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

Search Results

Showing 441 - 450 of 1019 results for James Fernyhough

Class Super CEO departs suddenly

JAMES FERNYHOUGH  |  THURSDAY, 10 APR 2014
The newly-appointed chief executive of Class Super David Smith has departed suddenly after just three months in the role, following disagreements over his level of commitment to the company. Smith has been replaced by former Class chief operating officer ...

Could MySuper free-for-all lead to illegal inducements?

JAMES FERNYHOUGH  |  THURSDAY, 10 APR 2014
The removal of super from modern awards could see the big banks employing illegal or dubious methods to get new employers to sign up to their MySuper products, according to Cbus chief executive David Atkin. Currently, super funds wishing to provide ...

ISA gives evidence to PC on inverted bid model

JAMES FERNYHOUGH  |  WEDNESDAY, 9 APR 2014
Industry Super Australia (ISA) will today present its 'inverted bid' infrastructure funding model to the Productivity Commission (PC). ISA and its associated fund manager, IFM Investors, have long been talking about the inverted bid model, which spells ...

NGS Super lifts premiums for older members

JAMES FERNYHOUGH  |  WEDNESDAY, 9 APR 2014
NGS Super has unveiled the design of its new insurance offering, provided by the fund's existing group insurer CommInsure, to be launched on 1 July this year. The new deal involves significantly higher premiums and lower total and permanent disability ...

EISS appoints CIO

JAMES FERNYHOUGH  |  TUESDAY, 8 APR 2014
EISS Super has appointed Matt Olsen to the newly-created role of chief investment officer. Olsen was previously head of research at Select Investment Partners. Prior to that he was deputy chief investment officer and head of manager research at van ...

Macquarie Flexi 100 open for investment

JAMES FERNYHOUGH  |  TUESDAY, 8 APR 2014
Macquarie Specialist Investors has opened its Macquarie Flexi 100 Trust (Flexi) for investment for the fourteenth time. Flexi allows investors to borrow 100% of their investment amount to gain 100% principal protected exposure to "a range of domestic ...

Reduce corporate tax rate, says Macquarie

JAMES FERNYHOUGH  |  TUESDAY, 8 APR 2014
The corporation tax rate should be reduced to 25% if Australia wants to become a regional financial services hub, Macquarie Group has argued. In its submission to the Financial Services Inquiry, the bank argued that Australia's current corporation tax ...

Westpac to open branch in Shanghai

JAMES FERNYHOUGH  |  TUESDAY, 8 APR 2014
Westpac has received approval to set-up a sub-branch in the Shanghai Free Trade Zone (FTZ), becoming one of the first foreign banks to take advantage of the pilot program. The FTZ spans 28.78 square kilometres, and grants financial institutions exemptions ...

APRA requests more decision-making power

JAMES FERNYHOUGH  |  MONDAY, 7 APR 2014
The Australian Prudential Regulation Authority (APRA) has used its submission to the Financial System Inquiry to call for increased independence from government. APRA's submission argues that it needs more freedom to regulate the banking, superannuation ...

Vision Super names new CIO

JAMES FERNYHOUGH  |  MONDAY, 7 APR 2014
Vision Super has appointed Michael Wrysch as its new chief investment officer four months after the appointment of Stephen Rowe as its new chief executive. Wrysch, who will take up his position in June, is currently a senior investment consultant at ...