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

Search Results

Showing 621 - 630 of 762 results for "Modern"

CSSA calls out default fund selection

BEN COLLINS  |  WEDNESDAY, 21 NOV 2012
... selection of default super funds being incorporated in the Fair Work Amendment Bill 2012. "If a fund does not appear in enough Modern Awards it will be unlikely to survive because it cannot be chosen as a default super fund. "Major funds may be forced ...

Super reforms hasten fund consolidation

MARK SMITH  |  FRIDAY, 9 NOV 2012
Sweeping reforms such as MySuper and SuperStream, a move to drive down costs and an urgent need for funds to modernise their process will accelerate the consolidation of superannuation funds and shake out smaller bodies less able to compete, according ...

The song remains the same

BENJAMIN ONG  |  FRIDAY, 9 NOV 2012
The results are all in. The week of punting is over... almost. And what have we got? A few lucky ones who gambled their life savings on "Green Moon" to win the Melbourne Cup and those who chose the seven winning numbers in Australia's A$100 million ...

AFA: Productivity Commission caves in to Shorten's pressure

LINDA HAUSKEN  |  FRIDAY, 19 OCT 2012
... policy and we question, the appropriateness of FWA making decisions with respect to the selection of superannuation funds in modern awards." Up until now the FWA has been running the system, and Fox said that to this point it has not worked. "It is difficult ...

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," ...