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

Search Results

Showing 3341 - 3350 of 22782 results for "Funds"

TAL offloads dealer group to CountPlus

KARREN VERGARA  |  FRIDAY, 10 MAR 2023
... to TAL. CountPlus will pay $3.373 million for Affinia Financial Advisers and have about 400 advisers and $16.8 billion in funds under advice once the deal completes. CountPlus currently has 280 financial advisers. Affiinia provides holistic financial ...

Aware Super executive to start boutique

ELIZABETH FRY  |  FRIDAY, 10 MAR 2023
... incentives are key to the successful execution of strategy and the structures in this role are about as aligned as it gets in funds management, so the focus on returns for clients is as sharp as possible." Commenting on his five-year stint at Aware Super ...

Unpopular funds garner higher returns: Research

CHLOE WALKER  |  THURSDAY, 9 MAR 2023
According to a recent Rainmaker study, investors in international equities are making more money when they invest in products that are in net outflows. The analysis saw Rainmaker compare returns achieved by international equities products, calculated ...

Investment bonds offer refuge amid super changes

ANDREW MCKEAN  |  WEDNESDAY, 8 MAR 2023
... offer greater liquidity and estate planning benefits compared to super. According to Hackett, when it comes to accessing funds in super, there are restrictions based on the preservation age. While liquidity is available at that point in time, there's ...

Gender super balance parity four decades away: ISA

CHLOE WALKER  |  WEDNESDAY, 8 MAR 2023
... get the early contributions they need for a more financially secure future." Meanwhile, the Association of Superannuation Funds of Australia (ASFA) is calling on the government to commit to closing the retirement savings gender gap using the tax revenue ...

In need of repair: Gender stereotypes and advice

KARREN VERGARA  |  TUESDAY, 7 MAR 2023
... tended to be more self-serving after advising females, they found, meaning they were recommended more expensive balanced funds managed by the bank and less likely to receive a rebate on fees compared to men. Worryingly, the findings have "considerable ...

Women-led super funds outperform over medium, long run

JAMIE WILLIAMSON  |  TUESDAY, 7 MAR 2023
... executive or chief investment officer, or where the majority of trustees are women. The sample represents $450 billion in funds under management. Using data to June 2022, the research, spearheaded by research manager Pooja Antil, found that over three ...

TIP Group to acquire advice firm

CASSANDRA BALDINI  |  TUESDAY, 7 MAR 2023
... advice firm Enva Group for up to $2.5 million. It explained the boutique financial adviser has approximately $400 million of funds under advice (FUA) and will add strategic value to TIP Wealth. Founded in 2010, Enva is based in Adelaide with a satellite ...

QAR does not "trash" FoFA: Anderson

CASSANDRA BALDINI  |  TUESDAY, 7 MAR 2023
... something also suggested by Commissioner Hayne. "In December 2019, the ASIC Report 639 on advice provided by superannuation funds, found less than 50% of the files were deemed compliant, but only in 15% of cases was there any risk of client detriment," ...

Corporate fund transfers members to ART

JAMIE WILLIAMSON  |  TUESDAY, 7 MAR 2023
... 30-year-old fund followed a review by Oracle's trustee Willis Towers Watson of both the Oracle plan and other superannuation funds. It cited the enhanced members' services and options a merger would provide, and "anticipated trends in the superannuation ...