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Showing 2191 - 2200 of 9740 results for "Major"

Advice chief leaves industry fund giant

HARRISON WORLEY  |  THURSDAY, 30 APR 2020
The financial advice chief of a major industry superannuation fund has departed, as the fund's leadership shuffles. UniSuper chief of financial advice John (Jack) McCartney left the $86 billion industry fund late last month, after more than six ...

Former Spectrum Wealth, NAB advisers banned

ELIZA BAVIN  |  THURSDAY, 30 APR 2020
... circumstances, and to appropriately scope the advice," ASIC said. The banning of Thomas falls within ASIC's Wealth Management Major Financial Institutions Portfolio. The portfolio focuses on the financial services conduct of Australia's largest ...

Best MySuper products revealed

ELIZABETH MCARTHUR  |  THURSDAY, 30 APR 2020
Rainmaker's latest MySuper benchmarking report has seen industry funds on top for market share and performance as at December end. For MySuper products with a single investment strategy (as opposed to lifecycle products) AustralianSuper was on top. ...

Aussie equities winners, losers revealed

ALLY SELBY  |  WEDNESDAY, 29 APR 2020
Aussie passive and active equity strategies have been put to the test, with Morningstar assessing how the country's small and large-cap managers have fared during the highs of 2019 and the lows of 2020. The coronavirus crash has renewed debate on ...

Queensland funds delay merger

HARRISON WORLEY  |  WEDNESDAY, 29 APR 2020
The impending merger of major Queensland superannuation funds QSuper and Sunsuper has been delayed. QSuper has confirmed its planned merger with Sunsuper has been delayed, owing to difficulties in conducting due diligence while staff are working remotely ...

BNY Mellon IM boutique heads for ASX mFunds

KANIKA SOOD  |  TUESDAY, 28 APR 2020
... company said the mFund addition is an important step in Insight Australia's goal of providing access to the fund via all major investment platforms. "The key step we took when designing this strategy for clients 15 years ago was replacing benchmarks ...

BlackRock turns optimistic on credit

KANIKA SOOD  |  TUESDAY, 28 APR 2020
... BlackRock Investment Institute to upgrade credit to a modest overweight. BlackRock's latest six to 12 month tactical views on major global asset classes (in USD terms) are now neutral for all global asset classes (equities, government bonds and cash) ...

Property giant kicks off capital raise

ALLY SELBY  |  MONDAY, 27 APR 2020
... committed to supporting tenants under the government's new laws to "ensure sustainable and long-term outcomes". Its major tenants include Woolworths, Coles, BP, Wesfarmers and Aldi, representing 51% of the fund's income.

Life insurers prepare for grilling

HARRISON WORLEY  |  FRIDAY, 24 APR 2020
... life insurance sector are preparing to face a grilling by parliamentarians via videoconference next week. Next week several major life insurance firms and advocacy bodies will face up to the scrutiny of the House of Representatives Standing Committee ...

Few redundancies but pay cuts abound: Recruiter

ELIZABETH MCARTHUR  |  THURSDAY, 23 APR 2020
The financial services industry in Australia is one of the lucky ones right now with businesses still operational but while firms seem keen to hang on to their people, pay cuts are commonplace. April insights from financial services recruiter Profusion ...