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

Search Results

Showing 1011 - 1020 of 7840 results for "Open"

APRA leaves door open for benchmark tweaks

KANIKA SOOD  |  WEDNESDAY, 1 SEP 2021
APRA general manager superannuation Katrina Ellis says the regulator is open to finding better benchmarks, especially for unlisted assets, in both its heatmaps and Your Future, Your Super performance test. Speaking at AIST's annual investment conference ...

Fidelity moves into SMAs

ANNABELLE DICKSON  |  WEDNESDAY, 1 SEP 2021
Fidelity International has entered the managed accounts space with the launch of its first separately managed account (SMA) with an actively managed Australian equity model. The SMA is managed by Fidelity Australian Opportunities Fund portfolio manager ...

Greater scrutiny of choice products needed: Scheerlinck

JAMIE WILLIAMSON  |  TUESDAY, 31 AUG 2021
... 40,000 options available. APRA has said it will initially focus on choice options with diverse investment strategies that are open to new members as these are most comparable to MySuper products and represent a large proportion of total assets in the ...

Mergers don't always lead to scale benefits: Barry

ANNABELLE DICKSON  |  TUESDAY, 31 AUG 2021
... "Those conversations are always really difficult and personally taxing. Those conversations need to be had with eyes wide open on that," Barry said. Elsewhere, LGIAsuper chief executive Kate Farrar said Your Future, Your Super (YFYS) can be a tool for ...

New role for Harvey Kalman

ELIZABETH MCARTHUR  |  TUESDAY, 31 AUG 2021
... models are compromised, but because they can't access desired levels of funding at the right cost or terms. They are also open to maximising upside opportunities through seasoned and sector specialist advice and restructuring efforts." In January, Arbitrium ...

Retail funds to benefit from YFYS test changes

KANIKA SOOD  |  FRIDAY, 27 AUG 2021
Retail superannuation funds from AMP, Australian Ethical and Russell Investments will be among the biggest beneficiaries of the last-minute change to administration fee treatment in YFYS performance tests, says Industry Super Australia. The new performance ...

IOOF posts $143.5m loss for FY21

KANIKA SOOD  |  THURSDAY, 26 AUG 2021
... gross margin, which the company attributed to the removal of grandfathered commissions ($6.7 million) and decline in legacy open architecture agreements ($23 million). Earlier in the year, IOOF company announced plans to shed about 140 self-employed ...

Three-month relief proposal gains traction

KARREN VERGARA  |  FRIDAY, 20 AUG 2021
... their last sitting or how many sittings, FASEA said. The November exam will take place from November 11-16 and is currently open for bookings. The November exam makes marks the 14th sitting FASEA has conducted. The next sitting, taking place September ...

APRA issues guidance on lifecycle products for performance test

KANIKA SOOD  |  WEDNESDAY, 18 AUG 2021
APRA has issued guidance on how it will administer the Your Future, Your Super performance test for lifecycle MySuper options that make changes within the option or transition to a new option. The regulator has the power to make determinations on combining ...

Super fund portfolio disclosure consultation reopens

KARREN VERGARA  |  WEDNESDAY, 18 AUG 2021
Senator Jane Hume has opened another consultation on how superannuation funds disclose their portfolio holdings as part of the Your Future, Your Super reforms. This specific piece of the Your Future, Your Super legislation covers how members' holdings ...