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Showing 771 - 780 of 1019 results for James Fernyhough

Citi surges but NAB still top dog custodian

JAMES FERNYHOUGH  |  MONDAY, 2 SEP 2013
Citigroup has seen a huge surge in assets under custody (AUC) in the first half of 2013, growing by more than 20% to $213.28 billion, according to half-yearly sector figures released by the Australian Custodial Services Association (ACSA). Citi now ...

AustSafe gets MySuper approval

JAMES FERNYHOUGH  |  FRIDAY, 30 AUG 2013
Queensland-based industry fund AustSafe Super has been granted its MySuper licence. The fund, which serves rural and regional industries and communities in Queensland, has 130,000 members and funds under management of just under $1.5 billion. AustSafe ...

Wilson HTM reports losses after year of "disruptions"

JAMES FERNYHOUGH  |  FRIDAY, 30 AUG 2013
Wilson HTM Investment Group has reported net losses after tax of $1.6 million. This compares with net losses of $7.6 million in FY 2012. Wilson chair Steven M Skala put the disappointing performance in part down to "disruptions" caused by the investigations ...

MDAs key to proving value of advice

JAMES FERNYHOUGH  |  FRIDAY, 30 AUG 2013
Managed discretionary accounts (MDA) could be a key area for financial planners wanting to add value to their service offerings in the post-FoFA world, according to Brett Sanders, joint chief executive of Philo Capital Advisers. Sanders said that the ...

Coalition urged to rethink super slash costings

JAMES FERNYHOUGH  |  THURSDAY, 29 AUG 2013
The Coalition has been urged to reconsider its decision to scrap the low income superannuation contribution (LISC) scheme and delay the increase of the super guarantee (SG), which it announced in its costings yesterday. In a joint statement, Women in ...

Peter Collins to chair ISN

JAMES FERNYHOUGH  |  WEDNESDAY, 28 AUG 2013
Former Liberal politician and NSW Treasurer Peter Collins has been appointed chair of Industry Super Network (ISN). ISN has also appointed former Labor Premier of Victoria John Brumby as deputy chair of the board. Collins was a member of NSW Parliament ...

Whiteley and Brogden join forces to condemn CPA report

JAMES FERNYHOUGH  |  WEDNESDAY, 28 AUG 2013
The "accord" between the Industry Super Network (ISN) and the Financial Services Council (FSC) has seen its first practical manifestation in a joint response to CPA Australia's report into the superannuation system. The strongly-worded response, penned ...

Mercer gives taster of MySuper product

JAMES FERNYHOUGH  |  WEDNESDAY, 28 AUG 2013
Mercer has developed a "whole-of-life" lifecycle default fund which it will use as its MySuper product. The fund, named 'SmartPath', is already being advertised on Mercer's website, and will be available on 1 January 2014. Mercer partner Graeme Mathers ...

Academic questions Libs' super board independence policy

JAMES FERNYHOUGH  |  WEDNESDAY, 28 AUG 2013
The Coalition's plan to introduce stricter rules aimed at ensuring super fund board independence could be counterproductive, according to Sally Wheeler, professor of law at Queen's College, Belfast. Speaking at an event hosted by the Association of ...

AMP Capital raises US$300m for infra debt fund

JAMES FERNYHOUGH  |  TUESDAY, 27 AUG 2013
AMP Capital has raised more than US$300 million from 17 international institutional investors for its AMP Capital Infrastructure Debt Fund II (IDF II). The IDF II follows AMP Capital's first infrastructure debt fund, which attracted US$503 million from ...