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Showing 141 - 150 of 198 results for "David White"

Retail super fund commissions revealed

MATT WOODINGTON  |  TUESDAY, 6 SEP 2011
Retail super fund members paid almost $3 billion in commissions during 2010, according to new Rainmaker research. The fee study, commissioned by Industry Super Network, shows that members parted with $1.9 billion in payments linked to super investments ...

Rice Warner: opt-in cost applies to advisers in regular contact

MATT WOODINGTON  |  TUESDAY, 30 AUG 2011
The $11 per client cost of opt-in is based on the assumption that advisers are already in contact with clients at least once every two years, according to Rice Warner who made the calculation. The government yesterday said that the $11 per client includes ...

FOFA divides on commission

ELISE BURGESS  |  MONDAY, 29 AUG 2011
The Government's stance on the banning of commissions has proven to be a contentious issue, attracting quick responses from industry heavyweights after today's release of draft legislation of the Future of Financial Advice reforms. Despite hinting that ...

Super funds want a cost-benefit analysis on disclosure

ALISON BEVEGE  |  MONDAY, 15 AUG 2011
Superannuation funds want a cost-benefit analysis done on the merits of disclosing their investments in response to a new push by the corporate regulator for greater transparency in the industry. The Australian Securities and Investments Commission ...

Intrafund advice a sticking point for Stronger Super group

ALISON BEVEGE  |  TUESDAY, 2 AUG 2011
No agreement was reached by representatives of the Stronger Super Peak Consultative Group on the contentious issue of intra-fund advice, a source present at the meetings has said. The 15-member group could not reach common ground as to what constituted ...

Time for super to step up

ALEX DUNNIN  |  THURSDAY, 28 JUL 2011
Australia's superannuation asset pool has grown to be one of the nation's major macroeconomic advantages and it's time for the sector to take an investment and economic leadership position, said David Whiteley, chief executive of the Industry Super ...

Super fund director taken to court for fees

ALISON BEVEGE  |  MONDAY, 18 JUL 2011
An industry superannuation fund director and union boss is being taken to court for the board fees he earned, by another state secretary of his union. Dean Mighell, Victorian secretary of the Electrical Trades Union (ETU), lodged a statement of claim ...

Industry brawl erupts over super network ads

ALISON BEVEGE  |  FRIDAY, 15 JUL 2011
Financial service industry feuds erupted again today as the Financial Planning Association fired a shot across the bow of the Industry Super Network over an advertising campaign that it believes harms financial planners. The print advertisements allege ...

Retail funds want more super access

ALISON BEVEGE  |  MONDAY, 11 JUL 2011
AMP has joined the chorus of retail funds who want the current award system opened to more competition, giving their superannuation funds greater access to default-fund advantage. AMP has tried repeatedly to join an industry award through Fair Work ...

PC to review how defaults appointed to Awards

ALEX DUNNIN  |  FRIDAY, 10 JUN 2011
The Productivity Commission will in 2012 review how default funds are appointed to Industrial Awards, said superannuation minister Bill Shorten, just one day after APRA released figures showing that the retail sector has again under performed the not-for-profit ...