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Showing 11351 - 11360 of 22816 results for "Funds"

New laws define inactive super members

DARREN SNYDER  |  WEDNESDAY, 30 SEP 2015
The federal government has released draft legislation aiming to reduce red tape for superannuation funds and individuals by streamlining lost and unclaimed super administrative arrangements. Under the new laws a super member will be considered inactive ...

S&P warns banks on cyber risk

ALEX BURKE  |  WEDNESDAY, 30 SEP 2015
... likely have incurred hundreds of millions of dollars in losses from breaches that allowed criminals to illegally transfer funds from corporate customer accounts and from ATMs." While S&P hasn't yet downgraded any banks due to cyber-attacks, it said this ...

AMP advice adds Van Eck ETFs

STAFF WRITER  |  WEDNESDAY, 30 SEP 2015
Two Van Eck exchange-traded funds have been added to the AMP approved product list. The Market Vectors Australian Equal Weight ETF and Market Vectors Australian Banks ETF will now be available to advisers at AMP Financial Planning, Charter Financial ...

ETF flows up despite market underperformance

LAURA MILLAN  |  TUESDAY, 29 SEP 2015
Exchange traded funds (ETFs) saw positive flows in August despite overall negative returns from Australian and international equities. Total net flows into ETFs in August 2015 were $360 million, about half the net flows that the sector had seen during ...

SMAs on Macquarie Wrap pass $100m milestone

STAFF WRITER  |  TUESDAY, 29 SEP 2015
Separately managed accounts (SMAs) on Macquarie Wrap have passed $100 million in funds under administration in its first year. The functionality was added to Macquarie Wrap in September 2014 to provide financial advisers with access to a range of SMAs. ...

Super funds cautious about administration

DARREN SNYDER  |  TUESDAY, 29 SEP 2015
... new customers," Wood said. UniSuper chair Chris Cuffe said the fund runs its own administration services and foresees more funds doing the same. "If people aren't self-administering there will probably be a bit more of that as funds get bigger," Cuffe ...

Comparative advantage

BENJAMIN ONG  |  TUESDAY, 29 SEP 2015
... including myself, currently anticipate that achieving these conditions will likely entail an initial increase in the federal funds rate later this year, followed by a gradual pace of tightening thereafter". Or did she? "But if the economy surprises us ...

Super fees almost halved in five years

MARK SMITH  |  MONDAY, 28 SEP 2015
... making Australia one of the lowest cost wealth management markets in the world. Despite the drop in fees, 50% growth in funds under management in the same period means that fee revenue is broadly flat year-on-year at $22.5 billion. That figure represents ...

Rubinsztein leaves CBA, joins industry fund

LAURA MILLAN  |  MONDAY, 28 SEP 2015
... was most recently the general manager of retirement at CBA and she has also held positions at Colonial First State and BT Funds Management. CBA confirmed that Rubinsztein will step down from her role on 30 November and UniSuper confirmed she will start ...

ANZ ETFS listed on HUB24 platform

LAURA MILLAN  |  MONDAY, 28 SEP 2015
ANZ ETFS funds have been listed on the HUB24 super menu three months after they listed on the Australian Securities Exchange (ASX). The joint venture between Australia and New Zealand Banking Group (ANZ) and ETF Securities is the first entry by a big ...