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Showing 21 - 30 of 138 results for Mark Story

Former mortgage broker convicted

MARK STORY  |  FRIDAY, 25 JAN 2013
A former NSW-based mortgage broker was yesterday convicted of 10 offences under the National Consumer Credit Protection Act 2009 (National Credit Act). In September 2012 Daniel Nguyen, of Panania, pleaded guilty to 10 offences including providing false ...

HOSTPLUS to become a PST

MARK STORY  |  THURSDAY, 24 JAN 2013
Once its plans to become a pooled superannuation trust (PST) are complete later this year, HOSTPLUS will be the first Industry fund to allow SMSFs to invest in its underlying investment platform. As well as helping to keep costs down, HOSTPLUS CEO David ...

VicSuper and Aust Ethical adopt after-tax benchmark

MARK STORY  |  THURSDAY, 24 JAN 2013
VicSuper and Australian Ethical Superannuation - which collectively have over $2.4 billion Australian equity assets under management - have adopted an after-tax benchmark from the industry standard FTSE ASFA Australia Index Series. Both funds will be ...

Baby boomers stagger blindfold into retirement: REST

MARK STORY  |  TUESDAY, 22 JAN 2013
A whopping 86% of Australia's 5.5 million baby boomers are, in varying degrees, financially under-prepared for retirement, according to research release by industry super heavyweight REST Industry Super today. Dubbed The Journey Begins, the REST-commissioned ...

PhillipCapital boosts local presence

MARK STORY  |  FRIDAY, 18 JAN 2013
Singapore-based integrated financial house, PhillipCapital launched in Australia this week following the rebranding of Australian broking and advisory firm Octa Phillip. The move is expected to boost PhillipCapital's scale in Australia across wealth ...

VicSuper adopts fresh approach to sovereign exposure

MARK STORY  |  TUESDAY, 15 JAN 2013
Victorian superannuation fund, VicSuper recently made significant changes to its core international fixed interest portfolio to better manage what it regards as heightened global sovereign risk. Working with investment adviser Towers Watson, fund manager ...

New super fund launch by SA Govt

MARK STORY  |  MONDAY, 14 JAN 2013
Super SA Select, a new SA government super fund which commenced on 1 January 2013 is targeting young workers, part-time and casual public sector employees. Designed to provide SA public sector employees with more choice for their super, Super SA members ...

Above trend growth bodes well for commodities

MARK STORY  |  WEDNESDAY, 9 JAN 2013
... much so that the HSBC PMI - now at a 19 month high - is pointing towards above trend growth. A China-led, global growth story is expected to benefit commodities prices which have steadied after falling for most of 2012. Interestingly, despite having ...

Retail Super Funds tank in satisfaction-stakes

MARK STORY  |  FRIDAY, 21 DEC 2012
Satisfaction with the financial performance of Retail Super Funds in November 2012 was 41.6%, the lowest level since July 2004, well behind Industry Funds (49.0%) and Self Managed Super Funds (69.1%), a new report reveals. Based on over 30,000 interviews ...

UBS Global AM secures major FI mandates

MARK STORY  |  FRIDAY, 21 DEC 2012
UBS Global AM has successfully been awarded two significant fixed income mandates in Australia, collectively worth close to A$2.8 billion. A leading Swiss-based global multi-line insurance provider has formally appointed Global AM as a fixed income ...