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ESS picks up new CEO from JUST SUPER

HAMISH MADDEN | WEDNESDAY, 19 APR 2006

... SUPER chief executive officer David Atkin to head the organisation. Atkin will leave his post at JUST SUPER for his new role next month. Meanwhile, Gerard Noonan, chairman of JUST SUPER and recently announced CMSF Trustee of the Year, said they were ...

Call for personal tax cuts to plug company tax loophole

KATE HAGE | TUESDAY, 18 APR 2006

... been less focused on it," Oliver said. Oliver added that the Government seems uncommitted to addressing the issue in the next Budget, in spite of the pressures of an aging population. "I think the Government should look at cutting the top marginal tax ...

Single women a rising force in residential property

... survey's outcome, the number of single female home buyers is likely to increase from 18 per cent to more than 20 per cent in the next five years, suggesting that at least one in five single women will be buying a property for themselves by 2010. Ellis ...

AMP stalwart tipped to replace Genesys MD

KATE HAGE | THURSDAY, 13 APR 2006

... Kirk, will take up the position. Kirk could not be contacted for comment but will return from an overseas trip at the end of next week. While Genesys' parent company, Challenger Financial Group, declined to comment, a spokesperson for Genesys did tell ...

1 in 4 Australians have more than one super fund: ICAA

... or just under 14 per cent of the sample population, expect they will roll their super accounts into a single fund in the next 12 months. This highlights that while super choice is important, it's the portability provisions that make it work. Michelle ...

Fin literacy won't happen overnight, but it will happen: Clitheroe

HAMISH MADDEN | TUESDAY, 11 APR 2006

... stressed the taskforce was however not a solution to all the problems in the financial sector. "Please don't come up to me next year and say 'there's been another Westpoint and it's the Financial Literacy Task Force's fault'. This is not simple as it's ...

Future Fund appointee's business cops downgrades from Fitch

HAMISH MADDEN | MONDAY, 10 APR 2006

... divisions not specified in the sale will remain with the Rothschild group. The sale is expected to be completed over the next three months, however it is still subject to due diligence procedures and regulatory approvals.

Daily economic update

... the ECB's president Jean Claude Trichet which virtually dashed market expectations that the ECB will raise interest rates next month. In the press conference, ECB President Trichet stated that 'the present high probability which is given for an increase ...

Super funds to inject $1.5bn more into Aussie hedge funds

... academic survey has predicted that current allocation by major super funds to hedge funds will jump by $1.5 billion in the next two to five years, an increase from the current average allocation of 2.9 per cent to 4.1 per cent. The University of NSW's ...

Daily economic update

... expected to raise rates further. The European Central Bank has also lifted rates and speculation is it would do so again next month. Japan has removed its quantitative easing policy and is gearing to end its zero interest rate policy soon. The Reserve ...

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Treasury responds to Debelle's review into the AOFM

KARREN VERGARA | 12:22PM

Treasury has responded to the Guy Debelle-led review into the Australian Office of Financial Management (AOFM), agreeing to all six recommendations.

Bravura ups guidance, reports earnings increase

RIDDHIMA TALWANI | 12:16PM

Bravura Solutions informed investors cost discipline will protect its full year earnings result after a client migrated to a Business Process Outsourcing (BPO) early in the year.

MaxCap hires from Vanguard, AustralianSuper

MATTHEW WAI | 11:35AM

MaxCap has welcomed two senior directors, including a portfolio manager from Australia's largest super fund, reporting to the recently named chief executive Kylie Robb.

Zenith snags mandate from Granite Bay

MATTHEW WAI | 11:31AM

Granite Bay Private Wealth has selected Zenith Investment Partners to support their investment governance and due diligence.

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