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Showing 1851 - 1860 of 7035 results for "December"

Spitfire loses top executives

ELIZA BAVIN  |  WEDNESDAY, 4 MAR 2020
... officer within months of them joining the platform provider. Former chief executive John Shuttleworth left the business in December last year after being appointed to the top role only two months prior. Former chief product officer Anil Sagaram has also ...

Industry fund winds up infrastructure option

JAMIE WILLIAMSON  |  TUESDAY, 3 MAR 2020
... option has not achieved the necessary scale required to deliver long-term cost and performance benefits to members. At December end, the unlisted infrastructure option had $3 million in funds under management, according to Rainmaker data. Media Super ...

Pinnacle boutique eyes wholesale market

KANIKA SOOD  |  TUESDAY, 3 MAR 2020
... airports, ports, renewable energy and social infrastructure. It delivered total return of 12.7% per annum, over five years to December end. Of this, 8.9% is gross annualised income. Its usual investor base includes superannuation funds, charitable foundations ...

Colonial First State cuts fees, closes legacy options

KANIKA SOOD  |  TUESDAY, 3 MAR 2020
... reductions. CFS trimmed platform fees in June last year, followed by starting the removal of grandfathered fees announced in December. So far, it has cut fees for 770,000 members, it said today. CFS general manager of marketing and product Kelly Power ...

IOOF restructures leadership team

HARRISON WORLEY  |  MONDAY, 2 MAR 2020
... last year, which was said to be finalised when the firm appointed a new chief financial officer and general counsel in December. However, the firm's latest string of senior leadership changes appear to be in response to its acquisition of ANZ's Pension ...

TAL loses super fund mandate

JAMIE WILLIAMSON  |  MONDAY, 2 MAR 2020
... superannuation in ASX listed shares and more than 150 wholesale funds. It merged with AMG Super in November 2018. In December, TAL was cut as group insurer for TelstraSuper after 13 years.

Cbus overhauls insurance offering

JAMIE WILLIAMSON  |  MONDAY, 2 MAR 2020
... claim process," the fund said. Cbus is home to more than 761,000 members and $52 billion in funds under management. In December 2019, Cbus said half of all its members have less than $27,000 in their account.

How to ensure clients will pay higher fees

ELIZABETH MCARTHUR  |  FRIDAY, 28 FEB 2020
... phase. The banning of agreed value income protection from 1 April 2020, banning of grandfathered commissions from 31 December 2020, new annual renewal obligation starting this year and the completion of FASEA education requirements will all add complications ...

ETF popularity soars 52%

ALLY SELBY  |  FRIDAY, 28 FEB 2020
... popularity is here to stay, with cost playing a major role. The average fee for a strategic-beta ETF is 0.44% (as of December 2019, according to Morningstar Direct), which is only 0.08% higher than its traditional passive rival. "Another attractive feature ...

Challenger boutique winds up fund

KANIKA SOOD  |  THURSDAY, 27 FEB 2020
... RealIndex Investments. Kinetic is one of the Fidante's 17 boutique partners, who together manage over $62.7 billion at December end, after picking up $1.9 billion in net inflows during the second half. Fidante reported $45.5 million in net income for ...