Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 4331 - 4340 of 6514 results for "Jul"

CareSuper to shed mandates

BEN COLLINS  |  WEDNESDAY, 28 NOV 2012
At least $3.4 billion worth of investment mandates will be evaluated by CareSuper when it decides which ones it no longer needs after a recent merger. In October this year industry funds CareSuper and Asset Super completed a tie-up which led to the ...

Ex-Macq banker to head up Govt clean energy fund

BEN COLLINS  |  MONDAY, 26 NOV 2012
An ex-Macquarie banker starts work today as chief executive officer of the Federal Government's renewable energy investment vehicle, the Clean Energy Finance Corporation (CEFC). Oliver Yates will be the first chief executive of the fledgling fund, and ...

DUET Group approves internal management

BEN COLLINS  |  MONDAY, 26 NOV 2012
Plans announced in July to internalise the management of Macquarie and AMP Capital-owned utilities investor DUET Group have been approved by the listed fund's shareholders. Macquarie and AMP Capital now hope to internalise DUET's management arrangements ...

CGT relief passes Senate

BEN COLLINS  |  FRIDAY, 23 NOV 2012
Capital gains tax relief legislation for superannuation funds passed through the Senate yesterday alongside two other key pieces of reform. Unrealised gains or losses on revenue and capital assets incurred from 1 October 2011 to 1 July 2017 can now ...

ANZ launches low-cost super fund

MARK SMITH  |  THURSDAY, 22 NOV 2012
ANZ has launched a new life-cycle super fund that aims to beat the cost of comparable industry and retail funds. ANZ Smart Choice Super automatically adjusts its exposure between growth and defensive assets depending on the member's age and, according ...

CCH to handle First Super compliance admin

MARK SMITH  |  WEDNESDAY, 21 NOV 2012
Compliance and reporting specialist CCH has partnered with First Super to help comply with the Australian Prudential Regulation Authority (APRA)'s more extensive reporting requirements. The new rules, which come into force from July 2013, require all ...

Fund flows up after tax changes

BEN COLLINS  |  WEDNESDAY, 14 NOV 2012
Overseas fund flows into Australia have increased since the government changed tax laws in 2010, a study has shown. The two year study was commissioned by the Financial Services Council (FSC) and The Trust Company to find out if there had been an increase ...

Most consumers distrust advisers

MARK SMITH  |  TUESDAY, 13 NOV 2012
Less than half of Australians believe their advisers are acting in their best interest when offering products and services, according to a global investor study by the State Street Centre for Applied Research. The entitled The Influential Investor ...

Don't ignore Lifecycle Funds: Mercer

BEN COLLINS  |  TUESDAY, 13 NOV 2012
The benefits of Lifecycle Funds are not understood in the superannuation sector, and they should be considered as a default option under MySuper, said Mercer. Many people can't even tell you what a Lifecycle Fund is, Graeme Mather, Mercer's defined ...

Market wrap AM

AAP  |  TUESDAY, 13 NOV 2012
The Australian market looks set to open flat following the overnight lead of international bourses which have treaded water as EU ministers meet over Greek debt but are unlikely to release critically needed bailout funds. At 0652 AEDT on Tuesday, the ...