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Showing 171 - 180 of 704 results for "Tasman"

Wealth manager launches new platform

ELIZA BAVIN  |  THURSDAY, 12 DEC 2019
A Tasmania-based wealth manager has announced the launch of a new managed fund platform and appointed a custodian. MyState's wealth management business, TPT Wealth, has launched a new platform to provide managed fund investors with national digital ...

Tasplan chief to exit, merger confirmed

KANIKA SOOD  |  FRIDAY, 29 NOV 2019
The chief executive of $10 billion Tasplan Super is set to exit the fund, as Tasplan and MTAA Super commit to merge on October 2020. Current Tasplan chief executive Wayne Davy will stay on until the merger date. However, starting next October, MTAA ...

Platform hires former Netwealth distribution head

JAMIE WILLIAMSON  |  THURSDAY, 14 NOV 2019
The former head of distribution for Netwealth has taken on a newly created role with a rival managed accounts and platform provider. Nick Mitchell has been appointed co-head of distribution at Mason Stevens. In the new role, Mitchell will be responsible ...

AFCA delivers $185m in compensation

ELIZABETH MCARTHUR  |  FRIDAY, 1 NOV 2019
The Australian Financial Complaints Authority has delivered $185 million in compensation to consumers in its first year of operation. AFCA received a 40% uptick in complaints compared to previous complaints schemes. About 77% of complaints lodged have ...

New open ended fund launches

ELIZABETH MCARTHUR  |  WEDNESDAY, 9 OCT 2019
A trans-Tasman asset manager is launching a new fund for Australian investors. Milford Asset Management announced the launch of the Milford Dynamic Fund, saying it will build on the momentum generated by the Milford Australian Absolute Growth Fund. ...

Chief economist update: When monetary and fiscal policies don't meet

BENJAMIN ONG  |  TUESDAY, 8 OCT 2019
He said, he said. This must be a thing now. Just as US President Trump and his central bank governor Jerome Powell don't see eye to eye with the conduct of government and monetary policies, there is no meeting of the minds between Australian Prime ...

Macquarie, Tasplan and QIC shuffle airports

HARRISON WORLEY  |  WEDNESDAY, 2 OCT 2019
Macquarie's infrastructure arm picked up one airport, and dumped another. In the space of only a couple of days, Macquarie Infrastructure and Real Assets purchased the United Kingdom's only dedicated business airport, Farnborough Airport and sold its ...

SG increase will not help women: Treasury

KANIKA SOOD  |  FRIDAY, 27 SEP 2019
Forty percent of single women are estimated to retire in poverty, but Treasury think increasing the superannuation guarantee won't do much for women's lower superannuation balances. February documents released by the Treasury under freedom of information ...

Who foots the bill when super funds merge?

KANIKA SOOD  |  WEDNESDAY, 4 SEP 2019
Who pays the costs of a merger, REST chair Ken Marshman asked panelists involved in superannuation mergers at the Australian Superannuation Investment Conference yesterday. The panel discussed how mergers will impact the investment strategy of superannuation ...

Merger costs may impact short-term returns: ASI

KANIKA SOOD  |  WEDNESDAY, 4 SEP 2019
Merging superannuation funds may see a one-off dip in their investment performance as they recoup transition costs, according to a panel at the 2019 Australian Superannuation Investment Conference. Appearing on the panel, Tasplan chair Naomi Edwards ...