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Showing 241 - 250 of 1019 results for James Fernyhough

Mercer appoints two independent directors

JAMES FERNYHOUGH  |  WEDNESDAY, 30 JUL 2014
Mercer has appointed three new directors to its Australian entity boards, including two new independent non-executive directors. Melissa Babbage will join the Mercer Investments (Australia) Limited (MIAL) board, while Jan Swinhoe will join both the ...

Drastically limit number of default funds: Grattan CEO

JAMES FERNYHOUGH  |  WEDNESDAY, 30 JUL 2014
The government should limit the number of superannuation funds providing default super to around five if it wants to reduce fees, according to Grattan Institute chief executive John Daley. Speaking at a superannuation roundtable hosted by Bravura Solutions ...

PROFILE: Sunsuper chief executive Scott Hartley

JAMES FERNYHOUGH  |  WEDNESDAY, 30 JUL 2014
... chief executive of Sunsuper. Six months in, he reflects on the differences- or lack thereof - of the two sides. James Fernyhough reports. Scott Hartley's appointment as chief executive of the $26 billion industry superannuation fund Sunsuper signifies ...

Companies must understand their investors better, report says

JAMES FERNYHOUGH  |  TUESDAY, 29 JUL 2014
ASX-listed companies must work harder to understand what motivates the voting decisions of their major investors, a new report from the Governance Institute of Australia has argued. This call, part of a list of best practice principles and guidelines ...

Brogden rejects cross-selling enticement fears

JAMES FERNYHOUGH  |  TUESDAY, 29 JUL 2014
Banks would not legally be able to offer incentives to business bank clients to entice them into their MySuper products, the Financial Services Council has said. The statement came in response to claims from Industry Super Australia that, in the event ...

NAB sells $1bn worth of UK property loans

JAMES FERNYHOUGH  |  TUESDAY, 29 JUL 2014
National Australia Bank (NAB) has agreed to sell A£625 million (AU$1.1 billion) worth of UK commercial property loans to Cerberus Global Investors. NAB said the sale was intended to de-risk its UK Commercial Real Estate (CRE) portfolio, reducing the ...

AMP remains top dog on RI mandates

JAMES FERNYHOUGH  |  MONDAY, 28 JUL 2014
AMP Capital remains Australia's largest manager of responsible investment (RI) mandates, according to the Responsible Investment Association of Australia's (RIAA) Benchmark Report 2014. AMP Capital added an extra $800 million in assets under management ...

Abetz backed FSC in case against FWC, Federal Court reveals

JAMES FERNYHOUGH  |  MONDAY, 28 JUL 2014
The Financial Services Council (FSC) had the backing of Employment Minister Eric Abetz in its Federal Court case against the constitution of the Fair Work Commission's superannuation expert panel, it has emerged. On Friday the Federal Court published ...

UniSuper buys big into Westfield despite restructure war

JAMES FERNYHOUGH  |  FRIDAY, 25 JUL 2014
UniSuper has become one of the major holders of Westfield's new listed company Scentre, despite its high profile opposition to the restructure last month. The $40 billion fund's chief investment officer John Pearce, who very publicly opposed the restructure ...

FSC report warns of default super 'turmoil'

JAMES FERNYHOUGH  |  THURSDAY, 24 JUL 2014
The Fair Work Commission (FWC) review of default superannuation will cost $400 million and throw the superannuation of 2.25 million Australians into "turmoil", the Financial Services Council (FSC) has claimed. The FSC's claims come on the back of a ...