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Showing 3001 - 3010 of 3323 results for "Trustees"

LUCRF makes history

ALEX DUNNIN  |  FRIDAY, 11 JUL 2008
... membership from job to job, it had to have full vesting so members would own all their money from day one and half the trustees had to be from the union and half from employers," he said. LUCRF also pioneered not-for-profit funds being multi-employer ...

Investors influence credit ratings

RUTH LIEW  |  WEDNESDAY, 9 JUL 2008
... concern is that not all AAA securities are created equal. "We feel that a different rating scale is an essential aid to trustees and fiduciaries, to help them evaluate and quantify the amount of structured product exposure they desire in their portfolios," ...

Moment of truth

CAMERON BOGGS  |  TUESDAY, 1 JUL 2008
... widespread reports about the market slump. Industry experts gathered at last week's Australian Institute of Superannuation Trustees (AIST) luncheon to discuss how to explain the market's negative returns to members. But before the discussion turned to ...

Credit Suisse AM and AWM sign $340m trustee deal

Credit Suisse Asset Management (Australia) is set to transfer the trusteeship of its three Pooled Super Trusts (PSTs) and non-super Private Investment Funds, worth a combined $340 million in assets, to Australian Wealth Management (AWM). Under the deal ...

SMSFs take up instalment warrants

MICHAEL HOBBS  |  FRIDAY, 27 JUN 2008
Instalment warrants will become more widely used by self managed super fund (SMSF) trustees as they become familiar with the strategy and banks start providing more products that enable them to do so, according to SuperConcepts. Graeme Colley, ING Australia ...

TRS pumps $1.26bn into PE

RUTH LIEW  |  MONDAY, 23 JUN 2008
... $1.26 billion into private equity investments beginning next month under a "tactical plan" approved by the TRS Board of Trustees to help the fund reach its long-term asset allocation goal of eight per cent. So far, TRS has committed $1.44 billion to ...

CBA targets self managed super

WWW.THESHEET.COM  |  THURSDAY, 19 JUN 2008
... Commonwealth Bank on Tuesday launched the first offerings from its new structured investments team, aimed squarely at trustees of self managed superannuation funds. Like a number of other financial institutions, CBA is hoping to take advantage of changes ...

ATO sends warning to super fund trustees

MICHAEL HOBBS  |  MONDAY, 16 JUN 2008
... to make sure they don't exceed the cap or they will receive an excess contribution tax assessment." He said super fund trustees must consider any income, capital gains and fringe benefits tax implications when transferring assets. Graeme Colley, SuperConcepts ...

Industry funds steering clear of FHSAs

WWW.THESHEET.COM  |  FRIDAY, 13 JUN 2008
... prudential standards for super funds that plan to offer first home saver accounts has confirmed the view of many fund trustees that the FHSA structure and regulatory framework are too cumbersome and costly for them. The Australian government's First ...

APRA hunts down 32 funds

ALEX DUNNIN  |  WEDNESDAY, 11 JUN 2008
APRA is flexing its muscle and threatening to remove 32 trustees from their super funds. The prudential regulator has announced it is seeking information on 32 superannuation funds whose Trustees have failed to apply to APRA to be licensed. It is proposing ...