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Showing 381 - 390 of 1219 results for "Switch"

Industry fund eyes KiwiSaver accounts

KANIKA SOOD  |  THURSDAY, 2 JUL 2020
... NewZealanders who permanently settle in Australia, to the transfer their KiwiSaver savings to Australian superannuation funds. The switch generally has a tax benefit for expat Kiwis because KiwiSaver account's investment earnings are charged at 28% ...

Super fund members compensated

JAMIE WILLIAMSON  |  FRIDAY, 26 JUN 2020
... Compliance which indicated that the subject advisers were unable to provide sufficient evidence of informed instructions to switch the clients out of MySuper." These breaches formed part of a Royal Commission case study, where Commissioner Hayne did ...

Super funds face fresh data requirements

ALLY SELBY  |  WEDNESDAY, 24 JUN 2020
The prudential regulator will request additional data from the country's super funds, in a bid to understand the full impact of the COVID-19 pandemic on the industry. The COVID-19 Pandemic Data Collection (PDC) will enable the regulator to conduct an ...

Calls for index industry disruption

ALLY SELBY  |  MONDAY, 22 JUN 2020
Morningstar has called for disruption in the index industry, arguing investors, financial advisers and asset managers have much to gain from a more diversified market. This sector of the asset management industry needs more competition, especially when ...

Hold super accountable for miners' actions: Future Super

HARRISON WORLEY  |  THURSDAY, 11 JUN 2020
... sustainable" about the nation's cultural sites being destroyed in pursuit of profit, and added super members had the power to switch their retirement savings to funds which don't invest in companies which do so. "As the rest of the world has begun to ...

BetaShares to list hedged versions of global stocks ETFs

KANIKA SOOD  |  WEDNESDAY, 10 JUN 2020
... $554 million Global Sustainability Leaders ETF (ETHI) and the $764 million NASDAQ 100 ETF (NDQ) as Australian investors switch gears from unhedged versions of global equities funds to hedged ones. "The bottom line is what we are seeing -- at the moment ...

Is a market turning point around the corner?

HARRISON WORLEY  |  WEDNESDAY, 10 JUN 2020
Antipodes Partners investment boss Jacob Mitchell believes less popular stocks might soon outperform the market's current winners. Current market cap concentration, and market breadth in the S&P500 might signal a turning point for less popular, lower ...

Senator criticises lazy super system

JAMIE WILLIAMSON  |  FRIDAY, 5 JUN 2020
Senator Jane Hume has said the compulsory nature of superannuation allowed super funds to become lazy, creating inefficiencies in the system. She has also hinted the government will soon turn its attention back to the Productivity Commission's recommendation ...

Sydney boutique shutters fund

KANIKA SOOD  |  THURSDAY, 28 MAY 2020
... over 80, matching levels during the GFC. This was a black swan event that our proprietary model did not forecast. "The switch from a low volatility regime into an extreme volatility regime was very abrupt. We did hold a modest VIX tail hedge, but it ...

Open banking accreditation now open

ALLY SELBY  |  WEDNESDAY, 27 MAY 2020
... banking in Australia. Consumer Data Right gives consumers greater access and control over their data, allowing them to safely switch and transfer their banking data between trusted providers. Open banking encourages competition between service providers ...