Search ResultsShowing 1 - 10 of 100+ results for Karren Vergara
Boutique hires distribution lead from AMP Capital
KARREN VERGARA  |  FRIDAY, 24 MAY 2019
A boutique Australian equity fund manager has hired a former AMP Capital executive as its investment director to oversee its distribution efforts. Ophir Asset Management recruited George Chirakis as investment director to replace Rob Saunders, who ...
Rising costs outpace retiree savings
KARREN VERGARA  |  FRIDAY, 24 MAY 2019
The savings of retirees can't keep up with the skyrocketing costs of goods and services, a retirement index shows. The Association of Superannuation Funds of Australia's Retirement Standard for the March quarter estimates retired couples ...
Clients demand multiple advisers: Report
KARREN VERGARA  |  THURSDAY, 23 MAY 2019
Financial advisers can expect to lose clients as they search for more flexible solutions and value in their relationships. This is according to a new wealth management report from EY, which examines why Australians are not leaving their financial ...
Material weakness in super funds, insurers exposed
KARREN VERGARA  |  THURSDAY, 23 MAY 2019
The numerous weaknesses exposed in APRA's prudential inquiry into the Commonwealth Bank are apparent among life insurers and superannuation funds. The prudential regulator wrote to 36 insurers, super funds and ADIs last June off the back of its ...
Credit fund launches to wholesale investors
KARREN VERGARA  |  WEDNESDAY, 22 MAY 2019
A new credit fund has opened to wholesale investors and will soon launch on the ASX. The Moelis Australia Fixed Income Fund targets the RBA cash rate return plus 4% per annum or 5.5%. The fund invests in diversified credit, including inventory ...
Members ignorant about super fund differences: Research
KARREN VERGARA  |  WEDNESDAY, 22 MAY 2019
Many superannuation fund members that don't understand the difference between retail and industry funds highlights the need for education and comparison tools, a new survey finds. The research from Australian Institute of Superannuation Trustees ...
MLC Life wins group insurance mandate
KARREN VERGARA  |  WEDNESDAY, 22 MAY 2019
MLC Life Insurance has won a group insurance mandate from a $6 billion superannuation fund. It will replace AIA Australia. Maritime Super members will be covered for death, TPD and income protection insurance under a new agreement with MLC Life ...
Spaceship searches for new chief
KARREN VERGARA  |  TUESDAY, 21 MAY 2019
Startup superannuation fund Spaceship is shaking up its management structure and is on the hunt for a new chief. Chief executive and co-founder Paul Bennetts will become chief product officer, a new role that was created as part of the super ...
Financial advice valued beyond returns
KARREN VERGARA  |  TUESDAY, 21 MAY 2019
Investors who sought the help of a financial adviser will likely have more peace of mind about their financial security and quality of life, latest research shows. Australian Unity's bi-annual LifePlan Financial Advice Satisfaction Index, compiled ...
Australians demand unpaid super laws: Poll
KARREN VERGARA  |  MONDAY, 20 MAY 2019
A new survey conducted by Industry Super Australia reveals political parties are not doing enough to tackle unpaid superannuation and that legislation is the only solution to an ongoing problem. An overwhelming majority of participants (89%) want a ...
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