Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 2201 - 2210 of 4415 results for "Ele"

Statewide chair collects AIST Trustee of the Year

DARREN SNYDER  |  THURSDAY, 17 MAR 2016
Statewide Super independent chair Juliet Brown has collected the Australian Institute of Superannuation Trustees (AIST) Trustee of the Year. Presented the award at the Conference of Major Superannuation Funds in Adelaide, AIST president Angela Emslie ...

New insurance industry guidance on its way

DARREN SNYDER  |  THURSDAY, 17 MAR 2016
Superannuation trustees will soon be able to access a document that provides all the information required to fully and better understand their fund's insurance business. Speaking at the Conference of Major Superannuation Funds yesterday, Industry Funds ...

Adequacy benchmark to help define super

DARREN SNYDER  |  WEDNESDAY, 16 MAR 2016
Australian Institute of Superannuation Trustees (AIST) chief executive Tom Garcia believes one of the keys in defining super's purpose will be including an adequacy benchmark. Garcia admits an adequacy benchmark will be "devilishly hard to define" but ...

SuperStream sees 70% of member contributions

ALEX BURKE  |  WEDNESDAY, 16 MAR 2016
Over 70% of members' superannuation contributions to APRA-regulated funds are being sent through SuperStream, according to ATO figures. The new electronic payment standard saw 22.8 million contribution transactions in the September 2015 quarter alone. ...

Industry reacts to super objective

ALEX BURKE  |  THURSDAY, 10 MAR 2016
Industry commentators have come out broadly in support of the discussion paper outlining the formal objective of Australia's superannuation system released yesterday. Financial Services Council chief executive Sally Loane said the move to formalise ...

Clients asking planners for margin loans

MARK SMITH  |  TUESDAY, 8 MAR 2016
Almost a third of planners (31%) who recommended a margin loan in 2015 said the loan was instigated by the client, according to new research by Investment Trends, up from 21% in 2014. In its eleventh year, the 2015 Margin Lending Planner Report is an ...

ANZ pays $212,500 for responsible lending breach

ALEX BURKE  |  TUESDAY, 8 MAR 2016
ANZ has paid a $212,500 penalty for breaching responsible lending laws regarding overdraft facilities. The "ANZ Assured" overdraft facility can be applied to particular ANZ transaction accounts and has a limit of either $500 or $1,000. Offers to use ...

New framework for in-house investing

DARREN SNYDER  |  MONDAY, 7 MAR 2016
The Centre for International Finance and Regulation (CIFR) has developed a framework for superannuation funds and other asset owners to implement in-house investment management. The framework is included in CIFR's latest research which argues members ...

Energy Super appoints new board members

DARREN SNYDER  |  WEDNESDAY, 2 MAR 2016
Industry superannuation fund Energy Super has appointed two Queensland energy and financial industry professionals to its board. Joining the nine-member board as employer-representative directors are Clive Skarott and Richard Flanagan. The pair replace ...

Statewide COO departs, successor appointed

ALEX BURKE  |  MONDAY, 29 FEB 2016
Statewide Super's chief operating officer (and former acting chief executive) Nicolle Rantanen has departed the fund, and the former head of ICT and administration services has taken her place. Linda Zeelie takes the COO position having headed up information ...