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Showing 4111 - 4120 of 4897 results for "Alex"

Conflicts not all bad: AIST

ALEX DUNNIN  |  FRIDAY, 1 MAY 2009
In a major submission to APRA, the Australian Institute of Superannuation Trustees (AIST) has said that fighting for the elimination of conflicts of interest can be self-defeating. Instead, the peak interest group for not-for-profit super funds said ...

UK budget cuts HNW pension relief

ALEX DUNNIN  |  WEDNESDAY, 29 APR 2009
In a forerunner to what might happen in next month's Federal Budget, the UK government has slashed retirement savings tax rebates for people earning more than A$300,000. The reforms are part of a widely criticised budget that takes the UK deficit to ...

Another day another inquiry

ALEX DUNNIN  |  WEDNESDAY, 29 APR 2009
Senator Nick Sherry has announced another inquiry into the superannuation system that kickstarts what could be the most fundamental review of modern superannuation since its introduction in the mid1980s. "After 21 years of operation, it's time to have ...

Budget deficit squeezes pension promises

ALEX DUNNIN  |  FRIDAY, 24 APR 2009
The looming federal budget deficit tipped to exceed $50 billion accompanied by a blow-out in the government's borrowing requirement is threatening the Prime Minister's promise to boost age pensions in next month's budget. Following last year's budget ...

US fixed interest SRI beats market

ALEX DUNNIN  |  FRIDAY, 24 APR 2009
SRI fixed interest funds in the US have gone from just matching non-SRI mutual fund returns to beating them, according to the latest Cerulli research. "There has always been an unwritten rule that investors have to give up performance to invest their ...

Platforms should merge

ALEX DUNNIN  |  WEDNESDAY, 22 APR 2009
Master trusts and wraps should be consolidated into a single government run platform to drive greater efficiencies and lowers costs. Wade Tubman, a director, and Annie Liao, a senior manager in the actuarial practice at PricewaterhouseCoopers, told ...

APRA declares hand on unlisted asset valuations

ALEX DUNNIN  |  MONDAY, 20 APR 2009
APRA has unveiled how unlisted assets should be valued in light of the current markets and broke away from tradition when it outlined what it considers as 'bad practice'. "Valuations of 'appraisal based' assets can have a critical impact on members ...

S&P puts 12 CFS funds 'on hold'

ALEX DUNNIN  |  FRIDAY, 17 APR 2009
Standard & Poor's Fund Services has placed 12 Colonial First State's (CFS) small-cap growth funds 'On Hold'. The dramatic move follows the announcement that the small-caps lead portfolio manager Raaz Bhuyan is transferring across to the CFS's large-cap ...

Fee-for-service cuts planner revenue

ALEX DUNNIN  |  FRIDAY, 17 APR 2009
Advice businesses shifting from commissions to fee-for-service experience revenue drops but not as substantial as expected. Updated research from Elixir Consulting has found that businesses that charge a set dollar fee for their ongoing advice did not ...

New chair for ISPT

ALEX DUNNIN  |  WEDNESDAY, 15 APR 2009
ISPT has appointed James Cain as an independent board appointed director and chair. The three year term, commencing 30 April 2009, follows the resignation of Carol Schwartz late last year. Cain has significance industry experience, gained operated M21 ...