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Showing 301 - 310 of 777 results for "Australian super"

Super doesn't need tender system: ASFA

DARREN SNYDER  |  FRIDAY, 3 MAR 2017
The Association of Superannuation Funds of Australia is urging the Productivity Commission to reject the consideration of adopting a Chilean-style tender process for default super in Australia. ASFA's latest research paper says adopting the Chilean ...

Custody sector hits $3 trillion

KARREN VERGARA  |  THURSDAY, 2 MAR 2017
The custody and administration sector grew 5.2% between June and December 2016, the latest figures from the Australian Custodial Services Association show. Assets under custody (AUC) for Australian investors reached $3 trillion for the first time, with ...

Fraser review challenges super board independence

DARREN SNYDER  |  FRIDAY, 17 FEB 2017
... 50 profit-to-member funds with recommendations that exceed existing legal and APRA regulatory requirements on Australian super funds. Outgoing AIST chief executive Tom Garcia said the code - modelled and built around the ASX Corporate Governance Principles ...

Asset manager appoints Aussie distribution head

JAMIE WILLIAMSON  |  MONDAY, 13 FEB 2017
A former senior institutional business development manager at Challenger is the first Australian head of distribution for global asset manager CQS. Louise Watson joined CQS last month, with her appointment marking a significant step in CQS' Australian ...

ASIC calls time on super disclosure exemption

ALEX BURKE  |  FRIDAY, 20 JAN 2017
In preparation for the July 1 deadline, ASIC notified Australian super fund trustees that employer subplans will no longer be exempt from disclosure requirements. Under the current arrangements, employer subplans within super funds, which allow corporates ...

In-house investment leading mandate charge

DARREN SNYDER  |  MONDAY, 16 JAN 2017
The rise of in-house investment by Australian superannuation funds means they collectively became the highest mandate winner in the 12 months to September 2016. Rainmaker Information's latest Mandate Chaser report shows the highest number of super fund ...

Climate calling

DARREN SNYDER  |  MONDAY, 9 JAN 2017
Mercer's Alexis Cheang hears plenty of verbal commitment from Australian superannuation funds about the development and implementation of sustainable investment strategies. The continued aspiration is welcome, but Cheang believes proper execution and ...

NZ manager launches QROPS scheme

ALEX BURKE  |  THURSDAY, 8 DEC 2016
... QROPS status if benefits could be paid to members under 55 in circumstances outside of "serious ill health." Many Australian super funds didn't qualify, though, because they provision for early release in cases of severe financial hardship, balances ...

Aussie super funds building world-class investment teams

JAMIE WILLIAMSON, DARREN SNYDER  |  THURSDAY, 8 DEC 2016
... has the largest average at 92. Regardless of the low number, the latest PwC global pension funds study shows Australian super funds are increasing the insourcing of investment functions with a focus on building world-class investment capabilities. The ...

ASIC falls on fund disclosure sword

DARREN SNYDER  |  WEDNESDAY, 30 NOV 2016
ASIC has bowed to superannuation industry lobbying and extended the transition period for funds to comply with updated fee and cost disclosure requirements under RG97. In September, ASIC Commissioner Greg Tanzer told the Australian Superannuation Investment ...