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| | | The Government has welcomed most of the recommendations from the Cooper Review - but rejected several key proposals to do with MySuper. The Cooper Review originally recommended that there should be no cost cross-subsidisation between MySuper and other ... |
| | | | Fees for private equity, hedge funds, infrastructure and real estate investments have all declined this year - and the timing couldn't be worse for alternatives as many funds struggle to assert their diversification credentials, post-GFC. According ... |
| | | | The $2 billion-plus Statewide Super has reduced staff members by 20 per cent in the last year, and is ramping up its sales force to target employers as part of the fund's growth strategy for next year. A little over a year since John O'Flaherty became ... |
| | | | Four new iShares exchange traded funds (ETFs) generated $140 million in funds under management in just two trading sessions, but contrary to popular belief, institutions - not retail investors - are leading the charge into the products. iShares launched ... |
| | | | Australia's funds management market climbed 2 per cent in the September quarter to reach $1.374 trillion, but over the year it grew only 1 per cent, reveals analysis by Rainmaker. This lacklustre growth in FUM contrasts with the 8 per cent growth in ... |
| | | | As part of a broader effort to resolve its fiscal crisis, Ireland unveiled plans to develop a market for sovereign annuities earlier this week, which could be used by under-funded Irish pension funds to meet their defined benefit liabilities. After ... |
| | | | No longer in the grasp of the GFC, jobs within the financial services industry have swelled as companies begin to expand once more according to talent consulting firm, Right Management. Right Management research found that 71 per cent of candidates ... |
| | | | IBM Super fund has redesigned its website with new features, following the trend of super funds upgrading their technology as members become more tech savvy. In what could be called a late start when compared to other super funds, the new-look IBM Super ... |
| | | | UniSuper plans to expand its financial planning service next year after better-than-expected demand, with thousands of members using it to get general advice while around 700 requested tailored financial plans. UniSuper Advice, launched last December ... |
| | | | "Here comes Santa Claus, Here comes Santa Claus, Right down Santa Claus Lane..." The Reserve Bank of Australia (RBA) played Santa to Australians all by announcing no increase in interest rates yesterday. It may have to lift the official cash rate from ... |
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