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Showing 271 - 280 of 321 results for "SIS"

US instos get active on human rights

MICHAEL HOBBS  |  TUESDAY, 20 APR 2010
US-based pension funds and institutions are ramping up their proxy voting efforts across human rights issues with some positive results. The report, Proxy Voting on Labor Standards: A Case by Case Guide for PRI Signatories, found more than 40 shareholder ...

MySuper proposal ignites storm

ALEX DUNNIN AND RUTH LIEW  |  THURSDAY, 15 APR 2010
... new regulations but a fundamental redesign of the trustee law principle on which the Superannuation Industry Supervision (SIS) Act is built. Michael Vrisakis, partner at Freehills lawyers and long time superannuation legal expert said, "There's nothing ...

Commission on risk products should continue: FPA

COMPANY RELEASE  |  WEDNESDAY, 17 MAR 2010
... should apply to corporate superannuation. "It was agreed that, in accordance with the current legislative approach in the SIS Act, we would widen the definition of 'client' in our remuneration policy to include a formally constituted 'policy committee'," ...

Super funds back trustee pay disclosure

MICHELLE BALTAZAR  |  WEDNESDAY, 16 DEC 2009
... should require trustees to have certain academic qualifications or additional skills outside what's already required by the SIS Act. Liz Westover, head of superannuation at the Institute of Chartered Accountants, said the Institute is disappointed with ...

Perpetual appoints GM for Aust eq sales

COMPANY RELEASE  |  MONDAY, 12 OCT 2009
... Perpetual in 2006, most recently holding the position of general manager - sales superannuation and investment solutions (SIS). He previously held senior sales and product development roles at IOOF, Rothschild Australia Asset Management and Portfolio ...

MLC wins Sisters of Mercy mandate

COMPANY RELEASE  |  TUESDAY, 22 SEP 2009
The Sisters of Mercy Staff Superannuation Scheme has appointed MLC Group Insurance as its new insurer. The scheme, which had $372 million at the end of June last year, will see MLC provide upgrades to benefits and cover for members. "When we put our ...

Trustees must not be victimised: APRA

APRA RELEASE  |  THURSDAY, 6 AUG 2009
... Baldock committed acts of victimisation contrary to section 68 of the Superannuation Industry (Supervision) Act 1993 (the SIS Act). The employee and the auditor were directors of Australian Enterprise Superannuation Pty Ltd (AES) in its capacity as trustee ...

IFS adds three super funds

MICHAEL HOBBS  |  TUESDAY, 21 JUL 2009
Industry Funds Services (IFS) has added the Sisters of Mercy Staff Superannuation, AUST(Q) and CONNECT Super to its client list. David Haynes, general manager at IFS, said the three super funds had signed on this year. This comes after Industry Fund ...

One in six DB funds in trouble: APRA

ALEX DUNNIN  |  FRIDAY, 15 MAY 2009
... lenders. "If the assets fall below the statutory minimum level, a technical insolvency position will arise, triggering under SIS, a statutory rectification process involving actuarial oversight," said Venkatramani.

Pearce calls for trauma in super

MICHAEL HOBBS  |  MONDAY, 4 MAY 2009
... benefits in superannuation, however trauma is not because the insurance does not conform to the release requirements of the SIS Act. Speaking at the Lifewise launch in Sydney on Friday, Pearce said it is time to consider including trauma in superannuation. ...