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Showing 1971 - 1980 of 4848 results for "super funds"

Royal Commission bad for super: Switzer

ALEX BURKE, JAMIE WILLIAMSON  |  FRIDAY, 27 APR 2018
... spectacle surrounding the hearings would have deleterious effect on bank stocks. "I know this sounds so gratuitous but our super funds make us accessories before the fact," he said. "We expected great returns and as the biggest owners of banks, collectively ...

Advice firm impersonated clients

JAMIE WILLIAMSON  |  THURSDAY, 26 APR 2018
... answered: "I don't recall, but most likely." A total of six phone calls were made by Henderson Maxwell staff to McKenna's super funds between November 2016 and January 2017, most during the preparation of a Statement of Advice which was later deemed ...

Unions lobby super sector to cut big bank, AMP ties

JAMIE WILLIAMSON  |  TUESDAY, 24 APR 2018
... funds alone held about $120 billion and it suggests about $40-50 billion invested in bank stocks comes from these super funds. Supporting this, a 2017 Rainmaker pilot study of portfolio holdings disclosure by super funds found the big four banks were ...

Industry fund signs on to insurance code

HARRISON WORLEY  |  THURSDAY, 19 APR 2018
... and to giving them access to excellent service when they apply for insurance or make a claim," Smith said. He added super funds have the capacity to provide cover that many people would not access normally. "AT REI Super we recognise that cost effective ...

AI comes to SMSF administration

HARRISON WORLEY  |  WEDNESDAY, 18 APR 2018
... assistant has been integrated into the SMSF software solution used to administer more than 70% of the 600,000 self-managed super funds in Australia. In a reported first for SMSF administration software, BGL has integrated an AI assistant into its Simple ...

SMSF home bias drags returns

KARREN VERGARA  |  TUESDAY, 17 APR 2018
Self-managed super funds' home bias dragged returns for the sector in the 12 months to February, latest SuperGuard 360 research shows. According to the SG360 SMSF Reference Index, SMSFs generated a 5.5% return (before fees and tax) - well below the ...

LGIAsuper appoints chief executive

KANIKA SOOD  |  MONDAY, 16 APR 2018
... billion. "His leadership helped LGIAsuper emerge from the Global Financial Crisis as one of Australia's best-performing super funds," Smith said at the time. "With David focusing on investments, Noonan shaping organisational culture and a new chief executive ...

SMSFs investing restrictions unfair: Poll

KARREN VERGARA  |  MONDAY, 16 APR 2018
Self-managed super funds have been unfairly subjected to too much red tape, according to Financial Standard's latest survey. Last week's poll reveals more than half (51%) of readers believe SMSFs bear the brunt of numerous government restrictions and ...

Industry fund adds board director

JAMIE WILLIAMSON  |  FRIDAY, 13 APR 2018
... Darmanian said. The industry fund has experienced rapid growth in recent years. In the 12 months to June 2017, Vision Super funds under management increased 162%, reflective of a 23% rise in Vision Personal membership. In December 2017, Vision Super ...

Open banking data to become super fund value add: QMV

KANIKA SOOD  |  FRIDAY, 13 APR 2018
... integrate open banking data to improve their services even before open data frameworks officially hit the super industry. Super funds will be the "next logical step" after open banking has been implemented in banking services, utilities and telecommunications ...