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

Search Results

Showing 501 - 510 of 730 results for new zealand superannuation fund

Judgment reserved for accused Ponzi head

MELANIE TIMBRELL  |  MONDAY, 17 SEP 2012
The New South Wales Supreme Court has reserved its judgment in the long-running case against New Zealand businessman David Hobbs, who stands accused of heading a US$42 million Ponzi scheme. ASIC first took action against the unlicensed operators of ...

J.P. Morgan launches risk measure tool

BEN COLLINS  |  THURSDAY, 30 AUG 2012
... strategy to comply with the new FSC/ASFA guidelines," said David Braga, investor services product head, Australia and New Zealand, WSS. "Beyond its application to the Standard Risk Measure, OPAL has been designed to support institutional investors with ...

SmartBeta solution tackles passive MySuper index approach: AXA IM

BEN COLLINS  |  WEDNESDAY, 29 AUG 2012
... funds and other problems associated with market-capitalisation indices, said Craig Hurt, AXA IM director, Australia & New Zealand. "SmartBeta offers a middle ground for those looking to harvest the return of the market whilst still avoiding the inefficiencies ...

Mercer: Stronger Super adds pressure on funds

LINDA HAUSKEN  |  WEDNESDAY, 8 AUG 2012
... management changes to remain compliant and competitive in the market," said David Anderson, managing director, Australia & New Zealand at Mercer. "With the 2013 deadline looming, it is essential for corporate funds to decide how they will meet future ...

Nick Sherry to chair FNZ Australia

MELANIE TIMBRELL  |  MONDAY, 6 AUG 2012
... Australia. The appointment was announced in conjunction with the promotion of current managing director for Australian and New Zealand operations Martin Jennings to the board as chief executive of Australasia. "Nick Sherry has more than 25 years' involvement ...

Treasury heavy handed on portfolio disclosure

BEN COLLINS  |  THURSDAY, 19 JUL 2012
... limited portfolio disclosure are UniSuper and Sunsuper. Anthony Serhan, Morningstar chief executive for Australia and New Zealand, who will be a headline speaker on the topic at the FSC conference, said the cost to funds would be minimal if policy allows ...

KiwiSaver 5 years going strong

ALEX DUNNIN  |  WEDNESDAY, 18 JUL 2012
... to about two-thirds of the nation's 3 million workforce. The fund, not to be confused with the New Zealand Superannuation Fund - akin to Australia's Future Fund - began in 2007 as New Zealand's version of a co-contribution superannuation scheme. Due ...

Northern Trust continues expansion

BEN COLLINS  |  TUESDAY, 17 JUL 2012
... Northern Trust aims to build on its base of 14 institutional clients with $137bn in assets under custody in Australia and New Zealand." "Strategically, Australia is a key market for Northern Trust, and we continue to invest in People and global capabilities ...

Wins and losses in PC default super report

ALEX DUNNIN  |  FRIDAY, 29 JUN 2012
... leaves option two as the most likely compromise, which, ironically, is very similar to the way employer super works in New Zealand with a panel of KiwiSaver default funds. Reflecting these issues, the response from superannuation industry players is ...

ASIC winds up unregistered managed investment scheme

BEN COLLINS  |  FRIDAY, 15 JUN 2012
... is taking civil penalty action against the operators of Master Fund and 13 other schemes, including David Hobbs (a New Zealand citizen and resident), David Collard and Min Hua. The hearing of ASIC's civil penalty proceedings commences on 4 July 2012. ...