Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 601 - 610 of 738 results for "Modern"

Shorten reins in employer involvement in default super

MELANIE TIMBRELL  |  THURSDAY, 23 AUG 2012
... select an alternative unlisted MySuper product. The Government is supporting the selection of default funds for inclusion in modern awards to be undertaken by the expert panel within Fair Work Australia (FWA) and rejects the right to unilateral employer ...

ACSI lends weight to ASX plan for rights issues

MELANIE TIMBRELL  |  THURSDAY, 16 AUG 2012
The Australian Council of Superannuation Investors (ACSI) supports an ASX proposal to reduce the timetable for rights issues to 16 days. The ASX consultation on modernising the timetable for rights issues would see 10 days sliced off the current standard ...

Legal challenges face default super inquiry

MELANIE TIMBRELL  |  WEDNESDAY, 8 AUG 2012
The changing role of Government in recommending default super funds in modern awards could lead to worker legal action against the Commonwealth. The Law Council of Australia issued the warning at public hearings held by the Productivity Commission (PC) ...

Aust Ethical partners with Russell

LINDA HAUSKEN  |  TUESDAY, 7 AUG 2012
... has appointed global asset manager Russell Investments to deliver administration services to the fund's 14,000 members. Modern and scalable technology was a major draw card for Australian Ethical's choice of Russell Investments administration services ...

Annuities regaining acceptance: Challenger

ALEX DUNNIN  |  FRIDAY, 3 AUG 2012
... like putting up a wall between annuities and the people they were designed for, she explained. But product enhancements in modern annuities have addressed at least some of these concerns, said Hutchinson. "We enhanced the product to remove many of their ...

No role for FWA in choosing default funds: CSSA

MELANIE TIMBRELL  |  WEDNESDAY, 1 AUG 2012
... and experience would be best suited to making appropriate decisions on which funds should be allowed as default funds in modern awards. "We understand the FWA has been subject to some significant level of criticism in their handling of recent enquiries," ...

Trust tax reform can be split

MELANIE TIMBRELL  |  TUESDAY, 31 JUL 2012
Assistant Treasurer David Bradbury's announcement yesterday of a further delay to tax reform for trusts has sparked debate over the relative merit of using the same timetable for a number of reform strands. Speaking at a CPA Australia lunch yesterday ...

Default fund listings unnecessary: FSC

MELANIE TIMBRELL  |  TUESDAY, 31 JUL 2012
... Brogden said that while the Commission has indicated a preference for options under which default funds remain embedded in Modern Awards, this would be suboptimal to the FSC's preferred option. The FSC's preference is for a system where any default MySuper ...

LUCRF expands in-house investment team

BEN COLLINS  |  WEDNESDAY, 18 JUL 2012
... who speaks the languages will be an advantage." LUCRF Super (Labour Union Co-operative Retirement Fund), Australia first modern industry fund, was established in 1978 by the Storeman and Packers Union, now the National Union of Workers. It has over 184,000 ...

Wins and losses in PC default super report

ALEX DUNNIN  |  FRIDAY, 29 JUN 2012
... Industry Superannuation Network (ISN), said, "The Productivity Commission has recognised that the default funds named in modern awards have generally outperformed other superannuation funds and agreed with the submissions of ISN and others that the selection ...