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Showing 4411 - 4420 of 8611 results for "DIF"

"We were wrong about super": FSC chair

ALEX BURKE  |  THURSDAY, 21 JUL 2016
The superannuation system was sold incorrectly to Australians, according to the Financial Services Council's new chair Geoff Lloyd. Speaking on a panel at the 2016 FSC Leaders Summit in Melbourne, Lloyd said: "The industry was wrong to sell super as ...

New $70bn MLC fund gives retail access to unlisted

ALEX BURKE  |  THURSDAY, 21 JUL 2016
The scale advantages of the $70 billion merged MLC Super Fund will deliver better returns to members through access to the unlisted space, according to NAB Wealth executive general manager Paul Carter. Speaking on a panel on superannuation fund scale ...

ASIC needs to focus on prevention, not cure

ALEX BURKE  |  THURSDAY, 21 JUL 2016
ASIC needs to work directly with the advice industry and develop more proactive regulation, according to Affinia chair Steve Helmich. Speaking on a panel at the 2016 FSC Leaders Summit in Melbourne, Helmich said that ASIC's role is to ensure favourable ...

No more inquiries, says FSC

ALEX BURKE  |  WEDNESDAY, 20 JUL 2016
Financial Services Council chief executive Sally Loane has advocated four-to-five-year government terms to end the "traffic jam of financial reform" which has cost the industry nearly $3 billion. Speaking at the 2016 FSC Leaders Summit in Melbourne ...

FSC names new chair

ALEX BURKE  |  WEDNESDAY, 20 JUL 2016
Financial Services Council chief executive Sally Loane has named the organisation's new chair. Speaking at the FSC Leaders Summit 2016 in Melbourne, Loane said that outgoing chair Greg Cooper would be replaced by Perpetual chief executive Geoff Lloyd. ...

Magellan launches third ASX-quoted active fund

MARK SMITH  |  TUESDAY, 19 JUL 2016
Magellan Financial Group is launching an ASX-quoted version of its top-performing listed infrastructure fund. The Magellan Infrastructure Fund (Currency Hedged) is expected to commence trading on the ASX with the code MICH on 22 July 2016. The new exchange-quoted ...

Evergreen appoints asset committee members

ALEX BURKE  |  MONDAY, 18 JUL 2016
Family office and advice-focused boutique investment consultancy Evergreen Consultants has finalised its asset allocation committee. The committee members are Evergreen co-founder Angela Ahston, former Fiji Provident Fund chief investment officer Tom ...

Mercer wins new super partnership

DARREN SNYDER  |  THURSDAY, 14 JUL 2016
Wealth management firm Mercer recently won a superannuation partnership with one of Australia's largest mining services companies, adding about 4000 new members to the Mercer Super Trust. The partnership saw Orica transition about one-third of its workforce ...

Fee and return disclosures influence retirement choice

DARREN SNYDER  |  THURSDAY, 14 JUL 2016
A group of researchers have developed strategies to advance superannuation member engagement with retirement plan choices, particularly focusing on fee and return disclosures. In a working paper recently published by the Centre of Excellence in Population ...

NAB appoints independent customer advocate

KERRIE SYDEE  |  TUESDAY, 12 JUL 2016
National Australia Bank (NAB) has appointed an independent customer advocate to support its retail and small business customers in resolving serious complaints. Catherine Wolthuizen will step into the newly created banking role as NAB commits to the ...