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Showing 12091 - 12100 of 18138 results for "superannuation"

Retail bank deposits hit $62bn in Dec qtr

ALEX DUNNIN  |  WEDNESDAY, 9 MAR 2011
... alone. The surge pushed bank deposit holdings to $1.5 trillion, 15 per cent more than the total value of Australian superannuation funds. Contributions into superannuation funds in the December quarter meanwhile were only an estimated $27 billion, meaning ...

CareSuper adds infrastructure debt

ALISON BEVEGE  |  WEDNESDAY, 9 MAR 2011
... the Melbourne Financial Services Symposium last week where it won the 2011 VFMC Investment Stewardship Award for Superannuation Funds. Nolan said the fund held up well coming out of the global financial crisis thanks to their asset allocation overlay ...

Plum time for corporate super outsourcing

ELISE BURGESS  |  WEDNESDAY, 9 MAR 2011
Plum Super records $4.4 billion in new funds under administration as it continues to sign corporate industry clients ahead of the 30 June deadline for tax consolidation and transfers. Plum have signed up seven new large mandates in the last two years ...

Mystery surrounds sovereign fund billions

ALISON BEVEGE  |  TUESDAY, 8 MAR 2011
The future mandate of Libya's sovereign wealth fund is uncertain following political unrest, a new report has said. A new report from Preqin said the Libyan Investment Authority had been able to invest more freely after sanctions on the north African ...

AUSCOAL adds Copper Rock and Putnam

ELISE BURGESS  |  TUESDAY, 8 MAR 2011
AUSCOAL Super alters its $5.7 billion investment portfolio to include two new investment managers with a focus on the global bond market while redeeming its Alliance Bernstein mandate. Diversifying the super fund's international shares portfolio, AUSCOAL ...

AMP positions senior AXA staff

MATT WOODINGTON  |  TUESDAY, 8 MAR 2011
... managing director Stephen Dunne. AMP Financial Services (AFS) will be responsible for the combined AXA and AMP superannuation, investments, banking, insurance and financial adviser businesses. Most of those that report directly to AXA's chief executive ...

Dutch pension tackles longevity risk and ageing population

ALISON BEVEGE  |  MONDAY, 7 MAR 2011
The Dutch pension system will soon introduce a new pension contract that would tackle the dual challenges of longevity risk and an ageing population. The Netherlands has a mandatory pension system based on generous defined benefits but an ageing population ...

MTAA Super hires former Vic premier

ELISE BURGESS  |  MONDAY, 7 MAR 2011
... well as his knowledge of industry policy, governance principles, and essential financial reforms affecting the superannuation sector," Delaney said. Brumby is replacing David Lloyd QC, who was appointed interim Chairman in September last year. MTAA Super ...

Quadrant eyes Vision Super

ELISE BURGESS  |  MONDAY, 7 MAR 2011
... These ventures are designed to generate significant cost savings but also keep the fund viable in the changing superannuation market. Wayne Davy, chief executive of Quadrant Super, said Vision Super offered Quadrant the ability to retain its state identity ...

Super cap breach stings 65,000

ALISON BEVEGE  |  FRIDAY, 4 MAR 2011
More than 65,000 Australians have breached their concessional superannuation contribution cap leading to excess tax on their retirement funds, according to Government figures. In a response to a Senate question by Shadow Assistant Treasurer Mathias ...