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Showing 371 - 380 of 3440 results for "SMI"

Funds SA appoints chair, director

KANIKA SOOD  |  FRIDAY, 10 AUG 2018
The $30 billion public fund manager has chosen a former UniSuper head of public markets to chair its board, while another investment veteran is joining the board as a director. Both spots opened up when former South Australia Deputy Premier and Treasurer ...

We have won the battle, not the war: AustralianSuper CEO

HARRISON WORLEY  |  THURSDAY, 9 AUG 2018
AustralianSuper chief executive Ian Silk told the Royal Commission the industry super Fox in the Henhouse campaign helped win the battle, but the war continues over default superannuation arrangements. The chief executive of Australia's largest ...

Conflict of interest too great for NULIS: Royal Commission

HARRISON WORLEY  |  THURSDAY, 9 AUG 2018
Conflicts of interest between NULIS and NAB Wealth were too great for the superannuation trustee to manage, the Royal Commission has heard today. Counsel assisting Michael Hodge suggested to former NULIS chair Nicole Smith the trustee "simply couldn't ...

MLC MySuper investment budget was tight-fisted: Royal Commission

KANIKA SOOD  |  WEDNESDAY, 8 AUG 2018
NULIS Nominees resisted increasing its spend on investment management, despite opinions from its super fund portfolio manager and asset consultant that its current investment fee budget wasn't adequate to boost the performance of its lagging MLC ...

NAB compensation delays hopelessly conflicted: Royal Commission

KARREN VERGARA  |  WEDNESDAY, 8 AUG 2018
NAB found itself in a "hopelessly conflicted" situation by delaying the process of compensating members charged fees for no service in order to maintain profit levels, the third day of the Royal Commission's inquiry into superannuation heard. This ...

Former NULIS chair faces Royal Commission

KANIKA SOOD  |  TUESDAY, 7 AUG 2018
The former chair of NAB's superannuation entities has denied MLC tried to bill other services in order to claim advice fees. Nicole Smith was the NULIS Nominees chair from 2013 to 2018, and she faced the Royal Commission this afternoon as it resumed ...

NULIS names new chair

KARREN VERGARA  |  TUESDAY, 7 AUG 2018
NULIS Nominees has appointed a new chair, replacing Nicole Smith, who is due to appear before the financial services Royal Commission this week. According to the latest NULIS Nominees Executive Officer Disclosure, Peter Promnitz was appointed as chair ...

Chief economist update: Laissez faire

BENJAMIN ONG  |  WEDNESDAY, 25 JUL 2018
Forget John Maynard Keynes. Forget David Ricardo. A new economic sheriff is in town and his name is Donald J. Trump. POTUS has gone against Keynes' counter-cyclical prescription by increasing fiscal spending - tax cuts and increased expenditure ...

Should high-income earners pay charity levy?

DARREN SNYDER  |  FRIDAY, 13 JUL 2018
Academics have proposed a new system to better distribute Australia's wealth - one which would see high-income earners pay a charity levy. The levy would be based on a small percentage of earnings for Australians with income of more than $269,000 ($US200,000). ...

NAB names wealth advocate

KARREN VERGARA  |  TUESDAY, 26 JUN 2018
NAB appointed a wealth customer advocate tasked with lifting the standards of the banking group's financial advice complaints process. Clare Petre is the new independent customer advocate for customers, overseeing products, services and advice. She ...