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Australia and UK to shape retirement landscape

DARREN SNYDER  |  MONDAY, 14 MAR 2016
... Australian market, along with some of the Scandinavian funds have led the way with ESG. But do we need something that sits on top of ESG that is a code that will help trustees frame how they look at being responsible investors, and work with underlying ...

CalPERS and Moody's settle for $130 million

DARREN SNYDER  |  FRIDAY, 11 MAR 2016
The California Public Employees' Retirement System (CalPERS) has settled with Moody's for a record US$130 million for its erroneous ratings of structured investment vehicles prior to the Global Financial Crisis. The lawsuit tops CalPERS' US$125 million ...

Energy Super ramps aged care advice

DARREN SNYDER  |  THURSDAY, 10 MAR 2016
... incorporates training in creating solutions for clients investigating aged care scenarios for themselves and family members. On top of the $6 billion fund bolstering its personalised advice to clients, financial advisers have used their training to roll ...

Confused environment leads to Aussie stock volatility

DARREN SNYDER  |  THURSDAY, 10 MAR 2016
... chasing the banks despite tempting yields," he said. "All companies are cutting costs to get earnings growth despite sluggish top lines; however margins are at highs and the cost-cutting efforts are puttering out."

Hostplus appoints investment strategy head

ALEX BURKE  |  WEDNESDAY, 9 MAR 2016
... ongoing role with Hostplus will be critical. JANA will continue to give us quality advice that has consistently influenced our top quartile performance over all investment periods. "We are delighted to welcome Greg on board and continue receiving quality ...

Advisers have assets test top of mind

DARREN SNYDER  |  WEDNESDAY, 9 MAR 2016
Changes to the Age Pension assets test are top of mind for retirement-focused financial advisers according to the latest data from Challenger. Although test changes affecting Age Pension eligibility will come in to effect from 1 January 2017, Challenger's ...

Ignition Wealth appoints investment committee chair

MARK SMITH  |  WEDNESDAY, 9 MAR 2016
... appointed an industry veteran to chair its investment committee. Henry Capra has held senior executive roles at a range of top tier global financial institutions including J.P. Morgan, Blackrock Investment Management Australia, BNP Paribas Asset Management ...

Fraser Review compounds board independence impasse

DARREN SNYDER  |  WEDNESDAY, 9 MAR 2016
... in 2015, retail super funds had the highest percentage of female trustees, at 33.3%. Industry funds (22.6%) fell below the top 200 super funds average of 26%. Industry Super Australia deputy chief executive Robbie Campo said both ISA and the AIST have ...

Managed fund allocations jump

MARK SMITH  |  MONDAY, 7 MAR 2016
... 19.93%. "A key outcome of the survey is investors are flocking back to managed funds - an asset class that has not recently been top of mind with trustees in SMSF assets that we administer," OneVue head of product and transactions Brett Marsh said. "The ...

Hyperion named Fund Manager of the Year

MARK SMITH  |  MONDAY, 7 MAR 2016
... disciplined investment style through the trials and tribulations of the investment cycle," the commentary continued. "The firm's top-notch stewardship is enhanced by the portfolio managers' willingness to invest their own money alongside their customers ...