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Showing 1711 - 1720 of 4757 results for "July 2011"

Managed accounts provider recruits portfolio manager

KARREN VERGARA  |  MONDAY, 3 JUN 2019
A managed accounts provider has hired a long-serving portfolio manager from Hyperion Asset Management. Elston Asset Management appointed Justin Woerner as a portfolio manager in April. He spent more than 14 years at Hyperion, starting out as an investment ...

Prime Super drops admin fees

KARREN VERGARA  |  MONDAY, 3 JUN 2019
The $5 billion superannuation fund will no longer charge administration fees to members with less than $6000 in their account. Prime Super will cease charging admin fees in line with the Protecting Your Super changes effective 1 July 2019. Chief executive ...

Chief operating officer joins platform

KARREN VERGARA  |  FRIDAY, 31 MAY 2019
A platform with $3 billion under administration has welcomed its new chief operating officer to the fold. Nigel Singh will lead Integrated Portfolio Solutions' operations, where he will work closely with the technology team and oversee sales efforts ...

Super fund increases premiums

KARREN VERGARA  |  FRIDAY, 31 MAY 2019
A $1.5 billion superannuation fund will increase life insurance premiums as a result of the Protecting Your Super Package reforms. New and existing REI Super members will pay more for death and TPD cover from 1 July 2019. They join the ranks of AustralianSuper ...

Wealth firm backs new Perennial fund

KANIKA SOOD  |  THURSDAY, 30 MAY 2019
Morgan Stanley Wealth Management will invest $25 million in a new fund from Perennial's small and micro caps team. The Perennial Private to Public Opportunities Fund will hold 30-45 investments in pre-IPOs, IPOs and unlisted growth capital. There ...

Banks sluggish on Indigenous financial inclusion

KARREN VERGARA  |  WEDNESDAY, 29 MAY 2019
Indigenous Australians are being let down by financial institutions' failure to provide access to basic banking services and recognise different cultural attitudes towards money, a new report from the First Nations Foundation reveals. Of the 620 ...

Investment firm plans delisting

KANIKA SOOD  |  WEDNESDAY, 29 MAY 2019
An investment firm focused on private equity style transactions has decided to delist from the ASX. Oceania Capital Partners (ASX: OCP) said it wants to delist through an off-market equal access share buyback, subject to shareholder approval at the ...

ASIC names new default super fund

JAMIE WILLIAMSON  |  TUESDAY, 28 MAY 2019
The corporate regulator has named the superannuation fund its employees will now be defaulted into. From July 1, new employees of ASIC who do not nominate a superannuation fund will be defaulted into AustralianSuper. From that time, ASIC will employ ...

Government to revisit retirement incomes

KARREN VERGARA  |  MONDAY, 27 MAY 2019
The newly elected Federal Government has vowed to review the retirement income system and the numerous changes to superannuation that have been muted in the lead up to the election. Federal Treasurer Josh Frydenberg confirmed to the Australia Financial ...

ASIC bans adviser over super theft

ELIZABETH MCARTHUR  |  THURSDAY, 23 MAY 2019
ASIC has banned a financial adviser who stole clients' superannuation savings. Daniel McSweeny was banned from managing companies for five years after ASIC determined he disregarded his duties as a director. Last year he was charged with 20 dishonesty ...