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Showing 381 - 390 of 1205 results for "Switch"

US pension funds approach point of no return

JAMIE WILLIAMSON  |  THURSDAY, 21 MAY 2020
... the liquidity to pay pensions in full or, possibly, at all. According to the report, if funds run dry they will likely switch to pay-as-you-go systems, meaning pensioners will be forced to rely on the operating budgets of employers to get their retirement ...

ASIC bans RC case study adviser

HARRISON WORLEY  |  TUESDAY, 12 MAY 2020
A former Millennium3 adviser whose advice was cited as a case study during the Royal Commission is set to appeal a 10-year ban handed down by ASIC. ASIC has banned Adelaide-based adviser Christopher Norman Harris from providing financial services for ...

Link feels impact of COVID-19

JAMIE WILLIAMSON  |  FRIDAY, 8 MAY 2020
The early release of super scheme has seen more than 5% of the accounts Link Group administers close. It comes as the group rolls out optional pay cuts to its leadership team. In a presentation to the Macquarie Australian Investors Conference yesterday ...

Darwinian time for super

HARRISON WORLEY  |  THURSDAY, 7 MAY 2020
With COVID-19 rapidly shifting the ground beneath them, only the fittest superannuation funds will survive, according to Hostplus' Paul Watson. Appearing as part of a virtual panel discussing mergers in super, Hostplus group executive member experience ...

Super switching three times higher: CFS

ELIZA BAVIN  |  WEDNESDAY, 6 MAY 2020
... The second most popular investment category was Australian shares, with 26% of those who switched moving into equities. "Switch call volumes peaked on March 23 after the S&P/ASX shed 5.6% to 4546, down 36.5% from its peak just over two months ago," CFS ...

Colonial First State closes global fund

ALLY SELBY  |  FRIDAY, 1 MAY 2020
Colonial First State has terminated a $19.5 million diversified fund, after it returned -11.7% in the first three months of the year. The Acadian Diversified Alpha fund will no longer be available to investors, with switches and redemptions from the ...

Investment approaches in change phase

ELIZA BAVIN  |  THURSDAY, 30 APR 2020
The COVID-19 crisis may be the push superannuation funds needed as investment processes make the switch from strategic asset allocation (SAA) to a total portfolio approach (TPA). At the end of 2019, before the effects of the pandemic reached Australian ...

A case for flexible asset allocation: First Sentier

ALLY SELBY  |  MONDAY, 27 APR 2020
... said. "[It] goes back to the investor [being able] to select the appropriate risk level for themselves and potentially switch funds, rather than allowing the underlying manager to manage the overall risk. "Dynamically adjusting allocations and risk can ...

COVID-19 clogs custody mandate pipeline

ELIZABETH MCARTHUR  |  FRIDAY, 24 APR 2020
... biggest custody businesses are experiencing delays in implementing new mandates, as volatility makes clients hesitant to switch. During Northern Trust's 2020 first quarter earnings announcement chief executive Mike O'Grady acknowledged that newly won ...

Challenger winds up boutique partnership

KANIKA SOOD  |  WEDNESDAY, 22 APR 2020
Challenger's Fidante Partners has sold its stake in an event-driven manager that it partnered with in 2018, according to its March quarter update which also shows superannuation funds moving to cash. Fidante has ended its partnership with US-based firm ...