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Showing 1611 - 1620 of 4848 results for "super funds"

US manager eyes Aussie retirement income

KANIKA SOOD  |  WEDNESDAY, 30 OCT 2019
... first visit, Thornburg sees greater opportunity in CIPRs (Comprehensive Income Products for Retirement) for which super funds are required to have a plan in place by July 2020. Thornburg's focus in now on its investment income builder fund, which ...

Consumers trust super funds about as much as banks

ELIZABETH MCARTHUR  |  WEDNESDAY, 30 OCT 2019
... retirement income review may produce more again." Clancy said it should be a concern to the industry that trust in super funds is at a similar level to trust in the big banks. "It's both a worry and a wakeup call to the industry that only six in 10 Australians ...

ASIC wins appeal against Westpac companies

KANIKA SOOD  |  MONDAY, 28 OCT 2019
... two Westpac companies had breached their FoFA-stipulated best interest duty by advising rollovers to Westpac-related super funds without a proper comparison of options, as required by law. Both Westpac companies only had the licence to provide general ...

Industry fund awards admin mandate

HARRISON WORLEY  |  MONDAY, 28 OCT 2019
... includes member and employer servicing such as contact centres and investment management," Walsh said. "Conversely, super funds are seeking to outsource functional services including administration. Funds are also wanting greater automation for accuracy ...

VicSuper hits sustainability target early

HARRISON WORLEY  |  THURSDAY, 24 OCT 2019
... as low carbon equities and solar. VicSuper chief executive Michael Dundon said that as community expectations grow, super funds need to have a clear strategy to not only deliver on their goals, but also to report on their achievements. "Transparency ...

Super fund adviser numbers swell

KANIKA SOOD  |  TUESDAY, 22 OCT 2019
... registered advisers, up from 713 advisers at March, 2016. State Super is the biggest direct employer of advisers among super funds, accounting for almost 30% of the industry's total adviser registrations with 281 advisers. In second spot is Industry ...

SMSFs can meet aspirational lifestyle: Research

HARRISON WORLEY  |  TUESDAY, 22 OCT 2019
Latest research shows a significant proportion of Australians with self-managed super funds are set to retire with enough savings to fund lavish retirement lifestyles. SMSF actuarial certificate supplier Accurium claims many retirees with self-managed ...

How much Future Fund spends in fees

KANIKA SOOD  |  FRIDAY, 18 OCT 2019
... director of research and compliance Alex Dunnin said it's worth contrasting these investment costs with those paid by super funds which average around 0.7%. "The Future Fund Management Agency is Australia's biggest funds manager. It should be ...

ASIC nudges robo-adviser to shutter

ELIZABETH MCARTHUR  |  FRIDAY, 18 OCT 2019
... and investment and superannuation recommendations. Plenty Plus provided advice on the establishment of self-managed super funds, purchasing property with super, commencing and ceasing pensions and contributions into super. ASIC raised concerns with Lime ...

IFM pushes into large scale private equity

ELIZA BAVIN  |  FRIDAY, 18 OCT 2019
... Wardman-Browne said that the initiative to make larger scale investments was appropriate. "The longer term focus of industry super funds' and IFM's flexible structures and strategy to maximise members super savings is suited to making longer term investments ...