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Showing 3111 - 3120 of 10367 results for "Trust"

Perpetual reports $2.7bn in net outflows

KANIKA SOOD  |  FRIDAY, 22 JAN 2021
... Perpetual Private's funds under advice grew by 6% to $15.5 billion, including $200 million in inflows. Perpetual Corporate Trust's FUA grew 1% to $936.2 billion. PPT said it now has 70 distribution professionals in key regions and has made recent appointments ...

Hume advocates for affordable advice

KARREN VERGARA  |  WEDNESDAY, 20 JAN 2021
The federal government is driving hard the importance of accessing quality, affordable financial advice. Minister for Superannuation, Financial Services and the Digital Economy Jane Hume has flagged the opportunities the Morrison government will take ...

EISS Super director joins Macquarie board

KANIKA SOOD  |  TUESDAY, 19 JAN 2021
Macquarie has added an EISS Super non-executive trustee director to its boards. Mike Roche will join the Macquarie Group and Macquarie Bank boards effective January 20, alongside Oz Minerals chair Rebecca McGrath. Roche has been on the EISS Super board ...

Crackdown on ERS scams continues

ELIZA BAVIN  |  MONDAY, 18 JAN 2021
The Australian Taxation Office (ATO) has confirmed it is still working with the Australian Federal Police (AFP) to crack down on early release of super scams which cost Australians over $6 million. Combined, the value of scams rose 23% in 2020, with ...

Magellan continues fund restructure

ANNABELLE DICKSON  |  MONDAY, 18 JAN 2021
... of Magellan Global Fund (the unlisted managed fund), Magellan Global Equities Fund (active ETF, MGE) and Magellan Global Trust (listed investment trust MGG) into one $15 billion trust. The partnership offer is eligible to unitholders in the open and ...

First Sentier launches infrastructure fund

KARREN VERGARA  |  FRIDAY, 15 JAN 2021
First Sentier Investors has launched a new US-listed infrastructure fund that is managed locally. The First Sentier American Listed Infrastructure Fund (FLIAX) aims to achieve income and capital growth by investing in a diversified portfolio of up to ...

Morningstar introduces new platform

KARREN VERGARA  |  FRIDAY, 15 JAN 2021
Morningstar has launched a new platform that helps advisers, traders and market analysts stay on top of market movements. Morningstar Market Monitoring provides real-time data, market insights and newsfeeds. The platform has 40 configurable web components ...

Bad year for super funds

KANIKA SOOD  |  THURSDAY, 14 JAN 2021
... year, resulting in nearly 76% of the funds reporting negative net earnings. Colonial First State FirstChoice Superannuation Trust had the lowest net earnings for FY20 at about -$2.7 billion. About 36 funds posted negative net earnings of $100 million ...

Rice Warner weighs in on Your Future, Your Super

KARREN VERGARA  |  THURSDAY, 14 JAN 2021
Rice Warner has made several recommendations to the Your Future, Your Super package of reforms that the government and superannuation industry should not overlook. Under the new stapling measure, Rice Warner has two areas of concern. The first is that ...

MLC Life appoints executive

KANIKA SOOD  |  WEDNESDAY, 13 JAN 2021
... industry. I'm aware of the challenges we face as a business after a difficult 2020." "We need to work hard to restore trust amongst advisers and licensees and our team is ready to do that. I look forward to working with Rodney and the MLC Life Insurance ...