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Showing 1131 - 1140 of 14003 results for "Current"

APRA questioned on super performance test

ELIZA BAVIN  |  FRIDAY, 25 OCT 2024
APRA has been questioned by the House of Representatives around how it monitors superannuation fund performance and whether there should be more focus on fees over returns. Independent MP Allegra Spender questioned APRA deputy chair Margaret Cole on ...

BlackRock lowers fees on two funds

ELIZA BAVIN  |  THURSDAY, 24 OCT 2024
... regularly review the nature and level of risk taken in the portfolio and make changes from time to time," it said. "Based on current market conditions we have a primary focus on stock specific risk, making it more difficult to achieve the previously ...

Westpac appoints acting head of wealth

ELIZA BAVIN  |  THURSDAY, 24 OCT 2024
Westpac has announced the appointment of an acting chief executive, business and wealth. Westpac chief executive Peter King said Peter Herbert has been appointed to the position, effective November 5. Herbert is currently the chief operating officer ...

Delaying DBFO imposes 'generational' consequences

MATTHEW WAI  |  THURSDAY, 24 OCT 2024
... achieve that at no extra cost. This would be particularly helpful amid the cost-of-living crisis, it noted. However, under current laws, life insurers are restricted to providing advice that, in most cases, is not wanted by the customers, CALI said. ...

ASIC cans timeshare company AFSL

KARREN VERGARA  |  WEDNESDAY, 23 OCT 2024
... company related to Ultiqa to pay for their timeshare interest. Ultiqa went into voluntary liquidation on 30 April 2021. An A Current Affair report in April interviewed victims who were stuck in Ultiqa contracts. One customer paid fees for 11 years and ...

Dinimus appoints new head of distribution

ANDREW MCKEAN  |  TUESDAY, 22 OCT 2024
... estate but Dinimus is differentiated in that it does not invest in construction or real estate, he said. He also said its current fund contains a diversity of sector exposures which means there is a lot of upside in introducing investors to corporate ...

Jupiter AM awards distribution mandate

KARREN VERGARA  |  TUESDAY, 22 OCT 2024
... of five and £800 million ($1.6bn) in assets managed by a London-based boutique Origin. Magellan Financial Group's current chair Andrew Formica led Jupiter between 2019 and 2022. He remained with Jupiter until 30 June 2023 to assist with some of ...

Shifting retirement intentions require super rule change: ASFA

MATTHEW WAI  |  TUESDAY, 22 OCT 2024
An increasing number of Australians are planning to remain in the workforce for longer, with the association calling for super rules to be changed in response. The Association of Superannuation Funds of Australia (ASFA) surveyed 1500 Australians across ...

NZ Superannuation Fund names joint CIOs

KARREN VERGARA  |  TUESDAY, 22 OCT 2024
The New Zealand Superannuation Fund (NZSF) has split the role of chief investment officer, promoting two of its investment professionals to their new posts. Brad Dunstan and Will Goodwin will become joint chief investment officers effective December ...

US better positioned to deliver strong returns: UniSuper

ELIZA BAVIN  |  TUESDAY, 22 OCT 2024
... presidential election. The fundamentals in the US are pretty strong. If inflation remains under control, we believe the current rally can be sustained."