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Search ResultsShowing 11 - 20 of 100+ results for James Fernyhough
Industry funds reject majority independent directors
JAMES FERNYHOUGH  |  MONDAY, 8 DEC 2014
David Murray's recommendation that super fund boards comprise a majority of directors has met with mixed responses from the industry, with the retail side welcoming it but the not-for-profit side broadly rejecting it. Media reports, meanwhile, have ...
Global shares tipped amid slow local growth
JAMES FERNYHOUGH  |  MONDAY, 8 DEC 2014
Investors in the Australian share market can expect sluggish growth at best in 2015, as the fall in commodity prices flows on to the wider Australian economy. Plummeting oil prices and the resulting sudden fall in the domestic share market in early ...
Industry braces for majority independent directors
JAMES FERNYHOUGH  |  SUNDAY, 7 DEC 2014
Superannuation fund boards should comprise a majority of independent directors including an independent chair, David Murray has recommended in the Financial System Inquiry final report. If the government implements this recommendation, it would represent ...
FSI favours Chile-style default super auction
JAMES FERNYHOUGH  |  SUNDAY, 7 DEC 2014
David Murray has recommended that the MySuper system be replaced by a default fund auction process similar to the Chilean model if fees do not come down considerably by 2020. The Financial System Inquiry final report has argued that superannuation fees ...
MTAA hails 'a third, a third, a third' board structure a success
JAMES FERNYHOUGH  |  FRIDAY, 5 DEC 2014
... this, one industry fund - MTAA Super - has already gone down the road of appointing one third independents to its board. James Fernyhough caught up with the fund's chief executive Leeanne Turner and chair John Brumby to see how it has gone. MTAA Super's ...
Infra committee recommends ISA's inverted bid model
JAMES FERNYHOUGH  |  FRIDAY, 5 DEC 2014
Industry Super Australia's inverted bid model for infrastructure project development has moved a step closer to becoming a reality, receiving the endorsement of the House of Representatives Standing Committee on Infrastructure and Communications. The ...
NAS loses another super fund
JAMES FERNYHOUGH  |  FRIDAY, 5 DEC 2014
NAB Asset Servicing (NAS) has lost another super fund client, with TWUSUPER switching custodians to BNP Paribas Securities Services. The $3.9 billion fund is the latest in a string of super funds, including QSuper, Sunsuper and Cbus, to take their business ...
CPlan partners with Decimal Software
JAMES FERNYHOUGH  |  THURSDAY, 4 DEC 2014
CLEAR Planning Solutions (CPlan) has selected Decimal Software Limited to provide the technology for its outsourced paraplanning and support solutions. CPlan will also provide data migration services for Decimal customers requiring support in transitioning ...
Don't underestimate LNG boom: BNP Paribas
JAMES FERNYHOUGH  |  THURSDAY, 4 DEC 2014
... fill the hole left by iron ore, coal, and other commodities, according to BNP Paribas head of fixed income in Australia James Hayes. Hayes said there is a tendency to overlook the LNG sector, perhaps because of a long construction period that has been ...
SS&C acquires DST Global Solutions
JAMES FERNYHOUGH  |  WEDNESDAY, 3 DEC 2014
SS&C Technologies Holdings has acquired DST Global Solutions Ltd., a subsidiary of DST Systems, for $95 million in cash. DST Global's products now owned by SS&C include industry-leading investment and fund accounting platform, HiPortfolio, and investment ...
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