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Showing 231 - 240 of 1351 results for "Heavy"

Super industry welcomes Age Pension backflip

HARRISON WORLEY  |  THURSDAY, 6 SEP 2018
... beyond 67 is not needed on affordability grounds in terms of public finance," he said. "Superannuation is doing more of the heavy lifting and providing higher retirement incomes." With the scheduled increase in superannuation guarantee to 12%, ASFA projects ...

Super funds suit up for Royal Commission

KARREN VERGARA  |  MONDAY, 6 AUG 2018
... basic equal representation model of members and employers can lead to deadlock in the absence of independent directors. The "heavy reliance" on negotiated ASIC and APRA enforceable undertakings as an enforcement mechanism, and having multiple regulators ...

Mis-selling super a win for consumers

JAMIE WILLIAMSON  |  THURSDAY, 2 AUG 2018
An advocacy body for superannuation fund members established in 2013 will finally become fully operational thanks to $2.5 million in penalties paid by CBA and ANZ for the mis-selling of super products. The Superannuation Consumers' Centre will receive ...

Praemium signs wealth management heavyweight

KANIKA SOOD  |  TUESDAY, 5 JUN 2018
A wealth manager with about $27 billion in assets under management has signed on to use Praemium's managed accounts services. Morgan Stanley Wealth Management Australia and its about 115 financial advisers will use Praemium's separately managed ...

Financial services giants launch ESG indices

KARREN VERGARA  |  MONDAY, 30 APR 2018
Two global financial services heavyweights have collaborated to launch a suite of environmental, social and governance (ESG) indices for institutional investors. J.P. Morgan and BlackRock have joined forces to create the J.P. Morgan ESG Index (JESG) ...

SSGA launches ESG-heavy strategy for Aussie instos

JAMIE WILLIAMSON  |  THURSDAY, 26 APR 2018
State Street Global Advisors is introducing a new low carbon, high ESG international equities fund for Australian institutional investors. Partnering with MSCI, the State Street Low Carbon ESG International Equities Index Trust is the next iteration ...

Robo-advisers a hard pill to swallow for Aussie investors: CFA

KANIKA SOOD  |  THURSDAY, 12 APR 2018
... Brycki said. Six Park, an automated investment management company says interest in robo-advisors will pick up as investment heavy-weights adapt it. "In the US, the game-changer was the point at which high net-worth individuals started recognising the ...

DigitalX launches crypto-heavy fund

KANIKA SOOD  |  WEDNESDAY, 11 APR 2018
Listed crypto advisory firm DigitalX has launched a fund that will predominantly invest in cryptocurrencies and form part of its newly-formed funds management division led by a former Ellerston Capital portfolio manager. Its inaugural fund, DigitalX ...

Magellan cuts ties with Cricket Australia

ALEX BURKE  |  THURSDAY, 29 MAR 2018
... partnership with Cricket Australia. We were delighted with the recent Magellan Ashes Series sponsorship and it is with a heavy heart that we have to end our partnership in these circumstances." The three-year partnership originally commenced with the ...

Labor's imputation credit reform cops industry backlash

KARREN VERGARA  |  WEDNESDAY, 14 MAR 2018
The Labor Party's proposed dividend imputation reforms has received backlash from numerous industry heavyweights believing it will have unintended and negative implications on retirees. Shadow treasurer Chris Bowen proposed to eliminate the cash rebate ...