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Showing 12851 - 12860 of 22869 results for "Funds"

Blue Sky directors buy stake in Alternatives Fund IPO

LAURA MILLAN  |  WEDNESDAY, 21 MAY 2014
... Mark Sowerby has also sold a small parcel of shares in Blue Sky to fund investments into several of the manager's unlisted funds. Sowerby also intends to invest the proceeds he receives into the Alternatives Fund. Blue Sky members still retain "a significant ...

Beware engaged baby boomers, super funds told

JAMES FERNYHOUGH  |  WEDNESDAY, 21 MAY 2014
Increased member engagement could lead to a spike in complaints, according to the Superannuation Complaints Tribunal (SCT) chairperson Jocelyn Furlan. Furlan said this was a particular danger among the baby boomer generation, who have proved some of ...

Platforms pushed by utility as well as technology

ALEX DUNNIN  |  WEDNESDAY, 21 MAY 2014
... managed super fund administrators are offering. "SMSF services plays an important role in leading platform ideas. Industry funds wouldn't be adding Member Direct Options if it wasn't for SMSFs," said Bloore.

Super advocates urge caution on age access

AAP  |  TUESDAY, 20 MAY 2014
... but Prime Minister Tony Abbott quickly moved to rule out making changes any time soon. The Association of Superannuation Funds of Australia (ASFA) believes the superannuation preservation age should be set at least five years lower than the Age Pension ...

BT to manage $1.2 billion for People's Choice

LAURA MILLAN  |  TUESDAY, 20 MAY 2014
BT will manage $1.2 billion in funds under advice from member-owned financial institution People's Choice Credit Union. The credit union was previously working with multiple platform providers and individual fund managers and made the decision to look ...

New infrastructure fund for SMSFs launches

JAMES FERNYHOUGH  |  TUESDAY, 20 MAY 2014
A new fund dedicated to providing self-managed super funds and high net worth investors with access to unlisted infrastructure has been launched. Chaired by Pacific Hydro director Geoff Coffey, the Infrastructure Partners Investment Fund (IPIF) is a ...

AMG Universal Super rebrands

JAMES FERNYHOUGH  |  TUESDAY, 20 MAY 2014
... (SMSF), but "without the burden". It allows clients to create a portfolio of listed ASX shares, term deposits and managed funds, with 50% held in the ASX 200, and no one stock accounting for more than 25% of the portfolio. AMG Universal Super was launched ...

Don't be afraid of sales, industry funds told

JAMES FERNYHOUGH  |  MONDAY, 19 MAY 2014
Industry superannuation funds must embrace a sales culture if they are to compete with retail funds in an increasingly open market, according to Metta Group director and AustralianSuper consultant Clive Wilkinson. Speaking to an audience of not-for-profit ...

Beacon approves DomaCom fractional property fund

STAFF WRITER  |  MONDAY, 19 MAY 2014
... The agreement put DomaCom on the Lonsec platform opening the product up to a broader market of advisers and superannuation funds.

CBA, CSSA promote FoFA legal loophole

JAMES FERNYHOUGH  |  MONDAY, 19 MAY 2014
... advisers have operated on a dual business model. An initial fee is taken from employers to carry out a tender for default super funds. Once this tender is complete and the employer has picked a default fund for its employees, the adviser will then go ...