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Showing 11881 - 11890 of 18138 results for "superannuation"

LGS sees benefits in clean energy co-operation

MATT WOODINGTON  |  THURSDAY, 9 JUN 2011
... projects and provide additional support for innovation in a way that is supported by unions, environmental groups and superannuation funds who want to invest in the technology," said Swan. According to Craig Turnbull, chief investment officer at Local ...

Financial PDS' 'Shortened'

RACHEL DAVIS  |  THURSDAY, 9 JUN 2011
... months for those that aren't ready with their shortened PDS this year. Starting from 22 June 2012, PDS for all superannuation products and simple managed investment schemes that are regulated by the Corporations Act 2001 must be eight pages in length ...

MTAA Super strikes back against claims of unhedging

ALEX DUNNIN  |  THURSDAY, 9 JUN 2011
MTAA Super has rejected claims it lost $500 million in currency transactions in 2009 and dismissed claims it was unhedged during the depths of the GFC. "The Fund did not have $500 million of losses because of the removal of currency hedges during the ...

Coalition adopts ALP super clearing house model

ALEX DUNNIN  |  THURSDAY, 9 JUN 2011
The Coalition has adopted the ALP's superannuation clearing house policy as their preferred way to simplify contribution payments for small businesses. Under the morphed policy, the Coalition has proposed small business employers send superannuation ...

State Street secures REST lending deal

MATT WOODINGTON  |  WEDNESDAY, 8 JUN 2011
... lending programme for REST's global bond and equity investments. In January, State Street and REST signed a long-term superannuation servicing agreement that covers custody, fund accounting and complex tax services. "Securities lending is an area where ...

APRA super fund grillings set new precedent

ALEX DUNNIN  |  WEDNESDAY, 8 JUN 2011
Superannuation regulator APRA interviewing super funds under oath, forcing them to explain investment decisions, should set alarm bells ringing across Australia's investment industry. Advisers to the $6 billion public offer industry fund, MTAA Super ...

Shorten ups Trio super levy to $750,000

ELISE BURGESS  |  WEDNESDAY, 8 JUN 2011
APRA regulated superannuation funds will pay a maximum $750,000 under the compensation levy being introduced to recoup the lost $55 million for the victims of failed investment firm, Trio Capital. Under new regulations announced, Assistant Treasurer ...

Plum lands $300m Lend Lease super mandate

ELISE BURGESS  |  WEDNESDAY, 8 JUN 2011
Plum Financial Services has secured management of property group Lend Lease Corporation's $300 million superannuation fund, which will move from its own fund management to Plum's master trust. This is the seventh fund to transition across to Plum's ...

Shorten phases out drawdown relief for account-based pensions

ELISE BURGESS  |  TUESDAY, 7 JUN 2011
... self-funded retirees. Under past regulations, self-funded retirees were required to pay a minimum amount from their superannuation account-based pension at least once a year, based on age and their account balance so as retirees could draw down on their ...

PIMCO appoints insto specialist

MATT WOODINGTON  |  MONDAY, 6 JUN 2011
... manager PIMCO has appointed a new executive vice president to help service an anticipated increase in demand from superannuation clients looking to fixed interest for reliable returns. Eric Frerer has been appointed executive vice president and account ...