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Showing 12531 - 12540 of 21795 results for "Dec"

Challenger supports default 'MyPension' product

JAMES FERNYHOUGH  |  TUESDAY, 9 SEP 2014
Superannuation funds with MySuper products should be allowed to extend their default offering into retirement, and should include annuities in that offering, Challenger has told the Financial System Inquiry (FSI). In its second submission to the FSI ...

FOS demands licensee-funded consumer protection scheme

LAURA MILLAN  |  MONDAY, 8 SEP 2014
All relevant entities licensed to distribute financial products should fund a default consumer protection scheme to ensure consumers are paid when awarded compensation, the Financial Ombudsman Service (FOS) asked in its submission to the Financial System ...

Super fees drop as fund war rolls on

LAURA MILLAN  |  MONDAY, 8 SEP 2014
Superannuation fees have been at the centre of public debate since David Murray's Financial System Inquiry (FSI) flagged that there is little fee-based competition and that "fees appear high by international standards." But the Rainmaker 2014 Super ...

Super Mario to the rescue (again)

BENJAMIN ONG  |  FRIDAY, 5 SEP 2014
Financial markets didn't get the kitchen sink they were hoping for but the fridge - along with the promise that the kitchen sink would come later - was good enough. With the eurozone economy in a coma - second quarter real GDP growth was zero - and ...

Who will buy NAB Asset Servicing?

JAMES FERNYHOUGH  |  THURSDAY, 4 SEP 2014
In July, National Australia Bank announced to the ASX that it was "undertaking discussions with a number of Global Custody providers" over the future of its custody business, NAB Asset Servicing (NAS). While NAB described it as a "strategic partnering" ...

Crisis deepens for van Eyk Blueprint funds

MARK SMITH  |  THURSDAY, 4 SEP 2014
The van Eyk Blueprint Alternatives Fund and van Eyk Blueprint Alternatives Plus Fund are the only surviving products remaining in the Blueprint series following the decision by Macquarie to terminate a further nine portfolios that it acts as responsible ...

SG freeze to hit young and low income earners hardest

JAMES FERNYHOUGH  |  WEDNESDAY, 3 SEP 2014
The government's decision to hold off raising the superannuation guarantee will cost young people tens of thousands of dollars in retirement savings, according to figures released by Industry Super Australia. A 25-year-old on $40,000 a year will miss ...

State Street appoints head of alternatives in Asia

LAURA MILLAN  |  WEDNESDAY, 3 SEP 2014
State Street's new head of alternatives for Asia Pacific will look after the organisation's hedge fund, private equity and real estate businesses in the region. Bob Keogh will be based in Hong Kong and has more than two decades of experience in financial ...

Carried away by the dollar-A

BENJAMIN ONG  |  WEDNESDAY, 3 SEP 2014

SG frozen till 2021, industry 'dismayed'

JAMES FERNYHOUGH  |  TUESDAY, 2 SEP 2014
The Senate has passed legislation that will freeze the superannuation guarantee at 9.5% until 2021, and abolish the Low Income Superannuation Contribution in 2017. The laws, which were part of an extensive package of reforms contained in the Minerals ...