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Showing 71 - 80 of 80 results for "CMS"

Super funds hunting grounds for criminals

Super funds are increasingly becoming the target of organised crime and white-collar fraudsters, according to Peter Morris, director of KPMG Forensic. Speaking at the Conference of Major Superannuation Funds (CMSF), Morris said super funds are becoming ...

ESS picks up new CEO from JUST SUPER

HAMISH MADDEN  |  WEDNESDAY, 19 APR 2006
Emergency Services Superannuation (ESS) has announced the appointment of JUST 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 ...

Women like risk, men think too much

HAMISH MADDEN  |  WEDNESDAY, 12 APR 2006
While behavioral finance helps explain the things that economics gets wrong, a greater understanding of investor behavior may help us develop investment products that better suit individuals. Tracey McNaughton, senior economist with BT Financial Group ...

US pension fund wealth bigger than individual wealth

HAMISH MADDEN  |  WEDNESDAY, 12 APR 2006
US fiduciary wealth has surpassed individual wealth, presenting new opportunities for pension funds and other managed funds to leverage the weight of money to achieve corporate and social change. Speaking at the CMSF conference yesterday, William Greider ...

AIST and CMSF merger to strengthen trustee services

HAMISH MADDEN  |  TUESDAY, 11 APR 2006
At its AGM held on the Gold Coast yesterday, AIST released a discussion paper canvassing a potential merger with CMSF and the long-term viability of super trustee organisations. Citing the reducing number of super funds as the primary catalyst for the ...

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

HAMISH MADDEN  |  TUESDAY, 11 APR 2006
Paul Clitheroe, chair of the Financial Literacy Task Force, believes improving financial literacy is a 20 year project. Being a long term project, he said, it starts in the home, should be taught in schools and, above all, needs to be demonstrated through ...

Labor launches 6-point super plan

KATE HAGE  |  TUESDAY, 11 APR 2006
The Labor party has announced plans to finetune the nation's superannuation system, targeting lifting retirement income, cutting superannuation taxes and making it simpler for people to consolidate lost super. The Leader of the Opposition, Kim Beazley ...

Citigroup outsources in corporate master trust redesign

As part of a massive revamp of its corporate superannuation master trust Citigroup Asset Management has outsourced custody and administration to State Street Corporation and asset consulting to ipac. Ipac replaces Ray King's Sovereign Investment Research ...

Colonial Mutual to fix unit pricing errors

Three arms of Colonial Mutual, The Colonial Mutual Life Assurance Society (CMLA), Colonial Mutual Superannuation (CMS), and Commonwealth Custodial Services (CCS), have given ASIC an enforceable undertaking to correct errors contained in the unit-linked ...

Corporate, industry super funds at risk of fraudulent benefit claims

Corporate and industry superannuation funds face a growing risk of paying fraudulent benefit claims because of lax processing procedures and the transient nature of the work force they represent, Dean Newlan, director of forensic at KPMG, said last ...
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