Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1851 - 1860 of 8609 results for "DIF"

J.P. Morgan joins OpenInvest

ELIZABETH MCARTHUR  |  FRIDAY, 29 OCT 2021
J.P. Morgan Asset Management has joined OpenInvest, giving retail investors access to its multi-asset model portfolios. J.P. Morgan Asset Management joins BlackRock and Schroders on the digital marketplace, which enables self-directed retail investors ...

Sunsuper, QSuper merger legislation passes

JAMIE WILLIAMSON  |  THURSDAY, 28 OCT 2021
The legislation that will see the merger of Sunsuper and QSuper through was passed this week. The Superannuation (State Public Sector) (Scheme Amendment) Bill 2021 was passed by the Queensland Parliament on October 26, enabling the merger. The bill ...

Morningstar launches multi-asset indexes

ELIZABETH MCARTHUR  |  THURSDAY, 28 OCT 2021
Morningstar has launched new target allocation indexes to benchmark multi-sector funds in Australia and New Zealand. The launch of the Morningstar Australia and New Zealand Target Allocation Index Family follows recent research from the rating house ...

Unpaid super tops $5bn per year: ISA

JAMIE WILLIAMSON  |  THURSDAY, 28 OCT 2021
Latest analysis by Industry Super Australia shows about $5 billion in super went unpaid in the 2018-19 financial year, owed to about three million workers. On average, Australian workers lose about $1700 in superannuation each year, ISA said, amounting ...

SCA slams five super funds' junk insurance

KARREN VERGARA  |  THURSDAY, 28 OCT 2021
Super Consumers Australia is calling out several superannuation funds for maintaining junk insurance that embed restrictive disability tests. NGS Super, AMP, TelstraSuper, Prime Super and Spirit Super carry the most restrictive insurance policies compared ...

Unlisted asset valuation processes largely inadequate: APRA

JAMIE WILLIAMSON  |  WEDNESDAY, 27 OCT 2021
In reviewing decisions made by super funds in relation to unlisted assets early last year, APRA has found an overreliance on external parties like fund managers and asset consultants by some, possibly to the detriment of members. It also found instances ...

No proof of member benefit: APRA on super fund spends

JAMIE WILLIAMSON  |  TUESDAY, 26 OCT 2021
APRA has found instances of expenditure by superannuation funds that does not meet the best financial interests of members, including sponsorship deals and advertising spends with no evidence of member benefit. Releasing its review of RSE licensee marketing ...

AFCA appoints senior ombudsmen

JAMIE WILLIAMSON  |  TUESDAY, 26 OCT 2021
In what is a newly created role at the industry body, internal promotions have seen the appointment of seven senior ombudsmen. The Australian Financial Complaints Authority has created the new role to strengthen its dispute resolution efforts, with ...

Green office buildings command 18% premium

ELIZABETH MCARTHUR  |  TUESDAY, 26 OCT 2021
Institutional property investors might be able to flip entire office buildings for a profit as effectively as renovation-loving homeowners, so long as they go green. That is according to new research from Knight Frank, which found office buildings in ...

MLC Life wins group mandate

JAMIE WILLIAMSON  |  FRIDAY, 22 OCT 2021
MLC Life has been handed a new group insurance mandate from a retail superannuation provider. Going forward, MLC Life will provide group insurance cover to members of GROW Super, Superhero, the Allan Gray Superannuation Fund and several others after ...