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Showing 2011 - 2020 of 4777 results for "July 11"

Productivity Commission addresses superannuation lottery

DARREN SNYDER  |  TUESDAY, 29 MAY 2018
The Productivity Commission recommends an independent review of insurance in superannuation; that Australians enter default super once; and that super funds disclose trailing financial adviser commissions. These are a few of the 22 recommendations in ...

Ausbil builds out team for new strategy

ALEX BURKE  |  MONDAY, 28 MAY 2018
Ausbil has made four appointments to manage its new global listed infrastructure strategy. Joining as portfolio manager is Tim Humphreys, who was previously head of global infrastructure at AMP Capital. He has also held roles at RARE and Rothschild ...

Molopo restrained ahead of AGM

ALEX BURKE  |  THURSDAY, 24 MAY 2018
The Takeovers Panel has ruled that, as per an application for an interim order by Aurora Funds Management, Molopo Energy will be unable to make any payment or incurring any liability of more than $175,000. Both Aurora and Keybridge Capital are substantial ...

ANZ dealer group chief departs

JAMIE WILLIAMSON  |  THURSDAY, 24 MAY 2018
The chief executive of several ANZ-aligned advice dealer groups is joining Australian Unity. Millennium3 and Financial Services Partners chief executive Matt Brown has been appointed to lead Australian Unity's financial advice division. As executive ...

Industry fund awards currency mandate

HARRISON WORLEY  |  THURSDAY, 24 MAY 2018
A $55 billion profit-for-members fund has awarded a $350 million mandate to a global currency manager. Sunsuper awarded the active currency mandate to Record Currency Management, which the fund hopes will generate risk-adjusted returns using the manager's ...

Spaceship looks outside of superannuation

KANIKA SOOD  |  WEDNESDAY, 23 MAY 2018
Spaceship, which at last count managed about $198 million of millennial superannuation, is branching out into investment products with two new launches. The company quietly rolled out two low-fee funds in April under the Spaceship Voyager brand. The ...

Chief economist update: Forget asking for a pay rise

BENJAMIN ONG  |  FRIDAY, 18 MAY 2018
It's good and...it's bad. The statistician's estimates of the Australian labour market for April provide something to crow about for the optimists and the pessimists alike. As the bulls would have it (that includes the Coalition government ...

Industry fund drops admin fees

JAMIE WILLIAMSON  |  THURSDAY, 17 MAY 2018
The members of a $20 billion industry superannuation fund will benefit from a reduction in administration fees following a review. VicSuper has lowered administration fees across its FutureSaver and Flexible Income accounts. Fees for the former have ...

Kelly+Partners to build Melbourne presence

ALEX BURKE  |  WEDNESDAY, 16 MAY 2018
Kelly+Partners will open a Melbourne office in July and has appointed two people to lead its private wealth and accounting businesses there. The Melbourne office will be located at 333 Collins Street. The chartered accounting division will be led by ...

Keybridge outraged at latest Molopo transaction

ALEX BURKE  |  MONDAY, 14 MAY 2018
Keybridge Capital said its "concerns have now turned to outrage" as Molopo Energy, in which it has a 20% ownership stake, revealed another US$23 million transaction in an asset the manager considers worthless. This transaction with Drawbridge Energy ...