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Showing 1341 - 1350 of 3938 results for "USI"

Beware: Zombie ETFs

KANIKA SOOD  |  THURSDAY, 16 MAY 2019
Almost 200 exchange traded funds now trade in Australia, but not all have tickled investor appetite, with several plodding along like zombies, Rainmaker research shows. Opening Financial Standard 's annual Best Practice Forum on ETFs in Melbourne this ...

Life expectancy declining: KPMG

KARREN VERGARA  |  WEDNESDAY, 15 MAY 2019
Latest research from KPMG debunks the assumption that life expectancy is increasing when in fact it has contracted for the fourth consecutive year. After analysing the mortality of UK retirees on defined benefit plans, the KPMG 2019 Pensions Accounting ...

Industry fund fined over independent advice claims

KARREN VERGARA  |  THURSDAY, 9 MAY 2019
A major industry superannuation fund has been forced to remove "independent" from its financial advice messaging and consequently slapped with a financial penalty issued by the corporate regulator. ASIC alleged Hostplus provided misleading claims to ...

Former AMP adviser pleads guilty

JAMIE WILLIAMSON  |  WEDNESDAY, 8 MAY 2019
A former AMP adviser has pleaded guilty to stealing more than $200,000 in client funds. Trevor William Martin of Kiama, New South Wales has pleaded guilty to three counts of dishonestly obtaining client funds in the District Court of NSW. An investigation ...

QIC eyes internet infrastructure company

KANIKA SOOD  |  MONDAY, 6 MAY 2019
The $85 billion manager made an indicative proposal to acquire an ASX-listed internet infrastructure company. Superloop granted QIC an exclusive due diligence period of three weeks starting April 28, after receiving an indicative offer on April 2 for ...

Lax regulation worsens lost super benefits: ISA

KARREN VERGARA  |  FRIDAY, 3 MAY 2019
Industry Super Australia is calling on major political parties ahead of the upcoming election to fix the Superannuation Guarantee loopholes costing workers $5.94 billion in super entitlements. A new report compiled by ISA citing 2016-17 financial year ...

Beware disruptors: Antipodes

ELIZABETH MCARTHUR  |  FRIDAY, 3 MAY 2019
Antipodes client portfolio manager Alison Savas says investors need to be wary of technology companies and start-ups that are billed as disrupters. Speaking at an event in Sydney, Savas explained these disrupters, or 'software as a service' technology ...

Admin change leaves super fund members in the dark

KARREN VERGARA  |  WEDNESDAY, 1 MAY 2019
Nearly a year after a $15 billion superannuation fund announced it was switching administrators, members have been left in the lurch with technical difficulties. Members of CareSuper have not been able to log into accounts, change options, turn insurance ...

Colonial First State removes funds

KANIKA SOOD  |  TUESDAY, 30 APR 2019
Colonial First State is removing nine funds from its FirstChoice Investments menu following weak investor appetite. The removed funds include Acadian Global Managed Volatility Equity, Franklin Templeton MultiSector Bond, Milliman Managed Risk Australian ...

Super fund awards $50m mandate

KARREN VERGARA  |  MONDAY, 29 APR 2019
EG Funds Management has won a mandate from a $9 billion superannuation fund. The real estate investment manager, with $2.1 billion under management, was awarded a $50 million mandate from Tasplan, which will invest the funds in EG's High Income Sustainable ...