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Showing 2081 - 2090 of 5920 results for "March 27"

SMSFs too conservative: Poll

KARREN VERGARA  |  MONDAY, 27 AUG 2018
More than half (54%) of the respondents in Financial Standard's latest spot poll believe self-managed super funds are too conservative when it comes to allocating assets. Only a third (33%) said they were content with the allocation strategies and will ...

Blue Sky offloads six funds

KARREN VERGARA  |  FRIDAY, 24 AUG 2018
Beleaguered Blue Sky Alternative Investments will sell its retirement living funds and its 50% stake in Aura Holdings, the operator of the retirement living business. Blue Sky today announced it signed a binding agreement with an offshore institutional ...

Life insurance sector strengthens

KARREN VERGARA  |  FRIDAY, 24 AUG 2018
The life insurance industry turned in a solid FY18, latest APRA statistics show. In the year to 30 June 2018, life insurers' total revenue stood at $37.6 billion, up 11.5% higher than the previous corresponding period. This was driven by net policy ...

BetaShares wins insto allocation

KANIKA SOOD  |  THURSDAY, 23 AUG 2018
... manager has also been on a product launch spree. It launched more products than any other ETF manager in the year ending March - and more like the A200 have followed since then. This week the manager said it would launch three new tech ETFs that had ...

HUB24 lifts targets

KANIKA SOOD  |  MONDAY, 20 AUG 2018
HUB24 has lifted its revenue targets for the next three years, as it its platform and advice licensee swelled their revenues in FY18. It is now expecting to hit $19-$23 billion in funds under advice in by FY21, as opposed to its last year's forecast ...

Former Magellan executive appointed to Contango board

KANIKA SOOD  |  FRIDAY, 17 AUG 2018
Contango Asset Management has snapped up a former Magellan C-suite executive as an independent director. Nerida Campbell is joining Contango Asset Management's board as an independent non-executive director. She held key executive roles at the Hamish ...

Chief economist update: Look ma, inflation ate my wages

BENJAMIN ONG  |  THURSDAY, 16 AUG 2018
"Wage growth in Australia has grown at an annual rate of 2.1%, continuing to stabilise between 2-2.1% over the past four quarters." That's the positive spin from ABS chief economist Bruce Hockman. Not necessarily negative - wages are still growing ...

AFIC appoints chair

KANIKA SOOD  |  WEDNESDAY, 15 AUG 2018
Australia's oldest listed investment company is seeing a change of guard in its corporate governance as the current chair retires after 34 years on the board. Terrence Campbell will not seek re-election at the October 9 annual general meeting of the ...

Super fees outpace asset growth: Research

KARREN VERGARA  |  MONDAY, 13 AUG 2018
The rate at which superannuation funds slug members fees is growing faster than the underlying assets being managed, latest research shows. Rainmaker Information's March quarter Benchmarking report shows members paid a total of $32 billion in super ...

Financial crime taskforce puts two behind bars

KARREN VERGARA  |  MONDAY, 13 AUG 2018
The Serious and Financial Crimes Taskforce has helped put two men behind bars for laundering money and evading tax. Anthony Castagna and Robert Agius, both from New South Wales, were sentenced to seven years' imprisonment each. The pair used an ...