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Showing 281 - 290 of 1019 results for James Fernyhough

Intra-fund advice exemptions in doubt

JAMES FERNYHOUGH  |  TUESDAY, 8 JUL 2014
Industry super funds could face stricter rules around block charging members for financial advice if the Senate blocks the amendments to the Future of Financial Advice (FoFA) reforms, Finance Minister Mathias Cormann has said. Singling out exemptions ...

Cbus defends member contact sharing policy

JAMES FERNYHOUGH  |  TUESDAY, 8 JUL 2014
Cbus has defended its policy of releasing members' details to 'sponsoring organisations' in order to chase up arrears, following yesterday's Royal Commission hearing into the improper release of members' contact details. In yesterday's hearing in Melbourne ...

Palmer to oppose abolition of LISC

JAMES FERNYHOUGH  |  MONDAY, 7 JUL 2014
Clive Palmer has announced his party will block legislation to abolish the low income superannuation contribution (LISC). Addressing the National Press Club today, Palmer said: "Palmer United supports the abolition of the mining tax, but cannot support ...

Frontier chair resigns

JAMES FERNYHOUGH  |  FRIDAY, 4 JUL 2014
Frontier Advisors chairman Geoff Ashton has announced he will step down from his position both as chair and independent director in October. Current board member Gabriel Szondy will take over the role of chairman following Ashton's departure. The industry ...

Citi develops white label banking for industry funds

JAMES FERNYHOUGH  |  FRIDAY, 4 JUL 2014
Citi is offering to white label its retail banking services for industry super funds as a way of stemming the outflow to retail funds and self-managed super funds (SMSFs), Financial Standard can reveal. In what could prove a lifeline to industry funds ...

TWU defends mandatory TWU Super contributions

JAMES FERNYHOUGH  |  THURSDAY, 3 JUL 2014
The Transport Workers Union (TWU) has defended the TWU's practice of forcing employers to contribute employee superannuation only to TWU Super in collective bargaining agreements. Appearing before the Royal Commission into Trade Union and Governance ...

Sunsuper prepares for end of super in awards

JAMES FERNYHOUGH  |  THURSDAY, 3 JUL 2014
Industry super funds should ready themselves for the removal of superannuation from the modern awards system, according to Sunsuper chief executive Scott Hartley. Six months into his role at the fund, the former NAB exec told Financial Standard he thought ...

Retail fund members most unsatisfied: Roy Morgan

JAMES FERNYHOUGH  |  WEDNESDAY, 2 JUL 2014
Retail funds continue to underperform industry funds when it comes to member satisfaction, but the gap is closing, according to the latest Roy Morgan research. The research found that 55.8% of industry fund members were satisfied with their fund's financial ...

Retail fund members most unsatisfied: Roy Morgan

JAMES FERNYHOUGH  |  WEDNESDAY, 2 JUL 2014
Retail funds continue to underperform industry funds when it comes to member satisfaction, but the gap is closing, according to the latest Roy Morgan research. The research found that 55.8% of industry fund members were satisfied with their fund's financial ...

Christian super funds merge

JAMES FERNYHOUGH  |  WEDNESDAY, 2 JUL 2014
Two Christian superannuation funds, Christian Super and Australian Christian Super, have are set to merge, which will see members gain fee and insurance benefits. The sub-$100 million Australian Christian Super will merge with the $850 million Christian ...