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Showing 1631 - 1640 of 4013 results for "Accounts"

AustralianSuper hikes insurance fees

KARREN VERGARA  |  TUESDAY, 2 APR 2019
... Protecting Your Super legislation will take effect on 1 July 2019. Super funds will be forced to transfer inactive low-balance accounts to the ATO and cease charging insurance for inactive members. An account dormant for 16 months, which has not received ...

Treasurer courts retirees with new superannuation measures

KARREN VERGARA  |  TUESDAY, 2 APR 2019
... super in a single year. "We have introduced new laws that reunite superannuation members with low balance or inactive accounts, scrapped exit fees and other excessive fees, and introduced legislation to protect Australians paying premiums for insurance ...

Australia, New Zealand leaders in responsible investment

ELIZABETH MCARTHUR  |  TUESDAY, 2 APR 2019
... several different strategies for responsible investment. The largest in the world is negative/exclusionary screening which accounts for US$19.8 trillion in assets under management. This is followed by ESG integration with US$17.5 trillion and corporate ...

Chief economist update: No credit to the RBA

BENJAMIN ONG  |  MONDAY, 1 APR 2019
... portion of the total but it provides a significant signpost for economic direction. Household consumption, after all, accounts for around 60% of Australian GDP. In all of its policy statements since I can remember, the RBA had always said "the main domestic ...

Don't expect super favouritism: Bowen

HARRISON WORLEY  |  MONDAY, 1 APR 2019
... penalties higher and make APRA's powers stronger," he said. "Millions of Australians are being ripped off by underperforming accounts and we want to force these funds to report on their performance and lift their game. "The Government - preferring politics ...

Morgan Stanley extends platform partnership

KANIKA SOOD  |  THURSDAY, 28 MAR 2019
... reporting for portfolios with international investments. MS Wealth Management has been using Praemium's virtual managed accounts (VMA) non-custody reporting system since 2005 for about 2500 accounts with domestic assets. The new contract will deliver ...

APRA warns trustees on expectations

ELIZABETH MCARTHUR  |  THURSDAY, 28 MAR 2019
... culture, risk governance, conflicts of interest, data and reporting, accountability and remuneration, insurance and inactive accounts, and the sole purpose test. On the issue of the sole purpose test APRA said: "The industry has previously noted that ...

Managed accounts provider hires executive

KARREN VERGARA  |  TUESDAY, 26 MAR 2019
A former general manager of MLC's platform business is joining an ASX-listed managed accounts provider. Bruce Hawkins joins Managed Accounts Holdings (managedaccounts.com.au or MGP) as chief financial officer. Melbourne-based Hawkins was most recently ...

Rainmaker Group acquires Money magazine

ELIZABETH MCARTHUR  |  THURSDAY, 21 MAR 2019
... publishes four B2B journals alongside the Financial Standard newspaper: FS Advice, FS Super, FS Private Wealth and FS Managed Accounts. The group also publishes a consumer focussed Good Guide series, which includes: The Good Super Guide, The Good Investment ...

Robert slates industry over inactive accounts

HARRISON WORLEY  |  THURSDAY, 21 MAR 2019
... Robert has taken aim at the financial services industry over its "lazy" attitude in dealing with inactive superannuation accounts. Speaking at the Financial Services Council's Life Insurance Conference in Sydney this morning, the Assistant Treasurer ...