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Showing 9431 - 9440 of 18128 results for "superannuation"

SPAA rejects compulsory annuitisation

LAURA MILLAN  |  THURSDAY, 28 AUG 2014
... stages of retirement." SPAA acknowledged that there is scope for further development of the retirement phase of superannuation. It said that "improving the quality and provision of financial advice regarding retirement income outcomes would strengthen ...

IFM warns against foreign ownership of infrastructure

JAMES FERNYHOUGH  |  THURSDAY, 28 AUG 2014
The liquidity requirements of Australian superannuation funds will discourage them from investing in Australian infrastructure, meaning more assets will be bought by foreign investors, IFM Investors has warned. In its submission to the Financial System ...

Select chair to become OneVue deputy CEO

ALICE URIBE  |  THURSDAY, 28 AUG 2014
... 43% of total revenue. Platform Services, which offers online reporting and transaction capabilities across the superannuation sector, completed the acquisitions of MAP and SMSF Managers in February and May 2014, respectively. These boosted the revenue ...

FoFA legislative changes pass in the House of Reps

LAURA MILLAN  |  THURSDAY, 28 AUG 2014
... allowing more low-income people-people, for instance, in small micro businesses who do not have anyone paying them any superannuation whatsoever-to contemplate an appropriate asset mix for their future." Labor MP Bernie Ripoll, who outlined the first ...

Consumers overwhelmingly positive about super

JAMES FERNYHOUGH  |  THURSDAY, 28 AUG 2014
Positive consumer sentiment towards superannuation has increased in most areas over the last year, according to the Superannuation Sentiment Index 2014, conducted jointly by ING Direct and the Financial Services Council (FSC). Sixty-one per cent of ...

Annuities not right for default pensions: Rice Warner

JAMES FERNYHOUGH  |  WEDNESDAY, 27 AUG 2014
Life annuities are not appropriate for default pension products as they lock members' money away, according to Rice Warner chief executive Michael Rice. Rice Warner has devised a default pension product based solely on an account-based pension model. ...

AustralianSuper names new deputy chair

JAMES FERNYHOUGH  |  WEDNESDAY, 27 AUG 2014
... great contributor to the board over the past seven years and his input will be crucial in the coming years as the superannuation sector continues to grow and serve its members' needs." "Serving on the board of Australia's largest superannuation fund ...

Give MySuper time to work, says AIST

JAMES FERNYHOUGH  |  WEDNESDAY, 27 AUG 2014
... given time to work before the government considers any further changes to the system, the Australian Institute of Superannuation Trustees (AIST) has said. In its submission in response to the Financial System Inquiry (FSI) interim report, AIST said wholesale ...

PROFILE: ME Bank CEO Jamie McPhee

JAMES FERNYHOUGH  |  WEDNESDAY, 27 AUG 2014
Adelaide boy Jamie McPhee never worked a day in the profession for which he trained: civil engineering. Instead, on leaving university he headed straight to England to pursue a cricketing career in the Birmingham League. The highlight of his cricketing ...

ASFA asks FSI for clear targets to measure super success

MARK SMITH  |  WEDNESDAY, 27 AUG 2014
The Association of Superannuation Funds of Australia (ASFA) has called on the Murray Inquiry to set clear objectives against which the success of superannuation's role in reducing the Age Pension burden on public coffers can be measured. In its latest ...