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Showing 10091 - 10100 of 15807 results for "TER"

Aust shares open more than 1pc higher

AAP  |  FRIDAY, 14 JUN 2013
The Australian market has opened stronger, raising hopes of an end to the sharp slide in shares in recent weeks. The ASX 200's one per cent-plus rise at the open follows similar gains on Wall Street overnight, following positive retail and unemployment ...

Fund manager dismisses super fund fee demands

MARK SMITH  |  FRIDAY, 14 JUN 2013
... regulatory pressure, has put a greater focus on fees in recent years. Rainmaker research shows that the total expense ration (TER) for the average workplace fund has fallen from 1.41% in 2008 to 1.38% in 2012. However, over the past 8 years, workplace ...

Rivkin firm launches managed funds

MARK SMITH  |  THURSDAY, 13 JUN 2013
Financial services company Rivkin is expanding its offering to include a suite of managed funds and has appointed James Chirnside as its new investment team chairman to oversee the funds' development. The new suite of products will include an open mandate ...

BDMs facing major changes without industry support

LAURA MILLAN  |  THURSDAY, 13 JUN 2013
Business development managers (BDMs) and practice development managers (PDMs) are facing similar challenges as advisers, but they lack support from the industry, research shows. While the focus of regulatory changes and compliance has been on advisers ...

EQT to take Trust-Perpetual acquisition to ACCC

LAURA MILLAN  |  THURSDAY, 13 JUN 2013
Equity Trustees (EQT) will make a submission to the Australian Competition and Consumer Commission (ACCC) on the implications for the competitive positions of the trustee markets if Perpetual acquires The Trust Company. In a letter to its shareholders ...

Challenger refinances $300m debt facility

LAURA MILLAN  |  WEDNESDAY, 12 JUN 2013
Challenger Diversified Property Group (CDI) has refinanced $300 million of its debt facility. The total debt facility of $300 million remains unchanged after the refinancing, but Challenger has increased the weighted average term of the debt from 1 ...

Direct insurance sales grow on consumer confidence

MARK SMITH  |  WEDNESDAY, 12 JUN 2013
Australia's direct life insurance market has shown significant growth over the last year at the expense of the traditional advice sales channel, according to Rice Warner. Rice Warner's latest Direct Life Insurance Market Report showed direct insurance ...

Study finds dark pools damage market quality

MARK SMITH  |  WEDNESDAY, 12 JUN 2013
Dark pools are damaging overall price discovery and market quality in the US, according to new research by Capital Markets Cooperative Research Centre (CMCRC). Researchers from the Australian independent academic centre for capital market research looked ...

CareSuper awards $65m mandate to Neuberger Berman

MARK SMITH  |  TUESDAY, 11 JUN 2013
CareSuper has awarded Neuberger Berman a $65 million emerging markets equities mandate. CareSuper general manager of investments Greg Nolan praised Neuberger Berman's investment team and approach, saying they were key reasons for awarding the mandate. ...

Employed advisers could face $200k liability under FoFA

JAMES FERNYHOUGH  |  TUESDAY, 11 JUN 2013
Employed financial advisers will be personally liable for serious breaches of the Best Interests Duty if they are authorised representatives (ARs), according to Charmian Holmes, solicitor director at The Fold Legal (the Fold). Once the Future of Financial ...