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Showing 11541 - 11550 of 22819 results for "Funds"

Retail funds get behind campaign to lower fees

LAURA MILLAN  |  TUESDAY, 11 AUG 2015
Retail superannuation funds have entered industry fund territory and admitted that high super fees need to be lowered. The Financial Services Council (FSC), which represents the retail side of the superannuation industry, has stated that "superannuation ...

Murray slams "silly suggestions"

MARK SMITH  |  TUESDAY, 11 AUG 2015
... independence, saying it has deteriorated into a "set of silly suggestions." In his final FSI report, Murray recommended that super funds appoint a majority of independent directors but so far the legislation is yet to get past lobbying interests. "What ...

Scrapping dividend imputation costly for retirees

DARREN SNYDER  |  TUESDAY, 11 AUG 2015
... will have long-term effects on Australians' retirement savings. This is the belief held by Association of Superannuation Funds of Australia chief executive Pauline Vamos. Yesterday ASFA released research that showed abolishing dividend imputation would ...

Tasplan and Quadrant to use Acurity software

DARREN SNYDER  |  TUESDAY, 11 AUG 2015
... and Quadrant will use superannuation software provider Financial Synergy and its Acurity administration program when the funds finalise their merger in November. The move will also help prepare Tasplan and Quadrant for a potential merger with the RBF ...

Australians seeing Centrelink as "life insurance substitute"

ALEX BURKE  |  MONDAY, 10 AUG 2015
... 60% of Australians hold life insurance, it is typically (62.7%) purchased through group life policies in superannuation funds. More than a fifth (21.1%) of those surveyed retained their default cover because they felt their employer and/or fund understood ...

Industry fund advice on the rise

ALEX BURKE  |  MONDAY, 10 AUG 2015
... Australia (ISA) and the Australian Institute of Superannuation Trustees (AIST) suggests. Based on a survey of 19 not-for-profit funds, the research shows that the industry fund sector delivered 130,451 pieces of financial advice during 2013/2014 - and ...

Bendigo wealth earnings fall 20pct despite acquisition

LAURA MILLAN  |  MONDAY, 10 AUG 2015
... 2015. This was mainly due to operating expenses of $16.2 million and net interest income of $5.2 million. However, total funds management grew 22%, following Bendigo's acquisition of an 11% stake in Future Super in September 2014. Future Super was launched ...

ASX builds fund supermarket

DARREN SNYDER  |  MONDAY, 10 AUG 2015
... billion in market capitalisation that people can mainly shop for via exchange-traded products (ETPs). ASX senior manager funds and investment products, Marcus Christoe, says that is a sizeable offering for investors who want direct access to funds, considering ...

Equity Trustees hires account manager

DARREN SNYDER  |  MONDAY, 10 AUG 2015
... account manager responsible for the development of adviser relationships in New South Wales as well as the distribution of funds for investment managers represented by the firm. Joining the Equity Trustees distribution partners' team is Michael Akele ...

Executive appointment round-up

DARREN SNYDER  |  FRIDAY, 7 AUG 2015
... Paribas. FIIG launches fixed income MDA service - FIIG Securities has appointed former head of fixed income at Dixon Advisory Funds Management, Alwyn Hung, to lead a new managed accounts service for bonds. LUCRF investment head departs - LUCRF Super ...