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

Search Results

Showing 2491 - 2500 of 5260 results for "SCA"

Advice associations slammed

JAMIE WILLIAMSON  |  THURSDAY, 3 OCT 2019
An industry group has lashed out at the Association of Financial Advisers and the Financial Planning Association of Australia, labelling them conflicted and driven by self-interest. The United Financial Advisers Association (formerly known as the Life ...

Moelis eyes new private credit fund, appoints lead

KANIKA SOOD  |  THURSDAY, 3 OCT 2019
Moelis Australia has appointed a new managing director as it gears up to launch a new private credit fund. Oliver Trajcevski is joining the company from Dinimus Capital where he launched and managed three private credit funds with $400 million in total. ...

RC sting felt in finance pay packets

ELIZABETH MCARTHUR  |  WEDNESDAY, 2 OCT 2019
Perceptor has revealed the state of financial services salaries and bonuses in its 2019/2020 Market Trends and Salary Review. The boutique recruiter pointed to the outcomes of the Royal Commission as a leading factor in the changes. "There is no doubt ...

Super fund cuts fees

HARRISON WORLEY  |  TUESDAY, 1 OCT 2019
An $8 billion industry superannuation fund has cut fees for accumulation members. From today, Energy Super has decreased the asset-based administration fee charged to accumulation members by four basis points - from 0.22% to 0.18%. The move will see ...

MySuper not the only problem: AIST

HARRISON WORLEY  |  THURSDAY, 26 SEP 2019
... products yesterday. AIST chief executive Eva Scheerlinck moved to play down the significance of the Super Consumers Australia's (SCA) comments on underperformance in MySuper today, noting underperformance was not only limited to one sect of the superannuation ...

Super Consumers Australia launches, slams MySuper products

KRISTI CHENG  |  WEDNESDAY, 25 SEP 2019
... join the more than one million total accounts already held in these "bottom of the barrel" MySuper products, according to SCA. "These superannuation laggards continue to attract tens of thousands of new members each year through a badly designed default ...

Bloomberg launches equity benchmarks

KRISTI CHENG  |  TUESDAY, 24 SEP 2019
Bloomberg has launched U.S. equity benchmark capabilities, marking a significant step for Bloomberg in the equity index space. The new equity offering includes the Bloomberg U.S. Large Cap Index as well as growth, value and dividend indices. These benchmarks ...

Crunch time for boutique funds

KANIKA SOOD  |  MONDAY, 23 SEP 2019
The boutique model has long coaxed successful fund managers out of big asset management firms but the new class of fund managers looking to break out faces a very different landscape. At least eight boutiques have indicated intention to shut shop so ...

Big Super Day Out success, but more to be done

HARRISON WORLEY  |  THURSDAY, 19 SEP 2019
The First Nations Foundation's 2019 Big Super Day Out reconnected more than $9.5 million in superannuation with Indigenous Australians. Taking off in July, the Indigenous-led super roadshow hit Darwin, Kununurra and Broome before heading to East Arnhem ...

Major super funds caught in fraud scandal

ELIZA BAVIN, JAMIE WILLIAMSON  |  WEDNESDAY, 18 SEP 2019
Several of Australia's largest superannuation funds were targeted by an online fraud syndicate which siphoned millions from share-trading and super accounts. A Melbourne woman appeared in court yesterday after allegedly taking part in an online ...