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Showing 831 - 840 of 2502 results for "James"

Royal commission must look at 'full picture': TWUSUPER CEO

JAMES FERNYHOUGH  |  THURSDAY, 11 DEC 2014
Incoming TWUSUPER chief executive Paul Sayer has questioned the motivation of the Royal Commission into Union Governance and Corruption, urging the commissioner to take a balanced view in his initial findings, which are due out on Monday. Just over ...

Solve super tax inequity, says Murray

JAMES FERNYHOUGH  |  THURSDAY, 11 DEC 2014
The upcoming tax white paper must redesign the taxation of superannuation so that it no longer disproportionately favours wealthy people, according to the Financial System Inquiry final report. The white paper, which is due to be drawn up next year ...

Steve Tucker and Paul Heath launch HNW business

JAMES FERNYHOUGH  |  WEDNESDAY, 10 DEC 2014
Former MLC chief executive Steve Tucker and former JBWere chief executive Paul Heath have launched a new private wealth management firm, Koda Capital. Privately funded by private equity players and former wealth industry executives, Koda Capital will ...

Life company profits flat

JAMES FERNYHOUGH  |  WEDNESDAY, 10 DEC 2014
Revenue and profits for the 12 months to June 2014 have remained flat for life insurance companies, according to the latest statistics released by the Australian Prudential Regulation Authority (APRA). While most of the figures released in the latest ...

Hastings partners with Japanese bank

JAMES FERNYHOUGH  |  WEDNESDAY, 10 DEC 2014
Hastings Funds Management has partnered with the largest trust bank in Japan, Sumitomo Mitsui Trust Bank (SuMi Trust), to invest in infrastructure debt opportunities in Europe. Under the partnership, Hastings and Tokyo-based SuMi Trust have already ...

FSI report favours longevity pooling

JAMES FERNYHOUGH  |  MONDAY, 8 DEC 2014
The Financial System Inquiry final report has recommended superannuation funds make more use of longevity pooling in their retirement products. The report recommended that super funds offer a quasi-default 'comprehensive income product for retirement' ...

AMP Capital joins mFund

JAMES FERNYHOUGH  |  MONDAY, 8 DEC 2014
AMP Capital has joined ASX's mFund Settlement Service, listing six of its funds on the service. This takes the number of fund managers listed on the service to 23, and the number of funds to 70. ASX managed investment services manager Ian Irvine said ...

Industry funds reject majority independent directors

JAMES FERNYHOUGH  |  MONDAY, 8 DEC 2014
David Murray's recommendation that super fund boards comprise a majority of directors has met with mixed responses from the industry, with the retail side welcoming it but the not-for-profit side broadly rejecting it. Media reports, meanwhile, have ...

Global shares tipped amid slow local growth

JAMES FERNYHOUGH  |  MONDAY, 8 DEC 2014
Investors in the Australian share market can expect sluggish growth at best in 2015, as the fall in commodity prices flows on to the wider Australian economy. Plummeting oil prices and the resulting sudden fall in the domestic share market in early ...

FSI favours Chile-style default super auction

JAMES FERNYHOUGH  |  SUNDAY, 7 DEC 2014
David Murray has recommended that the MySuper system be replaced by a default fund auction process similar to the Chilean model if fees do not come down considerably by 2020. The Financial System Inquiry final report has argued that superannuation fees ...