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Showing 1541 - 1550 of 3210 results for "Scheme"

Super lump sums increase poverty risks: Report

KARREN VERGARA  |  WEDNESDAY, 25 OCT 2017
A high prevalence of Australians receiving superannuation payments as a lump sum is exacerbating the risk of retirees falling into poverty, a global study shows. Three out of 10 Australian retirees over 75-years-old are income-poor, and living on less ...

OneVue sells $2bn RE business

ALEX BURKE  |  WEDNESDAY, 25 OCT 2017
OneVue has signed an agreement to sell its responsible entity business, which currently represents about $2.3 billion in funds under supervision. The RE business covers 27 managed investment schemes and will be acquired by Equity Trustees for $3.5 million ...

Aurora finalises Hastings takeover bid

ALEX BURKE  |  MONDAY, 23 OCT 2017
... HHY unit. Aurora explained that by merging the two funds, investors would be provided with a larger managed investment scheme, which would "enhance the ability to grow the returns of the portfolio on a measured and sustainable basis." "Additionally ...

SelectingSuper finalists announced

ALEX BURKE  |  FRIDAY, 20 OCT 2017
... UniSuper MySuper Lifestage Product of the Year AMP SignatureSuper First State Super - Employer Sponsored LGS Accumulation Scheme LGIAsuper Accumulation QSuper Accumulation Account Sunsuper for Life Telstra Super Corporate Plus MySuper Product of the ...

UBS wins pensions mandate

JAMIE WILLIAMSON  |  FRIDAY, 20 OCT 2017
UBS Asset Management was awarded an $18 billion passive management mandate from a pool of UK local government pension schemes. The Local Government Pension Schemes ACCESS (A Collaboration of Central, Eastern and Southern Shires) pool - the combined ...

EQT acquires stake in UK firm

KARREN VERGARA  |  FRIDAY, 13 OCT 2017
Equity Trustees announced it will acquire a large stake in a London-based funds services solutions company, marking its first step toward global expansion. EQT will acquire 60% of Treasury Capital, a provider of fund administration and regulatory services ...

MetLife pushes for the retail market with new hire

ALEX BURKE  |  THURSDAY, 12 OCT 2017
MetLife will launch its retail life insurance offer to advisers and brokers next year and has appointed a head of retail sales from AMP to facilitate this process. Matt Lippiatt joins MetLife from AMP, where he was national account manager. He has held ...

APRA pushes for greater control over super

KARREN VERGARA  |  WEDNESDAY, 11 OCT 2017
... framework that increasing APRA's power and control over trustees is necessary in the wake of collapsed Trio Capital, a scheme which defrauded Australians of the their superannuation. APRA's powers currently in place for APRA-regulated industries should ...

ASIC outlines industry funding costs

ALEX BURKE  |  MONDAY, 9 OCT 2017
ASIC has released the forecast regulatory costs for industry participants as part of its new industry funding model. These costs vary across industry sectors. In the registered liquidator sector, for example, companies will have a minimum levy of $2500 ...

Industry researcher praises Fidelity fee overhaul

ALEX BURKE  |  FRIDAY, 6 OCT 2017
... could have taken the variable fee model even further. He said that ERI Scientific Beta will soon update its variable fee scheme such that if one of its multi-factor multi-strategy index doesn't outperform its reference index over the year, fees will ...