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Showing 351 - 360 of 594 results for "MCG"

CommInsure launches underwriting platform

CLAIRE MCGREAL  |  MONDAY, 12 DEC 2011
Nearly 900,000 members of industry funds CareSuper and HESTA now have access to CommInsure's online application and underwriting platform. CommInsure used learnings from its retail business with the aim of helping members to up their insurance cover ...

Energy Super board reduces in size, new members

CLAIRE MCGREAL  |  MONDAY, 12 DEC 2011
Energy Super has appointed two new board members alongside the departure of four fund directors from the board, which sees it reduced from 12 to 10 members. Scott Wilson and Mark Williamson have joined the energy industry fund board, while outgoing ...

AUI winds up High Yield Mortgage Trust

CLAIRE MCGREAL  |  MONDAY, 12 DEC 2011
Australian Unity Investments has begun winding up its High Yield Mortgage Trust following poorer than expected returns to investors in the current investment climate. Investors have already been reimbursed by 48 % of the fund's capital, with the remaining ...

Super assets take a hit in September

CLAIRE MCGREAL  |  FRIDAY, 9 DEC 2011
Total super assets grew by 2% to $1.28 trillion in the year ending September 30, despite a drop of just under $50 billion in assets during that month alone. The latest APRA quarterly superannuation figures released yesterday reveal the regulatory performance ...

AMP Capital forges Japanese alliance

CLAIRE MCGREAL  |  FRIDAY, 9 DEC 2011
AMP Capital Investors has teamed up with Japanese trust bank, Mitsubishi UFJ Trust and Banking Corporation, significantly growing its presence in Japan. The strategic business and capital alliance will give AMP Capital access to around 80% of Japanese ...

Industry responds to intra fund advice measures

CLAIRE MCGREAL  |  FRIDAY, 9 DEC 2011
There's been a mixed reaction from the industry to yesterday's announcement from the government on intra-fund advice. New ASIC guidelines are also being developed to outline how scaled advice can be provided in accordance with the regulatory protections ...

legalsuper launches low fee investment option

CLAIRE MCGREAL  |  THURSDAY, 8 DEC 2011
legalsuper has added a new 'low fee index' option for investors. Managed by State Street, the new choice is underpinned by investments in index funds designed to track the performance of particular market indices. According to legalsuper chief executive ...

Super trustee guidelines for retirement estimates

CLAIRE MCGREAL  |  THURSDAY, 8 DEC 2011
Super fund trustees are set to get a helping hand with predicting their members' retirement estimates. New ASIC guidelines aim to help super trustees enable their members to think about how much money they'll need when they retire so they can start ...

AMP enhances super products

CLAIRE MCGREAL  |  THURSDAY, 8 DEC 2011
AMP has changed its contemporary super products to the new short form Product Disclosure Statement (PDS) regime ahead of the government's deadline next year. It follows Financial Services Minister Bill Shorten's announcement earlier this year that PDS ...

Christmas deadline for FOFA clarity: ANZ

CLAIRE MCGREAL  |  WEDNESDAY, 7 DEC 2011
ANZ Wealth has warned that Christmas is the "absolute drop dead date" for clarity on FOFA reforms before implementation costs double. Paul Barrett, ANZ general manager advice and distribution, told reporters in Sydney yesterday that time is ticking ...