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Showing 9311 - 9320 of 18128 results for "superannuation"

Cbus sacks alleged leaker, plans governance review

JAMES FERNYHOUGH  |  FRIDAY, 24 OCT 2014
The Cbus employee allegedly responsible for leaking member information to the Construction, Forestry, Mining and Energy Union (CFMEU) has been sacked, according to Cbus chief executive David Atkin. Appearing at a hearing for the Royal Commission into ...

Baby boomers in the dark on super: SCT

AAP  |  THURSDAY, 23 OCT 2014
According to the Superannuation Complaints Tribunal there are basically two types of unhappy baby boomers. The first are the ones that are incredibly aware of super. However, the other and bigger group know absolutely nothing about it, according to ...

Retail funds deny relying on passive investment

JAMES FERNYHOUGH  |  THURSDAY, 23 OCT 2014
Three major retail superannuation funds have rejected claims that they are relying on passive investment strategies to keep MySuper product costs down, confirming they have a significant allocation to active managers. Colonial First State head of investment ...

Group insurance consortiums 'inevitable': MetLife

JAMES FERNYHOUGH  |  THURSDAY, 23 OCT 2014
... according to MetLife head of distribution Michael Goodall. Speaking at an even hosted by the Australian Institute of Superannuation Trustees (AIST), Goodall said the concentration risk of big super funds means that individual insurers will be forced ...

PROFILE: Goldman Sachs Asset Management head of fixed income for Asia-Pacific Philip Moffitt

MARK SMITH  |  THURSDAY, 23 OCT 2014
... himself a job as a cadet economist at the Reserve Bank in 1986. The futures market had just been established, the superannuation industry was starting up and the Labor government had recently opened up licencing for foreign banks. "It was just dumb luck ...

AustSuper premium hike sees surprise member response

JAMES FERNYHOUGH  |  WEDNESDAY, 22 OCT 2014
... the surprise effect of triggering more members to dial up their cover. Speaking at the Australian Institute of Superannuation Trustees Insurance Symposium, AustralianSuper product manager, insurance, Richard Weatherhead said this response was "really ...

Energy Super discloses all holdings on website

JAMES FERNYHOUGH  |  WEDNESDAY, 22 OCT 2014
Energy Super has developed an online tool that publicly discloses all of its holdings across all asset classes, including the number of units held and the value of each listed holding. In so doing, the fund is pre-empting mandatory portfolio holdings ...

Active management offers little value: Towers Watson

ALICE URIBE  |  WEDNESDAY, 22 OCT 2014
... to be a focus on really good investment ideas rather than products." He told the audience of asset managers and superannuation fund executives that the average cost of an institutional portfolio was currently around 1%, but questioned how much value ...

AMP creates global infra platform

JAMES FERNYHOUGH  |  TUESDAY, 21 OCT 2014
AMP Capital has created a global infrastructure platform by combining a new Global Infrastructure Fund with its existing Strategic Infrastructure Trust of Europe (SITE). Previously an open-end fund, SITE is now closed-end and will share its US$750 million ...

MySuper fees approaching KiwiSaver best practice

STAFF WRITER  |  TUESDAY, 21 OCT 2014
While there is lots of self flagellation over super fund fees in Australia, Australian fund fees may be closer to best practice than we realise. In a submission to the Financial Systems Inquiry (FSI) by the New Zealand Council of Financial Regulators ...