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Showing 9491 - 9500 of 18128 results for "superannuation"

Abetz backed FSC in case against FWC, Federal Court reveals

JAMES FERNYHOUGH  |  MONDAY, 28 JUL 2014
... Employment Minister Eric Abetz in its Federal Court case against the constitution of the Fair Work Commission's superannuation expert panel, it has emerged. On Friday the Federal Court published the reasons for its judgment that the Fair Work Commission ...

BT makes key distribution role appointment

LAURA MILLAN  |  MONDAY, 28 JUL 2014
... Storniolo has also held executive management roles and specialised in product development and management across superannuation, managed investments, retirement incomes and group insurance with the Commonwealth Bank of Australia and Macquarie Bank. An ...

Passive FUM reaches all-time high

MARK SMITH  |  MONDAY, 28 JUL 2014
... Financial System Inquiry's interim report which raised concerns about the prevalence of active management approaches in superannuation. "According to the Grattan Institute, active management of superannuation assets increases costs but not after-fee ...

UniSuper buys big into Westfield despite restructure war

JAMES FERNYHOUGH  |  FRIDAY, 25 JUL 2014
UniSuper has become one of the major holders of Westfield's new listed company Scentre, despite its high profile opposition to the restructure last month. The $40 billion fund's chief investment officer John Pearce, who very publicly opposed the restructure ...

FSC report warns of default super 'turmoil'

JAMES FERNYHOUGH  |  THURSDAY, 24 JUL 2014
The Fair Work Commission (FWC) review of default superannuation will cost $400 million and throw the superannuation of 2.25 million Australians into "turmoil", the Financial Services Council (FSC) has claimed. The FSC's claims come on the back of a ...

AustralianSuper awards residential property mandates

JAMES FERNYHOUGH  |  THURSDAY, 24 JUL 2014
AustralianSuper plans to increase its holdings in direct Australian residential property in a new deal with property managers QIC and ISPT. There was no dollar figure attached to the 'mandate' - rather, QIC and ISPT will look for investment opportunities ...

ASIC obtains court orders against former Ballast adviser

LAURA MILLAN  |  THURSDAY, 24 JUL 2014
... orders as part of its investigation into the adviser's use of investor funds, which were largely from self-managed superannuation funds (SMSF). ASIC is not investigating the conduct of Ballast itself, but its former authorised representative will not ...

Investors vulnerable as property schemes shirk risk disclosure

JAMES FERNYHOUGH  |  WEDNESDAY, 23 JUL 2014
... disclosure was 'disappointing'. "The results are disappointing especially when, at a time in the rise of self-managed superannuation funds, many Australians are looking to invest in real estate. Property schemes have become popular investment vehicles ...

Banks will struggle to profit from super: Sunsuper CEO

JAMES FERNYHOUGH  |  WEDNESDAY, 23 JUL 2014
Banks are going to find it increasingly difficult to make money out of superannuation as the downward pressure on fees continues, according to Sunsuper chief executive Scott Hartley. Hartley said MySuper and increasing transparency - as well as scrutiny ...

Former Macquarie exec resurfaces at BT

JAMES FERNYHOUGH  |  WEDNESDAY, 23 JUL 2014
... marketing Chris Clayton, Mouat will be responsible for marketing and servicing institutional clients including superannuation funds, sovereign wealth funds and insurance companies. Prior to taking a sabbatical in May last year, Mouat was at Macquarie ...