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Showing 1931 - 1940 of 5260 results for "SCA"

EISS Super, TWUSUPER explore merger

KANIKA SOOD  |  TUESDAY, 13 APR 2021
The two industry superannuation funds have signed a memorandum of understanding to weigh a potential merger. If the merger proceeds, the combined fund will have about 130,000 members and $12 billion in funds under management. In a joint statement, the ...

Vanguard appoints super administrator

KANIKA SOOD  |  MONDAY, 12 APR 2021
Vanguard has appointed an administrator for its soon-to-be-launched superannuation business in Australia. GROW Inc (formerly Grow Super) was appointed Vanguard's administrator for its superannuation offering last month, taking the contract from ...

Yarra completes acquisition

KARREN VERGARA  |  MONDAY, 12 APR 2021
Yarra Capital Management has completed the acquisition of Nikko Asset Management's Australian business, which was announced on March 2. Yarra will soon revive Nikko AM's former name Tyndall Investment Management, which was removed in September 2014 ...

Super funds need to get on board with crypto: Carnegie

ELIZABETH MCARTHUR  |  MONDAY, 12 APR 2021
Ahead of the launch of his new digital assets fund, investment banker Mark Carnegie has warned that Australian super funds need to get on board with cryptocurrencies. Carnegie is launching the MHC Digital Asset Fund, in partnership with blockchain expert ...

Implemented Portfolios adds to team

ANNABELLE DICKSON  |  THURSDAY, 8 APR 2021
The managed discretionary account operator has made a key appointment to its portfolio management team and two hires for a newly created role in its distribution team. Anton Hermanto has been appointed as custody and administration manager and joins ...

Pensions for Purpose eyes Australia

KANIKA SOOD  |  WEDNESDAY, 7 APR 2021
The ESG-focused think tank has appointed an Australian distributor. It is looking to expand into Australia via a partnership with Melbourne third-party distributor AFM Investment Partners. AFM's founder and managing director John Donovan will join Pensions ...

Aussies to lose $100m to fraudsters

KARREN VERGARA  |  THURSDAY, 1 APR 2021
Investment scams robbed Australians $65 million last year and are tipped to lose up to $100 million in 2021. This is according to Finbold, which found that investment fraud was the number one scam that prey Australians. Dating and romance scams (23%) ...

Vanguard targeted in bond fund scam

KANIKA SOOD  |  WEDNESDAY, 31 MAR 2021
Vanguard is the latest fund manager to have its branding used by scammers spruiking fraudulent bond funds. The asset manager said scammers are buying advertisements on search engines for terms relating to "bond or high yield investments". When a person ...

DDO to simplify general, personal advice

ANNABELLE DICKSON  |  TUESDAY, 30 MAR 2021
The outcome of the High Court decision on general advice will have an interesting and simplifying effect on the design and distribution obligations coming into effect later this year, according to a lawyer. Speaking at a Financial Services Council (FSC) ...

AMP, Ares deal up in the air

ANNABELLE DICKSON  |  MONDAY, 29 MAR 2021
AMP has concluded its exclusivity period with Ares Management raising uncertainty as to whether the acquisition of AMP Capital's private markets business will go ahead. As previously announced, both firms are pursuing a joint venture where Ares will ...