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Showing 12521 - 12530 of 22851 results for "Funds"

Impartiality of FWC Expert Panel challenged again

JAMES FERNYHOUGH  |  FRIDAY, 29 AUG 2014
... Australia as first respondent. It's challenge was upheld by the court, and the three-yearly review of default superannuation funds was suspended until an appropriate expert member was appointed. This is yet to occur.

Perpetual launches Global Share Fund on profit rise

MARK SMITH  |  FRIDAY, 29 AUG 2014
Perpetual has added a new Global Share Fund to its stable of funds coinciding with a strong full year result for the fund manager. The group posted a 34% rise in net after tax profit to $81.6 million and will pay a full year fully franked dividend of ...

Super contributions back to pre-crisis levels

MARK SMITH  |  FRIDAY, 29 AUG 2014
Contributions to APRA-regulated superannuation funds are the strongest they've been since the on-set of the global financial crisis, according to a research report by the Financial Services Council (FSC). Total contributions for the 2013-14 year were ...

Insurance through super saves $403 million

STAFF WRITER  |  FRIDAY, 29 AUG 2014
... government of social security by about $403 million, according to new research commissioned by the Association of Superannuation Funds of Australia (ASFA). These savings are a result of a decrease in costs related to government spending on income payments ...

FSC: Appoint an ASIC commissioner for international issues

MARK SMITH  |  THURSDAY, 28 AUG 2014
... integration with Asia and opening up trade in financial services is pivotal to Australia's future. Australia's $2.3 trillion funds management industry constitutes 51 per cent of total funds under management in the Asian Region, yet we have failed to ...

IFM warns against foreign ownership of infrastructure

JAMES FERNYHOUGH  |  THURSDAY, 28 AUG 2014
The liquidity requirements of Australian superannuation funds will discourage them from investing in Australian infrastructure, meaning more assets will be bought by foreign investors, IFM Investors has warned. In its submission to the Financial System ...

Select chair to become OneVue deputy CEO

ALICE URIBE  |  THURSDAY, 28 AUG 2014
... to 12 months. The cash component will be funded from existing cash holdings As a result of the purchase OneVue's retail funds under management and administration (FUMA) will increase from $1,940 million to $2,609 million (excludes one asset consulting ...

Consumers overwhelmingly positive about super

JAMES FERNYHOUGH  |  THURSDAY, 28 AUG 2014
... stability and certainty, compared to 53% last year. Confidence in the system increased by 8% to 57%, while trust in individual funds increased by 6% to 56%. Overall, 86% of Australians said they supported superannuation, a figure which FSC chief executive ...

Australian Money Market adds CBA to platform

MARK SMITH  |  THURSDAY, 28 AUG 2014
... providers ANZ, Bank of Queensland, Bankwest and Macquarie Bank. Australian Money Market facilitates the secure movement of funds between financial institutions via a central cash management account in the client's name. AMM does not hold any monies on ...

Hold fire: Emerging market debt set for correction

MARK SMITH  |  THURSDAY, 28 AUG 2014
... Global Asset Management head of emerging markets debt portfolio management Guillermo Osses. He has positioned the group's funds for a correction and even told existing clients to hold off on committing more capital to the asset class until the US has ...