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| | | Superannuation fund boards should comprise a majority of independent directors including an independent chair, David Murray has recommended in the Financial System Inquiry final report. If the government implements this recommendation, it would represent ... |
| | | | ... this, one industry fund - MTAA Super - has already gone down the road of appointing one third independents to its board. James Fernyhough caught up with the fund's chief executive Leeanne Turner and chair John Brumby to see how it has gone. MTAA Super's ... |
| | | | Industry Super Australia's inverted bid model for infrastructure project development has moved a step closer to becoming a reality, receiving the endorsement of the House of Representatives Standing Committee on Infrastructure and Communications. The ... |
| | | | NAB Asset Servicing (NAS) has lost another super fund client, with TWUSUPER switching custodians to BNP Paribas Securities Services. The $3.9 billion fund is the latest in a string of super funds, including QSuper, Sunsuper and Cbus, to take their business ... |
| | | | CLEAR Planning Solutions (CPlan) has selected Decimal Software Limited to provide the technology for its outsourced paraplanning and support solutions. CPlan will also provide data migration services for Decimal customers requiring support in transitioning ... |
| | | | ... fill the hole left by iron ore, coal, and other commodities, according to BNP Paribas head of fixed income in Australia James Hayes. Hayes said there is a tendency to overlook the LNG sector, perhaps because of a long construction period that has been ... |
| | | | SS&C Technologies Holdings has acquired DST Global Solutions Ltd., a subsidiary of DST Systems, for $95 million in cash. DST Global's products now owned by SS&C include industry-leading investment and fund accounting platform, HiPortfolio, and investment ... |
| | | | A new block trading venue for institutional investors is set to launch in the first half of 2015, exclusively for institutional investors trading in blocks of $1 million and above. Developed by BestEx, the new venue will be called Block Event. It positions ... |
| | | | The Department of Social Services (DSS) has given its reasons for changing the way it assesses Challenger's Care Annuity, saying it had mistakenly been assessing it on the grounds that investors in the annuity could not get their capital back. However ... |
| | | | Laminar Credit Opportunity Fund has been awarded the Victorian Innovation in Funds Management Award at the Melbourne Financial Services Symposium in Melbourne yesterday. The award, which is sponsored by the Victorian Government, recognises firms who ... |
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