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Showing 3491 - 3500 of 9316 results for "Red"

Woodford suspension extended again

ELIZABETH MCARTHUR  |  MONDAY, 5 AUG 2019
Woodford Equity Income Fund investors are unlikely to have access to their money in time to do their Christmas shopping. Link Asset Services confirmed last week that the Woodford Equity Income Fund is likely to remain suspended another four months ...

Survey backs SG increases

KARREN VERGARA  |  MONDAY, 5 AUG 2019
Respondents in Financial Standard 's latest spot poll have welcomed the pending increases to the Superannuation Guarantee beyond 9.5%. The majority (79%) of respondents support the legislated incremental increases to the SG starting from 1 July 2021 ...

Chief economist update: Fed cut and Trump's war

BENJAMIN ONG  |  MONDAY, 5 AUG 2019
The US Federal Reserve gave markets exactly what they were expecting - a 25 basis point reduction in the Fed funds rate at the conclusion of its July FOMC meeting - but instead of revving up the risk on trade, it was risk off. Equity markets fell. The ...

Super fund awards Australian equity mandate

ELIZABETH MCARTHUR  |  FRIDAY, 2 AUG 2019
A $43 billion superannuation fund has awarded an Australian equity mandate to a specialist fund manager. State Super has selected Martin Currie to manage a mandate for its retirement-focused equity income strategy. The amount to be overseen by Martin ...

Mercer slams Grattan Institute

HARRISON WORLEY  |  FRIDAY, 2 AUG 2019
The ongoing battle between Mercer and the Grattan Institute over superannuation rolls on, with the global financial services firm dedicating an entire report to pulling apart Grattan's "misleading" work. Releasing the report, authored by senior ...

AFA, FPA slam haste in ending grandfathered commissions

KRISTI CHENG  |  FRIDAY, 2 AUG 2019
The Financial Planning Association of Australia (FPA) and the Association of Financial Advisers (AFA) have both criticised the time frame given to phase out grandfathered commissions. Treasurer Josh Frydenberg announced earlier this week legislation ...

ASIC warns trustees on employer inducements

KARREN VERGARA  |  THURSDAY, 1 AUG 2019
Corporate regulator ASIC is reinforcing the illegality of superannuation funds inducing employers and the serious consequences that come with breaching the new law. ASIC released Infosheet 241 on Wednesday, reminding trustees that influencing employers ...

$50bn super fund links with software firm

HARRISON WORLEY  |  WEDNESDAY, 31 JUL 2019
A $50 billion industry superannuation fund partnered with a global investment data management software firm. Matrix has been selected by Cbus to provide the giant superannuation fund with investment management software designed to analyse the fund's ...

Super fund commits $20m for housing affordability

KRISTI CHENG  |  TUESDAY, 30 JUL 2019
HESTA has invested $20 million to help improve housing affordability and sustainability via a scalable, innovative apartment project. Targeted at first home buyers, Affordable Housing clients and those working in key community occupations, 'Nightingale ...

Industry super fund discounts investment fees

KARREN VERGARA  |  TUESDAY, 30 JUL 2019
A $2.6 billion superannuation fund will lower its investment fees for some options as of August 1. Profit-for-member fund AvSuper is reducing fees for all investment choice members. AvSuper chief executive Michelle Wade said while the reductions vary ...