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Showing 551 - 560 of 1019 results for James Fernyhough

Towers Watson names global head of investments

JAMES FERNYHOUGH  |  TUESDAY, 11 FEB 2014
Towers Watson has appointed Chris Ford to the UK-based role of global head of its investment business, following the departure of Carl Hess from the role. Hess, who held the position from 2008, will remain at Towers Watson and become managing director ...

FSC slams 'closed shop' super awards rules

JAMES FERNYHOUGH  |  TUESDAY, 11 FEB 2014
The Financial Services Council (FSC) has urged the government to take superannuation out of modern awards, arguing that the Fair Work Commission (FWC) has no role in determining which funds can be default employer funds. Under the current system, super ...

Sunsuper acquires holiday park chain

JAMES FERNYHOUGH  |  TUESDAY, 11 FEB 2014
Queensland-based industry fund Sunsuper has acquired a 98% stake in nationwide holiday park chain Discovery Holiday Parks. Under the arrangement, the $26 billion super fund, which already held shares in the company, acquired a "significant majority ...

Latest Financial Standard issue available on the iPad app

JAMES FERNYHOUGH  |  MONDAY, 10 FEB 2014
In the latest edition of Financial Standard, we sit down with Assistant Treasurer Arthur Sinodinos to discuss his career to date and find out what he hopes to achieve in office. In particular, Senator Sinodinos reflects on the thinking behind the proposed ...

More Australians opt for advice through super

JAMES FERNYHOUGH  |  MONDAY, 10 FEB 2014
Superannuation funds, and industry funds in particular, are on track to becoming the favoured channel for consumers seeking financial advice, according to a new survey by Investment Trends. The Investment Trends September 2013 Advice Report found that ...

FoFA changes must go before parliament: Collins

JAMES FERNYHOUGH  |  MONDAY, 10 FEB 2014
The government's proposed changes to the Future of Financial Advice (FoFA) reforms must be debated as legislation in Parliament, according to Industry Super Australia (ISA) chair and former NSW Liberal leader Peter Collins. The government is currently ...

FoFA amendments could bring back commissions: FPA

JAMES FERNYHOUGH  |  FRIDAY, 7 FEB 2014
The government's proposed amendments to the Future of Financial Advice (FoFA) reforms could lead to a return to commissions, Financial Planning Association (FPA) chief executive Mark Rantall has warned. Speaking at the Financial Advice in Super Symposium ...

Australia's pension pool fastest growing in the world

JAMES FERNYHOUGH  |  THURSDAY, 6 FEB 2014
Australia's pool of superannuation assets has grown faster than any other pension fund pool in the world over the last 10 years, according to Towers Watson's Global Pensions Asset Study 2014. The study showed found that the pool of assets has grown ...

ASX managed fund service gets go-ahead

JAMES FERNYHOUGH  |  THURSDAY, 6 FEB 2014
The ASX's mFund Settlement Service (mFund), formally known as AQUA II, has cleared the final regulatory hurdle and is provisionally set to launch at the beginning of the second quarter this year. The Australian Transaction Reports and Analysis Centre ...

FEAL names CEO

JAMES FERNYHOUGH  |  WEDNESDAY, 5 FEB 2014
Fund Executives Association Ltd (FEAL), the industry body representing the executive branch of the superannuation industry, has appointed Joanna Davison as its new chief executive. Davison has held the position of acting chief executive since November ...