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Showing 13081 - 13090 of 22906 results for "Funds"

FEATURE: Insuring against longevity risk

JAMES FERNYHOUGH  |  FRIDAY, 14 MAR 2014
... While Australia is well on the way to cracking the accumulation phase of superannuation, the problem of how to make those funds last is yet to be solved. James Fernyhough takes a look at one potential solution: longevity insurance. There is no doubt ...

AFA Foundation appoints AIA exec as new chair

LAURA MILLAN  |  THURSDAY, 13 MAR 2014
... Australia head of retail Pina Sciarrone as chairperson of the AFA foundation. The Foundation encourages AFA members to raise funds and awareness for the organisation's charity partners. The previous chairperson was Esther Althaus, who took up the role ...

Citi closes gap in custody race

JAMES FERNYHOUGH  |  THURSDAY, 13 MAR 2014
... and Citi, from $100 billion to $50 billion. Competition between custodians is fierce, and news of fund managers and super funds shifting custodians is increasingly common. Today, for example, NAB announced that it would take over from J.P. Morgan as ...

Parliament passes more nuanced SMSF penalties

JAMES FERNYHOUGH  |  THURSDAY, 13 MAR 2014
... have been passed giving the Australian Taxation Office (ATO) more varied powers to penalise self-managed superannuation funds (SMSFs) that fail to comply. Previously the ATO had limited options in dealing with non-compliant SMSF trustees, often having ...

Former NAB adviser launches non-aligned platform

JAMES FERNYHOUGH  |  THURSDAY, 13 MAR 2014
... at high net worth individuals, and offers advice on areas including risk and protection and self-managed superannuation funds. Hackney said Full Circle was established "on the basis, that in our view, independent, sound advice is increasingly hard to ...

J.P. Morgan launches two wholesale funds

JAMES FERNYHOUGH  |  WEDNESDAY, 12 MAR 2014
J.P. Morgan has entered the Australian wholesale investor market with the launch of two funds: the JPMorgan Global Strategic Bond Fund and the JPMorgan Emerging Markets Opportunities Fund. The former is an unconstrained strategy with "a diversified ...

Lonsec launches ETF model portfolios for advisers

LAURA MILLAN  |  WEDNESDAY, 12 MAR 2014
Lonsec has launched five exchange traded funds (ETF) model portfolios available for advisers who want to give their clients access to low-cost diversified portfolio solutions across traditional asset classes. The portfolios cater for investors with ...

Westpac exec gets ASIC ban after preying on elderly's finances

ALICE URIBE  |  WEDNESDAY, 12 MAR 2014
... non-office holder of Capital Growth International Club Pty Ltd (CGIC). He also enabled and encouraged customers to borrow funds from Westpac and earned a financial advantage in the form of cash bonuses on the loans, in addition to his base salary, despite ...

Tasplan and Quadrant mull merger

ALICE URIBE  |  TUESDAY, 11 MAR 2014
Tasmanian superannuation funds Quadrant fund Tasplan will investigate a merger and have entered into a Heads of Agreement. The two funds will consider whether there would be an improved provision of superannuation services to the members and employers ...

State Super to combine with two NSW state funds

JAMES FERNYHOUGH  |  TUESDAY, 11 MAR 2014
... government has announced it will amalgamate the management of the assets of State Super with that of two other state-run funds. The management of SAS Trustee Corporation, the trustee of State Super, will merge with that of the Safety, Return to Work ...