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Showing 10761 - 10770 of 28277 results for "NOT"

APRA tells super funds to improve conflict of interest management

HARRISON WORLEY  |  WEDNESDAY, 30 MAY 2018
APRA's review of related party arrangements for Registrable Superannuation Entity (RSE) licensees and its recommendations were recently released. Chief among the prudential regulator's recommendations was a call for greater focus by superannuation licensees ...

Industry stakeholders welcome PC report

JAMIE WILLIAMSON  |  WEDNESDAY, 30 MAY 2018
... agreements and modern awards is also contributing to poor outcomes. "They note that this has worked in favour of the funds, not consumers. The PC's overarching recommendation, to take the decision for allocating the $17.5 billion in annual default funds ...

Aussie retail crypto fund flags broker partnership

ALEX BURKE  |  WEDNESDAY, 30 MAY 2018
... that it is uncorrelated to a lot of asset classes right now. You may see some macro pattern emerging at times, but we would not say there's a direct correlation at all," he said.

WAM CIO steps down from LIC board

ALEX BURKE  |  WEDNESDAY, 30 MAY 2018
The chief investment officer at Wilson Asset Management is stepping down from his role as a non-executive director of a WAM-managed listed investment company. Chris Stott retired from the board of Century Australia Investments, which invests in the ...

Investa mulls Blackstone deal, possible insto partnership

JAMIE WILLIAMSON  |  WEDNESDAY, 30 MAY 2018
... proceed," the statement said. IWFM said if the partnership comes to fruition, the day-to-day operations of the platform would not be impacted nor would ILFM's ability to pursue Blackstone's proposal. Investa said it is in the final stages of ...

Productivity Commission addresses superannuation lottery

DARREN SNYDER  |  TUESDAY, 29 MAY 2018
... choice and the Commission has developed a model which it believes supports a simple choice environment "where members who do not choose end up in good defaults, and those who do exercise choice are able to do simply and safely." First and foremost, the ...

Asset manager welcomes new hires

JAMIE WILLIAMSON  |  TUESDAY, 29 MAY 2018
... relationships in the wholesale market. "Scott brings a great deal of experience to our team and he will play a crucial role in, not only working with key client groups but also assisting in the build out of our strategy and of what will almost certainly ...

Parametric wins $60m global equities mandate

ALEX BURKE  |  TUESDAY, 29 MAY 2018
Parametric won a $60 million mandate for its tax-managed indexing (TMI) strategy from an $8.5 billion super fund. Australian Catholic Superannuation and Retirement Fund (ACSRF) previously awarded Parametric an after-tax passive global equities mandate ...

Royal Commission backlash continues for banks: Research

JAMIE WILLIAMSON  |  TUESDAY, 29 MAY 2018
... provider, with a further 17% saying they are considering changing. However, the majority (58%) stated the Royal Commission has not caused them to consider changing their banking institution. Of that number, 46% were indifferent to switching, saying the ...

Chief economist update: Should have sold in May and gone away

BENJAMIN ONG  |  TUESDAY, 29 MAY 2018
... adage didn't apply. Apart from the uptrend generating its own upwards momentum, Australian domestic fundamentals, while not strong, are decent enough to push corporate profits higher. This is underscored by the NAB business survey released in early ...