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Showing 1471 - 1480 of 2331 results for "Dun"

AMP posts strong super and risk flows

MICHAEL HOBBS  |  FRIDAY, 15 MAY 2009
AMP recorded around $2 billion in net cashflows to the firm's superannuation and pension business last year and announced a focus on simpler, transparent products in the long term. AMP Financial Services' net cashflows were up $81 million in the first ...

One in six DB funds in trouble: APRA

ALEX DUNNIN  |  FRIDAY, 15 MAY 2009
APRA has revealed that last year 15.9 per cent of defined benefit (DB) superannuation funds were in an "unsatisfactory financial position" and that things are now likely to be worse. "APRA's survey of all defined benefit and hybrid superannuation funds ...

Super escapes budget knives

ALEX DUNNIN  |  WEDNESDAY, 13 MAY 2009
Generally positive reactions by wealth managers to the second Rudd-Swan federal budget indicate the industry increasingly knows its place in the political landscape. Driving the mooted reaction is how kind the Treasurer Wayne Swan was to the superannuation ...

Kofoed leaves ESSSuper

COMPANY RELEASE  |  TUESDAY, 12 MAY 2009
Don Kofoed, chief executive of the $14.6 billion Emergency Services & State Super, has resigned due to ill health. ESSSuper said in a media statement that Kofoed's resignation was accepted by the Board of ESSSuper, with understanding but with great ...

Market Wrap - Morning

AAP  |  MONDAY, 11 MAY 2009
... points higher at 3,969. In economic news on Monday, the National Australia Bank monthly business survey for April and the Dun and Bradstreet business expectations survey are due. In company news, Incitec Pivot Ltd releases half year results. Boart Longyear ...

Govt continues to target high income HHs

ALEX DUNNIN  |  FRIDAY, 8 MAY 2009
Speculation the government will cut back the health insurance rebate for high income earners lends weight to where it might wield the superannuation axe. A story published this morning in the Australian newspaper reports that the health insurance rebate ...

ESG a fiduciary duty: Sherry

ALEX DUNNIN  |  THURSDAY, 7 MAY 2009
Trustees have a fiduciary duty to take long term factors, including ESG considerations, into account when selecting and managing investments, said Senator Nick Sherry. Senator Sherry, speaking at this morning's Finsia's leadership forum, said this is ...

China's smoking gun

ALEX DUNNIN  |  WEDNESDAY, 6 MAY 2009
If you think Australia is having strange debates about how the government should spend GFC stimulus money to pump prime the economy, wait until you hear what they are arguing about in China. China is one of the last bastions of publicly acceptable cigarette ...

Conflicts not all bad: AIST

ALEX DUNNIN  |  FRIDAY, 1 MAY 2009
In a major submission to APRA, the Australian Institute of Superannuation Trustees (AIST) has said that fighting for the elimination of conflicts of interest can be self-defeating. Instead, the peak interest group for not-for-profit super funds said ...

UK budget cuts HNW pension relief

ALEX DUNNIN  |  WEDNESDAY, 29 APR 2009
In a forerunner to what might happen in next month's Federal Budget, the UK government has slashed retirement savings tax rebates for people earning more than A$300,000. The reforms are part of a widely criticised budget that takes the UK deficit to ...