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Countplus CEO to depart

JAMES FERNYHOUGH  |  MONDAY, 13 OCT 2014
... equity plan should ensure Countplus has a bright future ahead of it and I will leave knowing that this will complete the next vital stage in CUP's evolution. I look forward to assisting in the transition to a new CEO in the new year."

Low cost retail jumps 82pct

STAFF WRITER  |  MONDAY, 13 OCT 2014
... products," noted a statement released today by Industry Super Australia. Nevertheless, when this transition gathers pace in the next 2-3 years the FUM weight of this product class will grow rapidly by about $100 billion from retail MySuper products that ...

Two-fifths forced into retirement before financially ready

MARK SMITH  |  THURSDAY, 9 OCT 2014
... This increased to 94% for retirees, suggesting reality really hits home when a regular income from an employer stops. "The next step for the super industry is to ensure the right mix of options and tools for retirees to manage their income, which will ...

Seesaw on Wall Street

BENJAMIN ONG  |  THURSDAY, 9 OCT 2014
... rationale is really two sides of the same coin. The IMF's downgrade of its guesstimate for world growth this year and the next - the one that caused Wall Street's see - is the same one that produced Wall Street's saw while we slept. For now Virginia ...

Australians miss out on billions in unpaid super

JAMES FERNYHOUGH  |  WEDNESDAY, 8 OCT 2014
... employer is required to pay 9.5% of your salary into your superannuation account, and at least quarterly. The deadline for the next quarterly payment is October 28, so if you have any doubts about whether or not your super is being paid correctly, contact ...

ANZ Wealth research manager departs

MARK SMITH  |  FRIDAY, 3 OCT 2014
... a research role with asset consultancy CPG Research & Advisory. He has also worked for Fidelity Worldwide Investment and Next Financial Group.

New masters of universe

BENJAMIN ONG  |  THURSDAY, 2 OCT 2014
... Ebola.... and then the dip buyers, the bargain hunters, the bottom fishers come... and suddenly all is forgotten... until the next (big) fall. Because markets know that central bankers know that it won't end well if they let the markets drop and markets ...

PROFILE: AMP SMSF managing director Natasha Fenech

LAURA MILLAN  |  THURSDAY, 2 OCT 2014
... work in 2002 to study a masters in business administration (MBA) at the Australian Graduate School of Management (AGSM). Her next role was at Zurich, where she stayed for a year as project actuarial analyst. "It was a strategic project," she says, "where ...

QIC expands US operations with new appointment

JAMES FERNYHOUGH  |  WEDNESDAY, 1 OCT 2014
... and Australia is poised for an estimated A$135 billion wave of energy and transport infrastructure privatisations over the next three to five years." "Institutional investors are thinking beyond traditional listed assets and expressing growing interest ...

MySuper hurts low balance members: UniSuper CEO

JAMES FERNYHOUGH  |  WEDNESDAY, 1 OCT 2014
... accounts into an eligible rollover fund (ERF). "We'll probably have the bulk of the 75,000 people leaving UniSuper in the next few months," O'Sullivan said. According to Industry Fund Services general manager, products, David Vernon, fewer and fewer ...