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Showing 3021 - 3030 of 8182 results for "Institutional"

Former NULIS chair faces Royal Commission

KANIKA SOOD  |  TUESDAY, 7 AUG 2018
The former chair of NAB's superannuation entities has denied MLC tried to bill other services in order to claim advice fees. Nicole Smith was the NULIS Nominees chair from 2013 to 2018, and she faced the Royal Commission this afternoon as it resumed ...

Plan service fees did not constitute fee for no service: NAB

HARRISON WORLEY  |  TUESDAY, 7 AUG 2018
Responding to questions from counsel assisting Michael Hodge, former NAB general manager of superannuation and platforms Paul Carter attempted to distinguish between other cases of fees for no service and NAB charging superannuation customers for advice ...

ASIC staff to investigate institutions from the inside

JAMIE WILLIAMSON  |  TUESDAY, 7 AUG 2018
The corporate regulator will be gifted enhanced enforcement powers via funding from the Federal Government, a sizeable chunk of which will be used to embed staff within the big four banks and AMP. The Federal Government announced it is injecting a further ...

ESG bond portfolio opens to Aussie investors

KANIKA SOOD  |  TUESDAY, 7 AUG 2018
A Scottish manager is offering a new ESG fixed income fund to institutional investors in Australia, beginning with $135 million in assets under management. The Cameron Hume Global Fixed Income ESG Fund will hold securities from issuers that the specialist ...

NAB looked to keep plan service fees, Royal Commission hears

HARRISON WORLEY  |  TUESDAY, 7 AUG 2018
The Royal Commission heard this morning that NAB considered ways to justify retaining plan service fees (PSF) it charged superannuation fund members despite the services not actually being supplied. Questioning former NAB general manager of superannuation ...

One measure not enough to revoke MySuper: APRA

HARRISON WORLEY  |  MONDAY, 6 AUG 2018
The prudential regulator cautioned against the use of a sole measure to determine whether an underperforming superannuation fund should retain MySuper authorisation. In its latest submission to the Productivity Commission on superannuation's competitiveness ...

Super funds suit up for Royal Commission

KARREN VERGARA  |  MONDAY, 6 AUG 2018
The financial services Royal Commission will put Australia's $2.6 trillion superannuation system under the spotlight over the next two weeks and legal experts say a key question is whether conflicts of interest are influencing super funds and letting ...

Digital advice, fintech firms merge

KANIKA SOOD  |  FRIDAY, 3 AUG 2018
... either business other than to drive synergy," Morrow told Financial Standard. "We are still very focused on the institutional market and renewing our efforts to work with the institutions, be they the industry funds but also other financial services ...

Global fund manager replaces COO

KARREN VERGARA  |  FRIDAY, 3 AUG 2018
... Philipp as we lead Epoch together in the next phase of our evolution." Epoch offers global equity strategies for institutional and intermediary clients, using an investment approach based on fundamental research and seeks to invest in companies that ...

HESTA boss wins FEAL award

HARRISON WORLEY  |  FRIDAY, 3 AUG 2018
HESTA chief executive Debby Blakey has been recognised as the 2018 Fund Executive of the Year at the Fund Executive Association Limited (FEAL) awards held this week in Sydney. Blakey was recognised for leading a program of change at the $46 billion ...