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Showing 1251 - 1260 of 7153 results for "SMA"

Top super funds for ESG revealed

RACHEL ALEMBAKIS  |  FRIDAY, 1 JUL 2022
New analysis by Rainmaker Information has identified 32 superannuation funds as leaders on ESG principles and strong investment performance. These 32 funds have received Rainmaker's inaugural ESG Leader Rating. In all, Rainmaker Information has ...

Rest cuts administration fees

JAMIE WILLIAMSON  |  THURSDAY, 30 JUN 2022
The industry fund has reduced asset-based administration fees across Rest Super, Rest Corporate and Rest Pension, saying its total fees are now at least 25% less than the industry average. Rest's asset-based admin fees, which are capped at $300, have ...

Retirement Income Covenant a win for advisers - but for how long?

JAMIE WILLIAMSON  |  THURSDAY, 30 JUN 2022
The long-awaited Retirement Income Covenant comes into effect tomorrow and, with super funds unable to consider members' personal circumstances, there's a view that its introduction could significantly impact the financial advice sector - but ...

Super trustees face rough seas ahead: Byres

ANDREW MCKEAN  |  FRIDAY, 24 JUN 2022
In a speech at the Trans-Tasman Business Circle 'Meet the regulators' event, APRA chair Wayne Byres said to expect the performance of super trustees to continue to be the subject of intense scrutiny. On APRA's latest priorities, Byres said ...

Cboe to debut FLEX micro options product

ANDREW MCKEAN  |  WEDNESDAY, 22 JUN 2022
Cboe Global Markets has announced it plans to launch its new FLEX micro options contracts on June 27. Like standard customisable FLEX options, FLEX micro options will allow users to specify key contract terms. This includes terms such as exercise prices ...

Active Super kickstarts reward program

ANDREW MCKEAN  |  TUESDAY, 21 JUN 2022
Active Super has launched a Super Booster reward program to accelerate the growth of members' super balances. The Super Booster reward program is a 'set and forget' tool for members to top-up their super balances with eligible retail purchases. ...

NSW to introduce options for first home buyers

CASSANDRA BALDINI  |  TUESDAY, 21 JUN 2022
From January 2023 first home buyers in New South Wales will have the option of paying stamp duty or an annual land tax under proposed reforms. The plan, announced in the 2022-23 NSW budget, will see first home buyers purchasing a home up to the value ...

University of Melbourne launches investment funds

CHLOE WALKER  |  TUESDAY, 21 JUN 2022
The University of Melbourne has established two new major investment funds, in partnership with Breakthrough Victoria and Tanarra Capital. The $115 million investment funds are dedicated to supporting Melbourne's researchers to turn their discoveries ...

Former adviser wins appeal, convictions quashed

JAMIE WILLIAMSON  |  MONDAY, 20 JUN 2022
A former adviser who was found guilty of fraud and sentenced to 12 years in prison in 2019 will have his case retried, having successfully argued there was a miscarriage of justice. Ben Jayaweera was a financial adviser and director of now-defunct Growth ...

Mutual sector overcomes pandemic headwinds

ANDREW MCKEAN  |  MONDAY, 20 JUN 2022
The top 100 co-operatives and mutuals have defied the economic impacts of the pandemic; the sector's revenues grew a record 10% to $34.4 billion during 2020/2021. The latest National Mutual Economy Report released by the Business Council of Co-operatives ...