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Showing 3621 - 3630 of 4761 results for "July 2011"

Perpetual transitions team around Sevior

ELISE BURGESS  |  THURSDAY, 23 JUN 2011
Soon-to-depart star fund manager, John Sevior, may not return to his original role but instead could explore new boutique fund options within the Perpetual organisation, upon his anticipated return from long service leave. Sevior, who manages 33% of ...

Super fund leaps into life stage insurance

ALISON BEVEGE  |  THURSDAY, 23 JUN 2011
Corporate superannuation fund Aon Master Trust is set to launch a pro-active campaign to ensure its members have appropriate insurance cover for their stage of life. From July 1, members of the $2 billion fund whose life cycle hits a specific trigger ...

Sevior departure rated as permanent

ELISE BURGESS  |  WEDNESDAY, 22 JUN 2011
Morningstar has downgraded Perpetual's Concentrated Equity fund to 'Investment Grade' after meeting with the mega-fund manager but not convinced that its star player, John Sevior, will return from long service leave. In a meeting last week with Perpetual ...

Trust Company benefiting from global flows

MATT WOODINGTON  |  WEDNESDAY, 22 JUN 2011
The Trust Company is increasing its footprint as a trustee in Asia, winning new bond mandates while also seeing inbound investment flows from Canada and Europe. Talking at the company's 2011 annual general meeting, chairman Bruce Corlett said the Trust ...

Super heavyweights join forces

ELISE BURGESS  |  WEDNESDAY, 22 JUN 2011
Superannuation associations are joining forces to send the Treasury a proposal to remove plans to introduce the proposed $500,000 balance threshold for individuals over age 50. Association of Superannuation Funds of Australia (ASFA), Self-managed Super ...

UniSuper freshens up board and investment committee

MATT WOODINGTON  |  WEDNESDAY, 22 JUN 2011
UniSuper has a new chairman in place and has also re-jigged its board and investment committee with a new appointment on each. Chris Cuffe took the reins as chairman of the board last week, replacing the outgoing Elizabeth Bryan, who has received high ...

Franklin Templeton acquires Balanced Equity, plans new fund

MATT WOODINGTON  |  TUESDAY, 21 JUN 2011
Franklin Templeton Investments has agreed to acquire Australian equities manager Balanced Equity Management and plans to launch a new fund available to retail and institutional investors. The deal transforms Franklin Templeton Australia from a $7bn ...

Pollies clash over SG

ELISE BURGESS  |  MONDAY, 20 JUN 2011
Politicians are exchanging words over the move to raise superannuation guarantee (SG) from 9 to 12 per cent with assistant treasurer Bill Shorten calling the Coalition's attitude towards superannuation "belligerent". Speaking at a union's investment ...

ASIC fee changes

ELISE BURGESS  |  MONDAY, 20 JUN 2011
Financial services companies will face higher fees from the Australian Securities and Investments Commissions (ASIC) from July 1 based on the March quarter Consumer Price Index. Starting in the new financial year, any application to register an Australian ...

Govt to refund super tax for 3.5 million

ELISE BURGESS  |  THURSDAY, 16 JUN 2011
The Government will refund the 15 per cent superannuation contribution tax from 1 July 2012 for 3.5 million Australians who earn less than $37,000, assistant treasurer and minister for financial services and superannuation, Bill Shorten, announced today. ...