Health Super merger

MATT WOODINGTON  |  FRIDAY, 9 SEP 2011
The superannuation industry was unable to grow during the June 2011 quarter, as benefit payments and market losses caused almost $24 billion of contributions to go unrewarded. According to the Australian Prudential Regulation Authority (APRA), Industry ...

ASFA calls for rethink on contribution caps

MATT WOODINGTON  |  FRIDAY, 9 SEP 2011
... concessional contribution caps is causing significant difficulties to super funds members, according to The Association of Superannuation Funds of Australia. In a new submission to the Treasury, ASFA said the halving of concessional contribution caps ...

Trio directors accept APRA suspension

ELISE BURGESS  |  FRIDAY, 9 SEP 2011
... responsible officer of a body corporate that is a trustee, investment manager or custodian of an APRA-regulated superannuation entity for a period of 15 years. Andrews, a non-executive director of Trio over the course of 2005 - 2009 and chair of various ...

Fortnum launches UMA to protect SMSF retirees

MATT WOODINGTON  |  THURSDAY, 8 SEP 2011
... solution. "Existing platforms in the market have not provided an adequate solution to the bulk of self-managed superannuation fund sector," said Ray Miles, chief executive officer, Fortnum. "They have also not provided adequate safe guards for clients ...

Mercer adds to global infrastructure team

RACHEL DAVIS  |  THURSDAY, 8 SEP 2011
... ongoing asset management capacity, helping clients invest directly, globally. "We recognise the growing desire of superannuation and pension funds worldwide to invest directly in infrastructure," said Graeme Mather, business leader for Mercer's investment ...

Super funds signal intention to delve into overseas property

MATT WOODINGTON  |  WEDNESDAY, 7 SEP 2011
Superannuation funds are set to plough $40 billion into real estate investments over the next two years, with plans to significantly raise their exposure to global non-listed property, according to new research. The study conducted by Russell Investments ...