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Showing 1411 - 1420 of 4836 results for "EAC"

APRA funds can learn from SMSFs: Rice Warner

ELIZA BAVIN  |  FRIDAY, 10 JUL 2020
Self-managed super funds have the edge over their APRA-regulated counterparts, according to insights from Rice Warner. Rice Warner said SMSFs cater well for retirees as their structures are more sensible and allow retirees to manage their finances properly. ...

ATO can make cost of advice cheaper: Asher

KANIKA SOOD  |  THURSDAY, 9 JUL 2020
In a new paper from Actuaries Institute, Anthony Asher argues financial advice can be made cheaper if the Australian Taxation Office (ATO) provides some of the data necessary for good advice. Asher added that retirement incomes could rise by 15% to ...

Best performing managed funds revealed

ELIZA BAVIN  |  THURSDAY, 9 JUL 2020
Funds from IOOF, Vanguard and Fiducian figure among the top-five performers among wholesale funds, in the latest Rainmaker Information tables to May end. In the growth category, IOOF MultiMix Growth Trust took the top spot with returns of 7.1% pa over ...

Chief economist update: UK plans for jobs

BENJAMIN ONG  |  THURSDAY, 9 JUL 2020
The United Kingdom has followed the script dictated by the coronavirus pandemic in much of the world. On March 23, the government imposed strict lockdown measures, giving "bobbies" power to fine people leaving their homes for "non-essential" reasons. ...

Financial institution charged over Epstein scandal

ELIZA BAVIN  |  THURSDAY, 9 JUL 2020
The US Department of Financial Services (DFS) has hit Deutsche Bank with a US$150 million penalty for the bank's relationship with disgraced financier Jeffrey Epstein. This marks the first enforcement action by a regulator against a financial institution ...

Advisers switch platforms amid pandemic

ALLY SELBY  |  TUESDAY, 7 JUL 2020
New research has revealed Australia's financial advisers switched between various investment platforms in their search for better service and support in the wake of the Royal Commission and COVID-19 pandemic. Investment Trends' 2020 Planner Technology ...

QSuper culls comprehensive advice

KANIKA SOOD  |  FRIDAY, 3 JUL 2020
The $110 billion industry fund will stop offering comprehensive advice to new customers on July 6 and cut over 50 positions, as it sees demand for holistic advice fall. QSuper chief executive Michael Pennisi said the decision is based on several years ...

Mirae drops fees on Asian equities funds

KANIKA SOOD  |  FRIDAY, 3 JUL 2020
Mirae Asset Global Investments has sliced the fees on two Asian equities funds by 20bps each. Mirae Asset Asia Great Consumer Equity Fund and Mirae Asset Asia Sector Leader Equity Fund will go from charging 75bps each in management fee from 95bps, while ...

Industry fund eyes KiwiSaver accounts

KANIKA SOOD  |  THURSDAY, 2 JUL 2020
A $3.4 billion industry superannuation fund has struck an exclusive partnership which it hopes will help it attract 3000 new members each year. First Super, which traditionally services the paper and timber industry but is public offer, will now be ...

Schroders readies private assets offering

KANIKA SOOD  |  THURSDAY, 2 JUL 2020
The global manager's Australian business has launched a private equity fund for sophisticated investors, with a private debt fund launch chalked in for the second half of the year. The Schroders Specialist Private Equity Fund (SSPEF) is an Australian-domiciled ...