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Showing 3591 - 3600 of 10553 results for "BEI"

Businesses warned to avoid dud funds

ELIZA BAVIN  |  MONDAY, 23 SEP 2019
Rainmaker research has shown the difference between the best and worst performing super funds can equate to a difference of up to $880,000 in balances for retirees. The research shows the worst performing funds are paying 5.3% return, a big difference ...

Crunch time for boutique funds

KANIKA SOOD  |  MONDAY, 23 SEP 2019
The boutique model has long coaxed successful fund managers out of big asset management firms but the new class of fund managers looking to break out faces a very different landscape. At least eight boutiques have indicated intention to shut shop so ...

FASEA ethics pose risk to managed accounts

ELIZABETH MCARTHUR  |  MONDAY, 23 SEP 2019
The Institute of Managed Accounts Professionals (IMAP) has made a submission to the Financial Adviser Standards and Ethics Authority, questioning its consideration of conflicts of interest in the Code of Ethics. IMAP said Standard 3 in the FASEA Code ...

Chief economist update: The BOJ needs to run faster to stay in the running

BENJAMIN ONG  |  MONDAY, 23 SEP 2019
"Now, here, you see, it takes all the running you can do, to keep in the same place. If you want to get somewhere else, you must run at least twice as fast as that!" - Lewis Carroll's 'Through the Looking-Glass' The "Red Queen" in the novel ...

Research budgets shrink at UK asset managers

KANIKA SOOD  |  FRIDAY, 20 SEP 2019
Asset managers in the United Kingdom have shrunk their research budgets by up to 30% but are delivering millions in benefits to investors, according to the UK financial authority's review of MiFID II. The Financial Conduct Authority yesterday published ...

Super trustees must do better: Byres

HARRISON WORLEY  |  FRIDAY, 20 SEP 2019
APRA will soon need to have some difficult conversations with poorly performing superannuation funds, according to chair Wayne Byres. Speaking at a Gilbert + Tobin event in Sydney this week, Byres said the ability of the prudential regulator to hold ...

Thousands strike from work for climate

ELIZABETH MCARTHUR  |  FRIDAY, 20 SEP 2019
Today's global climate strike has resulted in 2568 Australian businesses giving their employees the day off to protest, including Australian Ethical, Future Super and IRESS. The protests,scheduled for September 20, are happening three days out from ...

Big Super Day Out success, but more to be done

HARRISON WORLEY  |  THURSDAY, 19 SEP 2019
The First Nations Foundation's 2019 Big Super Day Out reconnected more than $9.5 million in superannuation with Indigenous Australians. Taking off in July, the Indigenous-led super roadshow hit Darwin, Kununurra and Broome before heading to East Arnhem ...

Vanguard pilots new robo offering

ELIZABETH MCARTHUR  |  THURSDAY, 19 SEP 2019
According to documents filed with the Securities and Exchange Commission, Vanguard is launching a new digital-only financial planning service through Vanguard Advisors. The offering, which is being piloted, will be called Vanguard Digital Advisor and ...

Banks face imminent disruption

ELIZABETH MCARTHUR  |  THURSDAY, 19 SEP 2019
The banks are facing big problems, according to Catherine Wood, chief executive of ARK Invest. Wood was asked at a Nikko Asset Management event how she considered banks to be positioned for the future. "Banks anywhere in the world have a big problem ...