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

Search Results

Showing 9671 - 9680 of 18128 results for "superannuation"

Higher pension age to drive increase in early super releases

ALEX DUNNIN  |  WEDNESDAY, 7 MAY 2014
... result, lifting the pension age is expected to be accompanied by more policy flexibility around early access to superannuation or possibly even differential pension arrangements notwithstanding pension eligibility changes will need to be designed to ...

Super to engender securitisation 'rebirth': Brogden

JAMES FERNYHOUGH  |  TUESDAY, 6 MAY 2014
The superannuation system could use its huge and ever-growing pool of capital to become a mortgage lender in partnership with the banks, according to Financial Services Council chief executive John Brogden. Speaking at the Actuaries Institute's Financial ...

The Infrastructure Fund looking to add to Port of Newcastle purchase

MARK SMITH  |  TUESDAY, 6 MAY 2014
... returns that will boost the retirement savings of working Australians. TIF was formed in 1997 by a group of industry superannuation funds to invest in infrastructure. It has returned more than 16% per annum to unitholders during the past 10 years. Unitholders ...

Citi wins custody of Norway's Oil Fund

JAMES FERNYHOUGH  |  TUESDAY, 6 MAY 2014
Citi has replaced JP Morgan as custodian to Norges Bank Investment Management (NBIM), the body that manages Norway's $850 billion Government Pension Fund Global. Colloquially known as 'the Oil Fund', according to Towers Watson it is the second largest ...

LUCRF divests $5 million of cluster munition and tobacco

LAURA MILLAN  |  TUESDAY, 6 MAY 2014
LUCRF Super has approved the negative screening and divestment of cluster munition manufacturers and tobacco companies from its investment portfolios. The fund said that it held $4.5 million in cluster munition stocks and $522,000 in tobacco as of January ...

'Choice' dashboard, portfolio disclosure delayed to 2015

ALEX DUNNIN  |  TUESDAY, 6 MAY 2014
... industry concerns that the choice product dashboard is much more complex than initially anticipated, reinforced by the superannuation regulator the Australian Prudential Regulation Authority (APRA) in March this year announcing it will delay introduction ...

New entrants drive growth in global equities sector

STAFF WRITER  |  MONDAY, 5 MAY 2014
... story," Fernandes said. "The large asset pool (A$1.8 trillion as at December 2013[1]) and mandated growth through the superannuation guarantee scheme make Australia a particularly attractive market for offshore manufacturers." Fernandez said that a strong ...

CommInsure launches tailored SMSF insurance product

JAMES FERNYHOUGH  |  MONDAY, 5 MAY 2014
CommInsure will launch a life insurance product tailored to members of self-managed superannuation funds (SMSFs) next week. The product is an enhanced version of its Total Care Plan Super product, updated to meet the new requirements in the Superannuation ...

Custodians fight hard for big super deals

JAMES FERNYHOUGH  |  MONDAY, 5 MAY 2014
Custodians are fiercely competing to win the business of Australia's largest superannuation funds, with some trading in short-term commercial gain in exchange for strategic long-term deals. One method of doing this is by offering so-called 'fee holidays' ...

Super on track for double-digit year

ALEX DUNNIN  |  MONDAY, 5 MAY 2014
The SelectingSuper Workplace rolling 12 month default option index dampened slightly during March to return 12.6%, pointing to 2013-14 being on-track to be another double-digit performance year. The March 12 month performance figure is, however, down ...