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| | | ... reported by Financial Standard, on March 17 the super fund's systems were compromised in a cyber-attack, with "some limited data" accessed. NGS was adamant its systems were only accessed for a short period. At the time, NGS Super said its network ... |
| | | | ... Sunsuper, including the Queensland fund's multi-asset portfolios. Collocott has also held senior roles at lnTech, MCA NZ Limited, and Watson Wyatt. Mercer Super Trust is now one of the 15 largest funds in Australia with approximately 850,000 members ... |
| | | | ... "We believe people are turning to their family and friends because the options for getting professional advice are too limited and too expensive," Cupitt said. The research also uncovered that two-thirds of Australians (66%) are concerned that cost of ... |
| | | | ... changes such as the introduction of non-relevant providers to the advice space with super funds initially. There was a limited scope to the type of advice that could be provided and collectively charged because of the Sole Purpose Test. And these people ... |
| | | | ... best interests will remain. Nevertheless, the revised standard will offer more explicit legislative backing for scaled or limited-scope advice, provided it aligns with the client's objectives and needs and in situations where the advice provider ... |
| | | | ... to look and feel a lot more like a managed fund." Investors in private equity, for example, are traditionally known as "limited partnership arrangement". "Investors are not actually a unitholder, but partner in a fund. This is now moving towards a traditional ... |
| | | | ... Spencer boasts close to 35 years in financial services, serving at a variety of firms including Fidelity, Fund Partners Limited, Brunel Pension Partnership, and Embark Pensions. In their new roles, both Dunn and Spencer will report to Bravura group chief ... |
| | | | ... a 25 basis point increase at its previous meeting in November. RBA governor Michele Bullock stated yesterday that the "limited information" received on the domestic economy since the November meeting has been in line with expectations. She said the monthly ... |
| | | | ... of guilt or liability," ASIC said. Morningstar said in a statement that: "Morningstar Investment Management Australia Limited has agreed to settle two infringement notices issued by ASIC that arose when Morningstar self-identified and self-reported two ... |
| | | | ... attract the "desired number of investors" and no expectation of further growth as key reasons. "Kaplan Funds Management Pty Limited, the investment manager, has confirmed they do not wish to pursue the fund strategy given the current level of assets ... |
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