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Showing 11551 - 11560 of 22819 results for "Funds"

Frydenberg slams modern awards as poorly-conceived

DARREN SNYDER  |  FRIDAY, 7 AUG 2015
... significant opportunity for the government to reform the current "poorly-conceived" selection process of default superannuation funds. Speaking at the Financial Services Council (FSC) annual conference he said: "Opening the superannuation market to competition ...

Long term super fund returns approach record levels

STAFF WRITER  |  FRIDAY, 7 AUG 2015
... the sixth consecutive positive return since the GFC. The fall in equity markets, however, favoured not-for-profit (NFP) funds due to their higher weighting in alternative assets, resulting in the segment - lead by public sector funds - extending its ...

Super board changes ignore past lessons: Bowen

DARREN SNYDER  |  FRIDAY, 7 AUG 2015
... over the past two decades," Bowen said. He noted the Productivity Commission in its 2012 report into default superannuation funds found there was "a lack of compelling evidence to suggest that any one model of board structure should be viewed as clearly ...

Henderson reveals costs of Australian acquisitions

LAURA MILLAN  |  THURSDAY, 6 AUG 2015
... clients of both Perennial businesses to renovate agreements to Henderson and to execute all necessary changes for relevant funds to move to Henderson." "Following completion of the Perennial acquisitions and the integration of these business (and 90 ...

Magellan launches hedged global equities fund

LAURA MILLAN  |  THURSDAY, 6 AUG 2015
... sold on the ASX via CHESS, a platform that avoids the administrative complexities associated with investing in unlisted funds. The $36 billion fund manager decided to launch a currency hedged version following the fall in the Australian dollar. The fund ...

Advice licensee uses tech to bypass paraplanning

DARREN SNYDER  |  THURSDAY, 6 AUG 2015
... implement registry and digital as part of stage two in the coming months. SSFS has over 50,000 clients and $11 billion in funds under management. SSFS was established more than 20 years ago by the SAS Trustee Corporation (STC) to provide professional ...

MySuper fee savings can be doubled

MARK SMITH  |  THURSDAY, 6 AUG 2015
... he said at the Financial Services Council (FSC) Conference in the Gold Coast. Benefits did arise from scale with larger funds exhibiting lower fees. However, there is a significant reduction in this benefit once funds reach $800 million under management. ...

September -- morn or mourn?

BENJAMIN ONG  |  THURSDAY, 6 AUG 2015
... these periods. Recall speculations that it would be like 1994 when the Fed start lifting interest rates. Back then, the fed funds rate went from 3.0% in January to 5.5% by December - courtesy of five rate hikes topped by a 75 bp - not a misprint - increase ...

Custody: Revolution or evolution?

MARK SMITH  |  WEDNESDAY, 5 AUG 2015
... custodians are going to have to change because their clients are going to change, pointing to the fact that six out of 10 super funds intend to insource some of their investment capability in the coming years. "Custodians could conceivably offer chief ...

Most members actively choose MySuper: research

DARREN SNYDER  |  WEDNESDAY, 5 AUG 2015
... plan executives and members', it appears far fewer members than popularly believed are passively "ending up" in default funds through lack of interest or engagement. More than 1,000 default super members and 28 executives from 20 funds were surveyed ...