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Showing 331 - 340 of 591 results for "ACCR"

Super hits $2 trillion

MARK SMITH  |  TUESDAY, 23 FEB 2016
The latest quarterly statistics from the Australian Prudential Regulation Authority (APRA) show that super assets increased 6.1% to $2.0 trillion in the 12 months to 31 December. Of this number, $1.26 trillion are APRA-regulated fund assets with the ...

App lets Australians invest pocket change

ALEX BURKE  |  WEDNESDAY, 10 FEB 2016
A new app released in Australia will allow users to round up daily purchases and invest the "change" into a diversified exchange-traded fund portfolio. Acorns, created by father-son business Acorns Grow in 2012, was released in the US in 2014 and has ...

Adviser pleads guilty following ASIC sting

ALEX BURKE  |  FRIDAY, 15 JAN 2016
A former financial adviser has pleaded guilty in the Maroochydore Magistrates Court to dishonest conduct following an ASIC investigation. Darren Wise was a former representative for a practice known at the time as Financial Planning Services. From 2000 ...

Hedge funds suffer worst year since 2011

MARK SMITH  |  WEDNESDAY, 13 JAN 2016
Last year was a bad one for hedge funds as they suffered their worst returns since 2011. Numbers from industry researcher Eurekahedge showed that its benchmark hedge fund index returned 1.56% in 2015. Though that's the worst absolute return in four ...

ASIC bans former Macquarie adviser for market manipulation

ALEX BURKE  |  FRIDAY, 18 DEC 2015
ASIC has banned a former Macquarie Equities accredited derivatives adviser for market manipulation. Working with a former Credit Suisse employee, Tony Davidof manipulated the price of MINI derivatives via sequential buy and sell trades after both pre-arranging ...

MySuper assets rise strongly

MARK SMITH  |  MONDAY, 14 DEC 2015
MySuper assets rose almost 18% to $428 billion in the 12 months to June 2015, according to data from APRA. Now that total MySuper products represent $428 billion in assets, up from $363 billion in June 2014, that adds up to just over a third (34%) of ...

Club Plus Super increases women on trustee board

DARREN SNYDER  |  FRIDAY, 6 NOV 2015
More than a third of Club Plus Super's trustee directors are women following two new appointments at the $2 billion industry superannuation fund. ClubsNSW announced both Janet Torney and Dominique Hogan-Doran are joining as trustee directors with the ...

ASIC changes market rules for Chi-X ETFs

ALEX BURKE  |  FRIDAY, 30 OCT 2015
ASIC has published changes to its market integrity rules for exchange-traded funds admitted to Chi-X Australia. Chi-X intends to launch its ETF market in Australia in 2016, following a consultation paper released in February 2015. ASIC said it "consulted ...

AFA gives Education, Michael Murphy awards

MARK SMITH  |  TUESDAY, 27 OCT 2015
The Association of Financial Advisers (AFA) has given out the 2015 AFA Excellence in Education Award and the Michael Murphy Award. Charles Badenach of Main Street Financial Services has been awarded the 2015 AFA Excellence in Education Award. The award ...

Managed accounts forum sold out, 2015 adviser survey results revealed

STAFF WRITER  |  WEDNESDAY, 7 OCT 2015
More than 180 financial advisers and managed account professionals will be in Sydney tomorrow to attend a national forum on managed accounts where the key findings of the 2015 Financial Standard adviser survey on managed accounts will be revealed. Managed ...