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Showing 101 - 110 of 400 results for "Rena"

Super fund halves admin fees

JAMIE WILLIAMSON  |  WEDNESDAY, 3 MAR 2021
An $11.2 billion superannuation fund will halve its administration fees later this month. Mine Super is reducing its MySuper administration fees by a whopping 50%, dropping to $52 per year from $104. "We know the fees you pay today can make a big difference ...

IOOF to spend big on BOLR

KANIKA SOOD  |  THURSDAY, 25 FEB 2021
IOOF expects to spend up to $32 million on paying out Buyer of Last Resort arrangements with financial advisers leaving its network, primarily from Bridges Financial Services. At its half year results yesterday, IOOF reported an expected BOLR spend ...

FPA names Gwen Fletcher Memorial Award winner

ELIZA BAVIN  |  THURSDAY, 25 FEB 2021
The Financial Planning Association of Australia (FPA) has named Melbourne-based financial planner Renato Manias as the first 2021 winner of the Gwen Fletcher Memorial Award. Named after the late "first lady of financial planning", the award recognises ...

Iron Man launches VC funds

KARREN VERGARA  |  TUESDAY, 2 FEB 2021
Actor Robert Downey Jr has launched two venture capital funds that invest in technological solutions that tackle environmental challenges. FootPrint Coalition Ventures comprises two funds - an early-stage Series A and late-stage Series B - led by Downey ...

Schroders adjusts fund return targets

ANNABELLE DICKSON  |  MONDAY, 1 FEB 2021
The fund manager has lowered its real return funds' targets as a result of low interest rates and bond yields and the impact of the pandemic on economies around the world. The Schroder Real Return CPI Plus 3.5%, Schroder Real Return CPI Plus 5% ...

IOOF buffeted by advice restructure

ELIZA BAVIN  |  THURSDAY, 28 JAN 2021
IOOF has seen over $1 billion in outflows from its advice business in the second quarter due to its business transformation program known as Advice 2.0. The company's funds under management saw losses of $400 million in the quarter to 31 December 2020. ...

IOOF, BT end platform relationship

ANNABELLE DICKSON  |  FRIDAY, 18 DEC 2020
The wealth manager has ended its decade-long relationship with BT, selecting another platform to provide custody and administration services and build a new raft of super and investment products. BT will continue to provide platform and related services ...

RARE Infrastructure rebrands

KARREN VERGARA  |  THURSDAY, 17 DEC 2020
RARE Infrastructure will rebrand to ClearBridge Investments in the first quarter of 2021. RARE managing director Nick Langley said while the name is changing, the manager's approach to infrastructure investing remains unchanged. "Asset management ...

BNP Paribas wins custody mandate

KARREN VERGARA  |  TUESDAY, 15 DEC 2020
BNP Paribas has won a mandate to serve as sub-custodian in Australia and New Zealand for a large European firm. Clearstream appointed BNP Paribas Securities Services to provide local sub-custody services. Clearstream currently has a partnership with ...

More good news for Xplore

ELIZABETH MCARTHUR  |  WEDNESDAY, 4 NOV 2020
After HUB24 announced its plans to acquire Xplore Wealth last week, the platform has had a pleasant $1.18 million windfall. Xplore has previously notified the market that AusIndustry had disallowed a $1.18 million research and development claim. The ...