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Showing 9301 - 9310 of 18128 results for "superannuation"

AMP to enter Chinese pension market

JAMES FERNYHOUGH  |  FRIDAY, 31 OCT 2014
... "AMP has a proud 165 year history and has contributed significantly to the development of the AUD$1.85 trillion superannuation and pension market in Australia, the world's fourth largest pension savings pool. "Having had a successful venture in funds ...

ASIC pays commissioners $2.9m in 2014

LAURA MILLAN  |  THURSDAY, 30 OCT 2014
... commissioner with the salary they received, but it revealed that the highest salary paid in 2014 was $714,139, including superannuation, and the lowest was $491,790. ASIC top officials are chairman Greg Medcraft, deputy chairman Peter Kell, commissioner ...

APRA releases group insurance best practice guide

JAMES FERNYHOUGH  |  THURSDAY, 30 OCT 2014
... guide reflects APRA's heightened focus on group insurance and forms part of APRA's response to issues in both the superannuation and life industries," Laughlin said. 'APRA expects industry to continue to improve practices in this market.' The release ...

Mercer unveils longevity insurance product

JAMES FERNYHOUGH  |  THURSDAY, 30 OCT 2014
... a lifetime annuity, and therefore does not require the same capital reserves. Open to members of participating superannuation funds, individual investments are put into a mutual pool, and that money is invested in a mixture of highly defensive assets ...

Towers Watson launches Thinking Ahead Institute

JAMES FERNYHOUGH  |  WEDNESDAY, 29 OCT 2014
Towers Watson has launched a global not-for profit organisation aimed at "influencing change in the investment world to improve the provision of savings." Dubbed the Thinking Ahead Institute, it is open to asset owners, investment managers and other ...

Energy Super CEO explains disclosure decision

JAMES FERNYHOUGH  |  TUESDAY, 28 OCT 2014
... executive Robyn Petrou. Since launching the disclosure tool last week, Petrou said 1400 people have used it. While most superannuation funds have fought (successfully) to delay the portfolio holdings disclosure rules that were part of the original Stronger ...

Family trusts overlooked amid SMSF boom

MARK SMITH  |  TUESDAY, 28 OCT 2014
... the fact that family trusts have been around for much longer. The attraction of SMSFs are the tax benefits that superannuation offers as well as the flexibility they give in managing retirement savings, but Hutton says these can be outweighed by the ...

OneVue confirms Eureka Report deal

JAMES FERNYHOUGH  |  TUESDAY, 28 OCT 2014
... to final negotiation. Under the deal, Eureka Report subscribers will have access to digital direct distribution, superannuation and pension plans and self-managed superannuation fund (SMSF) services. In a release to the ASX, OneVue said: "Subject to ...

APRA releases draft RSE fraud management guide

ALEX DUNNIN  |  MONDAY, 27 OCT 2014
... just released for consultation a draft prudential practice guide concerning fraud risk management that Registrable Superannuation Entity (RSE) licensees will be expected to follow. In it the regulator used a broad definition of fraud risk and covered ...

Shareholder primacy a myth: Governance Institute

JAMES FERNYHOUGH  |  MONDAY, 27 OCT 2014
The notion that company boards have a legal obligation to act in the sole interest of their shareholders is a myth, according to a new discussion paper by the Governance Institute of Australia. The paper, entitled 'Shareholder primacy: Is there a need ...