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Showing 1571 - 1580 of 2218 results for "COO"

Trustees warned as APRA toughens guidances

ALEX DUNNIN  |  WEDNESDAY, 11 AUG 2010
With the ink hardly dry on the Cooper Report's recommendations for a Trustee Code of Practice, the prudential regulator APRA has released revised trustee guidances on capital structures, risk management, resources adequacy and trustee fitness. Following ...

Not a jobless double-dip

BENJAMIN ONG  |  MONDAY, 9 AUG 2010
Double-dip here we come! Yes Virginia, we're on our way back to the abyss. This, if you believe the talking heads and the written words on the financial media after the latest update on US employment hit trading screens last Friday night. The numbers. ...

SMSFs carry underlying key person risk: report

MICHAEL HOBBS  |  WEDNESDAY, 4 AUG 2010
A new report has raised concerns about the structure of self managed super funds (SMSF) as trustees potentially become unable to adequately invest and administer their retirement savings as they get older. The Financial Wellbeing in Retirement report ...

Art lobby wins fight to keep SMSFs art-friendly

SPAA MEDIA STATEMENT  |  MONDAY, 2 AUG 2010
The Federal Government has endorsed the Cooper Review's key MySuper reforms but in a major victory for the art industry and self-managed super fund trustees, it said that it won't adopt the move to ban SMSFs from investing in 'collectables'. The leading ...

Motor Finance Wizard withdraws interest-free loans

ASIC RELEASE  |  MONDAY, 2 AUG 2010
Motor financial services group Motor Finance Wizard, famous for its "Motor Finance Wizard said yes!" ads about interest-free loans, withdrew its ads following ASIC concerns they were misleading and provided some clients with "unaffordable credit". In ...

Mandatory trustee pay disclosure draws debate

MICHELLE BALTAZAR  |  FRIDAY, 30 JUL 2010
Proposed trustee governance reforms will fix many of the regulatory gaps in the system, but Cooper Review panelist Sandy Grant questions adopting 'listed company' type governance measures, such as mandatory pay disclosure, just for the sake of having ...

FEAL Conference cuts through the noise

MICHAEL HOBBS  |  WEDNESDAY, 28 JUL 2010
More than 250 super fund professionals are set to attend this year's Fund Executives Association Limited (FEAL) Conference, which kicks off next Wednesday and will confront trustees with the question: whose interests are you really serving? The conference ...

Infrastructure mandates tough for super funds

RUTH LIEW  |  THURSDAY, 22 JUL 2010
Super funds investments into Australian infrastructure should be a win-win arrangement for both parties - but the current structures and projects remain too risky for institutional mandates, according to Asset Super. John Paul, chief executive of the ...

INGIM global emerging markets fund under new team

MICHAEL HOBBS  |  WEDNESDAY, 21 JUL 2010
Standard & Poor's Fund Services has placed the ING Global Emerging Markets fund 'on hold' after the fund manager created an internal boutique to manage the funds. Previously a small investment team managed ING Investment Management's (INGIM) global ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 21 JUL 2010
The Australian stock market has received a positive lead from offshore markets, after Wall Street closed higher and commodities prices ended firmer. At 0745 AEST on the Sydney Futures Exchange, the September share price index contract was 41 points ...