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Showing 1601 - 1610 of 5341 results for "Top 30"

Australia's best risk-adjusted MySuper option revealed

KANIKA SOOD  |  WEDNESDAY, 2 OCT 2019
Hostplus has the best three-year returns in default superannuation products but if risk measures are taken into account, another industry fund takes the top spot, according to new Rainmaker research. HESTA emerged as Australia's best risk-adjusted ...

Frontier veteran to depart

KANIKA SOOD  |  TUESDAY, 1 OCT 2019
The $380 billion asset consultant is bidding farewell to Fiona Trafford-Walker after nearly 25 years with the business. Trafford-Walker was appointed as Frontier's managing director in 2000 when it separated from Industry Fund Services and stayed ...

NAB builds banking team, cuts fees

ELIZA BAVIN  |  TUESDAY, 1 OCT 2019
NAB is continuing its expansion, introducing 163 new roles in its business and private bank while also removing over 100 fees for customers. The majority of the new roles are based in Victoria and New South Wales, with over 130 of the 163 being across ...

UK insurer fined for annuity sales failings

ELIZA BAVIN  |  TUESDAY, 1 OCT 2019
UK-based insurer Prudential has been hit with a £24 million (AU$43.6 million) fine after failing to advise customers they may receive a better deal on annuities if they shopped around. The Financial Conduct Authority said Prudential failed to ensure ...

Australia slips in global retirement ranks

ELIZABETH MCARTHUR  |  MONDAY, 30 SEP 2019
Australia is now ranked ninth in the world for retirement outcomes, sliding three places since last year. The Natixis Investment Managers Global Retirement Index ranks nations by retirement outcomes - assessing key areas like health, finances in retirement ...

Spotlight on super welcomed

HARRISON WORLEY  |  FRIDAY, 27 SEP 2019
The government's move to include compulsory superannuation in its retirement income review has been welcomed by the financial services sector. Responding to the government's establishment of a review of the retirement income system, the peak ...

Aussie active managers underperform

ELIZABETH MCARTHUR  |  THURSDAY, 26 SEP 2019
Rainmaker research revealed that over the three years to June 2019 the median managers in all active investment categories underperformed their respective benchmark returns. The research looked at active core, high performance and small companies funds. ...

Evidence of "pay to play" in US pension consulting

KANIKA SOOD  |  WEDNESDAY, 25 SEP 2019
Top staff at investment advisory firms may have used political contributions to win mandates from public pension funds in the United States until 2011, a new research paper found. Pay to Play in Investment Management, a paper published by William Beggs ...

Morgans snaps up CommSec Advisory business

ELIZA BAVIN  |  TUESDAY, 24 SEP 2019
Morgans has acquired CommSec Advisory for an undisclosed sum, after winning a tender conducted by the Commonwealth Bank of Australia. There are about 18 financial advisers in the team who collectively manage around $4 billion on behalf of clients. Both ...

Growing uncertainty sees more advisers outsourcing

ELIZABETH MCARTHUR  |  MONDAY, 23 SEP 2019
Financial advisers are increasingly bearish in their outlook for Aussie equities and uncertain about global equities - resulting in an uptick in outsourcing. New Investment Trends research indicates a strong trend for advisers moving away from being ...