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Showing 321 - 330 of 1549 results for "Competition"

Funds management in ASIC spotlight

ELIZA BAVIN  |  THURSDAY, 19 NOV 2020
The review of competition in the Australian funds management industry is officially underway between the corporate regulator and Deloitte Access Economics. ASIC acting chair Karen Chester said the review seeks to identify where "competition is effective ...

Hume scrutinises super fund spend

KARREN VERGARA  |  MONDAY, 16 NOV 2020
... Super reforms, which is estimated to save members $17.9 billion over 10 years. "It is a package that will encourage competition between funds, remove unnecessary waste built into the system, and improve standards so funds can focus on delivering better ...

Aberdeen drops fees on fixed income fund

KANIKA SOOD  |  TUESDAY, 3 NOV 2020
... their fees as they looked to limit their share of funds' returns in a low-return environment and faced increased competition from other managers.

ASFA proposes MySuper test

KARREN VERGARA  |  WEDNESDAY, 28 OCT 2020
... shortage of good funds. It is imperative that any measures that are designed to address underperformance do not reduce competition, distort investment decisions or damage the nation building role of superannuation, he said.

Super advice firm buys robo-adviser

ANNABELLE DICKSON  |  FRIDAY, 23 OCT 2020
... solution for the increased demand for affordable and accessible advice. It noted that robo-advice is not in direct competition with financial advisers, but rather digital and holistic advice are complementary offerings. Six Park chief executive Pat Garrett ...

Robo-advice a complement, not disruptor: Six Park

ANNABELLE DICKSON  |  FRIDAY, 23 OCT 2020
... or is it me? Deniers, devotees, and the digital advice revolution, addresses the myth that robo-advice is in direct competition with financial advisers. Six Park co-chief executive Pat Garrett said there is no competition between robo-advice and financial ...

Melbourne firm wins $1.1bn in mandates

KANIKA SOOD  |  THURSDAY, 8 OCT 2020
... Matthew Fletcher said. "Each of these three fund managers ran independent processes and selected MSC services amongst competition... " MSC (Melbourne Securities Corporation) was founded eight years ago, offering corporate trustee services. It has since ...

Hume clarifies survival of the fittest in MySuper

ELIZABETH MCARTHUR  |  THURSDAY, 8 OCT 2020
... quarter or one bad year," Hume said. She said MySuper fees have increased since the products were launched, despite competition in the market growing so much. This was concerning to the government, Hume suggested, as the Productivity Commission had found ...

Super industry cautious on more reform

ELIZABETH MCARTHUR  |  TUESDAY, 6 OCT 2020
... specificity in the Budget papers, it is unclear how the changes will work in practice or what the implications will be for competition, efficiency and incumbents in the sector." Industry Super Australia (ISA) expressed concern the government's "stapling" ...

ACCC amends consumer data right rules

ALLY SELBY  |  FRIDAY, 2 OCT 2020
The Australian Competition and Consumer Commission (ACCC) amended the consumer data right rules to allow intermediaries to collect data on behalf of third party recipients. The changes will allow accredited businesses to obtain consumer data with their ...