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Showing 11011 - 11020 of 22811 results for "Funds"

LGS adds 15 ETFs to member-direct option

ALEX BURKE  |  TUESDAY, 2 FEB 2016
Local Government Super has expanded its member-direct investment facility with 15 new exchange-traded funds. This brings the number of available ETFs to 28. Currently LGS uses ETFs from BetaShares, ETFS Metal Securities Australia, iShares, Market Vectors ...

AZ NGA acquires second RI Advice practice

ALEX BURKE  |  TUESDAY, 2 FEB 2016
... acquisition is Empowered Financial Partners, established in 1994 as Williamstown Financial Services and manages $134 million in funds under advice. It focuses on asset allocation, retirement planning, insurance, strategic advice and financial literacy ...

Treasury revises cost of super tax concessions

DARREN SNYDER  |  TUESDAY, 2 FEB 2016
... billion for 2015-16. This is down from a previous estimate of $33.5 billion last year. The Association of Superannuation Funds of Australia (ASFA) said the use of a revised methodology by Treasury has led to an improvement in the accuracy of TES forecasts ...

Pensioners want DB decision reversed

DARREN SNYDER  |  TUESDAY, 2 FEB 2016
... unintended consequence is a stuff-up." CPSA has been contacted by "many" defined benefit pensioners who also didn't have the funds to top up their defined benefit super but "paid modest contributions at personal sacrifice at the time in the belief that ...

OneVue appoints fund services head from J.P. Morgan

ALEX BURKE  |  MONDAY, 1 FEB 2016
... that Richard has worked for over 25 years, locally and globally, and he will contribute significantly not only to OneVue's Funds Services business but to the Group as a whole. He will be measured however on the continuing and disciplined growth of Fund ...

Lonsec portfolios added to Macquarie and HUB24 platforms

ALEX BURKE  |  MONDAY, 1 FEB 2016
... Elite (Conservative, Balanced and Growth). Using Lonsec's wealth of investment research, the portfolios invest in managed funds, listed securities and alternative assets. "In a post FoFA environment advisers and licencees are challenged to find more ...

Members should vote for super fund directors

DARREN SNYDER  |  MONDAY, 1 FEB 2016
The Governance Institute of Australia is proposing superannuation members at not-for-profit funds be given the right to vote for trustee directors as a solution to the governance debate. Governance Institute of Australia chief executive Steve Burrell ...

Martin Currie argues for multi-assets in retirement

DARREN SNYDER  |  MONDAY, 1 FEB 2016
... believe that it makes sense that the assets you invest in match that risk," a Martin Currie statement said. "Typical balanced funds in the market today are focused purely on total returns, but we believe that a better solution lies in a multi-asset portfolio ...

Hastings names new UTA portfolio managers

DARREN SNYDER  |  MONDAY, 1 FEB 2016
Westpac subsidiary Hastings Funds Management has appointed two new portfolio managers to the group's largest fund, Utilities Trust of Australia (UTA). Joining Hastings from Flagstaff Partners is Brett Mitsch, who will now be the lead portfolio manager ...

Investors can expect "reasonable" year despite gloom

MARK SMITH  |  FRIDAY, 29 JAN 2016
... discrepancy would likely lead to opportunities for opportunistic investors. Addressing advisers' concerns about placing client funds in bonds amid the chances for a price correction, Bovingdon said fear of negative returns were largely overstated. "We ...