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Showing 831 - 840 of 1663 results for Ruth Liew

Not-for-profit super funds reign

RUTH LIEW  |  TUESDAY, 24 MAR 2009
Not-for-profit super funds have consistently beaten retail funds by an average 2.4 per cent per year over nearly a five year period - resulting in some retail funds' members getting around 40 per cent less in their final retirement benefits, new research ...

No bail-out for cash-strapped assets

RUTH LIEW  |  TUESDAY, 24 MAR 2009
Super funds with unlisted property in their portfolio should be prepared to "let failures fail" - particularly if managers are requesting more inflows to a poorly performing fund, said a leading investment consultant. Fiona Trafford-Walker, managing ...

No fast bucks: Costello

RUTH LIEW  |  TUESDAY, 24 MAR 2009
Superannuation funds hold the critical mandate of looking past short term losses, rebuilding Australia's economic infrastructure and righting the ethical wrongs resulting in the global financial crisis, said Tim Costello, chief executive of World Vision ...

Mexican super funds shut doors

RUTH LIEW  |  MONDAY, 23 MAR 2009
Pension funds in Mexico are snubbing international investments this year as they invest all of their fund inflows into the local market to boost the country's economy. According to Asociacion Mexicana de Administradoras de Fondos, an organisation that ...

Westscheme raises admin fees

RUTH LIEW  |  MONDAY, 23 MAR 2009
Westscheme is increasing its weekly administration fees by up to 20 per cent - following the footsteps of other industry funds hiking their fees in a bid to meet rising operational costs. The $2.4 billion Westscheme noted in a recent newsletter to members ...

Tasplan axes $280m State Street mandate

RUTH LIEW  |  FRIDAY, 20 MAR 2009
The $1 billion Tasmanian industry fund Tasplan has withdrawn a $280 million in fixed interest and cash mandates with State Street and pumped a combined $275 million into Colonial First State and Vanguard. According to Neil Cassidy, general manager of ...

NAB Super fine-tunes investment choice

RUTH LIEW  |  FRIDAY, 20 MAR 2009
NAB Group Superannuation Fund increases the flexibility of its investment choice options by introducing a new system that allows switches to be made within percentage multiples of 1 per cent, as opposed to the previous 10 per cent allowance. Effective ...

REST activates growth strategy

RUTH LIEW  |  FRIDAY, 20 MAR 2009
The $13 billion REST Superannuation fund has made a radical change to its growth and defensive asset allocation split - jumping from 67/33 to today's 78/22 in less than 9 months. According to Damian Hill, chief executive of REST, the fund is increasingly ...

OAMPS moves to tiered fee model

RUTH LIEW  |  THURSDAY, 19 MAR 2009
The $223 million OAMPS Super has slashed its overall fees and implemented a new "tiered" structure that lowers fees as the balance of members' super accounts grow. OAMPS Super, which is part of the larger OAMPS group that has operations in Australia ...

FPSA to recruit more advisers

RUTH LIEW  |  THURSDAY, 19 MAR 2009
Financial Planning Services Australia is looking to grow the number of practices under the FPSA umbrella to 50 and recruit 33 more advisers by year's end. FPSA, which has $1.4 billion in funds under advice, is looking to add 21 new practices and add ...