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Super reforms incubating unemployment risk

JAMIE WILLIAMSON  |  WEDNESDAY, 18 JAN 2017
... long-term improvement in fund members' financial position," he said. "Large funds held outside of superannuation for those close to retirement may be due to their not understanding the benefits, not qualifying to make additional deposits, being unsure ...

Robo critical to retirement

JAMIE WILLIAMSON  |  WEDNESDAY, 18 JAN 2017
An online advice provider for retirees is attempting to secure funding in order to partner with major financial services institutions. Fintech firm SuperEd, led by Vanguard Australia founder Jeremy Duffield and former Westpac executive Hugh Morrow ...

Investec snaps up NSW properties

JAMIE WILLIAMSON  |  TUESDAY, 17 JAN 2017
... spaces. Meanwhile, 24 Rodborough Road is a three-story office and warehouse facility with 130 undercover car parks. The close proximity of the Rodborough Road properties to the new Northern Beaches Hospital and associated infrastructure is anticipated ...

Mercer wins $250m NZ mandate

ALEX BURKE  |  MONDAY, 16 JAN 2017
... has been above industry benchmarks, with the PIF earning an average after-tax return of 7.0 per cent p.a. and returning close to $190 million in release payments to the Council since inception. "The recommended change reflects the maturing of the funds ...

A-dollar rising

BENJAMIN ONG  |  MONDAY, 16 JAN 2017
... reversal this early in the New Year. Trump's victory sent the A$ down from US$0.7762 on the 8th of November to US$0.7208 at the close of trade on 30 December 2016. Now the Aussie's back on the rise, hitting US$0.7499 on Thursday before closing at US$0.7491 ...

AMP Capital infrastructure platform secures US$2.4b

EMMA RAPAPORT  |  FRIDAY, 13 JAN 2017
... investors wanting to invest is testament to their belief in our investment strategy," Pahari said. The platform reached final close on 29 December 2016.

Energy fuels US cross-border inflation

BENJAMIN ONG  |  FRIDAY, 13 JAN 2017
The price of goods and services bought and sold by America from its trading partners lifted in December - both largely driven by surging energy prices. US export prices rose by 0.3% in the month of December following a 0.1% dip in the previous month. ...

Perpetual expands investment specialist team

EMMA RAPAPORT  |  WEDNESDAY, 11 JAN 2017
Perpetual Investments is flagging its future growth strategy and has appointed a new investment specialist in the process. Joining Perpetual Investments is Ron Mehmet. He is the former head of sector portfolio management at Advance Asset Management ...

Investors must look further than US: J.P. Morgan

EMMA RAPAPORT  |  WEDNESDAY, 11 JAN 2017
... direction of the incoming administration remains unclear," Craig said. He advises investors who are looking to diversity to pay close attention to "parts of the market that are relatively cheap", in particular emerging market equities, and Eurozone equities. ...

NAB admits data bungle

JAMIE WILLIAMSON  |  TUESDAY, 10 JAN 2017
In a demonstration of the significant impact human errors can have on data security, NAB admitted to incorrectly forwarding the personal details of 60,000 customers to the owner of various adult websites. First revealed by the bank last month, customers ...