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Showing 171 - 180 of 1907 results for Laura Millan

Women fail to break into the industry's last boys club

LAURA MILLAN  |  TUESDAY, 8 SEP 2015
The Australian funds management industry is failing to attract female fund managers, even if research proves that gender diverse investment teams outperform those who are male-only. At a time when the financial services sector is pushing to increase ...

MySuper fees force super fund to exit high return strategy

LAURA MILLAN  |  MONDAY, 7 SEP 2015
The requirement to charge low fees under MySuper has forced one superannuation fund to exit a Principal Global Investments (PGI) strategy that had returned 13% over five years. PGI chief executive in Australia Grant Foster said that the super fund pulled ...

S&P launches sinner-free index

LAURA MILLAN  |  MONDAY, 7 SEP 2015
S&P Dow Jones Indices has launched a sinner-free index that includes the S&P500 companies whose practices adhere to Catholic values, and exclude those who don't. The S&P500 Catholic Values Index is the first Catholic index that uses the S&P500 as a ...

Advisers key to encourage charitable giving

LAURA MILLAN  |  MONDAY, 7 SEP 2015
Less than 10% of Australians leave a charitable gift in their will, but financial advisers could help change that. According to Perpetual, 87% of Australians support a charity during their lifetime, but the percentage shrinks to 29% for people that ...

ANZ restructures advice licensees

LAURA MILLAN  |  FRIDAY, 4 SEP 2015
ANZ will bring together the management teams of two of its financial planning licensees and as a result Millennium3 chief executive Richard Klipin will step down from his role. ANZ will consolidate the management teams of Millennium3 and Financial Services ...

Failure to monitor ESG may breach fiduciary duty

LAURA MILLAN  |  FRIDAY, 4 SEP 2015
A United States Supreme Court ruling has cleared the way for actions against institutions that fail to monitor the effects that climate change has on their portfolios. The Supreme Court held on 18 May 2015 that trustees have a fiduciary duty, emanating ...

MyPension product to solve retirement income hurdle

LAURA MILLAN  |  THURSDAY, 3 SEP 2015
Superannuation industry heavyweights have collectively called for a MySuper-like product to simplify retirement income for retirees. "There are $430 billion worth of superannuation savings sitting in [MySuper] products where pretty much everything is ...

Sigma wins industry fund equities mandate

LAURA MILLAN  |  THURSDAY, 3 SEP 2015
Boutique firm Sigma Funds Management has won an Australian equities mandate from a Sydney-based industry superannuation fund. The mandate goes to Sigma's Select strategy, a high conviction broad cap value strategy that has outperformed the S&P/ASX300 ...

Highest paid industry CEOs revealed

LAURA MILLAN  |  THURSDAY, 3 SEP 2015
Australia's most handsomely paid chief executives received eight figure salaries in 2014, the latest research from the Australian Council of Superannuation Investors (ACSI) revealed. The ACSI 'CEO Pay in ASX 200 Companies' report A looked at the earnings ...

Adviser linked to Spring FG banned for document forgery

LAURA MILLAN  |  THURSDAY, 3 SEP 2015
A financial adviser has been permanently banned from the industry for falsifying Westpac finance letters to get more commissions. He was an employee of Murphy Dawson Partners, which was an authorised representative of Spring Financial Group between ...