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Showing 1121 - 1130 of 2856 results for "Initiative"

Royal Commission recommendations split industry

KARREN VERGARA  |  MONDAY, 18 FEB 2019
Commissioner Kenneth Hayne's final recommendations received a mixed reaction in Financial Standard' s latest spot poll. About a third (31%) surveyed by Financial Standard last week believed the banking Royal Commission final recommendations ...

K2 posts losses, signs on distributor

KANIKA SOOD  |  THURSDAY, 14 FEB 2019
K2 Asset Management has signed a new distribution agreement for its funds as the business posted close to $560,000 in after-tax losses for the six months to December 31. Principals Funds Management will distribute K2's funds. The company specialises ...

Retirement expert joins Milliman

KARREN VERGARA  |  WEDNESDAY, 13 FEB 2019
Milliman has appointed a director of strategy and solutions in Australia. Amara Haqqani joins the actuarial, retirement and risk management consultancy firm based in Sydney. Haqqani has spent close to two decades in financial services, of which four ...

Misconduct must end: Frydenberg

DARREN SNYDER  |  MONDAY, 4 FEB 2019
The banking, superannuation and financial services Royal Commission has made 76 recommendations to address industry misconduct and Treasurer Josh Frydenberg said the Federal Government will act on each of them. The Treasurer has put the blame of industry ...

Asia Funds Passport takes flight

HARRISON WORLEY  |  MONDAY, 4 FEB 2019
... certain Australian managed funds to be marketed to retail investors outside of Australia. But the FSC believes the initiative will only reach its potential with tax reforms, and is calling on the Government to overhaul the tax system. Currently, the ...

Industry fund sees boost in additional contributions

JAMIE WILLIAMSON  |  SUNDAY, 3 FEB 2019
... rise in the number of members making additional contributions to their superannuation. The 'Save more later' initiative from Vision Super is based on the concept of 'hyperbolic discounting' which suggests people value their future self ...

Mercer names platform provider for direct super investments

JAMIE WILLIAMSON  |  THURSDAY, 31 JAN 2019
An ASX-listed investment platform and fund administrator will provide member direct investing capabilities to Mercer's clients and superannuation members. The wealth giant is partnering with OneVue for Mercer Direct, its direct investment offering for ...

Mercer names new people and culture lead

KARREN VERGARA  |  THURSDAY, 31 JAN 2019
... manager at the Australian government's Workplace Gender Equality Agency (WGEA). She helped lead Future IM/Pact, an initiative between Mercer and AustralianSuper, Cbus Super, Future Fund, HESTA, Magellan, Mercer, NAB Asset Management, Pendal, QIC ...

MLC drops wrap and super admin fees

DARREN SNYDER  |  TUESDAY, 29 JAN 2019
MLC Wealth chief executive Geoff Lloyd is making his biggest call since joining the group five months ago, slashing wrap administration fees to run one of the cheapest platforms in Australia. Additionally, Lloyd is lowering administration fees for the ...

CCIV consultation opens

KARREN VERGARA  |  THURSDAY, 17 JAN 2019
... submissions on two proposed bills - the tax and regulatory component, and related explanatory materials - to move the initiative forward. Federal Assistant Treasurer Stuart Robert said the proposals contain a new chapter in the Corporations Act 2001 ...