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Showing 2021 - 2030 of 2989 results for "ARRA"

Instos increase alternative allocations

MELANIE TIMBRELL  |  THURSDAY, 24 MAY 2012
Super funds are increasing allocation to alternatives, although demand is more for tailored solutions rather than cookie cutter approaches, according to two asset managers. "These [super] funds are looking at their overall allocation and looking at ...

ATO clarifies borrowing issues for SMSFs

RACHEL DAVIS  |  THURSDAY, 24 MAY 2012
The Australian Tax Office has clarified what is meant by a 'single acquirable asset' and what constitutes repair or maintenance of an asset, according to the SMSF Professionals' Association of Australia. The release of the Self Managed Superannuation ...

Industry questions RE concept after Trio collapse

MELANIE TIMBRELL  |  WEDNESDAY, 23 MAY 2012
An in-house responsible entity has been singled out as a common theme between Trio and other collective investment collapses since 2007, although industry insiders have labelled the comment a rehash of an old debate. "While the report shared around ...

NAB AS wins Maple-Brown Abbott mandate

RACHEL DAVIS  |  WEDNESDAY, 23 MAY 2012
National Australia Bank's Asset Servicing division has been appointed to provide custodial and administration services to Maple-Brown Abbott's retail funds, one of nine new clients the business has won in the past nine months. With approximately $10 ...

SPAA: Last resort compensation scheme needed

LINDA HAUSKEN  |  WEDNESDAY, 23 MAY 2012
There is a convincing argument for the establishment of a last resort compensation scheme, according to Self-Managed Super Fund Professionals' Association of Australia chief executive, Andrea Slattery. "Superannuation fraud affects ordinary Australians ...

AIST warns MySuper deadline tight

BEN COLLINS  |  FRIDAY, 18 MAY 2012
The Australian Institute of Superannuation Trustees MySuper third tranche submission has warned that the July1 2013 deadline for the disclosure of MySuper comparisons on a product dashboard is very tight, urging the Government to move quickly to provide ...

CSSA: MySuper puts corporate super insurance at risk

RACHEL DAVIS  |  FRIDAY, 18 MAY 2012
CSSA: MySuper puts corporate super insurance at riskThere is a fundamental flaw in the assumptions being made by Treasury regarding what happens to a member's benefits when they leave a corporate super fund, according to the Corporate Super Specialist ...

Dealer group launches mobile medical service

RACHEL DAVIS  |  FRIDAY, 18 MAY 2012
Non-aligned dealer group Synchron has launched a mobile medical and pathology service, in partnership with Health Predictions, to assist advisers with the underwriting process. "Currently, if an adviser needs to arrange medical investigations for a ...

AustralianSuper wins landmark IBM mandate

MELANIE TIMBRELL  |  THURSDAY, 17 MAY 2012
AustralianSuper has won Australia's largest corporate super outsourcing mandate to manage the $1.7bn IBM staff fund. Subject to due diligence, current IBM Super members and employees will transfer to AustralianSuper effective 1 November 2012. The tender ...

Super funds urged to disclose director and exec pay

BEN COLLINS  |  WEDNESDAY, 16 MAY 2012
The Australian Institute of Superannuation Trustees is calling on its 80 member funds to provide full disclosure of trustee director and executive pay, and not wait for Government regulation. The Australian Institute of Superannuation Trustees (AIST) ...