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Showing 12211 - 12220 of 22842 results for "Funds"

AMP Capital joins mFund

JAMES FERNYHOUGH  |  MONDAY, 8 DEC 2014
AMP Capital has joined ASX's mFund Settlement Service, listing six of its funds on the service. This takes the number of fund managers listed on the service to 23, and the number of funds to 70. ASX managed investment services manager Ian Irvine said ...

SPAA "disappointed" by the FSI's SMSF borrowing recommendations

ALICE URIBE  |  MONDAY, 8 DEC 2014
... government reinstate the prohibition on direct borrowing for limited recourse borrowing arrangements (LRBAs) by superannuation funds. Graeme Colley, SPAA director of technical and professional standards told Financial Standard that they were initially ...

Industry funds reject majority independent directors

JAMES FERNYHOUGH  |  MONDAY, 8 DEC 2014
... interests from unions and other bodies," he said. "We strongly support the recommendation to require public offer superannuation funds to have a majority of independent directors and an independent chair." The Association of Superannuation Funds of Australia ...

Global shares tipped amid slow local growth

JAMES FERNYHOUGH  |  MONDAY, 8 DEC 2014
... the economy going into "income recession." Falling commodity prices are unlikely to have a direct effect on superannuation funds, as they are not major direct investors in commodities. According to APRA figures, as of September 2014 just 0.06% of superannuation ...

Boost impact investing, says FSI

MARK SMITH  |  SUNDAY, 7 DEC 2014
... said. Murray also acknowledged the "valuable role" financial services intermediaries play a in channelling impact investment funds and building capacity in not-for-profit and social enterprises to attract impact investment funds. Specifically the report ...

Murray calls for end to LRBAs

ALICE URIBE  |  SUNDAY, 7 DEC 2014
... government reinstate the prohibition on direct borrowing for limited recourse borrowing arrangements (LRBAs) by superannuation funds. It said that the government should restore the general prohibition on direct borrowing by removing Section 67A of the ...

Industry braces for majority independent directors

JAMES FERNYHOUGH  |  SUNDAY, 7 DEC 2014
... boards to have any independent directors at all. The report states this policy should only affect APRA-regulated public offer funds, suggesting funds which are only open to their particular industry will be exempt. "Including independent directors on ...

FSI favours Chile-style default super auction

JAMES FERNYHOUGH  |  SUNDAY, 7 DEC 2014
... competition." It put this lack of competition down to members' lack of engagement and reliance on employers to choose default funds for their employees. Under the new system, the report stated: "[E]ach fund would be required to compete for new workforce ...

Murray's FSI: consumers win round one

ALEX DUNNIN  |  SUNDAY, 7 DEC 2014
... by retail groups) for the FSI to say this is stunning. So expect a ramp up in indexed investments, use of Exchange Traded Funds and managed account type pricing, in-turn meaning that the days of over-priced wraps and platforms charging 1.5% fees as a ...

Banks should hold more capital: Murray

AAP  |  SUNDAY, 7 DEC 2014
... result in higher interest rates for customers. The inquiry also recommends clamping down on borrowing by superannuation funds and the introduction of a competitive process to allocate new workforce entrants to MySuper products. Provisions that deny some ...