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| | | In one of the more bizarre regulatory releases since the GFC, global regulatory group IOSCO has issued a report outlining guidelines for private equity managers stating that they should be honest and always act in their clients best interests. IOSCO ... |
| | | | Credit Suisse Investments hopes to fill the local investment gap for alternative asset classes that are genuinely uncorrelated to domestic equities - a move that ends in "catastrophe". Filo Sedillo, the local managing director in alternative investments ... |
| | | | The Industry Funds Forum Mental Health Foundation, SuperFriend, has developed a set of Code of Practice guidelines aimed at improving the management of insurance claims where mental illness is a contributing factor. Launched yesterday at the AIST Superannuation ... |
| | | | The California Public Employees' Retirement System is taking member education to cyberspace with the recently launched CalPERSResponds.com - a website that tackles pension issues such as investments, health and security. According to a press statement ... |
| | | | Asset consultant Frontier, which has $91 billion in funds under advice, has sent a letter last week to all the external fund managers of its super fund clients to consider charging flat dollar fees, instead of asset-based fees, on their investment mandates. ... |
| | | | ASIC has proposed a relaxation of the advice rules around superannuation benefit calculators for super funds, allowing them to more easily give their members indications about whether their super savings are on track.The regulatory relief proposals ... |
| | | | The regulator has launched proceedings against the chair, chief executive, chief financial officer and five other directors of entities within Centro Properties Group and Centro Retail Group for misleading accounting practices. The action includes Brian ... |
| | | | Head fake. So which one is the head fake? The Dow climbing past 10,000 or the Dow sinking below 10K? Over the past three trading days, the Dow has been playing seesaw on the 10,000 fulcrum -- over 10K Thursday, under 10K Friday, over 10K Monday. To ... |
| | | | Dow 10,000! So now...tell me...how do you put a negative spin on that? Not when Annie's tomorrow becomes today. "The sun'll come out Tomorrow Bet your bottom dollar That tomorrow There'll be sun!" Tomorrow's taken a year to come, but it has come. The ... |
| | | | TOWER Australia joins a growing list of corporate super fund providers that have switched from doing choice-of-fund admin internally to outsourcing the role to clearinghouse specialist, SuperChoice. Under the deal, SuperChoice will handle contributions ... |
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