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Showing 10751 - 10760 of 22811 results for "Funds"

Government acts on income streams review

DARREN SNYDER  |  WEDNESDAY, 4 MAY 2016
... benefit older Australians in many years." The new rules will permit a range of options to suit retirees and superannuation funds with DLAs able to be bought pre-retirement, on retirement or post-retirement, with either single or multiple premiums. Challenger ...

Advisers encouraged to review changes carefully

KERRIE SYDEE  |  WEDNESDAY, 4 MAY 2016
... if clients will have access to this information, meaning that clients may need to directly contact their superannuation funds to verify their past contributions. A reduction of the concessional contribution cap from $30,000 to $25,000, regardless of ...

Super investment pros make top 40

DARREN SNYDER  |  WEDNESDAY, 4 MAY 2016
... Magazine named its annual 40 Under Forty list, and Australia was represented by three professionals from industry super funds. Making the list were Cbus investment manager public markets, Brett Chatfield; HESTA general manager listed assets, James Harman ...

Budget CIV plan lets Australia export investment expertise

ALEX BURKE  |  TUESDAY, 3 MAY 2016
... 2016-17 budget that it will introduce new tax and regulatory frameworks to further facilitate foreign access to Australian funds management services. The two new collective investment vehicles (CIVs) introduced in the budget will allow foreign investors ...

ANZ retains FUM during major wealth restructure

ALEX BURKE  |  TUESDAY, 3 MAY 2016
ANZ has announced its 1H2016 results, revealing it has kept ANZ Wealth funds under management stable amidst a major multi-divisional restructure that has so far cost the bank $138 million. On average, funds under management throughout the first half ...

AZ NGA signs twelfth firm

KERRIE SYDEE  |  TUESDAY, 3 MAY 2016
... Planners is member of the Fortnum financial advisory network and are responsible for approximately $210 million of client funds, comprising a team of seven, including three financial planners. The agreement includes a share swap of 49% of Sterling Planners' ...

MyState appoints former Virgin Money chief executive

DARREN SNYDER  |  TUESDAY, 3 MAY 2016
... Commonwealth Bank, including six years as chief executive of Colonial First State, which at the time had $70 billion in funds under management. During this time he was also a director and deputy chairman of the Financial Services Council. Earlier, he ...

Centrepoint appoints former HUB24 director

DARREN SNYDER  |  TUESDAY, 3 MAY 2016
... public company directorships. He recently resigned from HUB24 after about five years and saw it grow from $200 million in funds under administration to more than $2 billion. Robertson was also a director of insurance broking group OAMPS and is currently ...

Acorns app enters superannuation sector

ALEX BURKE  |  MONDAY, 2 MAY 2016
... and innovative way for members to increase their retirement savings. "We will be approaching a select group of industry funds with a younger demographic who are more amenable to using technological advances."

Potential budget super alterations welcome

DARREN SNYDER  |  MONDAY, 2 MAY 2016
... Understandably several super industry representative groups welcomed the Senate report. The Association of Superannuation Funds of Australia (ASFA) urged the federal government to "commence implementation of at least some of these measures as part of ...