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Showing 1451 - 1460 of 2150 results for "AUD"

Super returns up slightly to 12.8pct

ALEX DUNNIN  |  FRIDAY, 4 APR 2014
... and super fund returns.. The rolling 12 month return from international shares was meanwhile steady on 40% even though the AUD rose in value 2.2% relative to the USD during February (but over the 12 months it fell 16%). In contrast, cash returned 2.8% ...

Wanted: Money managers that are investors not product makers

ALEX DUNNIN  |  WEDNESDAY, 2 APR 2014
In an era when many investment managers are engineering overly complex, multi-layered model-driven strategies, traditional managers focused on long term fundamentals are finding a receptive audience. "It's performance, performance, performance. It's ...

ATO initiative raises $640 million from wealthy Australians

MARK SMITH  |  WEDNESDAY, 26 MAR 2014
The Australian Taxation Office (ATO)'s voluntary compliance initiative has exceeded expectations, raising $640 million from wealthy Australians since it was launched four years ago. Following the success of the scheme the ATO announced it has received ...

Gonski questions concept of board independence

JAMES FERNYHOUGH  |  TUESDAY, 25 MAR 2014
Former Future Fund chair David Gonski has questioned whether there is really such a thing as an 'independent' director, arguing that independence is a "state of mind". Speaking at the Australian Institute of Superannuation Trustees' (AIST) Conference ...

Retiree 4pct drawdown limits too high

ALEX DUNNIN  |  TUESDAY, 11 MAR 2014
New research released by the Financial Services Institute of Australia (Finsia) reveals that the standard 4% retirement income drawdown may be too high and inadvertently result in retirement funds running out too quickly. The research is detailed in ...

Standard Life Inv steps up shareholder activism

MARK SMITH  |  TUESDAY, 4 MAR 2014
Global investment manager Standard Life Investments has said it is enjoying the benefits of new regulations which promote shareholder activism. In 2013 regulators around the world introduced new laws and regulations designed to strengthen corporate ...

AMP chairman to retire amid wider board changes

ALICE URIBE & AAP  |  MONDAY, 3 MAR 2014
AMP chairman Peter mason will retire after eight years in the role, to be replaced CSIRO chairman Simon McKeon. Mason's retirement is in line with AMP's board tenure guidelines. He also served as a director for more than 10 years. McKeon joined the ...

BOQ adds to board

STAFF WRITER  |  THURSDAY, 27 FEB 2014
BOQ has appointed Bruce Carter, founding managing partner of Ferrier Hodgson South Australia to the BOQ Board. This comes after the recent appointment of Margaret Seale on 21 January 2014, and brings the total number of Directors to 10. Carter has extensive ...

ASIC: no plans for SMSF balance threshold

ALICE URIBE  |  FRIDAY, 21 FEB 2014
The Australian Securities and Investments Commission (ASIC) has no plans to prevent financial planners from providing advice for self-managed superannuation funds with balances under $100,000. Speaking at the 2014 SPAA SMSF National Conference in Brisbane ...

Ausbil appoints external auditor to investigate fund fees

LAURA MILLAN  |  WEDNESDAY, 19 FEB 2014
Ausbil Dexia has sought the assistance of an external auditor to investigate technical problems around the fee structure of its Emerging Leaders Fund. Ausbil director of distribution Adam Lancaster confirmed to Financial Standard that the company has ...