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Showing 3261 - 3270 of 8611 results for "DIF"

HESTA veteran retires, new role created

KARREN VERGARA  |  THURSDAY, 14 FEB 2019
Long-serving HESTA executive Rob Fowler announced he will retire in July. Fowler is currently the investment execution executive for the $46 billion industry fund. His 15 years at HESTA includes working as an executive manager of investments and governance ...

InvestSense hires head of adviser solutions

KARREN VERGARA  |  THURSDAY, 14 FEB 2019
InvestSense recently appointed the former head of distribution at Russell Investments as the director and head of adviser solutions. Paul Carrington spent 13 years at Russell Investments and prior to that worked as a financial adviser at Carrington ...

Aussies instos join fight against weapons

HARRISON WORLEY  |  WEDNESDAY, 13 FEB 2019
Australian institutional investors joined a worldwide effort lobbying index providers to remove controversial weapons from global indices. Colonial First State and Vision Super have become signatories to an open letter calling for the exclusion of weapons ...

Westpac mulls sale of in-house planners

JAMIE WILLIAMSON  |  WEDNESDAY, 13 FEB 2019
Westpac has confirmed it is exploring options for its in-house financial planning division, following questions from Financial Standard about a potential sale of 50% of Westpac Financial Planning. Financial Standard understands Westpac is in talks with ...

Macquarie expects profit jump

KANIKA SOOD  |  TUESDAY, 12 FEB 2019
Macquarie Group is expecting its FY19 results to outstrip last year's results by up to 15%, and has made three key appointments. This means it could post $3.9 billion in profits when it announces FY19's full-year results in early May. "While the impact ...

Netflix-style shopping for funds

KANIKA SOOD  |  TUESDAY, 12 FEB 2019
A former member of Macquarie's insto equities sales team is launching a new platform which ultimately aims to offer a Netflix-style shopping experience to financial advisers and clients. Forum 360 has been working for two years to build the prototype ...

Future Fund delivers 5.8%

KANIKA SOOD  |  MONDAY, 11 FEB 2019
The sovereign wealth fund returned 5.8% in the year ending 31 December 2018, beating the median balanced superannuation fund return by a wide margin. The median balanced superannuation fund returned 0.6% in the year to 31 December and even the top quarter ...

Hayne report raises professionalism stakes

JAMIE WILLIAMSON  |  MONDAY, 11 FEB 2019
Financial advisers could face the same rigid license registration requirements as doctors and lawyers if the Royal Commission's recommendations on compliance and further education in the industry become law. Commissioner Kenneth Hayne is calling ...

Industry fund launches new integrated platform

KANIKA SOOD  |  FRIDAY, 8 FEB 2019
A $47 billion industry fund has partnered with Dell's integration platform and is hoping to add more value to its servicing of 860,000 members. HESTA says Dell's Boomi has moved it to a hub-and-spoke model, where it can add a new data source (like an ...

The $500k price tag on bad super choices

KANIKA SOOD  |  FRIDAY, 8 FEB 2019
Sticking to a bad super fund could leave the average Australian worker more than $500,000 poorer over their lifetime, latest research from SelectingSuper found. The research considered an average employee's salary, fees and contributions over 45 ...