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Showing 4141 - 4150 of 6605 results for "Future2"

Super fund mergers could risk member attrition

LAURA MILLAN  |  FRIDAY, 16 JAN 2015
Most super fund members would not like their fund to go through any merger activity, according to the CoreData 2014 Member Growth Report. The report asked the question to 858 super fund members and 65.6% said they would not like their fund to merge ...

NZ Super and Infratil buy RetireAustralia

MARK SMITH  |  MONDAY, 5 JAN 2015
New Zealand Super has joined forces with Infratil to buy major Australian aged care facility operator RetireAustralia. The sovereign wealth fund and the asset manager will take 50% each after entering into a sale and purchase agreement worth $640.2 ...

Independent expert lists CBA compensation challenges

LAURA MILLAN  |  FRIDAY, 19 DEC 2014
Promontory Financial Group has acknowledged that the Commonwealth Bank (CBA) program to compensate victims of bad financial advice poses a number of challenges. The independent expert has released its first report, following its appointment by CBA in ...

Challenger negotiates Care Annuity compromise

JAMES FERNYHOUGH  |  THURSDAY, 18 DEC 2014
The Department of Social Services (DSS) has backed down from its plan to change the way it assesses current holders of the Challenger Care Annuity. However, Challenger has agreed to redesign the product in line with the new 'user pays' aged care policies ...

Government repeals Palmer FoFA changes

LAURA MILLAN  |  WEDNESDAY, 17 DEC 2014
The government has repealed the Palmer United Party's (PUP) proposed changes to the Future of Financial Advice (FoFA) legislation and grandfathering amendments have become law. The registration of the grandfathering provisions will see these regulations ...

Australian Unity acquires two $80 million mortgage funds

STAFF WRITER  |  MONDAY, 15 DEC 2014
Australian Unity Real Estate Investment (AUREI) has A acquired Owenlaw Trust Limited, the manager of the $60 million Owenlaw First Mortgage Income Fund and the $20 million Owenlaw Mortgage Trust. The Owenlaw First Mortgage Income Fund is a 'contributory ...

We'll underwrite when it suits us: Delaney

JAMES FERNYHOUGH  |  FRIDAY, 12 DEC 2014
AustralianSuper may act like an investment bank in underwriting future transactions, but only when it gives the fund a better deal on long-term investments, the fund's chief investment officer Mark Delaney has said. Earlier this year AustralianSuper ...

Season's Greetings from Financial Standard

ALICE URIBE  |  FRIDAY, 12 DEC 2014
December is a time for celebration. It's almost as if there is too much going on - the holidays, summer and New Year's all come at once in a heady maelstrom of activity. Rather than wind down, everything has a sense of speeding up. The same can be said ...

FEATURE: 2014 year in review

MARK SMITH, LAURA MILLAN, JAMES FERNYHOUGH  |  FRIDAY, 12 DEC 2014
This year has been another busy one for the financial servives industry. FoFA remained on the radar and the Financial System Inquiry has the potential to change things in a big way. The Financial Standard team takes a look at the issues that made waves ...

Future Fund equities head to depart

ALICE URIBE  |  THURSDAY, 11 DEC 2014
The Future Fund's head of equities is to leave the organisation to be replaced by an internal staffer on a temporary basis. Elspeth Lumsden joined the Future Fund in 2007 and led the team responsible for building the Fund's listed equity portfolio.A ...