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Showing 4361 - 4370 of 10553 results for "BEI"

MySuper growth leads industry

KANIKA SOOD, DARREN SNYDER  |  FRIDAY, 6 APR 2018
MySuper products now have more than $635 billion in assets and account for about one-quarter of Australia's $2.6 trillion superannuation system. Rainmaker's latest MySuper report shows the sector is growing at twice (19%) the pace of overall superannuation ...

Two industry funds merge

KARREN VERGARA  |  THURSDAY, 5 APR 2018
Two industry superannuation funds will merge to create a $10.3 billion superannuation fund with about 125,000 members. NGS Super and QIEC Super will operate as one entity from 1 November 2018; QIEC Super will become a subdivision of NGS Super in the ...

FIIG Securities goes global, appoints chief executive

JAMIE WILLIAMSON  |  THURSDAY, 5 APR 2018
Fixed income specialist FIIG Securities established its first offshore subsidiary in Europe, promoting a senior executive to lead the new business. Based in Malta, FIIG International provides the FIIG Group with an ability to operate in all 28 member ...

Incumbents can innovate or separate: AltFi Summit

DARREN SNYDER  |  WEDNESDAY, 4 APR 2018
Financial services incumbents must lean on and learn from fintechs to carry industry innovation toward future consumer demands or risk being left behind. Speaking ahead of the AltFi Australasia Summit on 16 April, Credible founder and chief executive ...

Affordable advice outsourcing at the ready

JAMIE WILLIAMSON  |  WEDNESDAY, 4 APR 2018
A new partnership will provide financial advice practices with access to a cost-effective, "off the shelf" outsourcing solution to ease back-office pressures. DBA Advisory and financial planning software provider FinPal have joined forces to improve ...

Chief economist update: Synchronised global slowing?

BENJAMIN ONG  |  WEDNESDAY, 4 APR 2018
If the just-released results of the JP Morgan Global Manufacturing PMI survey are any indication, the synchronised global upswing that was the stuff of investor optimism in the latter part of last year is beginning to lose momentum. The survey shows..."the ...

Less than half of all super funds are gaining new members

ALEX DUNNIN  |  THURSDAY, 29 MAR 2018
APRA released its 2017 superannuation fund level statistics and it shows that of the 170 funds included in their report, less than half experienced growth in net new membership. Reinforcing the growing dominance of not-for-profit super funds, they accounted ...

Super Plus switches to SMSF fintech

KANIKA SOOD  |  THURSDAY, 29 MAR 2018
Brisbane-based SMSF administrator Super Plus is migrating its clients to Mclowd, which provides its core software for free. The administrator has entered into a five-year agreement with Mclowd - a fintech with about $1 billion in super assets under ...

Chief economist update: The survey says...

BENJAMIN ONG  |  THURSDAY, 29 MAR 2018
With China in the centre of US president Donald Trump's protectionist crosshairs, China needs the result of latest surveys on its economy like a hole in the head...or so it seems. In early March, China's purchasing managers' indices surveyed by both ...

Chief economist update: It's not just the trade war

BENJAMIN ONG  |  MONDAY, 26 MAR 2018
Trade war and an escalation of it was what every other financial market report pointed to as ground zero for the renewed equity market slump. Most equity markets from New York to Rio and old London town have now turned red this year to date, one would ...