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Showing 201 - 210 of 1019 results for James Fernyhough

SG frozen till 2021, industry 'dismayed'

JAMES FERNYHOUGH  |  TUESDAY, 2 SEP 2014
The Senate has passed legislation that will freeze the superannuation guarantee at 9.5% until 2021, and abolish the Low Income Superannuation Contribution in 2017. The laws, which were part of an extensive package of reforms contained in the Minerals ...

Govt seeks discretion to freeze super guarantee

JAMES FERNYHOUGH  |  TUESDAY, 2 SEP 2014
The Treasurer may soon have discretionary power to further delay the rise of the superannuation guarantee to 12%, following the passage of legislation in the lower house yesterday. The legislation was part of a large suite of amendments labelled the ...

GSA an affordable alternative to DLAs: APRA

JAMES FERNYHOUGH  |  TUESDAY, 2 SEP 2014
Group self-annuitisation (GSA) may provide a more affordable alternative to deferred lifetime annuities (DLA) when it comes to dealing with longevity risk, according to the Australian Prudential Regulation Authority (APRA). In its second submission ...

NGS appointment brings gender equality to board

JAMES FERNYHOUGH  |  TUESDAY, 2 SEP 2014
NGS Super has appointed former school principal Georgina Smith to the board of trustees, bringing percentage of women on its board to 50%. Smith has worked in education for 35 years, with roles as assistant director, principal consultant, school principal ...

Mercer expands infrastructure team

JAMES FERNYHOUGH  |  TUESDAY, 2 SEP 2014
Mercer has added to its infrastructure team with the appointment of Farhad Billimoria as investment leader for the Pacific arm of the investment business. Billimoria joins Mercer from the California Public Employees' Retirement System (CalPERS), where ...

ISA targets 'sales incentives' in new ad campaign

JAMES FERNYHOUGH  |  MONDAY, 1 SEP 2014
Industry Super Australia (ISA) has pulled no punches in its latest multi-platform advertising campaign which emphasises the controversial sales culture within banks. The ads will be released today across television, print, digital and outdoor sites ...

Ex-Deutsche Bank exec joins Woolworths board

JAMES FERNYHOUGH  |  FRIDAY, 29 AUG 2014
Woolworths has appointed Deutsche Bank's former head of corporate finance for Australia and New Zealand Scott Perkins as a non-executive director. Prior to his role as head of corporate finance, Perkins was chief executive of Deutsche Bank New Zealand ...

Retirement phase top issue for super in FSI

JAMES FERNYHOUGH  |  FRIDAY, 29 AUG 2014
The superannuation industry has overwhelmingly focused on the shortfalls and challenges of the retirement phase of superannuation in the second round of submissions to the Financial System Inquiry (FSI). In its 140 page submission the Association of ...

Impartiality of FWC Expert Panel challenged again

JAMES FERNYHOUGH  |  FRIDAY, 29 AUG 2014
The impartiality of the Fair Work Commission's two Expert Panels has again been challenged, with Nationals Senator Bridget McKenzie calling on member Tim Harcourt to resign on the grounds that he is "biased towards the Labor Party." While Harcourt is ...

IFM warns against foreign ownership of infrastructure

JAMES FERNYHOUGH  |  THURSDAY, 28 AUG 2014
The liquidity requirements of Australian superannuation funds will discourage them from investing in Australian infrastructure, meaning more assets will be bought by foreign investors, IFM Investors has warned. In its submission to the Financial System ...