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Showing 561 - 570 of 762 results for "Modern"

FEATURE: 2014 year in review

MARK SMITH, LAURA MILLAN, JAMES FERNYHOUGH  |  FRIDAY, 12 DEC 2014
... (ISA) in June. The court case was over the role of the Fair Work Commission (FWC) in selecting default super funds for modern awards. The FSC initially argued that the panel that selected funds was biased in favour of industry funds. Then, when the FWC ...

Long-serving CBA exec announces retirement

MARK SMITH  |  MONDAY, 1 DEC 2014
The Commonwealth Bank of Australia's long-serving group executive, business and private banking, Grahame Peterson will retire early next year, the bank has announced. The company has promoted Adam Bennett from another role in the organisation to replace ...

Super returns dip in September quarter

JAMES FERNYHOUGH  |  FRIDAY, 28 NOV 2014
... and said it vindicated the validity of the Fair Work Commission's involvement in the selection of default super funds for modern awards. "Australians rely on the safety net to ensure our savings are in good hands," he said. "The banks, however, treat ...

Sophisticated investor register launched

MARK SMITH  |  THURSDAY, 6 NOV 2014
A new online investor registry, aimed at modernising the compliance process for certifying sophisticated and wholesale investors, has been launched by Sophisticated Access (SA). The real-time registry, known as Cygura, is for investors and their accountants ...

Financial Standard unveils Digital Dozen in social media

STAFF WRITER  |  FRIDAY, 31 OCT 2014
... they play in the client's life.A It is vital that licensees and principals look to integrate these strategies into every modern practice." The Finalists are (in alphabetical order): Dominique Bergel-Grant, financial planner & founder, Leapfrog Financial ...

ISA proposes new restrictions on retail super

JAMES FERNYHOUGH  |  THURSDAY, 16 OCT 2014
... Brogden, meanwhile, argued that the FWC system was "anti-competitive" and called for it to be abolished. Whiteley said: "[The modern awards] system accommodates a 'market failure' in our super system. Eight in ten workers do not choose their own fund. ...

PROFILE: UniSuper CEO Kevin O'Sullivan

JAMES FERNYHOUGH  |  THURSDAY, 9 OCT 2014
... catches up with James Fernyhough to talk retirement income, the value of asset consultants, and the future of super in modern awards. Kevin O'Sullivan has lived in Melbourne for the last 24 years, but his accent leaves no doubt that he is, in his own ...

FSC-ISA battle recommences over MySuper data

JAMES FERNYHOUGH  |  FRIDAY, 3 OCT 2014
... unconscionable," ISA said. The FSC, meanwhile, took the opportunity for renewing its call for superannuation to be removed from modern awards. Brag said: "Industry funds are now more expensive and offer lower returns than FSC member funds, but maintain ...

MySuper hurts low balance members: UniSuper CEO

JAMES FERNYHOUGH  |  WEDNESDAY, 1 OCT 2014
... fund in that the vast majority - 95% - of its members join via enterprise bargaining agreements (EBAs) rather than through modern awards. This means that the majority of university employees have no choice but to join UniSuper. UniSuper has come up with ...

Ai Group defends super in awards

JAMES FERNYHOUGH  |  WEDNESDAY, 10 SEP 2014
Australian Industry Group (Ai Group) has called for superannuation default funds to remain within the modern awards system. In its second-round submission to the Financial System Inquiry (FSI) the employer group, which represents more than 6000 businesses ...