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Showing 3791 - 3800 of 15784 results for "TER"

Morningstar launches fee comparison tool

KARREN VERGARA  |  FRIDAY, 9 JUL 2021
Morningstar is launching a new tool that provides increased transparency and disclosure on fees across its investments and superannuation products, well above what RG97 requires. The Morningstar Total Cost Ratio (TCR), which will be rolled out on August ...

Advice engagement jumps during COVID-19

KARREN VERGARA  |  FRIDAY, 9 JUL 2021
A new study finds that the coronavirus pandemic has raised awareness about the importance of financial advice and prompted more Australians to engage with their adviser. A study by ASX-listed firm ClearView shows that demand for financial advice is ...

BNY Mellon acquires Milestone

ELIZABETH MCARTHUR  |  FRIDAY, 9 JUL 2021
BNY Mellon will acquire Milestone Group, a funds management technology provider. The deal comes just over a year after the two companies formed an alliance to create a suite of oversight and contingent net asset value (NAV) services for asset managers ...

Cromwell adds to board

ANNABELLE DICKSON  |  FRIDAY, 9 JUL 2021
The ASX-listed real estate investor and manager has appointed the chief executive of US-based Silver City Properties to its board. Jialei Tang has been chief executive of Silver City Properties since 2019 where she oversees the investment and management ...

New shareholder at Challenger

KANIKA SOOD  |  THURSDAY, 8 JUL 2021
Will Vicars' Caledonia has sold its 15% stake in annuities giant Challenger to Athene Holding Limited and Apollo Global Management. Athene and Apollo, which are set to merge, now own 18% or $720 million of Challenger shares. Of this, 3% is subject ...

Fund managers failing value assessments: FCA

KARREN VERGARA  |  THURSDAY, 8 JUL 2021
Active fund managers are falling short of delivering value to investors and justifying their fees, a review from the UK's financial services regulator reveals. A review of 18 fund managers between July 2020 and May 2021 by the Financial Conduct ...

WealthO2 launches top manager MDA

ANNABELLE DICKSON  |  THURSDAY, 8 JUL 2021
WealthO2 has introduced a managed discretionary account with several top managed account investment managers. The MDA includes the expertise of investment managers including BlackRock, Evergreen, Lonsec, Morningstar, Ralton AM and Zenith. As WealthO2 ...

AFA slams new SOA measures

KARREN VERGARA  |  WEDNESDAY, 7 JUL 2021
The Association of Financial Advisers has hit back at ASIC and APRA for causing "confusion" and "interfering" with financial advice as they look to introduce new changes to Statements of Advice. The association points to the regulators' joint letter ...

KLP divests Israeli-linked settlement firms

KARREN VERGARA  |  WEDNESDAY, 7 JUL 2021
Norway's largest pension fund KLP has offloaded 16 companies that operate in banking, construction, infrastructure and telecommunications in Israel connected to occupying Palestinian territory. The pension fund announced on June 5 that following failed ...

AMP Life CIO moves to HESTA

ELIZABETH MCARTHUR  |  WEDNESDAY, 7 JUL 2021
HESTA has a new head of portfolio management, nabbing the former chief investment officer for AMP Life. Jeff Brunton will move to the $62 billion industry fund, after a year as chief investment officer at AMP Life, followed by a year as deputy chief ...