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

Search Results

Showing 521 - 530 of 820 results for "Retail fund"

Wins and losses in PC default super report

ALEX DUNNIN  |  FRIDAY, 29 JUN 2012
The Productivity Commission has handed down its draft report on default superannuation funds, and while its recommendations were predictable, they represent big wins and yet severe threats for both sides of the industry. The inquiry was called in 2009 ...

IMCA names CIMA scholarship winners

LINDA HAUSKEN  |  FRIDAY, 15 JUN 2012
The Investment Management Consultants Association Australia has named the winners of its annual CIMA scholarship. CIMA is an academically accredited course that seeks to address the unique demands and requirements of investment consultants and fund ...

Super FUM up 3.6pc

ALEX DUNNIN  |  THURSDAY, 7 JUN 2012
The value of superannuation FUM is up 3.6% in the year to March 2012 to reach $1.38 trillion, tracking the growth rate of GDP that was announced yesterday. Public sector funds are, however, growing almost 4-times faster as 14%, reflecting cash injections ...

NAB AS wins Maple-Brown Abbott mandate

RACHEL DAVIS  |  WEDNESDAY, 23 MAY 2012
National Australia Bank's Asset Servicing division has been appointed to provide custodial and administration services to Maple-Brown Abbott's retail funds, one of nine new clients the business has won in the past nine months. With approximately $10 ...

Plan For Life predicts retail managed fund growth

LINDA HAUSKEN  |  FRIDAY, 18 MAY 2012
Plan For Life's recent forecast of the Australian managed funds market sees retail funds growing $425.9bn by the end of 2021. Retail funds, which had $511.1bn in funds under management at 31 December 2011, are tipped to grow to $937bn by 2021, including ...

AustralianSuper wins landmark IBM mandate

MELANIE TIMBRELL  |  THURSDAY, 17 MAY 2012
AustralianSuper has won Australia's largest corporate super outsourcing mandate to manage the $1.7bn IBM staff fund. Subject to due diligence, current IBM Super members and employees will transfer to AustralianSuper effective 1 November 2012. The tender ...

Super funds urged to disclose director and exec pay

BEN COLLINS  |  WEDNESDAY, 16 MAY 2012
The Australian Institute of Superannuation Trustees is calling on its 80 member funds to provide full disclosure of trustee director and executive pay, and not wait for Government regulation. The Australian Institute of Superannuation Trustees (AIST) ...

Retail funds in ACTU's sights

MELANIE TIMBRELL  |  WEDNESDAY, 16 MAY 2012
Superannuation funds would be forced to reveal related party fee details if a union push on disclosure succeeds, in a move likely to hit bank-aligned retail funds. The policy on retirement income and superannuation, due to be signed off at the ACTU ...

MySuper consultation draws focus on divisions

MELANIE TIMBRELL  |  MONDAY, 30 APR 2012
... new requirements to ensure that the convoluted trust structure in the retail sector doesn't inadvertently protect retail fund directors from full disclosure," Reynolds said. "Currently it is almost impossible to find the names of the directors on retail ...

Trustee reforms risk being neutered

ALEX DUNNIN  |  THURSDAY, 26 APR 2012
Speculation is growing that superannuation minister Bill Shorten will announce reforms to the operation of trustee boards, but if the reforms don't take account of trustee companies the reforms will be toothless. The Australian Financial Review and ...