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Showing 531 - 540 of 782 results for "Australian Super"

40% of super funds gone by 2020:CoreData

BEN COLLINS  |  TUESDAY, 7 AUG 2012
The number of funds in the Australian superannuation industry is expected to shrink by up to 40% by 2020, and the "Sweet spot" for funds is $10-$15bn in assets under management, said a CoreData whitepaper. Dubbed 'Survival of the fittest', CoreData's ...

Nick Sherry to chair FNZ Australia

MELANIE TIMBRELL  |  MONDAY, 6 AUG 2012
Former Senator and Minister for Superannuation, Nick Sherry, has been appointed chairman of technology and administrative services provider FNZ Australia. The appointment was announced in conjunction with the promotion of current managing director for ...

Retirement income the big challenge

MELANIE TIMBRELL  |  MONDAY, 6 AUG 2012
... according to one manager. Alan McFarlane, chief executive officer at Edinburgh-based Dundas Global Investors said the Australian super system has yet to withstand the test of an enormous cohort of people living off accumulated savings. According to APRA's ...

US releases model FATCA agreement

MELANIE TIMBRELL  |  MONDAY, 30 JUL 2012
... with US Treasury and Internal Revenue Service (IRS) officials around issues with the draft legislation which saw Australian super funds fail to qualify for exemption. "The intergovernmental agreement provides further detail on the structure of agreements ...

Model FATCA intergov agreement imminent

MELANIE TIMBRELL  |  THURSDAY, 26 JUL 2012
... the option and act quickly to ensure a carve-out for Australian superannuation funds. Due to the nuances of the Australian super system, it has failed to qualify for exemptions within the draft Foreign Account Tax Compliance Act (FATCA) regulations released ...

Ernst & Young appoints Nick Sherry

MELANIE TIMBRELL  |  TUESDAY, 24 JUL 2012
Former Rudd-government Minister for Superannuation and former senator Nick Sherry will join Ernst & Young's superannuation practice in the capacity of senior advisor. Working with Ernst & Young's national superannuation leader Maree Pallisco, Sherry ...

Kinks in Stronger Super armour

MELANIE TIMBRELL  |  MONDAY, 23 JUL 2012
... mentions of liquidity risk, which was the problem in the GFC, yet make no mention of the three primary risks facing Australian super in the short term future - those being country risk, inflation risk and profit share risk. Miller however, said that ...

Babson Capital gaining traction

BEN COLLINS  |  MONDAY, 23 JUL 2012
US-based Babson Capital Management is experiencing traction in the Australian syndicated loan market through its Asia-Pacific fund. "As a house we see very good relative value in the region. Out here we generate what we believe are good returns for ...

AIMA helping super funds plan HF moves

MELANIE TIMBRELL  |  FRIDAY, 20 JUL 2012
... Ivey, president of AIMA Australia, however, has said that not too much should be read into the figures and that Australian super funds are demonstrating an increased interest in the area. "Many of the [Australian] funds have got to 3% of the total portfolio ...

FSC focuses FATCA talk on govt agreement

MELANIE TIMBRELL  |  WEDNESDAY, 18 JUL 2012
... Financial Services Council chief John Brogden is back in Washington DC arguing for a country specific exemption for Australian super funds to avoid compliance burdens associated with the contentious FATCA regime. Under draft Foreign Account Tax Compliance ...