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Showing 311 - 320 of 675 results for "Legacy"

Plato fund to shutter

KANIKA SOOD  |  TUESDAY, 2 JUN 2020
... Investment Management in 2006, prior to the launch of the flagship Australian Shares Income Fund. The fund had become a legacy product supported by just a small number of investors," a spokesperson for Pinnacle said. "Given the current market environment ...

ME Bank pays industry funds no dividends

ELIZABETH MCARTHUR  |  THURSDAY, 14 MAY 2020
... test as the bank has yet to pay dividends. Following ME Bank's controversial decision to slash redraw balances on some legacy home loans, and subsequent backtrack, the bank's relationship with the 26 industry funds that own it has come under ...

ISA, ME Bank issued please explain

ELIZABETH MCARTHUR  |  MONDAY, 11 MAY 2020
... and ISA comes following news that ME Bank, which is owned by 26 industry super funds, had slashed redraw balances on some legacy home loans with limited notice to customers. Also up for discussion will be ISA's calculations on early release of super. ...

ME Bank saga could impact super funds

ELIZABETH MCARTHUR  |  THURSDAY, 7 MAY 2020
... balance changing for at least a year. The customers who were impacted from this move by ME Bank held what the bank terms "legacy home loans" written more than five years ago. Most of them have their mortgage with ME Bank because they were a member of ...

New buyers for Sargon businesses confirmed

KANIKA SOOD  |  TUESDAY, 5 MAY 2020
... as well as take advantage of what is a significant market opportunity, given the sector tailwinds and underinvestment in legacy systems. "We are pleased to bring on board an experienced partner like Vista Credit Partners and thank them for the speed ...

Industry fund adds to executive leadership

HARRISON WORLEY  |  FRIDAY, 1 MAY 2020
... products, in addition to working on the simplification of member pricing and the removal of grandfathered remuneration from legacy products. Dyda links with the fund after 15 years at EY, where she worked with several financial services and member based ...

Global manager reduces fees on flagship fund

ALLY SELBY  |  THURSDAY, 30 APR 2020
... 'best interest duty' and provides a more attractive entry point to end investor. "As the industry transitions away from legacy systems and processes, modern structures are evolving around how to support investors achieve their capital and income needs ...

Vale Ted Evans

ELIZA BAVIN  |  TUESDAY, 14 APR 2020
... advocacy." Former Liberal treasurer Peter Costello said Evans believed in serving the public and had left "an enduring legacy to Australian economic policy". "The balancing of the budget, the introduction of the GST, microeconomic reform," Costello said. ...

SS&C secures platform mandate

HARRISON WORLEY  |  MONDAY, 6 APR 2020
... care of the entire business. "With GWP, we move closer to becoming 'One Business, One Platform' while we migrate away from legacy systems and onto an established, robust and cutting-edge solution," Wright said. "Expanding our partnership with SS&C sets ...

Hume calls for diversity in super fund mergers

HARRISON WORLEY  |  TUESDAY, 31 MAR 2020
... essentially double down on the same set of risks are wise. "Are such mergers - motivated more by super's industrial relations legacy than by modern-day concepts of prudent risk management - to the benefit of their members?" The Assistant Minister ...