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Showing 3261 - 3270 of 22782 results for "Funds"

Digital advice association in the works

CASSANDRA BALDINI  |  TUESDAY, 11 APR 2023
... adoption," he said. "Her proposal to amend the SIS Act, in particular, is a recommendation that makes it clear that super funds can spend money on providing retirement advice to their members and that's something we absolutely welcome." The new association ...

Top rated superannuation products in Australia revealed

ANDREW MCKEAN  |  TUESDAY, 11 APR 2023
Rainmaker Information's assessment of superannuation products shows that 56 super funds boast at least one AAA-rated product, down from 66 last year. Rainmaker's AAA Quality Rating evaluates superannuation products on performance, costs, insurance ...

Investor education combats emotions: Experts

ANDREW MCKEAN  |  TUESDAY, 11 APR 2023
Superannuation funds must prioritise members financial interests, guiding emotionally driven investors towards apt solutions for investment success. Brighter Super head of advice Steven O'Donoghue says that members can be driven by emotions in their ...

YFYS recommendations not enough: AIST

JAMIE WILLIAMSON  |  THURSDAY, 6 APR 2023
... Choice product." She added that more needs to be done to ensure members can't be stapled to untested or underperforming funds, and that suggested changes to the letter poor performers must send to members are good but still place the onus on members ...

SG Hiscock commences abrdn fund changes

JAMIE WILLIAMSON  |  THURSDAY, 6 APR 2023
Changes to several abrdn funds are due to be rolled out this month, following the handover of its Australian equities business to SG Hiscock. The fund manager has notified investors that changes will be made to the abrdn Ex-20 Australian Equities Fund ...

Mercer Super names key executives

JAMIE WILLIAMSON  |  THURSDAY, 6 APR 2023
... Willment, Collocott will be responsible for the performance of the Mercer Super investment options and other Mercer diversified funds and provide broad leadership to the Pacific Investment Management team, Mercer said. He will also work on the transition ...

Challenger to sell $3.4bn real estate arm

CASSANDRA BALDINI  |  THURSDAY, 6 APR 2023
... (CRE) to Elanor Investors Group for $42 million, with the two also establishing a partnership. Challenger's real estate funds management business has about $3.4 billion in assets across the retail, industrial and office sectors. Upon completion of the ...

Consumer interests prioritised in YFYS review

ANDREW MCKEAN  |  WEDNESDAY, 5 APR 2023
... welcomed the Your Future, Your Super (YFYS) review's focus on consumer interests by targeting poor performing super funds. Responding to yesterday's release, Financial Services Council (FSC) commended the government for listening to feedback ...

Magellan FUM continues backwards slide

CHLOE WALKER  |  WEDNESDAY, 5 APR 2023
Magellan Financial Group has taken yet another hit to its funds under management, falling $2.2 billion to $43.2 billion during the month of March. Magellan saw net outflows of $3.9 billion, which included net retail outflows of $0.5 billion and net ...

Super performance test consultation opens

KARREN VERGARA  |  WEDNESDAY, 5 APR 2023
... latest index names, while maintaining the integrity of the test," he said. As for notification letters sent to members of funds that failed the performance test two years in a row, Jones wants these written in simpler language, and to ensure that they ...