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Showing 621 - 630 of 1019 results for James Fernyhough

Cbus launches default retirement income stream option

JAMES FERNYHOUGH  |  THURSDAY, 5 DEC 2013
Cbus has launched a new default investment option aimed at providing an income stream for people transitioning into or already in retirement. The 'Conservative Growth' option aims to provide an after tax return of inflation plus 3.25% over a rolling ...

Former CFSGAM exec joins Frontier Advisors

JAMES FERNYHOUGH  |  THURSDAY, 5 DEC 2013
Industry fund-owned asset consultant Frontier Advisors has appointed former head of Colonial First State Global Asset Management (CFSGAM) Property Tim Stringer as a senior consultant in its real assets team. Stringer, who moves to Frontier from a position ...

Industry and retail fund mergers on the cards

JAMES FERNYHOUGH  |  WEDNESDAY, 4 DEC 2013
As the pressure on superannuation funds to merge increases, large industry funds may start looking to retail funds for merger opportunities, according to DST Global Solutions head of business development Rhys Octigan. Octigan said that technological ...

Planners lax on capital protected product advice: ASIC

JAMES FERNYHOUGH  |  WEDNESDAY, 4 DEC 2013
Many financial advisers have not made sufficient enquiries into their clients' financial circumstances when advising on capital protected products, the Australian Securities and Investments Commission (ASIC) has found. In Report 377, 'Review of advice ...

How green are 'green funds'?

JAMES FERNYHOUGH  |  WEDNESDAY, 4 DEC 2013
Superannuation funds offering 'green' or 'sustainable' investment options may be misleading their members, with big polluters often topping the holdings lists. The top holding in AustralianSuper's Australian sustainable fund (managed by Perpetual) is ...

Kinetic Super appoints director to replace Fisher

JAMES FERNYHOUGH  |  TUESDAY, 3 DEC 2013
Kinetic Super has appointed Nancy Fox as a board director following the departure of the fund's founder, Ross Fisher, who is retiring after over 20 years. Fox will join the board as an employer representative. She has extensive board experience, including ...

ASIC chair defends against media 'smear'

JAMES FERNYHOUGH  |  TUESDAY, 3 DEC 2013
The Australian Securities and Investments Commission (ASIC) chairman Greg Medcraft has released a YoutTube video defending ASIC's "good work" and criticising what he termed an attempt by the media to "smear our staff and culture." He said these media ...

Rice Warner warns of massive TPD underinsurance

JAMES FERNYHOUGH  |  TUESDAY, 3 DEC 2013
Underinsurance in life, income protection and total and permanent disability (TPD) cover is costing the government more than $1.5 billion a year, according to a new report by Rice Warner. Insufficient TPD cover was by far the most costly to the government ...

Towers Watson adds five to investment team

JAMES FERNYHOUGH  |  MONDAY, 2 DEC 2013
Towers Watson has made five new appointments to its Australian investment team in response to an expanding client base. Two of the five are investment consultants: Craig Mercer and Sean O'Shea. Mercer will take on the role of senior hedge funds and ...

Government agnostic on portfolio holdings disclosure

JAMES FERNYHOUGH  |  MONDAY, 2 DEC 2013
The government has given little away about its preferences regarding the depth and rigour of portfolio holdings disclosure, following Assistant Treasurer Arthur Sinodinos' release of a discussion paper on this subject last week. Part of the Stronger ...