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Showing 11741 - 11750 of 18138 results for "superannuation"

Large super funds 'obstruct' withdrawals

ALISON BEVEGE  |  THURSDAY, 11 AUG 2011
Large superannuation funds have been obstructing the release of members' money to self-managed funds by throwing paperwork hurdles in their way, a seminar heard this morning. "In an ideal world a transfer should take no more than 30 days," said Tony ...

UniSuper chief wins exec of the year award

MATT WOODINGTON  |  THURSDAY, 11 AUG 2011
UniSuper's Terry McCredden won the Fund Executives Association's superannuation executive of the year award in Melbourne last night. The tenth annual executive of the year award was presented in partnership with AMP Capital, rewarding leadership, innovation ...

Super funds complacent on sustainability

ELISE BURGESS  |  THURSDAY, 11 AUG 2011
Super funds are slow on the uptake of sustainability reporting, often relying on analysts and fund managers to do the work, but an economic adviser predicts pressure is building for funds to become accountable. Simon O'Connor, economic adviser for the ...

SMSFs can use tax rule to save thousands conference told

ALISON BEVEGE  |  WEDNESDAY, 10 AUG 2011
A proposed law that would impose taxes on super fund assets following the death of the member could save beneficiaries money if they made full use of anti-detriment tax rules, an industry conference heard yesterday. Anti-detriment deductions can in ...

Hedge fund forum to tackle tough questions

ELISE BURGESS  |  TUESDAY, 9 AUG 2011
Economic opportunities in the $1.3 trillion superannuation industry, the regulatory environment and opportunities for hedge funds in Asia are all up for discussion in the upcoming AIMA Australia Australian Hedge Fund Forum. On September 13, AIMA Australia ...

Super tribunal needs members to solve disputes

ALISON BEVEGE  |  TUESDAY, 9 AUG 2011
The Superannuation Complaints Tribunal is looking for members to resolve disputes as 13 of the 18 member appointments are set to expire in November. It is not known how many of the expiring appointments may be reappointed, nor whether the overall number ...

Bendigo Wealth plays part in group profits

MATT WOODINGTON  |  TUESDAY, 9 AUG 2011
... division was officially launched in April, offering margin lending, cash, investment, managed fund businesses and superannuation services. On announcing its results, the group said that Bendigo Wealth had 'potential for growth' and 'increased investment ...

UniSuper nominates Bloomberg as asset manager

ELISE BURGESS  |  TUESDAY, 9 AUG 2011
UniSuper announced its selection of Bloomberg as partner in its internal management of its Australian equities portfolio with more super funds following suit. In June last year, UniSuper moved its equities management in-house and away from fund managers ...

Re-financing of aged care announced

RACHEL DAVIS  |  TUESDAY, 9 AUG 2011
... attract interest and could be used as and when needed. Assistant Treasurer and Minister for Financial Services and Superannuation, Bill Shorten, also announced reverse mortgage draft legislation to increase protection around reverse mortgages and incentivise ...

Market plunge exposes system weakness: Cooper

MATT WOODINGTON  |  MONDAY, 8 AUG 2011
Friday's 4% stock market fall, which caused more than $20 billion to be wiped from superannuation account balances, further exposed Australia's over reliance on equities in retirement, said Jeremy Cooper, Challenger's chairman, retirement incomes. Superannuation ...