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Showing 1161 - 1170 of 3232 results for "April 2016"

BT fund to wind up

KANIKA SOOD  |  WEDNESDAY, 12 FEB 2020
It's the end of the road for a BT multi-asset fund managed by Pendal after 52 years, as investor demand ebbs out. The BT Institutional Diversified Balanced PST was managed by Stuart Eliot and invested in local and global shares, fixed interest ...

Perpetual announces new executive hire

ELIZA BAVIN  |  TUESDAY, 11 FEB 2020
Perpetual has announced who will fill a newly created chief operating officer role, hiring from a global asset manager. Amanda Gazal is set to take up the position in April this year, joining the Perpetual team from her role as DWS Group chief operating ...

Super fund admits its gender pay gap increased

ELIZABETH MCARTHUR  |  MONDAY, 10 FEB 2020
An ethical super fund has published all the work it does internally to promote gender equality, admitting its own gender pay gap grew in favour of men. Future Super, which has about $350 million of members' money, began reviewing its gender pay gap ...

Grow Super signs first admin client

KANIKA SOOD  |  FRIDAY, 7 FEB 2020
Grow Super has signed its first client for its superannuation administration platform which is based on distributed ledger technology. Startup superannuation fund GigSuper came onboard in late December, Grow Super deputy chief executive Adam Gee said. ...

Industry split over super fee hike

ELIZABETH MCARTHUR, JAMIE WILLIAMSON  |  TUESDAY, 4 FEB 2020
A new fee introduced by Australia's largest superannuation fund has divided the industry, with many questioning its legitimacy. Earlier this month AustralianSuper notified members it would be introducing a new fee called 'Administration fee ...

Sargon runs out of steam

KANIKA SOOD, JAMIE WILLIAMSON  |  THURSDAY, 30 JAN 2020
Philip Kingston's Sargon has been forced into external administration by one if its Chinese creditors. In a statement to Financial Standard, Sargon said one of its creditors, Chinese state-owned insurance company Taiping Trustees has appointed McGrathNicol ...

Industry fund dumps Link

HARRISON WORLEY  |  THURSDAY, 30 JAN 2020
An industry superannuation fund managing around $2.6 billion in retirement savings has ended its seven-year administration mandate with Link. AvSuper has appointed Mercer Administration Services as administrator following a competitive tender process. ...

AustralianSuper PM joins fund manager

JAMIE WILLIAMSON  |  WEDNESDAY, 29 JAN 2020
A portfolio manager from AustralianSuper has joined a specialist investment firm looking to expand its footprint in Australia. Global equities portfolio manager Alex Whight will join the Milford Asset Management team in Sydney next week. Whight will ...

Latest FASEA exam results in

ELIZABETH MCARTHUR  |  WEDNESDAY, 29 JAN 2020
Almost 3000 financial advisers across Australia have just received their results for the final Financial Adviser Standards and Ethics Authority exam for 2019. Over 86% of the 2981 advisers who sat the exam have passed. The exam was held in eight metropolitan ...

UK regulator fined for pension failure

HARRISON WORLEY  |  TUESDAY, 28 JAN 2020
The UK's financial conduct regulator has been hit with a fine for failing to comply with requirements to include sufficient information in a chair's statement to members of its staff pension plan. The Financial Conduct Authority (FCA) has been ...