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Showing 10841 - 10850 of 21783 results for "Dec"

Super funds on track to post positive return this year

MARK SMITH  |  FRIDAY, 1 JUL 2016
The average default option for workplace super has returned an estimated 2.5% in the 2015/16 financial year, according to the analysis by Rainmaker. The headline performance number for the SelectingSuper Default Option Index includes a forecast drop ...

ASIC drops Macquarie AFSL conditions

KERRIE SYDEE  |  FRIDAY, 1 JUL 2016
ASIC has removed the additional conditions placed on Macquarie Bank's Australian financial service licence (AFSL) following KPMG's review of the company. KPMG was engaged by Macquarie in April 2016 to undertake an external expert review of the effectiveness ...

Time to review MySuper effectiveness

DARREN SNYDER  |  FRIDAY, 1 JUL 2016
A superannuation advisory group says now is an opportune time for funds and members to review MySuper offerings and question whether it's the solution they were looking for. One of superannuation's largest reforms, the transition of default members ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 1 JUL 2016
Australia private sector credit The latest update on Australia's private sector credit provides a first look at the impact of the Reserve Bank of Australia's (RBA) cut in the official cash rate from 2.0% to 1.75% on the 3rd of May. Total private sector ...

SMSFA appoints corporate development GM

ALEX BURKE  |  THURSDAY, 30 JUN 2016
The SMSF Association has appointed a new general manager, corporate development. Craig Jameson was previously managing director at Super Concepts, before becoming director business operations at AMP SMSF. SuperConcepts was bought by SuperIQ in 2013 ...

Asset manager launches quant platform after acquisition

DARREN SNYDER  |  THURSDAY, 30 JUN 2016
A global asset manager is leveraging an acquisition of a UK-based firm to launch its new long-only and alternatives quantitative investing platform, as well as diversify its active management capabilities. GAM is buying Cantab Capital Partners with ...

Improvements in ESG leadership: ACSI

DARREN SNYDER  |  THURSDAY, 30 JUN 2016
Seventy-one cents in every dollar invested in the ASX200 belongs to companies demonstrating "leading" standards when it comes to environmental, social and governance reporting. This is one of several key findings by the Australian Council of Superannuation ...

Decimal appointment strengthens compliance

KERRIE SYDEE  |  THURSDAY, 30 JUN 2016
Decimal Software (Decimal) has established an advisory board, appointing its first member. Promontory Financial Group adviser Glenn Mescher will join the advisory board, bringing expertise in risk management, governance and technology. Mescher has over ...

Admin, compliance restricting business growth

KERRIE SYDEE  |  THURSDAY, 30 JUN 2016
Advisers are spending more than 30 hours a week on client related admin and only 9 hours per week in face-to-face client meetings, according new research from Perpetual. The research, which included 200 financial advisers and assessed how advisers are ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 30 JUN 2016
Australia new home sales The Housing Industry Association reported that sales of new homes fell by 4.4% to 7,278 units in the month of May following a 4.7% decline in the previous month. Sales of detached homes continued to contract - down by 6.7% in ...