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

Search Results

Showing 341 - 350 of 1193 results for "Switch"

IOOF, LUCRF Super on ERS workload

ELIZABETH MCARTHUR  |  WEDNESDAY, 12 AUG 2020
IOOF and LUCRF Super have revealed that the government's early release of super program was one of the most challenging elements of the COVID-19 pandemic to adapt to. IOOF head of fund statutory reporting Paul Tsironis said that ERS resulted in a huge ...

UK competition watchdog blocks merger

ANNABELLE DICKSON  |  THURSDAY, 6 AUG 2020
The Competition and Markets Authority (CMA) has blocked the merger of retail investment platforms FNZ and GBST due to fears of it leading to higher costs for investors. FNZ purchased GBST in November 2019 for £150 million. The merged businesses would ...

Vanguard funds downgraded by Morningstar

KANIKA SOOD  |  WEDNESDAY, 5 AUG 2020
Four Vanguard funds totaling $17 billion in funds under management had their ratings slashed at Morningstar this week, as they had their first review under the ratings house's new methodology. The Vanguard Growth Index Fund ($5.6 billion), the Vanguard ...

CFA Institute reveals new exam regime

ALLY SELBY  |  WEDNESDAY, 5 AUG 2020
... computer-based sittings in 2021. Candidates registered for the December sitting can choose to stay with this option or switch to any of the available 2021 computer-based administrations, the CFA Institute said. "In making your decision about an exam ...

Bond investor sues Australian government

ELIZABETH MCARTHUR  |  THURSDAY, 30 JUL 2020
A 23 year old woman is suing the Australian government, claiming climate change risk was not disclosed properly when she invested in exchange traded bonds. Kathleen (Katta) O'Donnell is being represented by Equity Generation Lawyers principal David ...

Netwealth launches Milliman managed accounts

ANNABELLE DICKSON  |  FRIDAY, 24 JUL 2020
Global consulting and actuarial firm Milliman has formed a partnership with platform provider Netwealth to widen the distribution of its first range of managed accounts that aim to dampen the effects of market volatility. Milliman's first managed account ...

Super fund COVID-19 requirements to remain

ANNABELLE DICKSON  |  THURSDAY, 23 JUL 2020
APRA will review its Pandemic Data Collection (PDC) in September but will continue until the pandemic-related issues faced by superannuation funds have subsided, according to its recent frequently asked questions (FAQ) about PDC. The regulator published ...

Class launches Xplan integration

ALLY SELBY  |  WEDNESDAY, 22 JUL 2020
Class has completed its integration with Iress' financial software solution Xplan, with the offering now available for new Class Super and Class Portfolio customers as a public pilot. The data feed will enable financial advisers and accountants to seamlessly ...

Pandemic exacerbated retirement confidence: Research

ELIZA BAVIN  |  FRIDAY, 17 JUL 2020
Research from State Street found Australian savers have been more likely to check their super and change investment strategies during the COVID-19 crisis. Around 42% of Australian savers have been negatively impacted financially by COVID-19, according ...

Changes to advice incoming: Bragg

ELIZA BAVIN  |  THURSDAY, 16 JUL 2020
... Australia should use the Future Fund as the default super fund for all Australians, with individuals making the decision to switch to another fund if they see fit. "We need a 'cheap-and-cheerful' government fund option, Australians are so heavily ...