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Showing 3451 - 3460 of 4761 results for "July 2011"

SuperStream exposure draft a positive step

ELISE BURGESS  |  MONDAY, 13 FEB 2012
The industry has welcomed the Government's exposure draft legislation and a draft explanatory memorandum, detailing new proposed legislation to improve the administration and management of super accounts through the SuperStream reforms. The draft is ...

OnePath wins LGsuper mandate

MELANIE TIMBRELL  |  MONDAY, 6 FEB 2012
LGsuper has appointed OnePath Life as the fund's group insurer effective from July 1 this year. The appointment, which represents an increase of more than $20 million to OnePath's annual premium, was the result of a tender process in late 2011 following ...

Stirrings

BENJAMIN ONG  |  TUESDAY, 31 JAN 2012
... create the European Stability Mechanism (ESM) -- a 500 billion-euro permanent bailout fund set to be in operation this coming July - to replace (or merge with) the temporary European Financial Stability Facility (EFSF). There really is nothing fresh ...

SuperStream compliance poses threat to funds

ELISE BURGESS  |  WEDNESDAY, 25 JAN 2012
Superannuation funds need to start dealing with the impending issues coming their way as SuperStream comes into effect, the head of Towers Watson has warned, with default member definitions under MySuper also posing concerns. Since January 1, under ...

Forecasts shmorecasts

BENJAMIN ONG  |  WEDNESDAY, 25 JAN 2012
We're doomed (again)! Oh-em-gee! "IMF slashes growth forecasts!" This was the last piece of news I saw before I went to bed last night and started snoring. Yeah, yeah I thought. Sure, sure. Somehow it didn't give me the same nerve-wracking punch that ...

ASIC clears up infrastructure rules

ELISE BURGESS  |  TUESDAY, 24 JAN 2012
Infrastructure entities and investors now have a clearer understanding of the risks associated with investing in infrastructure after ASIC released new disclosure benchmarks and principles for infrastructure entities today. The Australian Securities ...

Get up and go on board

BENJAMIN ONG  |  WEDNESDAY, 18 JAN 2012
Schettino: "In this moment, the boat is tipping... Commander, please..." De Falco: "No, please. You now get up and go on board..." Schettino: "I am here with the rescue boats, I am here, I am not going anywhere, I am here..." This is my personally mouse-clicked ...

Govt releases final issue of investment manager regime

ELISE BURGESS  |  FRIDAY, 16 DEC 2011
Australia's $1.8 trillion funds management sector has received its third and final investment manager regime from the Government, designed to attract more foreign capital and help build Australia's reputation as a financial services centre. Under the ...

Sevior will not return: Perpetual

ELISE BURGESS  |  WEDNESDAY, 14 DEC 2011
Perpetual Investments has officially announced that its former star manager, John Sevior, will not return to his role as head of equities but will explore new career ventures for himself. Confirmed today by Cathy Doyle, Perpetual's group executive equities ...

ASIC releases FOFA guidance plan

ELISE BURGESS  |  TUESDAY, 13 DEC 2011
ASIC will release regulatory guidance on best interest duty, scaled advice, conflicted remuneration and ASIC powers before July 1 2012, the regulator said today. The Australian Securities and Investments Commission (ASIC) has released its regulatory ...