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Showing 161 - 170 of 174 results for "legalsuper"

Legalsuper members favour Aussie shares

RUTH LIEW | WEDNESDAY, 21 JAN 2009

Defying the flight to cash, members of the $1 billion dollar legalsuper have increased investments into the fund's S&P/ASX200 option by up to 40 per cent. According to legalsuper, the industry fund experienced nearly 40 per cent in growth for its S&P/ASX200 ...

NAB Group Super axes cash plus

RUTH LIEW | FRIDAY, 29 AUG 2008

... fund. NAB Group Super's decision to go 100 per cent cash follows similar moves by other funds, including industry fund legalsuper. Following member feedback, legalsuper created a "pure cash" option and seeded it with a $35 million investment in Macquarie's ...

More super to move into daily pricing

RUTH LIEW | THURSDAY, 21 AUG 2008

... head of business development at BNP Paribas Securities Services. Andrew Proebstl, chief executive of the $1 billion legalsuper, agrees. "The [superfund] industry continues to show strong signals that the way to the future is unit pricing. I think you ...

Legalsuper boosts 'pure cash' with Macq index

RUTH LIEW | WEDNESDAY, 20 AUG 2008

Following member feedback, legalsuper created a "pure cash" option and seeded it with a $35 million investment in Macquarie's True Index Cash fund. The super fund's chief executive Andrew Proebstl said the move came about following negative returns ...

Once lost, now found: super

RUTH LIEW | MONDAY, 18 AUG 2008

... databases. Industry superannuation funds have also been hot on the heels of lost super. Last year, Andrew Proebstl, legalsuper's chief executive, said the fund took the initiative to work with AUSfund to find the lost super of members. legalsuper's initiative ...

Gen Y risks high fees

RUTH LIEW | WEDNESDAY, 23 JUL 2008

... more likely to pay higher super fund fees during their lifetime because of their job-hopping lifestyle, according to legalsuper. legalsuper chief executive, Andrew Proebstl, said many employees particularly those in the Gen Y bracket could face hiked ...

Salary sacrifice on the rise: legalsuper

RUTH LIEW | FRIDAY, 20 JUN 2008

The $1 billion industry fund, legalsuper, has experienced a 50 per cent increase in salary sacrifice contributions at the end of May, despite returns being the worst for 20 years. Andrew Proebstl, chief executive of the $1 billion super fund claims ...

Alternatives cause valuation headaches

MICHAEL HOBBS | THURSDAY, 10 APR 2008

Super fund legalsuper has taken extra steps when reviewing its alternative assets portfolio to address concerns that members could risk losing their savings from mispricing of illiquid assets. The super fund now do monthly valuations of their alternative ...

Bad markets, good advice

RUTH LIEW | THURSDAY, 10 APR 2008

... statement on its website to read their half-yearly statement released last month to check their investments' performance. Legalsuper chairman David Miles warned members of lower returns in its mid-year newsletter in February. According to Thomas, portfolio ...

Legalsuper recovers a million in super

... a million dollars is a sliver of the country's $9.7 billion in 'lost super' but it is still a million dollars that legalsuper has recovered at negligible or no cost to its members. Andrew Proebstl, legalsuper's chief executive, said that in the last ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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