Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 181 - 190 of 257 results for "Equate"

IFM to cut fees after pricing review

ALICE URIBE  |  FRIDAY, 7 JUN 2013
Industry Funds Management (IFM), which oversees $44 billion in assets, is ready to set a date for its wide-ranging fee reduction, almost two years after announcing a pricing review. The Global Pricing Review was first announced in November 2011 and ...

Challenger in $602m alliance with Federation shopping malls

MARK SMITH  |  THURSDAY, 6 JUN 2013
Challenger has entered into an agreement to buy half shares in six Federation shopping malls in a deal worth $602 million. The asset manager will take a 50% stake in regional shopping centres in Bankstown and Roselands in New South Wales as well as ...

Low balance members hit with fees under super changes

ALICE URIBE  |  MONDAY, 8 APR 2013
Extra administration costs borne out of the federal government's proposed superannuation changes could be passed onto all superannuation fund members, even those with small balances, according to Deloitte. The government has said that the proposed loss ...

Economic indicators defy equities upside: Schroders

MARK SMITH  |  WEDNESDAY, 17 OCT 2012
... of global banks as distorting influences on the market. However, he still insists that these factors do not necessarily equate to investment losses. "Fundamentals haven't changed much; bonds look expensive and on any traditional measure equities look ...

Public pension deficit exceeds $1trn

MARK SMITH  |  TUESDAY, 16 OCT 2012
The 100 largest US-based public pensions face a funding deficit of $1.2 trillion, $300 billion more than the pension providers have reported themselves, according to a new study by Milliman. The consulting and actuarial firm's first Public Pension Funding ...

Non-aligned advisers driving new platforms

ALEX DUNNIN  |  THURSDAY, 11 OCT 2012
There are now an estimated 5,300 non-aligned financial advisers in Australia, a figure that has been revised upwards by Rainmaker in response to recent takeovers and expanding research coverage. This new figure equates to 29% of advisers of Australia ...

Liquidity comes at a price: Certitude

MARK STORY  |  THURSDAY, 4 OCT 2012
... true absolute return fund. And contrary to conventional investor wisdom, he says daily liquidity in isolation does not equate to instant fund access. "The truth is that these funds cannot liquidate the entirety of their assets in 24 hours and return ...

Bond boom or bust?

BENJAMIN ONG  |  TUESDAY, 4 SEP 2012
We've peered through the Hole and we saw something - we think. Now it's the Europeans turn. Yes Virginia, the Europeans are back in town! And yes, Virginia, we can tell because we're hearing the same rhetoric from the usual suspects being replayed on ...

MySuper Bill could expose individual trustees to legal action

BEN COLLINS  |  MONDAY, 13 AUG 2012
Superannuation reforms could leave individual trustees open to litigation, causing a group of representative bodies to write to the Federal Government to voice their concerns. In a joint submission, the Australian Institute of Superannuation Trustees ...

SPAA brands SuperStream costs illogical

LINDA HAUSKEN  |  WEDNESDAY, 27 JUN 2012
... fundamentally flawed. "If SMSFs were to pay an extra $38 million in levies to help cover the cost of SuperStream, it would equate to about $80 for each fund in the sector." Slattery said as most SMSFs have only one or two members, it would mean each ...