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Showing 491 - 500 of 693 results for "Custodian"

No need for more super bureaucracy: Cormann

LAURA MILLAN  |  FRIDAY, 10 MAY 2013
There was no need for more bureaucracy to protect Australian's superannuation savings, shadow minister for Financial Services Mathias Cormann has said in response to the government's announcement of a superannuation charter. Cormann was also critical ...

HOSTPLUS awards custody tender to Citi, gets MySuper licence

ALICE URIBE  |  TUESDAY, 23 APR 2013
HOSTPLUS has appointed Citi its global custodian as part of its transformation to becoming a pooled superannuation trust (PST) according to chief investment officer Sam Sicilia. Sicilia told the Financial Standard that Citi won the tender after an 18-month ...

Super council won't prevent Labor tax raids

MARK SMITH  |  MONDAY, 8 APR 2013
Shadow Treasurer Joe Hockey has slammed the government's new superannuation proposals saying the new Council of Superannuation Custodians would not bring an end to future tinkering. Details about the independent body are yet to be disclosed, but Treasurer ...

Brogden reaffirms campaign warning to politicians

MARK SMITH  |  MONDAY, 8 APR 2013
Financial Services Council (FSC) chief executive John Brogden has put his super campaign on hold in light of the government's proposed changes to the retirement tax regime, but warns future governments that it may return. At a press conference in Sydney ...

Government announces key super reforms

LAURA MILLAN  |  FRIDAY, 5 APR 2013
Australians with superannuation balances over $2 million dollars face losing key tax concessions, Treasurer Wayne Swan and Financial Services and Superannuation Minister Bill Shorten announced this morning. Starting July 1, 2014, all new earnings on ...

Super changes ease political and financial uncertainty

MARK SMITH  |  FRIDAY, 5 APR 2013
The announcement of changes to the superannuation taxation system this morning has ended speculation, allowing savers and voters to focus on the future, the Association of Superannuation Funds of Australia (ASFA) said. Treasurer Wayne Swan and Minister ...

Aust custody and admin sector hits $2 trillion

MARK STORY  |  WEDNESDAY, 13 FEB 2013
... billion) saw significant growth of their total assets under custody of 40.5% and 56.1%. J.P. Morgan remains the largest custodian of non-Australian assets for Australian investors ($109 billion, up 13.6%), followed by Northern Trust ($86 billion, up ...

DomaCom to partner with Perpetual on new platform

LAURA MILLAN  |  TUESDAY, 12 FEB 2013
... Perpetual on a new platform expected to launch in the third quarter of 2013. Perpetual will act as Responsible Entity and Custodian to the new platform, DomaCom said. "Perpetual's well-known approach and commitment to responsible investment including ...

VicSuper and Aust Ethical adopt after-tax benchmark

MARK STORY  |  THURSDAY, 24 JAN 2013
VicSuper and Australian Ethical Superannuation - which collectively have over $2.4 billion Australian equity assets under management - have adopted an after-tax benchmark from the industry standard FTSE ASFA Australia Index Series. Both funds will be ...

Manual corporate actions processing costly: DST

MARK STORY  |  THURSDAY, 6 DEC 2012
Mistakes, delays and sub-optimal investment decision making associated with the manual processing of corporate actions is costing Australian investors millions of dollars annually. This was the missive delivered by Geoff Harries, global head of asset ...