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

Search Results

Showing 6671 - 6680 of 18128 results for "superannuation"

Private debt attractive for instos: Sahota

KANIKA SOOD  |  FRIDAY, 18 MAY 2018
Australia's $2.8 trillion private debt market could offer stable income opportunities for superannuation funds and high-net-worth individuals alongside capital preservation, according to fixed income veteran Bob Sahota. The private debt market in Australia ...

Industry funds call for super shortfall reform

JAMIE WILLIAMSON  |  FRIDAY, 18 MAY 2018
... research. Recent findings from AustralianSuper and Cbus suggest the changing nature of work will create a yearly superannuation deficit of about $23 billion by 2027. At present, it is estimated 2.3 million Australians are working jobs that either partially ...

Advisers struggling with SMSF diversification

JAMIE WILLIAMSON  |  FRIDAY, 18 MAY 2018
Only one in five financial advisers consider clients' self-managed superannuation funds to be well diversified. The 2018 SMSF Insights Paper - a collaboration between Investment Trends, BT Financial Group and the SMSF Association - shows that despite ...

APRA urges super funds to examine board skills

HARRISON WORLEY  |  FRIDAY, 18 MAY 2018
The prudential regulator is asking superannuation fund licensees to reconsider whether board members contain the requisite mix of skills and capabilities to fulfil their role. The regulator sent all registrable superannuation entities (RSEs) a letter ...

Industry fund chief executive retires

HARRISON WORLEY  |  THURSDAY, 17 MAY 2018
The chief executive at one of Australia's largest industry superannuation funds will retire at year's end. Chief executive of First State Super, Michael Dwyer, will depart the 750,000 member super fund in November following his current contract ...

ASIC cancels Melbourne firm's AFSL

KANIKA SOOD  |  THURSDAY, 17 MAY 2018
... financial services laws in conducting their business which often ended up substantially eroding their clients' superannuation balances. The businesses advertised "fast cash" to consumers with poor credit histories seeking loans, recommended clients switch ...

TCorp investment operations boss departs in leadership restructure

ALEX BURKE  |  THURSDAY, 17 MAY 2018
... TCorp in 2005 as head of investment management; he was previously manager member services at Australian Catholic Superannuation and head of sales and relationship management at BNP Paribas Securities Services. He's leaving TCorp because of a change ...

Australian asset owners support first stewardship code

DARREN SNYDER  |  THURSDAY, 17 MAY 2018
Two prominent industry superannuation funds, managing more than $174 billion, are the primary signatories to Australia's first asset owner stewardship code. AustralianSuper and HESTA have committed to the Australian Asset Owner Stewardship Code ...

Fees for no service compensation unfinished business: ASIC

DARREN SNYDER  |  THURSDAY, 17 MAY 2018
... for no service financial advice. Three months into his role, Shipton addressed the annual Australian Council of Superannuation Investors (ACSI) conference in Sydney this morning. He said the $220 million compensation bill for fees for no service will ...

Peak bodies join forces over due diligence

HARRISON WORLEY  |  THURSDAY, 17 MAY 2018
The Australian Institute of Superannuation Trustees and the Financial Services Council have joined forces, releasing guidance tools designed to help fund managers prepare operational due diligence reports for the superannuation industry. The FSC has ...