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Showing 1951 - 1960 of 3939 results for "USI"

Experts give insights at 2016 Managed Accounts Forum

JAMIE WILLIAMSON  |  SUNDAY, 11 SEP 2016
More than 200 delegates attended the recent 2016 Financial Standard Managed Accounts Forum, hosted at the Grand Hyatt in Melbourne. The event program was jam-packed with presentations and panel session discussions featuring some of the industry's most ...

Unclear disclosure leads to $20 million in refunds

JAMIE WILLIAMSON  |  THURSDAY, 8 SEP 2016
Westpac has been forced to refund approximately $20 million in wrongfully charged credit card fees. The bank recently reimbursed around 820,000 customers after it failed to clearly disclose the types of credit card transactions that attract foreign ...

Legg Mason Brandywine fund gets top rating again

MARK SMITH  |  WEDNESDAY, 7 SEP 2016
The Legg Mason Brandywine Global Opportunistic Fixed Income Trust has been awarded a "Highly Recommended" rating by Lonsec for a third straight year. The rating coincides with the fund surpassing $500 million in assets under management in Australia ...

ING DIRECT pays up for "no fees" super marketing

MARK SMITH  |  WEDNESDAY, 7 SEP 2016
ING DIRECT is returning a total of $5 million to members of its superannuation fund, Living Super, and will no longer promote the product as having "no fee" after the financial services regulator raised concerns about how fees on its cash option were ...

Disclosure deadlines present super challenge

DARREN SNYDER  |  WEDNESDAY, 7 SEP 2016
Superannuation has recently received plenty of oxygen in the political atmosphere and fund disclosure is yet another bubble quickly rising. As super funds and regulators work towards several disclosure deadlines in 2017, industry representative groups ...

Act now to ensure super sustainability: Cooper

MARK SMITH  |  TUESDAY, 6 SEP 2016
BT Financial Group chief executive Brad Cooper has called on the government to raise the super guarantee to 12% and limit reviews of superannuation policy to once every five years. In a speech at a Trans-Tasman Business Circle event in Sydney's Barangaroo ...

Negative rates can generate positive returns

DARREN SNYDER  |  TUESDAY, 6 SEP 2016
QSuper has positioned about one-fifth of its investment portfolio in fixed income with the view it diversifies against equities and prepares for ongoing global monetary policy shifts. The fund's head of investment strategy, Damian Lillicrap, said QSuper ...

New trustee launches managed investment schemes

DARREN SNYDER  |  THURSDAY, 1 SEP 2016
A newly formed corporate trustee and responsible entity services provider is launching two retail managed investment schemes in partnership with Arminius Capital Management. Sydney-based Evolution Trustees is partnering with the Brisbane-based investment ...

New platform allows super funds to share data with partners

MARK SMITH  |  WEDNESDAY, 31 AUG 2016
Data specialist Empirics has launched a new platform, MarketSuite Alliance, to enables super funds and their business partners to collaborate with their data in a secure and encrypted environment to help improve member retention and satisfaction. Empirics ...

Storm Financial investor slams court decision

ALEX BURKE  |  MONDAY, 29 AUG 2016
The joint chair of the Storm Investors Consumer Action Group has criticised the Federal Court's recent ruling against Storm Financial. Seven years after going into administration, Storm Financial has been found by the court to have provided inappropriate ...