Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 9471 - 9480 of 18128 results for "superannuation"

Lump sum rules 'utterly unsustainable': Sherry

JAMES FERNYHOUGH  |  THURSDAY, 7 AUG 2014
Former minister for superannuation Nick Sherry has branded as "utterly unsustainable" the rule allowing Australian retirees to withdraw their superannuation as a lump sum. Speaking in the opening session of the Financial Services Council conference ...

FSC Conference: Follow the biopsychosocial model, life companies told

JAMES FERNYHOUGH  |  WEDNESDAY, 6 AUG 2014
... patient." The conversation then covered ways in which life companies can better engage with employers, doctors and superannuation funds to provide a more comprehensive assessment of their existing and potential policy holders. The life insurance industry ...

Australian Ethical appoints portfolio manager

LAURA MILLAN  |  WEDNESDAY, 6 AUG 2014
... concentrating on managing the team and the overall investment process for managed funds and Australian Ethical's superannuation fund. "I am delighted to move Mason up to full control of the Larger Companies Trust," Macri said. "I have no doubt he has ...

BRUMBIE: Walk quietly but carry a big stick

ALEX DUNNIN  |  WEDNESDAY, 6 AUG 2014
It's now a few weeks since Financial System Inquiry (FSI) chief David Murray handed down his interim report and already sectional advance troops have been spooked into defending their status quo. But rather than squabble over details, like is always ...

AustralianSuper, HOSTPLUS launch own-brand debit cards

JAMES FERNYHOUGH  |  TUESDAY, 5 AUG 2014
Industry superannuation giants AustralianSuper and HOSTPLUS are offering members branded debit cards in association with the bank they collectively own, ME Bank. Members of the two funds can sign up to receive a debit card branded with the super fund's ...

Mercer launches its own MDI

JAMES FERNYHOUGH  |  TUESDAY, 5 AUG 2014
Mercer has launched a direct investment option, giving members direct access to shares, exchange traded funds, and term deposits. Dubbed 'Mercer Direct', the option is open to Mercer Super Trust members. Members must transfer super into a special account ...

NGS launches income-focused retirement product

JAMES FERNYHOUGH  |  TUESDAY, 5 AUG 2014
NGS Super has launched a new retirement income product which balances "a combination of capital growth and income return." The new product, called the 'Income Generator', has a growth-to-defensive asset allocation ratio of 56% to 44%. It aims to achieve ...

Submissions open for SuperStream pass through amendments

JAMES FERNYHOUGH  |  MONDAY, 4 AUG 2014
The Federal Government has released an exposure draft proposing to amend the Superannuation Industry (Supervision) (SIS) Act to require default superannuation funds to process all default contributions. The amendments would mean that employers would ...

Future Fund posts 13.9 pct return

STAFF WRITER WITH AAP  |  MONDAY, 4 AUG 2014
The Future Fund, the sovereign fund set up to pay future commonwealth public servant superannuation liabilities has topped $100 billion and declared its long term investment returns. The Future Fund's provisional results for the 2013-14 financial year ...

Super posts 12.7 pct for FY2014

STAFF WRITER  |  MONDAY, 4 AUG 2014
SelectingSuper has just released its 2013-14 super fund performance tables revealing that funds have had another strong year delivering an average 12.7% while CFS FirstChoice was the top performing Workplace fund. Reinforcing the strong performance ...