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Showing 201 - 210 of 662 results for Michelle Baltazar

CommInsure completes business restructure, appoints two GMs

MICHELLE BALTAZAR  |  THURSDAY, 8 JUL 2010
CommInsure has finalised the restructure of its insurance operations into five distinct lines of business - a radical departure from its previous model - when it appointed one of its senior staff, Claire Roberts to general manager in wholesale life ...

Central plank of Cooper Review is MySuper

MICHELLE BALTAZAR  |  MONDAY, 5 JUL 2010
Following a year-long study on the efficiency of the superannuation system, the Cooper Review panel recommended the Government introduce a new default fund option for the masses to be called 'MySuper', a simple solution with dramatic consequences. The ...

The disappearing act of lose-lose funds

MICHELLE BALTAZAR  |  FRIDAY, 2 JUL 2010
Fund managers and super funds are responding to the 'credibility gap' in the wake of the GFC with major reforms to the way they structure fees, create products and meet their fiduciary duties, research found. This week, UK-based CREATE-Research released ...

School staff take up super advice: NGS Super

MICHELLE BALTAZAR  |  THURSDAY, 1 JUL 2010
Teachers are practicing what they preach, taking up the free financial advice services offered by NGS Super at an unprecedented rate in the last six months - proof that not everyone's indifferent about their retirement savings. In May last year, NGS ...

Govt extends drawdown relief for account-based pensions

MICHELLE BALTAZAR  |  THURSDAY, 1 JUL 2010
The government has extended the drawdown relief currently provided for account-based superannuation pensions to the 2010-11 year. Under existing laws, self-funded retirees are required a set minimum payment from their superannuation account-based pension ...

New benchmarks for better retirement: ASFA

MICHELLE BALTAZAR  |  TUESDAY, 29 JUN 2010
The Westpac ASFA Retirement Standard, which gives Australians a good indication of how much they need to save for retirement, has been adjusted to factor in modern comforts that used to be nice-to-haves but are now must-haves. In the report, the new ...

Funds thrive with nimble IT

MICHELLE BALTAZAR  |  TUESDAY, 29 JUN 2010
A flexible and scaleable IT system has become even more important as more fund managers try to grow their business with less resources than before the GFC, said Pascal Wanner, account manager for the Swiss market at SimCorp. Wanner said that while many ...

World-class Aussie funds reach Europe through UCITS

MICHELLE BALTAZAR  |  TUESDAY, 22 JUN 2010
European Union laws that come into effect next year will allow Australian fund managers to invest funds for overseas investors with less admin headaches. It's the new world breaking into the old world. Australian fund managers, many of whom could trace ...

Lessons from US pension funds in crisis

MICHELLE BALTAZAR  |  MONDAY, 21 JUN 2010
An academic paper that warns five US pension funds could run out of money in less than 10 years due to chronic underfunding and poor returns serves as a precautionary tale for local investors. In a paper published last August titled 'The Liabilities ...

AIST alerts regulator on misleading campaign against super

MICHELLE BALTAZAR  |  FRIDAY, 18 JUN 2010
Superannuation body AIST rejects ad campaigns from mining groups claiming the proposed resources super profit tax (RSPT) will hurt retirement savings - and calls on ASIC to look into these "irresponsible" and "misleading" claims. AIST wants to alert ...