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Showing 371 - 380 of 2253 results for "Roll"

MySuper index records worst rolling return since 2009

JAMIE WILLIAMSON  |  THURSDAY, 3 NOV 2022
The median return for MySuper products in September was -3.3%, causing the Rainmaker MySuper Index to see its worst annual rolling return since August 2009. For the 12 months to September end, the MySuper index returned -6.4%. It was dragged by the ...

Aura Group launches multi-asset solution

JAMIE WILLIAMSON  |  FRIDAY, 21 OCT 2022
A new fund from Aura Group will give wholesale investors an institutional framework for multi-asset investment portfolios. The Aura Multi-Asset Fund has been seeded by the Aura's principals and aims to minimise the risk of substantial negative performance ...

APRA flags concerns over fund sustainability

ANDREW MCKEAN  |  WEDNESDAY, 12 OCT 2022
Appearing before the House of Representatives' Economics Committee, APRA's Margaret Cole said the regulator is concerned about some of the super funds that passed the performance test yet fail the regulator's own sustainability testing. ...

First Super: Merger pressure fizzles out

ELIZABETH FRY  |  FRIDAY, 7 OCT 2022
... initiative a couple of years ago to allow Kiwis to transfer their money to Australia. While the number of New Zealanders who roll their money into Australia is not huge, for a fund comprising 46,000, it's a big deal. And First Super is close to its ...

Tech providers support QAR SOA proposals

CASSANDRA BALDINI  |  THURSDAY, 29 SEP 2022
... provider will need to do to be satisfied they are in fact providing good advice, thus there are enough regulatory guidelines to roll back to for consumer protection." Overall, she felt optimistic that the industry may be steps away from delivering affordable ...

GQG Partners rolls out dividend income fund

CHLOE WALKER  |  THURSDAY, 29 SEP 2022
The GQG Partners Global Quality Dividend Income Fund invests in a range of global companies that the boutique believes can sustain long-term earnings. The new fund has a specific focus on long term capital appreciation and dividend income. The minimum ...

ASIC FAR drops as deadline looms

JAMIE WILLIAMSON  |  THURSDAY, 29 SEP 2022
The countdown is on for financial advisers that have yet to pass the exam to get off the ASIC Financial Adviser Register by tomorrow, as new analysis shows 295 have dropped off since the beginning of the month. Since the results of the final exam for ...

Advisers given access to wellbeing service

JAMIE WILLIAMSON  |  WEDNESDAY, 28 SEP 2022
MLC Life is rolling out its Vivo health and wellness service to the financial advice practices it partners with. The insurer said making the service available to financial advisers and their staff for free will help ease the high levels of stress in ...

VC sector risks running cold

CHLOE WALKER  |  FRIDAY, 23 SEP 2022
Recent months have seen a lot of eyes on the venture capital space, for reasons good and bad. While celebrities like tennis star Serena Williams are showing enthusiasm, rising interest rates have caused some to question the sector's outlook. Last ...

Dixon Advisory pays $7m for poor advice

JAMIE WILLIAMSON  |  TUESDAY, 20 SEP 2022
... did not act in the best interests of eight clients on 53 occasions. Each instance involved advising the clients to acquire, roll over or retain interests in the US Masters Residential Property Fund and URF-related products. The conduct took place between ...