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Showing 381 - 390 of 4276 results for "Yesterday"

Fund manager names new chief executive

KARREN VERGARA  |  WEDNESDAY, 8 SEP 2021
... appoint a dedicated chief executive officer with responsibility for oversight of all the firm's business activities." Yesterday, Natixis Investment Managers announced that Louise Watson has been promoted to the role of country head for Australia ...

ASIC to watch member shunting to untested super products

KANIKA SOOD  |  THURSDAY, 2 SEP 2021
... Superannuation Trustees (AIST) general manager advocacy Melissa Birks told ASIC and APRA at AIST's annual investment conference yesterday. "...Are you alert to this and what sort of things are ASIC going to be doing in that space to ensure that consumers ...

Cbus, Media Super sign SFT deed

JAMIE WILLIAMSON  |  WEDNESDAY, 1 SEP 2021
The two industry super funds have progressed their plans to merge, officially signing a successor fund transfer deed. Together, the funds will manage more than $70 billion in retirement savings for about 850,000 members. As part of the deal, Cbus will ...

YFYS test results not a fair representation: Frontier

ELIZABETH MCARTHUR  |  WEDNESDAY, 1 SEP 2021
... comparisons and risk and volatility adjusted returns must be taken into consideration. The results of the YFYS test, released yesterday, saw 13 out of 76 MySuper products fail. The failing funds were AMG MySuper, ASGARD Employee MySuper, Australian Catholic ...

FASEA exam pass rate drops

KARREN VERGARA  |  WEDNESDAY, 1 SEP 2021
... two-thirds of financial advisers passed the July exam sitting. The Financial Adviser Standards and Ethics Authority announced yesterday that 60% of the 1963 candidates passed the July exam sitting. This is markedly down from the May sitting, which had ...

CFS drops admin fees on FirstChoice Employer Super

KANIKA SOOD  |  TUESDAY, 31 AUG 2021
Colonial First State yesterday said it will drop the administration fees on its FirstChoice Employer Super products from, ahead of the Your Future, Your Super test results today. Effective October, CFS will charge FirstChoice Employer customers 30bps ...

Results out: 13 funds fail YFYS performance test

KANIKA SOOD  |  TUESDAY, 31 AUG 2021
... member outcomes. Four funds have already announced firm or planned mergers with passing funds, while CFS FirstChoice yesterday announced a fee cut. BOC is merging with Equipsuper, EISS is exploring a merger with TWU, LUCRF is merging with AustralianSuper ...

Three-month relief proposal gains traction

KARREN VERGARA  |  FRIDAY, 20 AUG 2021
... of their last sitting is closer to becoming official. The Financial Advisers Standards and Ethics Authority announced yesterday that the Corporations (Relevant Providers Exams Standard) (Amendment No. 1) Determination 2021 has been lodged with the federal ...

Magellan to move to higher tax rate

KANIKA SOOD  |  WEDNESDAY, 18 AUG 2021
... However, it said it would "consult with industry on alternative measures to support the industry". Magellan's FY21 results yesterday noted the change in law. "Once abolished, the concessional 10% rate will no longer be available and all our assessable ...

Super fund portfolio disclosure consultation reopens

KARREN VERGARA  |  WEDNESDAY, 18 AUG 2021
... First-round consultations for the proposed regulations took place between from 28 April 2021 to 25 May 2021. Hume announced yesterday that the government has proposed several amendments and a new round of consultations. The second round of consultation ...