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Showing 1451 - 1460 of 7099 results for "June 2015"

Managed accounts FUM inch to $100bn

KARREN VERGARA  |  FRIDAY, 12 MAR 2021
Managed accounts assets reached a record $95.2 billion at the end of 2020 thanks in part to stock markets rebounding. According to the Institute of Managed Account Professionals chair Toby Potter, the sector is stronger than eve r and will continue ...

Women boost SMSF balances

ANNABELLE DICKSON  |  WEDNESDAY, 10 MAR 2021
The average SMSF member balance for women has increased more than it has for men over a five-year period to the 2018/19 financial year, new data shows. The Australian Taxation Office's (ATO) annual statistical overview on SMSFs showed the average female ...

Women-led super funds outperform

KARREN VERGARA  |  MONDAY, 8 MAR 2021
New research shows superannuation funds with females holding an executive position continue to outperform male counterparts. Of the 50 super funds analysed in Rainmaker's annual W-Index, one-third of leadership roles such as chairs of the board ...

Dover, McMaster hit with $1.4m penalty

KARREN VERGARA  |  FRIDAY, 5 MAR 2021
In a win for ASIC this morning, Dover Financial Advisers and its founder Terry McMaster have been ordered to pay over $1.4 million in penalties by the Federal Court of Australia. Justice O'Bryan imposed a $1.2 million penalty on the defunct financial ...

Lonsec chief to exit, chair welcomed

KARREN VERGARA  |  FRIDAY, 5 MAR 2021
The chief executive of Lonsec will step down after three years, while a new chair, a former BT executive, has been named. Charlie Haynes joined the research house in April 2018, helping reshape and expand subsidiaries Lonsec Research, SuperRatings and ...

ASIC takes Statewide Super to court

JAMIE WILLIAMSON  |  THURSDAY, 4 MAR 2021
Just days after taking action against Rest, ASIC has alleged Statewide Super charged insurance premiums to members who didn't hold group cover. ASIC has commenced Federal Court proceedings against the South Australia-based industry superannuation ...

Montgomery launches two global strategies

KARREN VERGARA  |  THURSDAY, 4 MAR 2021
Montgomery Investment Management is joining forces with a boutique fund manager to offer two global growth strategies to Australian investors. Montgomery will launch two of Polen Capital's growth strategies for local clients. Polen Capital Global ...

Chief economist update: The great Australian rebound

BENJAMIN ONG  |  THURSDAY, 4 MAR 2021
"Getting strong now, won't be long now, getting strong now Gonna fly now, flying high now, gonna fly, fly, fly..." -Bill Conti, Gonna Fly Now As sure as this theme from the 1977 classic Rocky is remembered by film buffs and boxing aficionados everywhere ...

Colonial Super Retirement Fund rejigs managers

KANIKA SOOD  |  WEDNESDAY, 3 MAR 2021
Colonial Super Retirement Fund and CMLA options have made changes including external managers for nearly 45 options. The changes are effective April 2021 and apply to 19 products available via Colonial Super Retirement Fund and other products issued ...

Equipsuper in another merger

KARREN VERGARA  |  TUESDAY, 2 MAR 2021
Equipsuper has kicked off another successor fund transfer with an 83-year-old corporate superannuation fund that has more than $680 million of assets. BOC Super will merge into the $16 billion superannuation fund after its trustee determined that the ...