Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 12551 - 12560 of 18145 results for "superannuation"

School staff take up super advice: NGS Super

MICHELLE BALTAZAR  |  THURSDAY, 1 JUL 2010
Teachers are practicing what they preach, taking up the free financial advice services offered by NGS Super at an unprecedented rate in the last six months - proof that not everyone's indifferent about their retirement savings. In May last year, NGS ...

Govt extends drawdown relief for account-based pensions

MICHELLE BALTAZAR  |  THURSDAY, 1 JUL 2010
The government has extended the drawdown relief currently provided for account-based superannuation pensions to the 2010-11 year. Under existing laws, self-funded retirees are required a set minimum payment from their superannuation account-based pension ...

APRA dictates investment option labels

MICHAEL HOBBS  |  WEDNESDAY, 30 JUN 2010
... assignments for growth, balanced and capital stable options are yet to be confirmed. APRA said they would rely on the superannuation industry for advice on what these levels should be. The regulator's move is significant given there has been no standard ...

REI Super re-signs Ibbotson

PRESS RELEASE  |  WEDNESDAY, 30 JUN 2010
... grow its institutional consulting presence locally. Ibbotson also provides investment advice to the Suncorp Staff Superannuation Fund, BT Lifetime Flexible Pension and BOC Gases Superannuation Fund, according to Rainmaker.

Bookmakers fund adopts liquidity strategy

RUTH LIEW  |  WEDNESDAY, 30 JUN 2010
The Bookmakers Superannuation Fund is removing switching restrictions to its conservative strategies, and dividing its balanced pension and accumulation options in a bid to reopen the fund which faced illiquidity problems during the GFC. The Bookmakers ...

State Street win $10 billion in mandates

RUTH LIEW  |  WEDNESDAY, 30 JUN 2010
State Street Global Advisors has won $10 billion in passive equity mandates from QSuper. SSgA announced yesterday the funds will be invested in an Australian Equities Index mandate, an International Equities Index mandate and a Global REIT Index mandate. ...

Govt provides flexibility on fee for service

MICHAEL HOBBS  |  TUESDAY, 29 JUN 2010
... Future of Financial Advice reforms. Speaking in parliament last week, Chris Bowen, minister for financial services, superannuation and corporate law, said while there will be a ban on conflicted payments, the government is not interested in prescribing ...

New benchmarks for better retirement: ASFA

MICHELLE BALTAZAR  |  TUESDAY, 29 JUN 2010
The Westpac ASFA Retirement Standard, which gives Australians a good indication of how much they need to save for retirement, has been adjusted to factor in modern comforts that used to be nice-to-haves but are now must-haves. In the report, the new ...

Delays for Military Super merger

RUTH LIEW  |  TUESDAY, 29 JUN 2010
... introduced a package of bills to collectively support these government reforms. The Governance of Australian Government Superannuation Schemes Bill 2010 establishes the Commonwealth Superannuation Corporation as a single trustee body responsible for ...

NY fund sues BP over oil spill losses

RUTH LIEW  |  TUESDAY, 29 JUN 2010
The $152 billion New York State Pension Fund is suing British Petroleum over losses from the oil spill disaster. In a press statement, New York state comptroller Thomas P. DiNapoli, the trustee of the NY fund, said he was hiring law firm Cohen Milstein ...