New super fund targets millennialsBY ELIZABETH MCARTHUR | TUESDAY, 21 JAN 2020 12:27PM
A newly launched sub-plan of Aracon Super has officially launched, marketed to millennials with a PDS revealing relatively high fees, expensive insurance and big ambitions.Read more: Aracon Super, Elevate Super, J.P. Morgan, MySuper, Alphinity, Aracon Superannuation, Arowana International, AtlasTrend, Atrium Investment Management, Hannover Re, Jade Ong, Jason Ross, Kent Kwan, Kevin Hua, Macquarie Group, Nanuk Asset Management
An activist short seller that accused an ASX-listed agricultural fund of running "scams" was dealt a blow in a Supreme Court judgment handed down yesterday.
The $55 billion industry fund is hiking the cost of its standard insurance cover for most of its members, with those aged 55 to 64 years to be the worst hit.
A former Macquarie Group financial adviser has been permanently banned from the industry, following an ASIC investigation into the adviser's "dishonest" and "misleading" behaviour.
It's the end of the road for a BT multi-asset fund managed by Pendal after 52 years, as investor demand ebbs out.
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