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Showing 2591 - 2600 of 22782 results for "Funds"

NAB, Jarden to launch NZ wealth business

CHLOE WALKER  |  THURSDAY, 14 DEC 2023
... be used to finance the payments to NAB and Jarden. The new firm will boast a total of 113 advisers, with NZ$29 billion of funds under administration (FUA) and NZ$15 billion of funds under management (FUM), which includes NZ$5 billion of KiwiSaver FUM. ...

Hostplus ups fees on socially responsible option

JAMIE WILLIAMSON  |  WEDNESDAY, 13 DEC 2023
... investment fees and costs now sit at 0.62%, an increase of 0.13% overall. Rainmaker analysis of 45 SRI products from 15 super funds shows the average investment fee, including performance fee and transaction costs, for SRI options is 0.59%. In explaining ...

AustralianSuper supersizes Churchill Asset Management mandate

ANDREW MCKEAN  |  WEDNESDAY, 13 DEC 2023
... the search for yield around the world. This rings especially true in Australia's superannuation market as ever-growing funds, and an aging population, mean post-retirement stage members are driving increased demand for consistent income opportunities," ...

Soul Patts raises stake in Perpetual

CHLOE WALKER  |  WEDNESDAY, 13 DEC 2023
... interesting year so far, completing the high-profile takeover of Pendal Group in January, only to shutter several of its funds in November. At its recent annual general meeting, Perpetual chair Tony D'Aloisio said while the acquisition of Pendal presented ...

How young Australians are missing out on better super returns

ANDREW MCKEAN  |  TUESDAY, 12 DEC 2023
... around 61 MySuper products which are intended as low-cost, simple products suitable for most investors; most are balanced funds with a fixed 70:30 growth-defensive asset mix. "MySuper products were designed to cater for a largely disengaged customer ...

Internal teams to manage 43% of super FUM by 2043: Data

JAMIE WILLIAMSON  |  TUESDAY, 12 DEC 2023
... it's estimated this will balloon to almost half the total FUM come 2043. Presently, about 23% of not-for-profit (NFP) super funds' FUM is managed internally. However, NFPs command about 72% of the total APRA-regulated super FUM, with this expected to ...

Impact of debt on retiree confidence a mixed bag

CHLOE WALKER  |  TUESDAY, 12 DEC 2023
... maximising a member's expected retirement income, helping them manage and plan for risk, and providing flexible access to their funds in retirement." The TAL and Investment Trends October 2023 Retirement Income Report was based on a quantitative online ...

Federal Court approves BT Super $30m settlement

KARREN VERGARA  |  TUESDAY, 12 DEC 2023
The Federal Court approved the $29.95 million class action settlement against Westpac after subsidiaries BT Funds Management (BTFM) and Westpac Life Insurance Services (WLIS) allegedly failed to manage conflicts of interest when investing BT Super member ...

SMSF Association blasts 'highly questionable' ASFA research

ANDREW MCKEAN  |  MONDAY, 11 DEC 2023
The SMSF Association has ripped apart the Association of Superannuation Funds of Australia's (ASFA) assertion, which is based on ATO sample data, that less than 1% of SMSFs with balances over $3 million have farm-related income. The government has ...

Betashares launches 'industry first' bond funds

ANDREW MCKEAN  |  MONDAY, 11 DEC 2023
Betashares has launched four funds on the ASX, offering geared long and short exposure to Australian government bonds and 10-year US Treasuries. The new offerings include the Betashares Geared Long Australian Government Bond Fund (ASX: GGAB), designed ...