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Showing 1201 - 1210 of 2479 results for "James"

Northern Trust wins LUCRF $220m ESG mandate

JAMES FERNYHOUGH  |  TUESDAY, 27 MAY 2014
Northern Trust Asset Management has won a $220 million mandate from the Labour Union Co-operative Retirement Fund (LUCRF). The World ex Australia index mandate, managed by the fund's international business Northern Trust Global Investments Limited ...

Cbus insurance premiums jump to almost $15 a week

JAMES FERNYHOUGH  |  TUESDAY, 27 MAY 2014
Industry fund Cbus has almost doubled its life insurance premiums, becoming the latest super fund to do so in response to a spike in claims. Following renegotiations with group insurer Hannover Life Re of Australasia, Cbus members on the default option ...

Government delays SuperStream deadline

JAMES FERNYHOUGH  |  TUESDAY, 27 MAY 2014
The government has pushed back the deadline at which super funds must comply with SuperStream to 1 July 2015. The SuperStream regime is due to commence on 1 July 2014, at which time employers with more than 20 employees will be able to start making ...

Invest in UK infrastructure, super funds urged

JAMES FERNYHOUGH  |  MONDAY, 26 MAY 2014
The British government is targeting Australian superannuation funds as potential investors in a raft of new infrastructure projects in the United Kingdom. According to Justine Allan, head of institutional investor relations for government body, UK Trade ...

Raise preservation age with some exceptions: FSC

JAMES FERNYHOUGH  |  MONDAY, 26 MAY 2014
The Financial Services Council (FSC) is pushing for an increase in the preservation age to 65, but with early access measures for those who are unable to work to that age. The FSC said that, with the Age Pension eligibility age set to rise to 70 by ...

FSC apologises to AusSuper for misinformed tweet

JAMES FERNYHOUGH  |  MONDAY, 26 MAY 2014
The Financial Services Council (FSC) has issued an apology on Twitter after it wrongly stated that AustralianSuper collects $19 million a year for intra-fund advice. The tweet, which was issued on 22 May, stated: "$19 million collected by AustralianSuper ...

Market Wrap AM

AAP  |  MONDAY, 26 MAY 2014
... but by the same token, there is nothing in the data that suggests that the bull market should come to an end." But Michael James, managing director of equity trading at Wedbush Securities, noted that trading volumes were extremely light all week ahead ...

Super returns bonanza fizzles out

JAMES FERNYHOUGH  |  FRIDAY, 23 MAY 2014
Super funds have seen the lowest rates of return for almost two years, according to figures released by the Australian Prudential Regulation Authority (APRA). In the March quarter, super funds with more than $50 million in funds under management saw ...

Kearns steps down as Centric Wealth CEO

JAMES FERNYHOUGH  |  THURSDAY, 22 MAY 2014
Phil Kearns has announced he will step down as chief executive of advice group Centric Wealth two months after the company was acquired by fellow non-aligned advice group Findex Australia. Kearns, who joined Centric in June 2011, will be replaced by ...

T. Rowe Price partners with BT and Mosaic

JAMES FERNYHOUGH  |  THURSDAY, 22 MAY 2014
T. Rowe Price has partnered with Mosaic and, separately, with BT Financial Group to develop two global fixed income products. The Specialist Income Fund was developed with Mosaic for Shadforth Financial Group and its aligned advisers' client base, while ...