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ISA and FSC prepare for Federal Court clash

JAMES FERNYHOUGH  |  WEDNESDAY, 7 MAY 2014
A Federal Court face-off between the Financial Services Council (FSC) and Industry Super Australia (ISA) looks likely over the Fair Work Commission's (FWC) involvement in workplace superannuation. The FSC yesterday lodged an application with the Federal ...

Super to engender securitisation 'rebirth': Brogden

JAMES FERNYHOUGH  |  TUESDAY, 6 MAY 2014
The superannuation system could use its huge and ever-growing pool of capital to become a mortgage lender in partnership with the banks, according to Financial Services Council chief executive John Brogden. Speaking at the Actuaries Institute's Financial ...

Age Pension to rise to 70 by 2035

MARK SMITH, JAMES FERNYHOUGH  |  FRIDAY, 2 MAY 2014
Treasurer Joe Hockey has confirmed that he plans to raise the Age Pension eligibility age to 70 by 2035 in the upcoming Budget. Confirmation came in an interview with Alan Jones on 2GB radio in which the two men were discussing the Commission of Audit's ...

ECB to stay in May

BENJAMIN ONG  |  FRIDAY, 2 MAY 2014
Phew! That was close. No Virginia, we didn't hear this sigh of relief from European Central Bank president Mario Draghi yesterday, but we would have had the Fed's policy announcement and America's first quarter GDP growth update not drowned out the ...

BTIM on the hunt for new investment teams

MARK SMITH  |  THURSDAY, 1 MAY 2014
BT Investment Management is targeting experienced investment teams with strong track records at rival firms as it looks to grow its funds management capability, chief executive Emilio Gonzalez said. The company boss said the group would not rest on ...

May the Fed be with you

BENJAMIN ONG  |  THURSDAY, 1 MAY 2014
... target federal funds rate below levels the Committee views as normal in the longer run." Haven't we heard all these before? Yes Virginia, we have... but there's something soothing and reassuring to be told repeatedly that the Fed would lurve you, I and ...

FSC will take FWC to Federal Court

JAMES FERNYHOUGH  |  TUESDAY, 29 APR 2014
The Financial Services Council (FSC) will take legal action against the Fair Work Commission (FWC) after it rejected the FSC's request for a hearing on the validity of the expert panel. FSC chief executive John Brogden said he would apply for "an urgent ...

netwealth appoints head of investment and research

LAURA MILLAN  |  TUESDAY, 29 APR 2014
netwealth has appointed Challenger national key account manager to the role of head of investment management and research The company made the announcement that Paul O'Connor would take up the position on May 19 during its yearly update yesterday. O'Connor ...

Treasurer readies electorate for Age Pension cuts

MARK SMITH  |  THURSDAY, 24 APR 2014
Treasurer Joe Hockey has given the strongest signal yet that cuts to the Age Pension will headline a raft of belt-tightening measures in the upcoming Budget. In a speech at Sydney's Doltone House yesterday, the Treasurer said that Australia's spending ...

FEATURE: The alpha hunters

JAMES FERNYHOUGH  |  FRIDAY, 11 APR 2014
... land with a homogeneous share market and conservative investors. But is there any more to it than that? The short answer is, yes. Despite the indisputable dominance of financials and resources and the quantified conservatism of investors, there is more ...