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Showing 431 - 440 of 1206 results for "Switch"

Industry fund revamps MySuper offering

KANIKA SOOD  |  WEDNESDAY, 6 NOV 2019
... equities) will provide our MySuper members with a better outcome at retirement," the fund said in a statement to members. The switch means the default members' fees and costs will also increase from a total of 0.84% p.a. to 0.95% p.a. EISS Super's ...

Adviser tampered with MySuper

ELIZABETH MCARTHUR  |  FRIDAY, 1 NOV 2019
... Aon Hewitt Financial Advice. "Of the minority of clients who responded to Aon Hewitt, most indicated they now wished to switch to MySuper," ASIC said. "For the larger group of affected clients who did not respond, the current trustee of the AMT (Equity ...

Hostplus, Club Super finalise merger

JAMIE WILLIAMSON  |  FRIDAY, 1 NOV 2019
... 22,000 members. Club Super accounts will be transferred to Hostplus by November 14, at which time members will be able to switch between Hostplus' suite of investment options. "We welcome the members of Club Super, along with employers and key staff ...

Inflation the forgotten risk to retiree portfolios

HARRISON WORLEY  |  WEDNESDAY, 30 OCT 2019
... protected. "All those government bonds you hold which will have negative returns or poor returns if inflation expectations rise, switch them for inflation linked bonds. It's a fairly simple thing to do, and we do it for all of our portfolios," he ...

AustralianSuper rules out SMSF options

KANIKA SOOD  |  THURSDAY, 17 OCT 2019
AustralianSuper chief executive Ian Silk said the $170 billion superannuation fund will not open its investment options to self-managed-superannuation, unlike HostPlus which made the move in June. The $43 billion HostPlus opened up some of its options ...

AMP Capital cuts retail fees on Aussie equities fund

KANIKA SOOD  |  THURSDAY, 3 OCT 2019
AMP Capital has almost halved the fees for the retail investors in its $680 million AMP Capital Equity Fund, bringing them at par with wholesale fees. The AMP Capital Equity Fund will charge 26 bps instead of 46 bps per annum in management fees. "AMP ...

Bennelong boutique scores first insto mandate

KANIKA SOOD  |  THURSDAY, 26 SEP 2019
A Bennelong boutique investing in listed real estate has won its first institutional allocation from a specialist insurer. Quay Global Investors won an undisclosed amount from Avant Mutual Group, as the latter switched managers and increased allocation ...

Crunch time for boutique funds

KANIKA SOOD  |  MONDAY, 23 SEP 2019
The boutique model has long coaxed successful fund managers out of big asset management firms but the new class of fund managers looking to break out faces a very different landscape. At least eight boutiques have indicated intention to shut shop so ...

Chief economist update: This is a job for the RBA (and the Treasury)

BENJAMIN ONG  |  FRIDAY, 20 SEP 2019
Sub-one percent official cash rate here we come! The Australian dollar's near half a cent drop to US$67.84 on the day immediately following the US Federal Reserve's announced a 25 bp cut in the fed funds rate underscores financial markets' ...

Members still lack group insurance awareness: MetLife

KRISTI CHENG  |  THURSDAY, 29 AUG 2019
Superannuation members still do not realise they are entitled to life insurance via their super funds despite concerted effort to raise awareness, new research finds. MetLife's latest Insurance inside super report found 73% of Australians are aware ...