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Showing 841 - 850 of 975 results for "Essential+"

Equipsuper pulls plug on Vision merger

MELANIE TIMBRELL  |  MONDAY, 28 MAY 2012
The board of Equipsuper has voted unanimously to withdraw from its planned merger with Vision Super. Equipsuper has cited differences at Board level on the investment model to be employed as the motive behind the decision, although integration of the ...

APRA empowered to chase rogue superfund directors

BEN COLLINS  |  THURSDAY, 24 MAY 2012
The Lower House of Parliament has passed legislation that will give the Australian Prudential Regulation Authority greater powers to pursue "rogue superfund directors". The Superannuation Legislation Amendment (Trustee Obligations and Prudential Standards) ...

Super funds urged to disclose director and exec pay

BEN COLLINS  |  WEDNESDAY, 16 MAY 2012
The Australian Institute of Superannuation Trustees is calling on its 80 member funds to provide full disclosure of trustee director and executive pay, and not wait for Government regulation. The Australian Institute of Superannuation Trustees (AIST) ...

China needs active management: Fidelity

MELANIE TIMBRELL  |  WEDNESDAY, 9 MAY 2012
Revised growth targets are part of the latest Chinese five-year plan focusing on social harmony, but active management is essential to reap the solid gains, according to Fidelity. Chinese equities may still be considered a relatively risky asset class ...

Compensation report finds against last resort scheme

RACHEL DAVIS  |  WEDNESDAY, 9 MAY 2012
... ensuring that Australians have access to the most effective compensation arrangements. Getting these arrangements right is essential - one only needs to consider the recent corporate collapses like Trio, Westpoint and Storm to appreciate this." The FPA ...

Member interests and employer choice paramount

ELISE BURGESS  |  TUESDAY, 10 APR 2012
Member interests and not the interests of competing funds is paramount for default super, said FSC and the AIST in their parliamentary submissions. The Australian Institute of Superannuation Trustees (AIST) and the Financial Services Council (FSC) have ...

Finance and Treasury Association appoints new CEO

RACHEL DAVIS  |  THURSDAY, 5 APR 2012
The Finance and Treasury Association has appointed David Michell as new CEO. Michell is the former technical director and deputy chief executive of the Association serving from 1999 to 2006. He has 25 years experience in banking, investments and in ...

Practices valued at doubled RR: survey

ELISE BURGESS  |  TUESDAY, 3 APR 2012
Most financial planners value a planning business between two and three times the recurring revenue and expect a claw back clause, according to an industry survey. In a nation-wide survey of planners, Radar Results found that the highest demand for ...

FSC urges Senate to vote for SG rise

CLAIRE MCGREAL  |  MONDAY, 19 MAR 2012
The Financial Services Council is urging Senators to pass legislation to increase the superannuation guarantee, tabled for today, saying Australians would benefit to the tune of $184bn as a result. New research carried out by Rice Warner Actuaries for ...

SuperStream exposure draft a positive step

ELISE BURGESS  |  MONDAY, 13 FEB 2012
The industry has welcomed the Government's exposure draft legislation and a draft explanatory memorandum, detailing new proposed legislation to improve the administration and management of super accounts through the SuperStream reforms. The draft is ...