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Showing 13901 - 13910 of 18186 results for "superannuation"

LGSS buys Batemans Bay shops

MICHAEL HOBBS  |  FRIDAY, 18 JUL 2008
The NSW Local Government Super Scheme (LGSS) purchased two Batemans Bay based shopping centres worth more than $90 million. Peter Lambert, LGSS chief executive, said the super fund bought the adjacent shopping centres from Stockland for less than the ...

Smaller funds to plateau

RUTH LIEW  |  THURSDAY, 17 JUL 2008
... about 50 to 100 funds in the next five years," said Keevers. Last month, the $165 million Anglican Church Master Superannuation Fund (ACMSF) shut its doors and transferred all members and assets to the $13 billion Sunsuper. Tim Jenkins, retirement business ...

One-size rule does not fit advice

RUTH LIEW  |  THURSDAY, 17 JUL 2008
... Australia. In its submission to the Financial Services Working Group (FSWG) on Simple choices within an existing superannuation account, the FPA argued that reforms should be more ambitious in scope if it is to meet the expectations of consumers. "The ...

IFSA slams proposed default fund

ALEX DUNNIN AND RUTH LIEW  |  WEDNESDAY, 16 JUL 2008
... of the proposition, it seems to have some weaknesses and I'm not sure if it's imputed all the costs of running superannuation fund. It seems to be extraordinarily cheap," he said. Part of Wilson Sy's paper also noted that the fund would receive SG contributions ...

SuperTrace cuts fees and jazzes website

RUTH LIEW  |  TUESDAY, 15 JUL 2008
SuperTrace Eligible Rollover Fund (ERF) has axed benefit payment fees and unveiled a new online search function to help customers find and consolidate lost and inactive super accounts. SuperTrace confirmed that it is eliminating all direct member fees ...

SERF selects JANA as asset consultant

MICHAEL HOBBS  |  TUESDAY, 15 JUL 2008
Stevedoring Employees Retirement Fund (SERF) appointed JANA Investment Advisers as its asset consultant ahead of its proposed merger with the Seafarers Retirement Fund (SRF). Previously, SERF employed FuturePlus as its asset consultant and then employed ...

KiwiSaver to drive fin literacy

RUTH LIEW  |  MONDAY, 14 JUL 2008
... invest and impact positively on the overall economy. "You only need to look at Australia which has had compulsory superannuation for 20 years and has over one trillion dollars in superannuation funds under management," says Oliver. As New Zealanders' ...

US instos ramp up alts to 22pct

MICHAEL HOBBS  |  MONDAY, 14 JUL 2008
Top US institutional investors are expected to allocate more than 22 per cent of their overall portfolios to alternative assets in two years, well above their historic average of single digit allocation, a new survey found. JPMorgan Asset Management's ...

Slash fees with national default fund

ALEX DUNNIN  |  FRIDAY, 11 JUL 2008
... the Australian Prudential Regulation Authority, in a paper he presented to last week's Australian Colloqium of Superannuation Researchers titled " Toward a national default option for low cost superannuation ", noted the default fund would provide an ...

Plum reloads for HNW clients

MICHAEL HOBBS  |  FRIDAY, 11 JUL 2008
... up five per cent of the firm's client base. All Plum financial planners operate on a fee for service basis for superannuation and investment advice. In addition, Plum used MLC's Fundamental Pension product to create its own pension product for its members. ...