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Showing 1051 - 1060 of 3030 results for "EIG"

Mercer, Kogan to launch super fund

JAMIE WILLIAMSON  |  WEDNESDAY, 7 NOV 2018
Mercer is partnering with Kogan to establish one of Australia's cheapest superannuation offerings. Mercer and Kogan have partnered to launch a "new no frills, ultra-low fee" superannuation fund to be named Kogan Super. According to a joint statement ...

Former adviser jailed, ASIC posts FY18 stats

KARREN VERGARA  |  THURSDAY, 1 NOV 2018
A former Professional Investment Services financial adviser has been jailed for dishonesty following an ASIC investigation. The former PIS financial adviser and representative Satvir Singh Birk was sentenced to two-and-a-half years' imprisonment ...

Industry fund appoints former Labor politician

KANIKA SOOD  |  WEDNESDAY, 31 OCT 2018
A $46 billion industry fund has appointed a former federal health minister as an independent chair, starting at the end of the year. Nicola Roxon will take over as HESTA's chair when current chair Angela Emslie steps down at the end of her term ...

Billionaire investor says markets in late cycle but anything possible

KANIKA SOOD  |  TUESDAY, 23 OCT 2018
Oaktree Capital Management cofounder Howard Marks says the current bull market is in a late stage but it could still go "up, sideways or down." Marks's firm has more than US$120 billion in assets under management. He addressed a media briefing in ...

NAB still unclear on true impact of misconduct

KANIKA SOOD  |  FRIDAY, 19 OCT 2018
NAB chief executive Andrew Thorburn failed to give an exact number of clients hit by the bank's misconduct as he fronted the parliamentary inquiry into major banks in Canberra this morning. Thorburn said he expects the total number of customers ...

What 1% in fees could do to investments

KANIKA SOOD  |  FRIDAY, 19 OCT 2018
Advisers paying just 1% more for investments could erode their clients' nest eggs by 26% over 30 years, according to new data modelling from InvestSMART. InvestSMART researchers found stark differences in the outcomes for investors paying different ...

Super funds excel in reporting obligation

KARREN VERGARA  |  TUESDAY, 16 OCT 2018
Nearly all large superannuation funds are fulfilling reporting obligations to a "high standard," the ATO's latest diagnostic reports show. In its fourth year running, the 2017 Risk Differentiation Framework (RDF) report found APRA-regulated funds successfully ...

Advisers gain FASEA credits for existing qualifications

HARRISON WORLEY  |  SUNDAY, 14 OCT 2018
In his maiden speech to the financial advice industry, Assistant Treasurer Stuart Robert has revealed some advisers will receive up to four credit units of recognised prior learning under FASEA's new education requirements. Addressing delegates ...

Aussies second-most optimistic about retirement: SSGA

KANIKA SOOD  |  FRIDAY, 12 OCT 2018
Australians are the second-most optimistic about retirement, according to new SSGA research that compared retirement satisfaction levels across eight countries. SSGA's Global Retirement Reality Report polled 9400 people across Australia, US, UK ...

Cbus invests in UK infrastructure

KANIKA SOOD  |  FRIDAY, 12 OCT 2018
The $47 billion industry fund has taken a direct stake in a UK ports company in which First State Super also holds a share. The investment in Forth Ports is Cbus' first direct offshore investment in infrastructure. It takes Cbus' infrastructure ...