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| | | ... first time and confirmed that investors are still reluctant to embrace it, with only $8.4 million transacted in October. Funds under management were $67.9 million across 125 funds at the end of October and investors conducted 448 transactions totaling ... |
| | | | ... ambiguous and prescriptive definition of "independence" contained in the bill. If passed, the bill will require all super funds regulated by the Australian Prudential Regulation Authority (APRA) to have at least one third independent directors, and appoint ... |
| | | | ... platform, recently taken up by Vision Super. Financial Synergy added two million member accounts and an extra $150 billion of funds under management across its core administration system. "We are excited to confirm big data is now a part of our offering ... |
| | | | BT has added managed funds by Evans and Partners, UBS Asset Management, Antares and Hyperion to its Panorama platform. Managed funds were launched on Panorama in September, joining cash, term deposits and managed portfolios. The addition of the four ... |
| | | | ... of their retirement system. According to figures released by the Investment Company Institute (ICI), lifecycle investment funds, referred to under the broader category of 'target date' mutual funds', amounted to US$761 billion at end June 2015, up 12% ... |
| | | | ... client money was paid into Colisa's bank account" and "misled Ballast and specified clients into believing the clients' funds were placed in particular investments, when in fact, she had not done so." In July 2014, the Federal Court in Perth made interim ... |
| | | | ... released today and something that ME Bank has already encompassed in its strategy. A mutual owned by industry superannuation funds, ME has been using start-up RISKflo to help executives have a clearer view of risk management and prevention. ME general ... |
| | | | ... the Senate tomorrow. If passed the bill will require all Australian Prudential Regulation Authority (APRA) regulated super funds to have a minimum of one third independent directors on their respective boards. The proposal has received mixed industry ... |
| | | | As the transition to MySuper continues, lifecycle funds are becoming a popular default investment option. Darren Snyder explores this evolving market. Earlier this year a joint paper by AustralianSuper and the Australian Institute of Superannuation ... |
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