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Showing 741 - 750 of 1011 results for "ASF"

Factions will stay: AMP, AustralianSuper

RUTH LIEW  |  FRIDAY, 12 NOV 2010
Two of the country's largest super funds, AustralianSuper and AMP, said a fully cohesive superannuation industry will never be achieved, as retail and not-for-profit super funds cannot completely set aside their differences to tackle the toughest issues ...

End the factions: Shorten

RUTH LIEW  |  THURSDAY, 11 NOV 2010
Superannuation minister Bill Shorten compared the bickering among the super fund industry's factions to a Monty Python sketch and said it's time for them to deliver something back to the community in return for the government support they receive. Minister ...

Trustees call to scrap MySuper

RUTH LIEW  |  THURSDAY, 11 NOV 2010
Two prominent superannuation industry experts have argued that MySuper should be axed, saying it will only worsen member complacency and completely fails to tackle the two major issues in super - engagement and adequacy. David Galbally QC, chairman ...

Calls to fast track higher SG: survey

ELISE BURGESS  |  TUESDAY, 9 NOV 2010
Three in five Australians want the government to introduce the law on raising compulsory superannuation payments (SG) sooner rather than later, according the latest ASFA survey. Majority of the survey's respondents said they want a faster deadline than ...

ASF to distribute QFII fund in Aus

JOHN MCDULING  |  FRIDAY, 5 NOV 2010
ASX-listed Chinese investment company ASF Group has signed an exclusive deal to distribute the Marco Polo Pure China Fund in Australia, and is targeting institutional investors for mandates. The Marco Polo Pure China Fund invests in mainland Chinese ...

Industry could face another inquiry

RUTH LIEW  |  TUESDAY, 26 OCT 2010
Shadow Treasurer Joe Hockey has called for an in-depth review of the Australian financial system and competition among the big four banks - a move that could trigger another inquiry involving Australia's trillion dollar superannuation industry. Media ...

Trustees must raise bar on governance: ASFA

RUTH LIEW  |  WEDNESDAY, 13 OCT 2010
Superannuation trustees should be subject to higher governance standards than listed company directors owing to the long term and compulsory nature of super, according to industry body ASFA. This week ASFA launched its updated Governance Best Practice ...

Retiree living costs fall despite CPI jump

NEWS RELEASE  |  TUESDAY, 12 OCT 2010
The aggregate costs for a couple living comfortably in retirement fell by 0.2 per cent in the June quarter of 2010, figures from the latest Westpac ASFA Retirement Standard show. According to the report, a couple looking to achieve a comfortable retirement ...

ASIC super expert joins ASFA

RUTH LIEW  |  THURSDAY, 7 OCT 2010
ASFA has hired former ASIC senior executive superannuation leader, Louise du Pre-Alba, as its new director of policy. Du Pre-Alba was previously head of super at ASIC and will take up her role immediately on a part-time basis, before working full-time ...

Busting myths on alternatives: JANA

RUTH LIEW  |  WEDNESDAY, 29 SEP 2010
A prominent asset consultant told an ASFA luncheon audience yesterday that just because a particular investment is listed on the market doesn't make it "right" in a portfolio, or better than its unlisted alternatives. "There's this myth that because ...