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Showing 2611 - 2620 of 5260 results for "SCA"

Superannuation funds flag $113bn merger

KARREN VERGARA  |  THURSDAY, 4 APR 2019
Two superannuation funds are exploring a potential merger that would create a $113 billion fund with 1.1 million members. VicSuper and First State Super announced they have signed a non-binding memorandum of understanding, scouting the benefits of a ...

Superannuation Consumer Advocate proposal needs work

KARREN VERGARA  |  THURSDAY, 4 APR 2019
... Federal Treasurer Josh Frydenberg's $100,000 pledge on Budget night to establish the Superannuation Consumer Advocate (SCA), but highlighted shortcomings. CHOICE chief executive Alan Kirkland said: "We will be calling for long-term and sufficient ...

Kelaher to leave IOOF

ELIZABETH MCARTHUR  |  THURSDAY, 4 APR 2019
IOOF has announced new leadership following the fallout from the Royal Commission, with managing director Chris Kelaher to leave the embattled wealth firm. Allan Griffiths has been named IOOF's new independent, non-executive chair. He has been acting ...

Alternative platform launches

HARRISON WORLEY  |  TUESDAY, 2 APR 2019
A new platform has launched offering advisers and clients the opportunity to hold investments themselves. FinClear today launched its HIN Platform, which uses the Holder Identification Number (HIN) of end investors to hold investments, rather than the ...

Former Commonwealth Bank chief joins ASX-listed firm

ELIZABETH MCARTHUR  |  TUESDAY, 2 APR 2019
Former Commonwealth Bank chief executive Ian Narev has found a new role with an ASX-listed entity. Narev joins SEEK in a newly created dual role of group chief operating officer and Asia Pacific and Americas chief executive. He was chief executive of ...

AMP Capital invests in student accommodation

KANIKA SOOD  |  MONDAY, 1 APR 2019
AMP Capital acquired a 34-year contract for student accommodation at Australian National University from Commonwealth Superannuation Scheme and Infratil. AMP Capital will collect the rental income from 4,184 beds in 10 residences at the Australian National ...

Channel Capital signs on new partnership

KANIKA SOOD  |  FRIDAY, 29 MAR 2019
A $23 billion international boutique has partnered with Channel Capital as it eyes the Australian adviser market after raising $2 billion from instos here. RWC Partners has launched an Australian-domiciled unit trust for their CC RWC Global Emerging ...

Investors raise alarm on Facebook

ELIZABETH MCARTHUR  |  WEDNESDAY, 27 MAR 2019
In the wake of the Christchurch terrorist attack, many are questioning the role of Facebook in investment portfolios. After the social media giant live streamed the shootings, ethical investors have been forced to consider whether Facebook genuinely ...

Natixis bets on thematic investing

KANIKA SOOD  |  WEDNESDAY, 27 MAR 2019
Natixis Investment Managers is set to add a new affiliate that will run thematic strategies including artificial intelligence, robotics, water and safety. Thematics Asset Management will start operating under the Natixis IM banner in the second quarter ...

Beware blockchain: ANZ

ELIZABETH MCARTHUR  |  TUESDAY, 26 MAR 2019
The big bank is not impressed by the oft-praised technology that is blockchain. There has been a lot of hype about blockchain in recent times but now ANZ associate director, trade and supply chain, Maria Bellmas has warned the technology raises many ...