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

Search Results

Showing 301 - 310 of 573 results for "Year End"

MLC offers insurance rollover to external funds

ALEX BURKE  |  MONDAY, 2 NOV 2015
MLC will introduce an insurance rollover offer to external superannuation funds. The rollover provides multiple benefits to super funds, including a 15% upfront tax credit, 7% annual premium discount, enduring authority, automated annual premium payments ...

Dunfo Capital AFSL canceled

STAFF WRITER  |  WEDNESDAY, 30 SEP 2015
Dunfo Capital, formerly known as GSM Financial Group, has seen its Australian Financial Services Licence (AFSL) canceled by ASIC. The financial services company's licence was suspended on February 2015, as ASIC gave Dunfo six months to meet its legal ...

AMP loses risk lump sum market share

ALEX BURKE  |  FRIDAY, 11 SEP 2015
AMP lost risk lump sum market share to OnePath, TAL and others, according to Plan For Life research for the year to June 2015. Plan For Life's risk market report for the year ended June 2015 shows that overall inflows into the lump sum sub-market grew ...

MySuper impacts AMP investment revenue

DARREN SNYDER  |  FRIDAY, 21 AUG 2015
A greater share of assets entering lower-fee MySuper products is affecting AMP's investment related revenue. The group's investment related revenue for the first half of 2015 was 113 bps, a 4.2% reduction from the prior corresponding period. AMP said ...

Macquarie pays $11m advice compensation so far

LAURA MILLAN  |  THURSDAY, 23 JUL 2015
Macquarie Group's comprehensive advice remediation program has paid $11 million to disgruntled advice clients a year after it was put in place. Documents made public by the group prior to the annual general meeting today reveal that, to 30 June 2015 ...

Gold's no longer gold

BENJAMIN ONG  |  TUESDAY, 21 JUL 2015
... -- when gold was fetching around US$1,600 an ounce, not a few expected the shiny metal to rally to around US$2,000 by year end - US$3,000 if they got lucky. But don't you dare call them optimists -- they're little leaguers compared with those predicting ...

Super non-compliance endemic: ATO

DARREN SNYDER  |  TUESDAY, 9 JUN 2015
Australian employers' not paying compulsory superannuation led to a national debt of more than $1 billion last year and the bill is climbing 12% annually. The figures come from a recent Australian National Audit Office report which reaffirms company ...

Energy Super awards $400m equities mandate

DARREN SNYDER  |  THURSDAY, 4 JUN 2015
A boutique equity investment manager was awarded a $400 million Australian equities mandate by Energy Super. Dalton Nicol Reid will manage the fund's money with the objective to deliver returns over the long term. Energy Super chair Mark Williamson ...

Super delivers 12.2% for year end April

ALEX DUNNIN  |  WEDNESDAY, 3 JUN 2015
Returns from super fund default MySuper options dipped to 12.2% for the 12 months to end April but funds are still on track for another solid financial year, according to SelectingSuper's latest performance survey. The SelectingSuper survey of Workplace ...

Blue Sky raises $20m for LIC

STAFF WRITER  |  FRIDAY, 22 MAY 2015
Blue Sky Alternatives Access Fund Limited recently completed a $20 million capital raise through a one for three non-renounceable entitlement offer. The funds raised will be used to build on the listed investment company's actively managed portfolio ...