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Showing 11811 - 11820 of 18138 results for "superannuation"

Super industry reviews carbon tax impact

ALISON BEVEGE  |  MONDAY, 11 JUL 2011
The superannuation industry is waiting to see the impact of the carbon tax on the ecomony, with funds already prepared for environmental investment thought to be best placed under the new impost. Nicky Richards, chief investment officer of MLC Investment ...

Retail funds want more super access

ALISON BEVEGE  |  MONDAY, 11 JUL 2011
... has joined the chorus of retail funds who want the current award system opened to more competition, giving their superannuation funds greater access to default-fund advantage. AMP has tried repeatedly to join an industry award through Fair Work Australia ...

Investment head concerned by super approach

MATT WOODINGTON  |  MONDAY, 11 JUL 2011
Super fund boards must not resort to short-term performance metrics and continue to respect their position as asset stewards, not asset owners, said a global investment management consultant. AXA Investment Management's global head of consultant relations ...

UK Pensions Regulator seeks fee transparency

ALISON BEVEGE  |  MONDAY, 11 JUL 2011
The UK Pensions Regulator is seeking management fee transparency in its defined contribution pension schemes. In response to a recent industry discussion paper, the regulator said it had received unanimous support that pension fund costs should be clear ...

Govt $41m finance centre launches new projects

ELISE BURGESS  |  MONDAY, 11 JUL 2011
... research projects including High Frequency Trading. Assistant Treasurer and Minister for Financial Services and Superannuation, Bill Shorten, and Deputy Premier of NSW and Minister for Trade and Investment, Andrew Stoner, named the University of New ...

SMSFs may be banned from buying shares off-market

ALISON BEVEGE  |  FRIDAY, 8 JUL 2011
Self-managed super funds will be banned from buying or selling assets to related parties in off-market transfers if the Government adopts Stronger Super recommendations currently being considered. The proposed ban would mean that SMSFs would have to ...

Advisory firm directors may challenge ASIC ban

ALISON BEVEGE  |  THURSDAY, 7 JUL 2011
... legal challenge to a three-year ASIC ban imposed after clients lost money in funds associated with the Trio Capital superannuation fund fraud. ASIC said on Tuesday it was holding financial advisers to account as gatekeepers over the loss of client funds ...

New mandate flows increasing but more cash lies in wait

ALISON BEVEGE  |  THURSDAY, 7 JUL 2011
... new mandate flows to equities and listed property dropped off immediately as the global financial crisis hit. "Superannuation funds held off allocating new money resulting in dramatically increased cash holdings," he said. In September 2007, superannuation ...

Medicare to handle compassionate super payouts

MATT WOODINGTON  |  THURSDAY, 7 JUL 2011
... relieved the Australian Prudential Regulation Authority (APRA) of its duties to administer the early release of superannuation on compassionate grounds, handing the responsibility to Medicare. Only around $1.5 million of super savings were released through ...

US$50bn US manager lands in Sydney

MATT WOODINGTON  |  WEDNESDAY, 6 JUL 2011
... looking to expand our global network and Australia, with its appetite for a variety of strategies and large pool of superannuation capital is a logical early opportunity," said Richard Pell, chief executive officer, Artio Global. Ian Webber, who joined ...