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Showing 1741 - 1750 of 3459 results for "Scale"

Grow Super hires Qantas Super executive

KANIKA SOOD  |  MONDAY, 2 DEC 2019
... services business. "We are talking to a number of clients, both industry and retail funds...It's a whole difference scale question between a superannuation fund and an administration business," Wilson said. Wilson said the new business' clients ...

Enforcement appetite is working: APRA

ELIZA BAVIN  |  MONDAY, 2 DEC 2019
... continue to emerge in the financial services industry is concerning. "Last month, APRA published its plans to significantly scale up the intensity of its supervision in this area," he said. "Our intensified approach establishes a supervisory framework ...

Tasplan chief to exit, merger confirmed

KANIKA SOOD  |  FRIDAY, 29 NOV 2019
... control of our destiny, and member outcomes," the two chairs said in a joint statement. The two funds said the combined scale will provide efficiencies that can be passed on to members through improvements to products and services, low fees and strong ...

Active fixed income funds review fees

KANIKA SOOD  |  WEDNESDAY, 27 NOV 2019
... investment decision making to consultants and managed accounts providers who can negotiate fees on the back of their much-larger scale. "It's hard to crystal gaze but wholesale and retail channel is really going down the managed accounts path and it ...

Advice associations welcome ASIC stance

HARRISON WORLEY  |  WEDNESDAY, 27 NOV 2019
Australia's peak financial planning bodies have welcomed ASIC's stance on the Financial Planners and Advisers code of ethics, however remain concerned about the workability of certain standards. In separate statements, both the Financial Planning Association ...

AIST finds issues with FASEA code

ELIZABETH MCARTHUR  |  MONDAY, 25 NOV 2019
The Australian Institute of Superannuation Trustees has written to FASEA chief executive Stephen Glenfield seeking clarification on how key points of the Code of Ethics will apply to intra-fund advice. Responding to the guidance on the code, AIST chief ...

QSuper, Sunsuper not committed to merger

HARRISON WORLEY  |  FRIDAY, 22 NOV 2019
... arrangement," Pennisi said. Wilson asked if an arrangement could amount to the two super funds pooling member savings to achieve scale benefits, and Pennisi replied it was one among a series of options available to the funds. "Or joining together for ...

Cbus, UniSuper back new housing bond

KANIKA SOOD  |  THURSDAY, 21 NOV 2019
... to invest in social and affordable housing in Australia and NHFIC's bonds provide them with an opportunity to do this at scale." Cbus chief investment officer Kristian Fok said the fund is a second-time investor in NHFIC's social and affordable housing ...

Media Super winds up income investment option

ELIZABETH MCARTHUR  |  MONDAY, 18 NOV 2019
... ongoing low bond yield market environment will continue to impact the distributable income and we anticipate the option's scale benefits will be reduced in the future." Rainmaker analysis indicates the Media Super Income Plus option stood at just over ...

Hume blasts super merger laggards

HARRISON WORLEY  |  FRIDAY, 15 NOV 2019
... question: should that fund merge?" Hume asked. But the Senator said a long tail of underperforming funds - many of which are sub-scale - still remain in the industry, and called on the trustees of such funds to consider "dispassionately" what the right ...