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Showing 521 - 530 of 2330 results for "Dun"

Super delivers 12.2% for year end April

ALEX DUNNIN  |  WEDNESDAY, 3 JUN 2015
Returns from super fund default MySuper options dipped to 12.2% for the 12 months to end April but funds are still on track for another solid financial year, according to SelectingSuper's latest performance survey. The SelectingSuper survey of Workplace ...

NAS loses VFMC, retains VicSuper

MARK SMITH  |  MONDAY, 1 JUN 2015
Victorian Funds Management Corporation (VFMC) has appointed State Street as its custodian and administrator, ending a 21 year relationship with its previous custodian, NAB Asset Servicing. VFMC, which has $50 billion in funds under management, said ...

Members less likely to switch from workplace funds

ALEX DUNNIN  |  THURSDAY, 28 MAY 2015
Members are two thirds more likely to switch their personal super funds than their workplace super fund, explaining why retail wealth groups are ramping up their political campaign to decouple superannuation from industrial awards. Roy Morgan has just ...

Widen access to PLS, say cross-bench senators

ALEX DUNNIN  |  WEDNESDAY, 27 MAY 2015
Senators Jacqui Lambie, Glenn Lazarus, Ricky Muir and Nick Xenophon have called on the government and opposition to back legislation to broaden access to the Pension Loan Scheme (PLS). The PLS, established by the Hawke government in 1983, is a reverse ...

Fight profit shifting, ACTU tells industry funds

ALEX DUNNIN  |  WEDNESDAY, 27 MAY 2015
Union appointed industry super fund trustees should use their board influence to treat profit shifting by multi-national companies as a corporate governance issue and also promote infrastructure investment, delegates at the 2015 ACTU Congress were told ...

ACCC approves Federations Centres and Novion merger

ALEX DUNNIN  |  THURSDAY, 21 MAY 2015
The Australian Competition and Consumer Commission (ACCC) will not oppose Federation Centres' proposed acquisition of Novion Property Group, paving the way for the new combined group to become a major player in Australia's highly concentrated institutional ...

Plan sponsors have fiduciary obligations: SCOTUS

ALEX DUNNIN  |  THURSDAY, 21 MAY 2015
In a case that is expected to send shock waves through the US workplace superannuation market, the US Supreme Court has agreed that 401(k) sponsors have a fiduciary obligation to not just monitor their funds but remove underperforming or excessively ...

AMP Capital in the hunt for new CEO

LAURA MILLAN  |  TUESDAY, 19 MAY 2015
AMP is conducting a global search to find a new chief executive to drive the group's funds management division with a focus on expansion in Asia. AMP Capital chief executive Stephen Dunne will retire later in the year after 12 years in the role, the ...

ASIC seeks more bans in SMSF advice crackdown

ALEX BURKE  |  FRIDAY, 15 MAY 2015
ASIC is seeking banning orders ranging from 7.5 years to permanent for individuals participating in providing unlicensed advice to SMSF investors. The regulator has provided submissions to the Federal Court, specifically mentioning property developer ...

SEC and FINRA issue robo warning

ALEX DUNNIN  |  TUESDAY, 12 MAY 2015
The US Securities and Exchanges Commission (SEC) has issued a warning to investors regarding what it calls 'automated investment tools,' a group of web-based tools that include robo-advisers. The warning, prepared by the SEC's Office of Investor Education ...