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Showing 121 - 130 of 1218 results for "Switch"

HESTA turns the lights back on after service shutdown

ANDREW MCKEAN  |  WEDNESDAY, 4 JUN 2025
... in can now view updated balances and update their personal details. They can also manage insurance cover and claims and switch investment options. However, although online services have resumed, HESTA advised that processing times for some transactions ...

ART pinged by ASIC over misleading returns data

JAMIE WILLIAMSON  |  MONDAY, 2 JUN 2025
Australian Retirement Trust (ART) was fined by the regulator after it was found to have showcased better returns than what was really being achieved for its MySuper option. ASIC alleged ART misled consumers by publishing outdated performance data for ...

Australian investors loyal to wealth managers - until they're not

ANDREW MCKEAN  |  MONDAY, 26 MAY 2025
Australian investors show a greater willingness to stay with their wealth provider than their global counterparts, according to the 2025 EY Global Wealth Research Report. However, despite this relative loyalty, more than one in five investors still ...

HESTA members to keep paying fees as disruption continues

ELIZA BAVIN  |  MONDAY, 12 MAY 2025
... disruptions to some services, it's important to note that members can still receive urgent and critical payments, and switch investments during the limited services period." The super fund said it is "confident" the change will help it deliver better ...

Super moves: QIC, VFMC, ESSSuper, Aware Super

ELIZABETH FRY  |  THURSDAY, 8 MAY 2025
Vivian Xu has joined Victorian Fund Management Corporation to work on quant strategies across global markets. Xu arrived from Frontier Advisers, where she was promoted to the new quantitative research consultant within the capital markets and asset ...

Hostplus limits investment options

ELIZA BAVIN  |  FRIDAY, 11 APR 2025
... into the future." Members who are already invested into one of the three options can remain there, and those who wish to switch into them can do so before May 8. Hostplus said members who want to access the full investment option menu with no restrictions ...

Which fund managers are making the most from investor fees?

ANDREW MCKEAN  |  TUESDAY, 8 APR 2025
Data analysis reveals the Australian fund managers that generated the most fees last year. The rankings were derived from an analysis of Morningstar's database of fund managers, with annual fee revenue determined by a fund's size multiplied by the Total ...

UGC's AFCA membership to cease

KARREN VERGARA  |  MONDAY, 7 APR 2025
... clearly unsuitable; and the advice to invest elsewhere led to significant losses. "Let's say a client was advised to switch from an APRA-regulated superannuation fund to a self-managed super fund (SMSF) with most of the assets placed in a high-risk ...

CSLR costs driven by poor advice: AFCA

ELIZA BAVIN  |  TUESDAY, 1 APR 2025
... superannuation 'comparison'," Singh said. "These calls are typically from unlicensed representatives who persuade consumers to switch to an SMSF and invest in a specific product. While AFCA can't consider the actions of unlicensed entities, consumers ...

New gig for JP Morgan's AI guru

ELIZABETH FRY  |  THURSDAY, 27 MAR 2025
... at JP Morgan, the financial services giant. After a long career in quantitative research strategy, Hlavaty is making a switch to an internal technology role where he is tasked with harnessing the power of AI and data for the research team. "To do this ...