How are the people responsible for ensuring accurate and timely measurement of financial performance and compliance obligations coping with new APRA requirements? A group of chief financial officers, their advisers and service providers met to discuss the issues. A pdf copy of the discussion “All funds agree that there needs to be more information delivered […]
David RowleyFebruary 4, 2014
AustralianSuper has declared bullish growth projections for its direct investment option (DIO) from 12,500 to 50,000 members as its retirement membership grows. The platform, which gives members the freedom of a self-managed super fund in an insured setting, currently manages $700 million for 12,500 members, who hold a further $900 million with the main fund. […]
David RowleySeptember 6, 2013
At 18 years of age Jeremy Norton left his private school rugby mates and went to London. In 1998 he picked up his swag again and went to New York to trade U.S. Treasuries for Fuji Bank. But this year Norton returned home as the managing principal of a company eager to be the “toll […]
I & T NewsFebruary 6, 2012
An MSCI global asset owners survey, covering more than $US 5.5 trillion in assets under management, shows Australian funds have substantially higher external management than other funds around the world, and more allocated to equities.
I & T NewsOctober 11, 2011
Bill Shorten says his proposed changes to superannuation will increase retirement savings by about $40,000, for a 30-year old worker earning average full-time wages.
I & T NewsSeptember 21, 2011
Fund management companies and advisers are too internally focused and need to embrace new technology, says Peter Maher, group head of banking and financial services at Macquarie Bank Ltd.
I & T NewsAugust 9, 2011
Since compulsory superannuation was introduced in the early 1990s, the focus of financial planners has been on strategies to maximise contributions and accumulation; and the focus of product manufacturers has been on products to cater to those strategies. But as an increasing number of super fund members move from the accumulation phase of their financial […]
Staff WriterNovember 2, 2009