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Showing 12901 - 12910 of 21799 results for "Dec"

Perpetual jettisons Guardian Trust

MARK SMITH | MONDAY, 7 APR 2014

Perpetual has sold The New Zealand Guardian Trust Company to Complectus for NZ$68.5 million ($63.3 million). The move follows Perpetual's December 2013 acquisition of The Trust Company which owned Guardian Trust. Perpetual said The New Zealand business ...

APRA requests more decision-making power

JAMES FERNYHOUGH | MONDAY, 7 APR 2014

The Australian Prudential Regulation Authority (APRA) has used its submission to the Financial System Inquiry to call for increased independence from government. APRA's submission argues that it needs more freedom to regulate the banking, superannuation ...

Latest Financial Standard issue available on the iPad app

STAFF WRITER | MONDAY, 7 APR 2014

The latest Financial Standard issue available on the iPad app. In the latest edition of Financial Standard, we look at misconceptions over the size of self-managed superannuation Fund (SMSF) viability. We also look at the UK government's decision to ...

ISA attacks financial 'short-termism'

JAMES FERNYHOUGH | FRIDAY, 4 APR 2014

A tendency to take a short-term approach to investment is leading to a "destruction of fundamental value" and declining levels of investment to GDP outside the mining sector, according to Industry Super Australia (ISA). In its submission to the Financial ...

ICAC grills Sinodinos on $20 million inducement

JAMES FERNYHOUGH | FRIDAY, 4 APR 2014

Former assistant treasurer Arthur Sinodinos has said it "never occurred" to him to disclose to New South Wales Premier Barry O'Farrell that he stood to earn a $10 to $20 million commission if Australian Water Holdings (AWH) won its bid to participate ...

FPA calls for clear separation of general and personal advice

LAURA MILLAN | FRIDAY, 4 APR 2014

The Financial Planning Association (FPA) asked the Financial System Inquiry (FSI) to review the definitions of general and personal advice over concerns that the terms make it difficult for consumers to distinguish personal advice from product sales. ...

Super returns up slightly to 12.8pct

ALEX DUNNIN | FRIDAY, 4 APR 2014

The SelectingSuper Workplace rolling 12 month default option index recovered slightly during February to return 12.8% up from 12.5% at end January albeit this is still sharply down from December's 16.1%. Underpinning the results are that the rolling ...

The art of fighting without fighting

BENJAMIN ONG | FRIDAY, 4 APR 2014

Only 2 economists out of the 57 in Bloomberg's survey and just 2 - perhaps the same 2 - out of 72 economist polled by Reuters got it wrong. Think it's safe to say that these two economists (or four, in case they aren't the same two) expected the European ...

Government will go ahead with FoFA changes: Ciobo

JAMES FERNYHOUGH | THURSDAY, 3 APR 2014

The government has reaffirmed its commitment to follow through with its amendments to the Future of Financial Advice (FoFA) reforms, despite putting the changes on hold last week. Speaking at an event hosted by the Financial Services Council, Parliamentary ...

NGS Super rebrands, launches new logo

STAFF WRITER | THURSDAY, 3 APR 2014

Industry fund NGS Super has rebranded, launching a new logo, website, refreshed advertising and a smartphone application. NGS Super chief executive Anthony Rodwell- Ball said the rebranding was aimed at representing all of its member base, which encompasses ...

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Mercer Super chief executive steps down

RIDDHIMA TALWANI | 12:01PM

Mercer Super chief executive Claire Ross is departing after almost 17 years in senior leadership roles at the retail super fund.

AusFood Super looks to revitalise member engagement

MATTHEW WAI | 11:30AM

The $3.5 billion super fund has partnered with InvestStream to launch RetireSmart+, becoming the first super fund to bring an AI-powered engagement experience to some 66,000 members.

L1 Group posts 'marked recovery' in June quarter

RIDDHIMA TALWANI | 12:13PM

L1 Group has reported a marked recovery in investment performance in the June quarter.

European PE firm mandates Apostle with Australian distribution

RIDDHIMA TALWANI | 11:50AM

Apostle Fund Management has been appointed by European investment firm Triton Partners for the distribution of its credit strategies in Australia and New Zealand.

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