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| | | After enjoying a stranglehold on Awards, one of the biggest challenges facing Industry super funds now will be direct distribution, said Sunsuper boss Tony Lally. "We [industry funds] relied on Award distribution, and now, for us it is about preserving ... |
| | | | Draft legislation released yesterday states that only those fully licensed and authorised to provide personal financial advice are actually entitled to call themselves a financial planner/adviser. Currently, under the Corporations Act 2001, there is ... |
| | | | The Actuaries Institute has released guidance for Financial Condition Reports (FCRs) for superannuation funds. The development of FCRs are in response to increasing complexity and risks in superannuation funds and anticipate APRA's intention bring the ... |
| | | | Interest rates could fall to record lows as the Australian economy struggles against a weaker mining sector and low global growth, according to BlackRock's Australian head of fixed income Stephen Miller. The investment specialist says that the rosy ... |
| | | | Qantas Super will change how it manages equities with an after-tax reporting system for managers developed with Seattle-based firm Parametric. Chief investment officer Andrew Spence said the new system was the latest step in a range of solutions aimed ... |
| | | | A growing number of self-managed super fund trustees are actively looking to move to a managed fund as they approach retirement, according to legalsuper chief executive Andrew Proebstl. He says that trustees are questioning whether they will have the ... |
| | | | So what else is new? Up one day, down the next. Optimism that US will jump over the cliff one day, plunge into it the next. Hopeful that Greece would get another euro cent dropped into its begging bowl one day (and from a broader perspective the euro ... |
| | | | The Australian share market has opened lower, after markets in the United States were closed for the Thanksgiving holiday. At 1010 AEDT on Friday, the benchmark S&P/ASX200 index was down three points, or 0.07 per cent, at 4,410.1 points, while the broader ... |
| | | | Protests by the Victorian branch of the CMFEU against an alleged indirect business relationship CBUS has with the Grocon building group has highlighted how - as super becomes more wired to the broader economy - funds will have to confront more intense ... |
| | | | The explosion in demand for low volatility and defensive equity funds is making these assets too expensive, says Towers Watson's Stephen Miles. The group's global head of equities says the substantial increase in the number of defensive equity products ... |
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