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Showing 1551 - 1560 of 3210 results for "Scheme"

Industry body questions AFCA funding model

EMMA RAPAPORT  |  THURSDAY, 28 SEP 2017
... out how under the Bill, parties to a complaint will not have the right to seek judicial review. "We believe this leaves scheme participants worse off under the new system and therefore a right similar to judicial review should be retained," the AIST ...

NZ manager launches retirement product

EMMA RAPAPORT  |  MONDAY, 25 SEP 2017
... launching a new fund to guarantee member's income through retirement. From age 65, members of the Simiplitcy KiwiSaver Scheme invested in the guaranteed income fund will receive a fortnightly payment, regardless of what happens to investment markets ...

UK asset consultants face competition scrutiny

KARREN VERGARA  |  MONDAY, 18 SEP 2017
In an industry first, the UK Financial Conduct Authority's concerns about anti-competitive practices of investment consultants have been referred to a consumer protection and anti-competition watchdog to further investigate the industry. The FCA announced ...

Tracing super back to 1517

ALEX BURKE  |  THURSDAY, 7 SEP 2017
... joked would likely have been tweeted in 2017 instead of nailed to a door - represented an embryonic defined contribution scheme. Making another historical comparison, McFarlane cited the inability of Tsarist Russia to anticipate the October Revolution ...

A hedge fund by any other name

ALEX BURKE  |  FRIDAY, 1 SEP 2017
... investment structure that invests through three or more vertically interposed entities "where the responsible entity of the scheme or an associate has the capacity to control the disposal of the products or two or more of the interposed entities" It ...

Iceberg MDAs driving managed account FUM

JAMIE WILLIAMSON  |  TUESDAY, 29 AUG 2017
The amount of money pouring into managed discretionary accounts has seen the total funds under management in managed accounts rise 22.5% in just six months. According to the FUM Census from the Institute of Managed Account Professionals, as at 30 June ...

Government opens doors to offshore investment vehicles

ALEX BURKE  |  FRIDAY, 25 AUG 2017
... and investor protection while being more "internationally recognisable" than the country's existing managed investment scheme (MIS) trust-based structure. The goal is to make Australian investment products more marketable and competitive overseas by ...

JPMAM wins global equities mandate

ALEX BURKE  |  WEDNESDAY, 23 AUG 2017
... to help us deliver that." Founded by economists Gareth Morgan and Andrew Gawith in 2000, GMI operates a superannuation scheme, private portfolio services and KiwiSaver retirement investment accounts.

Housing affordability depresses confidence: Westpac

EMMA RAPAPORT  |  THURSDAY, 17 AUG 2017
... report earlier this month indicated that Bills to enact the Budget 2017 housing policies - the first home super savers scheme and the residential downsizing incentives - may not reach Parliament before the end of the year (link story). Experts have also ...

Major advice firm endorses first home super saver scheme

DARREN SNYDER  |  WEDNESDAY, 9 AUG 2017
A prominent financial advisory firm is backing the Federal Government's First Home Super Saver Scheme even though it has received backlash from superannuation industry bodies. Dixon Advisory believes the latest draft legislation proposes more flexibility ...