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Showing 171 - 180 of 808 results for "Group of 20"

Results out: 13 funds fail YFYS performance test

KANIKA SOOD  |  TUESDAY, 31 AUG 2021
Big names like Colonial First State's FirstChoice, BT Super and Christian Super are among the 13 superannuation funds that failed APRA's inaugural performance test. In all, APRA tested 76 MySuper products in this round, of which 13 failed. This ...

Pinnacle distribution director exits

JAMIE WILLIAMSON  |  MONDAY, 30 AUG 2021
After more than six years in the role, Pinnacle Investment Management's director of distribution has left the business. Matt Dell finished up with Pinnacle on August 27, having first joined the firm in April 2015. Prior to that he spent close to seven ...

Consumer group slams super self-assessments

ELIZABETH MCARTHUR  |  MONDAY, 30 AUG 2021
Super Consumers Australia has slammed super funds' member outcomes assessments (MOAs), finding several funds claiming to be acting in members' best interests even when fees are high and performance is lacklustre. Super Consumers Australia looked ...

Investors lose in viral stock picks

ELIZABETH MCARTHUR  |  THURSDAY, 5 AUG 2021
According to new analysis, stock picks which became popular on Facebook, Reddit and Twitter were almost guaranteed to see investors lose money. OpenMarkets Group (OMG) looked at trending stocks across Facebook, Reddit and Twitter - particularly those ...

Aware Super, VISSF merger to proceed

JAMIE WILLIAMSON  |  THURSDAY, 29 JUL 2021
After four months of due diligence, the two super funds have confirmed they will merge before the end of the year. In a joint statement, Aware Super and the Victorian Independent Schools Superannuation Fund (VISSF) said the merger will create the largest ...

ID_Land expands into funds management

ELIZABETH MCARTHUR  |  WEDNESDAY, 28 JUL 2021
Property developer ID_Land announced it is getting into private funds management, targeting Australia's high-net-worths. The company has launched Title Capital, a capital raising and funds management arm that will offer direct investment opportunities ...

NSX partners with retail platform

ANNABELLE DICKSON  |  MONDAY, 26 JUL 2021
The National Stock Exchange is partnering with online retail broking platform Marketech, to give smaller companies access to capital. The partnership aims to improve liquidity for emerging Australian companies and allowing active traders to have real ...

MySuper performance soars

ANNABELLE DICKSON  |  FRIDAY, 9 JUL 2021
MySuper options have delivered the best annual financial returns in over three decades, new research shows. The latest data from Rainmaker Information's Default MySuper Index recorded 2020/21 financial year returns of an average of 18%, after all fees ...

Louise Walsh launches Walsh Capital

ELIZABETH MCARTHUR  |  WEDNESDAY, 7 JUL 2021
Former Future Generation chief executive Louise Walsh is branching out independently, launching Walsh Capital. Walsh Capital will provide bespoke capital raising for a select group of boutique investment managers, typically managers which have been ...

Stop abusers hiding super: AIST

ELIZABETH MCARTHUR  |  FRIDAY, 2 JUL 2021
The Australian Institute of Superannuation Trustees (AIST) is calling on Parliament to ensure abusive partners cannot hide their super from domestic violence victims. In a submission, AIST supported the proposed Treasury Laws Amendment (Measures for ...