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Showing 13531 - 13540 of 18167 results for "superannuation"

REST ramps up credit exposure

MICHAEL HOBBS  |  TUESDAY, 24 FEB 2009
Retail Employees Superannuation Trust (REST) extended the fund's credit exposure by investing $150 million in the Credit Suisse Syndicated Loan fund and $100 million Stone Tower's Offshore Credit fund in December. Damian Hill, REST chief executive ...

Spec Super goes public

MICHAEL HOBBS  |  TUESDAY, 24 FEB 2009
Superannuation Plan for Electrical Contractors (Spec Super) has transitioned to a public offer fund, broadening its membership base in the electrical industry. Bob Henricks, Spec Super chair, said self employed electrical contractors can now plug into ...

Infrastructure wins pension funds votes

RUTH LIEW  |  TUESDAY, 24 FEB 2009
Australian industry superannuation funds might be at the vanguard of unlisted infrastructure investing - but they could soon face stiff competition from their international rivals. According to an OECD report on pension fund investment in infrastructure ...

Westscheme spends cash

RUTH LIEW  |  TUESDAY, 24 FEB 2009
The $2.4 billion industry fund Westscheme is bucking the trend of super funds going overweight in cash and is rebalancing its portfolio weekly across all asset classes. According to Howard Rosario, chief executive of the West Australian-based fund ...

Alaska fund drops alternatives mandates

RUTH LIEW  |  MONDAY, 23 FEB 2009
The $43 billion Alaska Permanent Fund Corporation has axed two alternative investment mandates in light of the fund's shrinking assets. According to a press statement by the American fund, the board decided "not to move forward with two planned alternative ...

State Super focuses on risk

RUTH LIEW  |  MONDAY, 23 FEB 2009
The $30 billion State Super is focussed on fine-tuning its trustee board's risk detection and management skills to help steer the fund through the global financial crisis. Don Russell, chairman of State Super, said he is looking to boost the involvement ...

Infrastructure fund beats downturn

RUTH LIEW  |  MONDAY, 23 FEB 2009
... per cent over a five year average. The fund's benchmark return is 8.75 per cent per annum after fees and implied superannuation tax. According to TPCG's company secretary, Independent Fund Administrators & Advisers, the fund was first set up to meet ...

Sherry attacks Hockey on super policy

MICHAEL HOBBS  |  MONDAY, 23 FEB 2009
Minister for superannuation and corporate law, Senator Nick Sherry has called on new shadow treasurer Joe Hockey to drop the Liberal Party's "dangerous, uncosted and job-killing mess" of a superannuation policy. Prior to Hockey's appointment, the Opposition ...

Wide Bay tags Aviva insurance

RUTH LIEW  |  FRIDAY, 20 FEB 2009
... Aviva said has more than 90 partnerships around the world generating 33 per cent of the firm's life insurance and superannuation sales.

AMP posts profits, AUM falls

MICHELLE BALTAZAR  |  THURSDAY, 19 FEB 2009
... went through the wringer. The group's Contemporary Wealth Management business, which includes financial planning, superannuation, pensions and the banking business, saw operating earnings drop by 13 per cent to $266 million after assets under management ...