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Showing 9651 - 9660 of 19601 results for "RIS"

MyPension product to solve retirement income hurdle

LAURA MILLAN  |  THURSDAY, 3 SEP 2015
Superannuation industry heavyweights have collectively called for a MySuper-like product to simplify retirement income for retirees. "There are $430 billion worth of superannuation savings sitting in [MySuper] products where pretty much everything is ...

Perpetual wins RE mandate with seven funds

STAFF WRITER  |  THURSDAY, 3 SEP 2015
Perpetual Corporate Trust has been appointed to provide responsible entity services for seven funds. In the past three months, Perpetual has won mandates with Dalton Nicol Reid's Australian Equities High Conviction Fund, Aviva Investors' Multi-Strategy ...

Sigma wins industry fund equities mandate

LAURA MILLAN  |  THURSDAY, 3 SEP 2015
Boutique firm Sigma Funds Management has won an Australian equities mandate from a Sydney-based industry superannuation fund. The mandate goes to Sigma's Select strategy, a high conviction broad cap value strategy that has outperformed the S&P/ASX300 ...

Investing is like a game of tennis

DARREN SNYDER  |  THURSDAY, 3 SEP 2015
The days of CPI plus 5% investment returns for superannuation funds are gone for the foreseeable future according to a United Kingdom based researcher. Speaking at the Australian Institute of Superannuation Trustees (AIST) conference yesterday, CREATE-Research ...

Lead us not into a recession

BENJAMIN ONG  |  THURSDAY, 3 SEP 2015
Oh-em-gee! Australia, for sure and for certain, is in trouble now. Economic growth has slowed to a crawl - a mere 0.2% in the second quarter - and that 2.5% below-trend growth in the first quarter we've all been moaning about has fallen below-er trend ...

FSC, FPA support ASIC user-pay model

ALEX BURKE  |  WEDNESDAY, 2 SEP 2015
Both the Financial Services Council and Financial Planning Association of Australia have voiced their support for an industry funding model for ASIC. On August 28, Assistant Treasurer Josh Frydenberg welcomed industry consultation on the proposal while ...

Super doing its job: Actuaries Institute

MARK SMITH  |  WEDNESDAY, 2 SEP 2015
The superannuation system is doing its job, a newly published white paper from the Actuaries Institute has concluded, but Financial System Inquiry chair David Murray argues it must be removed from political intervention. The new paper, 'For Richer or ...

Cash is king at the Future Fund

LAURA MILLAN  |  WEDNESDAY, 2 SEP 2015
The Future Fund has reported a 15.4% return for the year to 30 June 2015 and has dramatically increased its cash exposure to 19.5% as it expects higher volatility and lower global growth. The fund's cash exposure has increased from 11.2% to 19.5% in ...

REST appoints exec from SSFS

LAURA MILLAN  |  WEDNESDAY, 2 SEP 2015
REST has appointed a chief risk officer who was previously a risk manager at State Super Financial Services (SSFS). Phil Budge joined REST in June 2015 and is responsible for the fund's risk management framework. At the same time, he provides independent ...

August angst to September mourn

BENJAMIN ONG  |  WEDNESDAY, 2 SEP 2015
For a while there last week, it seemed the financial market storm has come and gone... and it was safe to go back into the risk waters. Financial markets are again in upheaval and fear is once more on the rise - the VIX index spiked 10.5% overnight ...