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Showing 12871 - 12880 of 22893 results for "Funds"

FSC serves boutique with 'surprise' exit fee

JAMES FERNYHOUGH  |  THURSDAY, 22 MAY 2014
The Financial Services Council (FSC) has gone to the courts to force UCA Funds Management (UCA) to pay an $8,000 'resignation fee', a charge the fund claims it knew nothing about. UCA chief executive Michael Walsh told Financial Standard that when in ...

OneVue adds former IOOF exec to leadership team

ALICE URIBE  |  THURSDAY, 22 MAY 2014
... he led the integration of compliance functions following the merger of companies including IOOF, Skandia, Select Managed Funds and Australian Wealth Management. He also spent time as compliance manager for Citibank and held various senior compliance ...

Pohl launches mandate hunt as non-compete clause expires

MARK SMITH  |  THURSDAY, 22 MAY 2014
... equity business EC Pohl & Co. He added that the team was already in advanced discussions with a couple of large industry funds and is awaiting board sign-off on mandates. The strategy already has a 'recommended' rating from Zenith and is in the process ...

Kerr Neilson: Against the grain

MARK SMITH  |  THURSDAY, 22 MAY 2014
... opportunities in the SMSF sector. The Neilson family certainly isn't afraid to go against conventional wisdom. Kerr Neilson's funds management business, Platinum Asset Management, is a firm favourite of Australian investors because it does precisely ...

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 ...