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Showing 601 - 610 of 1161 results for "GFC"

New MLC product protects retirees from volatility

LINDA HAUSKEN  |  THURSDAY, 20 SEP 2012
... after retirement can generate over half the wealth we'll eventually consume," he noted. However, Barnett said, following the GFC, people have become acutely aware of the need for pre-retirees and retirees to have the right safeguards in place to protect ...

New hedge fund rules for post-GFC environment

MELANIE TIMBRELL  |  WEDNESDAY, 19 SEP 2012
ASIC's new guidance on hedge funds will force managers to greater disclosure on where money is invested, how assets are valued, the fund's structure and the risks involved to better protect investors following recent high-profile cases of fraud. Addressing ...

CEO bonuses tumbled in 2011

LINDA HAUSKEN  |  TUESDAY, 18 SEP 2012
... declined from $1.122 million to $1.098 million. The report also concludes that the bonuses dropped due to a hangover from pre-GFC CEO contracts and pay levels at some companies. "In the current market conditions, it is clear that boards have been listening ...

Cbus takes lead on trustee disclosure

BEN COLLINS  |  MONDAY, 17 SEP 2012
... is currently no legislation enforcing higher standards of disclosure on super funds, this move recognises that in the post-GFC environment, full remuneration disclosure is increasingly regarded as 'best practice' governance," she said. Earlier this year ...

Legg Mason chief replaced to staunch investor outflow

MELANIE TIMBRELL  |  FRIDAY, 14 SEP 2012
... independent director W. Allen Reed will become non-executive chairman. Fetting had steered the company through the fallout of the GFC since 2008 but had been unable to stem withdrawals of cash by investors. Yesterday Legg Mason issued shares worth $3 ...

Treasury seeks to boost APRA powers

MELANIE TIMBRELL  |  THURSDAY, 13 SEP 2012
... to the host system in which they are operating,'' the discussion paper said. Minister Shorten said that in the wake of the GFC the proposed changes would bring Australia into line with reforms being made across the G20 nations, included in which is Dodd-Frank ...

Sukuk demand to reach US$900bn in five years

MELANIE TIMBRELL  |  THURSDAY, 13 SEP 2012
... total issuances in 2011 flowing from sovereign linked entities. Despite the upsurge of global interest in Islamic debt post-GFC, Sukuk issuance platforms are currently proprietary to a few Islamic institutions, which the EY report says, may act as a ...

Investment management hit by downturn

MARK STORY  |  THURSDAY, 13 SEP 2012
A cocktail of market blows since the GFC which led super funds to reduce costs by going passive, amalgamate through economies-of-scale, and the internalisation of portfolio management by larger funds - plus reduced availability of capital - has meant ...

Greens propose scaled super contribs tax

ALEX DUNNIN  |  WEDNESDAY, 12 SEP 2012
... alternatives, such as phasing-in this system, in order to recognise the setback many people in their mid-fifties suffered in the GFC while working towards a fairer outcome over time," she said. The Greens estimate such a policy would raise $2.9 billion ...

Lest we forget Lehman: Omgeo

MELANIE TIMBRELL  |  TUESDAY, 11 SEP 2012
While this week's fourth anniversary of the collapse of Lehman Brothers only added to the GFC, history should see it as a net positive for the industry, according to Tony Freeman, executive director for industry relations at middle office player Omgeo. ...