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Showing 4541 - 4550 of 7028 results for "Corporate"

Super FUM hits $1.4 trillion

ALEX DUNNIN  |  THURSDAY, 23 AUG 2012
... funds (SMSF) grew 3.7% to $484 billion and are well on their way to breaking through the half trillion dollar barrier. Corporate funds meanwhile continued their decline and contracted 4.5% through the year to reach $56 billion. The growth of SMSF means ...

Shorten reins in employer involvement in default super

MELANIE TIMBRELL  |  THURSDAY, 23 AUG 2012
... so Australians can maximise their retirement savings." Not-for-profit funds (industry funds, public sector funds and corporate funds), achieved median 12 month returns of +0.9% last year, according to SelectingSuper while corporate master trusts (funds ...

Sunsuper expands nationally

MELANIE TIMBRELL  |  WEDNESDAY, 22 AUG 2012
... consumers outside of the fund's home state of Queensland. "Sunsuper already has a healthy national presence through its corporate business," said chief executive Tony Lally. "But we are now launching a more targeted campaign to rapidly grow the Fund ...

Commbank knew of potential Storm collapse: lawyers

BEN COLLINS  |  WEDNESDAY, 22 AUG 2012
... would allow the banks to avoid scrutiny of their misconduct during the global financial crisis. He said the aims of the corporate regulator and those of his clients do not align as ASIC is seeking a declaration that would bring up the standards of ba ...

Market wrap

AAP  |  WEDNESDAY, 22 AUG 2012
... 1,943.22. Hong Kong was flat, edging down 4.18 points, to close at 20,100.09 as traders shifted focus to a flurry of corporate earnings reports out this week, while Shanghai closed up 0.54 per cent, or 11.31 points, to 2,118.27. WELLINGTON - The NZX ...

Super governance Bill passes amid cries of favouritism

BEN COLLINS, MELANIE TIMBRELL  |  THURSDAY, 16 AUG 2012
... voted against legislation that raises the bar for superannuation trustees including those overseeing industry funds, corporate funds and retail funds," Shorten said. However, the Coalition has long argued that Labor has "cherry-picked" a selection of ...

CBA posts good profits despite volatile markets

LINDA HAUSKEN  |  WEDNESDAY, 15 AUG 2012
... which we are operating. As expected, revenue growth was subdued reflecting ongoing caution from both our retail and corporate customers," said Ian Narev, chief executive of the CBA. "This translated into lower credit growth and greater pressure on market ...

ASIC issues crowd funding guidance

LINDA HAUSKEN  |  WEDNESDAY, 15 AUG 2012
... not prohibited in Australia nor is it generally regulated by ASIC," said Greg Tanzer, commissioner, ASIC However, the corporate regulator has pointed out some risks for operators of crowd funding websites and people considering participating in crowd ...

Vision Super issues shortfall liability notices

MELANIE TIMBRELL  |  WEDNESDAY, 15 AUG 2012
... the pension phase and attached to the scheme - then their liability will reflect that. Rebecca Mackenzie, director - corporate services at Yarra Ranges Council, which is required to front up $13.4 million, including liabilities for the Eastern Regional ...

Storm's victims counselled against settlement

BEN COLLINS  |  WEDNESDAY, 15 AUG 2012
... banks associated with Storm to be higher than the $1 billion that ASIC has previously estimated. He says the aims of the corporate regulator and those of his clients do not align, because ASIC is seeking a declaration that would bring up the standards ...